Nomad Foods Reports Accelerated Organic Sales Growth and Adjusted EPS Increase of 4-6% in 2024

Reuters
05-22
Nomad Foods Reports Accelerated Organic Sales Growth and Adjusted EPS Increase of 4-6% in 2024

Nomad Foods Limited has reported strong financial results, highlighting a successful year driven by strategic investments and growth initiatives. The company reported an acceleration in volume-driven organic sales growth for 2024, marking its ninth consecutive year of top and bottom-line growth. This growth is attributed to increased investments in advertising, innovation, renovation, and merchandising. For the full year of 2024, Nomad Foods anticipates adjusted EBITDA growth of 2% to 4% and adjusted EPS growth of approximately 4% to 6%. The company also expects a full-year adjusted free cash flow conversion of 90% or greater. The company remains optimistic about its future growth potential as it enters its tenth year as a public company. It continues to focus on leveraging its portfolio of iconic brands across Europe and reinforcing its internal capabilities to maintain its market position and drive further growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nomad Foods Limited published the original content used to generate this news brief on May 21, 2025, and is solely responsible for the information contained therein.

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