Mirion reaffirms FY25 adjusted EPS view 45c-50c, consensus 46c

Commenting on Mirion’s (MIR) full year 2025 guidance, CEO Thomas Logan said, “Our resilient business model has us on-track for 2025 Organic Revenue growth, Adjusted EBITDA, Adjusted EPS, and Adjusted Free Cash Flow guidance. We remain confident in our value creation strategy and are well-positioned for the new tariff landscape. Our regionalized supply chain is a competitive advantage in today’s uncertain trade environment and de-risks our ability to address customers’ needs.” Mirion has reaffirmed 2025 Organic Revenue growth, Adjusted EBITDA, Adjusted EPS, and Adjusted Free Cash Flow guidance while revising total revenue growth and the corresponding Adjusted EBITDA margin for the fiscal year ending December 31, 2025, including estimated tariff impacts based on today’s levels, net of mitigating actions and updated full year foreign exchange rates. Revenue growth of approximately 5.0% – 7.0%, previously 4.0% – 6.0%; includes a foreign exchange rate headwind of approximately 40 basis points using a Euro-to-USD exchange rate of 1.08. Organic Revenue growth of approximately 5.5% – 7.5%; includes an approximately 30 basis point lasers business closure headwind from 2024. Adjusted EBITDA and Adjusted EBITDA margin of approximately $215 million – $230 million and 24.0% – 25.5%, previously 24.5% – 25.5%, respectively. Adjusted Free Cash Flow of approximately $85 million – $110 million; Adjusted Free Cash Flow Conversion of approximately 39% – 48% of adjusted EBITDA. Adjusted EPS of approximately $0.45 – $0.50 per share.