Nomad Foods (NOMD) has released an update.
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Nomad Foods has reported a 1.1% increase in revenue for Q2 2024, achieving €753 million with an Adjusted EPS of €0.44, indicating steady financial performance. The company is maintaining its full-year 2024 guidance with expected revenue growth of 3%-4% and Adjusted EBITDA growth of 4%-6%, reflecting a positive outlook for the rest of the year. This financial stability is attributed to successful investments, innovation efforts, and a focus on high margin products, which are showing promising results in volume growth and market momentum.
For further insights into NOMD stock, check out TipRanks’ Stock Analysis page.
