Nomad Foods expects third consecutive year of profitable organic revenue growth

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Europe’s leading frozen food company provided preliminary commentary ahead of full-year results.

In a statement, UK-based Nomad Foods – owner of Birds Eye, Findus and Iglo – posted that full year 2019 organic revenue growth is expected to be 2.1% and adjusted EBITDA for the period will amount to approximately EUR 432 million, exceeding the high end of prior guidance.

Noman Foods CEO Stéfan Descheemaeker said: “Fourth quarter and full-year 2019 Adjusted EBITDA are expected to exceed our prior guidance, marking our third consecutive year of profitable organic revenue growth.”