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.
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