NYSE$NOMD
Nomad Foods Ltd · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Nomad Foods Q4 2024: €793M revenue (+4.3%), adjusted EPS €0.42 (+31%), EBITDA €137M
Nomad Foods delivered a strong finish to fiscal 2024 with fourth-quarter reported revenue of €793 million, up 4.3% year over year, and organic revenue growth of 3.1% driven by 4.7% volume growth despite a 1.6% price/mix decline. Adjusted EBITDA rose 17.6% to €137 million and adjusted EPS increased 31% to €0.42, reflecting margin expansion and fewer shares outstanding. Gross margin improved 120 basis points to 28.5% on favorable mix and supply-chain productivity. For full-year 2024, revenue reached €3.1 billion with adjusted EPS of €1.78 and adjusted free cash flow conversion of 101%. Management raised 2025 adjusted EPS guidance to €1.85–€1.89.
- Q4 revenue of €793 million grew 4.3% with 3.1% organic growth and 4.7% volume growth.
- Adjusted EBITDA increased 17.6% to €137 million; adjusted EPS rose 31% to €0.42.
- Gross margin expanded 120 bps to 28.5% on mix gains and supply-chain productivity.
- Full-year 2024 adjusted EPS was €1.78 with €292 million of adjusted free cash flow.
- FY 2025 adjusted EPS guidance raised to €1.85–€1.89 versus prior €1.81–€1.85 range.
Headline financials
Revenue & EPS history
Nomad Foods · Revenue · Quarterly
€793M
Forward guidance
For FY 2025 Nomad Foods expects 1–3% organic revenue growth, 2–4% adjusted EBITDA growth, and adjusted EPS of €1.85–€1.89 (4–6% growth), with adjusted free cash flow conversion of 90% or greater.
Tailwinds
- Ninth consecutive year of record net sales and adjusted EBITDA.
- Volume and market share turned positive in the back half of 2024.
Headwinds
- Continued investment in brands and innovation will weigh on near-term margins.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+1.7%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+1.5%
Avg return
30 days after
57%
24 / 42 earnings
Positive
+13.5%
Q1 2022
Best reaction
-12.4%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -8.5% | -14.8% | -21.0% | |
| Q3 2025 | +6.0% | +5.3% | +6.0% | |
| Q2 2025 | -9.5% | -8.1% | -12.0% | |
| Q4 2024 | +5.0% | +7.8% | +4.0% | |
| Q3 2024 | +1.4% | +3.6% | +9.3% | |
| Q2 2024 | +1.9% | +0.9% | +2.7% | |
| Q4 2023 | +6.0% | +5.1% | +6.3% | |
| Q3 2023 | +12.5% | +15.4% | +15.9% | |
| Q2 2023 | +0.9% | +0.3% | -7.5% | |
| Q1 2023 | -4.8% | -7.5% | -9.2% | |
| Q4 2022 | -0.4% | +2.5% | +2.9% | |
| Q3 2022 | +5.4% | +6.9% | +9.1% | |
| Q2 2022 | +6.5% | +4.0% | -3.8% | |
| Q1 2022 | +13.5% | +15.2% | +9.2% | |
| Q4 2021 | +1.9% | +1.2% | -14.0% | |
| Q3 2021 | -8.5% | -8.2% | -13.9% | |
| Q2 2021 | +4.8% | +4.9% | +3.9% | |
| Q1 2021 | -1.5% | -2.8% | +8.5% | |
| Q4 2020 | -5.8% | -4.5% | +9.6% | |
| Q3 2020 | -4.5% | -10.0% | -5.2% | |
| Q2 2020 | +5.0% | +4.2% | +6.7% | |
| Q1 2020 | +4.5% | +7.7% | -0.5% | |
| Q4 2019 | -1.6% | +4.8% | -6.2% | |
| Q3 2019 | +4.4% | +2.3% | +6.4% | |
| Q2 2019 | -3.0% | -7.4% | -5.6% | |
| Q1 2019 | +4.6% | +5.7% | +1.2% | |
| Q4 2018 | +11.7% | +11.7% | +8.5% | |
| Q3 2018 | +6.3% | +4.0% | -1.1% | |
| Q2 2018 | +5.1% | +3.8% | +8.5% | |
| Q1 2018 | +5.8% | +4.9% | +9.4% | |
| Q4 2017 | -1.1% | -1.2% | +1.7% | |
| Q3 2017 | +6.4% | +6.8% | +8.1% | |
| Q2 2017 | +1.7% | +1.2% | -0.5% | |
| Q1 2017 | +7.9% | +8.0% | +5.5% | |
| Q4 2016 | -0.2% | -4.7% | +2.9% | |
| Q3 2016 | -12.4% | -15.6% | -10.4% | |
| Q2 2016 | +11.9% | +16.8% | +18.9% | |
| Q4 2015 | -0.1% | — | — | |
| Q1 2016 | -2.2% | — | — | |
| Q3 2015 | -1.3% | — | — | |
| Q2 2015 | -2.3% | — | — | |
| Q1 2015 | +0.0% | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — |
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