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Neogen Corporation (NEOG) Sets FY2031 Growth and Margin Targets
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Neogen issued a framework targeting high-single- to low-double-digit revenue growth, adjusted gross margin in the high-50% range, and ~30% adjusted EBITDA margin by FY2031, with increased R&D and a Petrifilm manufacturing transition starting Nov 2026. Material Details #DetailAI Analyst View1FY2031 adj. EBITDA margin ~30%Implies significant profitability expansion; a key valuation driver if achieved.2FY2031 adj. gross margin high-50%Signals structural margin lift from…