Nomad Foods cuts FY25 EPS view to EUR 1.64-EUR 1.76 from EUR 1.82-EUR 1.89

Cuts FY25 adjusted EBITDA view to down 3%-7% from flat to up 2%. The company said, “The Company is lowering its full-year guidance given weaker-than-expected first half results and to enhance its ability to absorb other unforeseen disruptions in the second half of the year, were they to occur. Full year organic revenue is now expected to be flat to -2% versus the prior expectation of a 0%-2% year-on-year change. The full year Adjusted EBITDA guidance range is now -3% to -7% year-on-year versus its prior outlook of 0%-2% year-on-year. Adjusted EPS is now expected to be in a range of EUR 1.64 to EUR 1.76 versus the previous range of EUR 1.82-EUR 1.89. Based on USD/EUR exchange rate as of July 30, 2025, this translates into 2025 Adjusted EPS range of $1.89 to $2.02. The Company is maintaining its full year adjusted free cash flow conversion guidance of 90% or greater.”