Perrigo provides FY25-FY27 financial targets

Sees FY25-FY27: Organic net sales CAGR of 2.5% to 4.5%. Adjusted gross margin expansion of +200 to +400 basis points by 2027. Adjusted operating margin expansion of +150 to +250 basis points by 2027. Adjusted diluted EPS CAGR of high-single to low-double digit percentage. Operating cash flow conversion to adjusted net income of approximately 100% or more. Free cash flow as a percentage of net sales of approximately +200 basis points by 2027. Net leverage of less than 3x adjusted EBITDA in 2027.