An announcement from Nomad Foods ( (NOMD) ) is now available.
Nomad Foods announced its financial results for the fourth quarter and full year of 2024, reporting its ninth consecutive year of record-high net sales and Adjusted EBITDA. The company achieved significant organic sales growth, margin expansion, and market share gains, distributing €208 million to shareholders through dividends and share repurchases. For 2025, Nomad Foods has raised its earnings outlook, expecting continued growth in organic revenue and Adjusted EBITDA, alongside increased investment in its products and brands. The company’s strong performance reflects its strategic brand investments and operational excellence, positioning it for further success in the competitive frozen food market.
More about Nomad Foods
Nomad Foods is Europe’s leading frozen food company, known for its portfolio of iconic brands such as Birds Eye, Findus, iglo, Ledo, and Frikom. These brands are recognized for providing convenient, high-quality, and nutritious meals. Based in the United Kingdom, Nomad Foods has established itself as a prominent player in the frozen food industry.
YTD Price Performance: 13.72%
Average Trading Volume: 618,351
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.08B
For a thorough assessment of NOMD stock, go to TipRanks’ Stock Analysis page.