By Denny Jacob
Nomad Foods shares rose 6.7% following higher revenue in its latest quarter and expectations for continued momentum.
Shares were trading around $20.16. The stock is up about 3.4% over the last year.
The frozen food manufacturer and distributor recorded fourth-quarter revenue of 793.4 million euros ($823.4 million) compared to 760.8 million euros in the prior-year period.
The company said it expects momentum on its top- and bottom-line growth to continue in fiscal 2025.
"Growth can be choppy month-to-month and quarter-to-quarter but the underlying trendline of improvement is evident in our results," said Chief Executive Stéfan Descheemaeker.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
March 03, 2025 10:42 ET (15:42 GMT)
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