Nomad Foods Limited: Nomad Foods Reports Fourth Quarter and Full Year 2020 Financial Results
Full year Adjusted EPS of €1.35 represents 10% growth, ahead of guidance
Anticipates a fifth consecutive year of organic revenue, Adjusted EBITDA and Adjusted EPS growth in 2021
Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three and twelve-month periods ended December 31, 2020.
Key operating highlights and financial performance for the fourth quarter 2020, when compared to the fourth quarter 2019, include:
Reported revenue increased 4.7% to €658 million
Organic revenue growth of 9.5%
Reported Profit for the period of €59 million
Adjusted EBITDA increased 3% to €119 million
Adjusted EPS of €0.38
Key operating highlights and financial performance for the full year 2020, when compared to the full year 2019, include: