Nomad Foods Ltd. (NOMD) has released an update.
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Nomad Foods Ltd. reported a modest revenue increase of 1.1% to €784 million in Q1 2024, with a slight organic growth and a decline in adjusted EBITDA by 16.4%. Despite a decrease in gross profit and adjusted EPS, the company reaffirms its 2024 full-year guidance, anticipating revenue and EBITDA growth, coupled with a confident outlook for sustained sales and profit advancements.
For further insights into NOMD stock, check out TipRanks’ Stock Analysis page.
