Premium Brands Holdings Corporation (PRBZF) Q4 2024 Earnings Q&A Call Transcript

Premium Brands Holdings Corporation (OTCPK:PRBZF) Q4 2024 Earnings Conference Call March 21, 2025 1:30 PM ET

Company Participants

George Paleologou – President & CEO
Will Kalutycz – CFO

Conference Call Participants

Kyle McPhee – Cormark Securities Inc.
Derek Lessard – TD Cowen
Martin Landry – Stifel Nicolaus Canada Inc.
Ty Collin – CIBC
Christopher Li – Desjardins Securities Inc.
Stephen MacLeod – BMO Capital Markets
Vishal Shreedhar – National Bank Financial, Inc.
John Zamparo – Scotiabank
Michael Glen – Raymond James
Ryland Conrad – RBC Capital Markets

George Paleologou

Good morning, and welcome everyone to our 2024 Fourth Quarter and Year-End Conference Call. With me here today is our CFO, Will Kalutycz. Hopefully, you’ve had a chance to listen to our pre-recorded call posted on our website this morning. We will now take your questions. Judy?

Question-and-Answer Session

Operator

Thank you. And ladies and gentlemen, we will now begin the question-and-answer session. [Operator Instructions] And ladies and gentlemen, just wanted to introduce our speakers for today will be George Paleologou, CEO and President of Premium Brands; and Will Kalutycz, CFO of Premium Brands.

And with that, our first question comes from the line of Kyle McPhee with Cormark Securities. Please go ahead.

Will Kalutycz

Hey, Kyle.

Kyle McPhee

Hi, everyone. Hi, guys. First, I want to talk through some of the moving parts feeding your 2025 revenue guidance. Your guidance implies $830 million of revenue gains, more like $500 million if we exclude the contribution of your recent acquisition. So for that organic revenue gain of around $500 million, how much of that is linked to the contributions from your US growth programs versus other things like the clawback of revenue losses in 2024 linked to your large QSR client and maybe the Canadian consumer headwinds clawback?

And maybe as

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