Nomad Foods(US:NOMD)2021-02-25 18:15Financial Highlights - Q4 2020 - Organic revenue grew by 9.5% [9], exceeding the prior guidance of high-single digit growth [15] - Adjusted EPS increased by 19% year-over-year to €0.38 [9, 23] - Gross margin expanded by 160 basis points year-over-year [9, 23] Financial Highlights - Full Year 2020 - Total revenues reached €2.52 billion, with organic growth of 8.7% [12] - Adjusted EBITDA was €467 million [12] - Adjusted EPS grew by 10% to €1.35 [12] - Adjusted Free Cash Flow was €345 million, representing a 131% conversion rate [12] 2021 Guidance - The company projects total revenue growth of 3-5% [29] - Organic revenue growth is expected to be approximately 1-2% [30] - Adjusted EPS growth is projected to be approximately 11-15%, reaching €1.50-€1.55 [32, 33] Strategic Initiatives - The company deployed over €600 million of cash towards share repurchases and €112 million to acquire the Findus Switzerland business in 2020 [15]