Neogen Expects FY2025 Adjusted EBITDA Of $215M-$235M, While Capital Expenditures Are Expected To Be Approximately $85M, Including Approximately $55M Related Specifically To The Integration Of The Former 3M Food Safety Division
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Neogen expects its FY2025 adjusted EBITDA to be between $215M and $235M, with capital expenditures around $85M, including $55M for integrating the former 3M Food Safety Division.
July 30, 2024 | 11:08 am
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Neogen projects its FY2025 adjusted EBITDA to be between $215M and $235M, with capital expenditures around $85M, including $55M for integrating the former 3M Food Safety Division.
The projected EBITDA range indicates strong financial performance, while the capital expenditures, particularly the $55M for integration, suggest strategic investments that could enhance future profitability. This is likely to positively impact NEOG's stock price in the short term.
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