Nomad Foods ups FY25 EPS view to EUR 1.85-EUR 1.89 from EUR 1.81-EUR 1.85

The company said, “For the full year 2025, Nomad Foods (NOMD) continues to expect organic revenue growth of 1%-3% and Adjusted EBITDA growth of 2%-4% while meaningfully increasing investment in its products and brands again in 2025. Adjusted EPS is now expected to be EUR 1.85-EUR 1.89, implying growth of 4-6%, versus the prior outlook of EUR 1.81-EUR 1.85. Based on USD/EUR exchange rate as of February 25, 2025, this translates into 2025 Adjusted EPS of $1.94-$1.98. The Company also continues to expect full year adjusted free cash flow conversion of 90% or greater.”