Nomad Foods Raises FY23 Adjusted EPS Guidance To €1.57-€1.60 From €1.54-€1.57; Reiterates Mid-Single-Digit Organic Revenue Growth And Adjusted Cash Flow Conversion In Range Of 90%-95%
Portfolio Pulse from Benzinga Newsdesk
Nomad Foods has increased its FY23 adjusted EPS guidance to €1.57-€1.60 from €1.54-€1.57. The company also reiterated its mid-single-digit organic revenue growth and adjusted cash flow conversion in the range of 90%-95%.
November 09, 2023 | 12:02 pm
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Nomad Foods has raised its FY23 adjusted EPS guidance, which could lead to increased investor confidence and a potential rise in stock price.
Nomad Foods' raised EPS guidance for FY23 indicates the company's confidence in its future performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
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