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Nomad Foods reiterates FY23 view adjusted EPS EUR 1.54 – EUR 1.57
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Nomad Foods reiterates FY23 view adjusted EPS EUR 1.54 – EUR 1.57

“We look forward to attending the Barclays conference and highlighting the execution of our stepped-up A&P investment program and believe it will lead to sequential volume and market share improvements in the back half of this year and into 2024. We are pleased to reiterate our previously provided full-year 2023 guidance. For full-year 2023, management continues to expect Adjusted EPS of EUR 1.54 to EUR 1.57, mid-single-digit organic revenue growth, and Adjusted Free Cash Flow of approximately EUR 250 million. For the third quarter 2023, management expects revenues of EUR 750 to EUR 755 million, Adjusted EBITDA of EUR 127 to EUR 133 million, and Adjusted EPS of EUR 0.37 to EUR 0.39,” said Stefan Descheemaeker, Chief Executive Officer.

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