The Vita o pany(US:COCO)2025-04-30 12:10First Quarter 2025 Performance - Net sales increased by 172% to $131 million compared to Q1 2024[10] - Gross margin was 367%, a decrease of 550 BPS[10] - Adjusted EBITDA was $23 million, representing a 172% margin, a decrease of 182 BPS[10] - Net income was $19 million, or $031 per share[10] - Volume (CE) growth was +21% compared to Q1 2024[31] Strategic Growth Pillars - The company aims to expand households and occasions by expanding consumption occasions and gaining share through retail execution with expanded package offerings[15] - The company plans to innovate outside the core by extending the brand to new occasions with new product formats and premium offerings[15] - The company intends to grow internationally, focusing on expanding the category in the UK and Germany, and increasing brand share in Germany[17] - The company is considering future M&A activities in complementary markets and categories to add capabilities and deliver synergies through growth acceleration and cost optimization[17] 2025 Full Year Guidance - The company projects net sales of $555-$570 million[38] - The company anticipates adjusted EBITDA of $86-$92 million[38] - The company expects a gross margin of 35%-37%[38]