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Nomad Foods ( (NOMD) ) has issued an announcement.
On January 14, 2025, Nomad Foods announced its strategic plans and projected growth for 2025 during the 27th Annual ICR Conference. As the company celebrates its 10th anniversary as a public entity, it expects to continue its trend of revenue and adjusted EBITDA growth, targeting organic revenue growth between 1% and 3% and adjusted EBITDA growth of 2% to 4%. Despite increased investments in advertising and product innovation, Nomad Foods remains confident in achieving its 2024 guidance and anticipates a strong performance in 2025, driven by its focus on consumer trends and high-margin growth platforms. This strategic approach is expected to maintain the company’s robust position in the frozen foods industry.
More about Nomad Foods
Nomad Foods (NYSE: NOMD) is Europe’s leading frozen food company, known for its portfolio of iconic brands such as Birds Eye, Findus, iglo, Ledo, and Frikom. The company is headquartered in the United Kingdom, focusing on providing convenient, high-quality, and nutritious frozen food products.
YTD Price Performance: -5.10%
Average Trading Volume: 702,563
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.54B
See more insights into NOMD stock on TipRanks’ Stock Analysis page.
