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Nomad Foods Continues To Expect FY24 Organic Revenue Growth Of 3%-4%; Reiterates Adjusted EPS Outlook Of €1.75-€1.80

Benzinga ·  Aug 7 06:55

2024 Guidance
For the full year 2024, the Company continues to expect organic revenue growth of 3%-4%, driven by positive volume/mix, Adjusted EBITDA growth of 4%-6%, and Adjusted EPS of €1.75-€1.80, implying growth of 9-12%. Based on USD/EUR exchange rate as of August 1st, this translates into 2024 Adjusted EPS of $1.89-$1.94. The Company expects full year cash flow conversion in the range of 90% to 95%.

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