Nomad Foods(US:NOMD)2025-06-04 14:10Company Performance & Strategy - Nomad Foods' revenue reached €3.1 billion in 2024, demonstrating a 6% Compound Annual Growth Rate (CAGR) [11] - Adjusted Earnings Per Share (EPS) showed a 10% CAGR, reaching €1.78 in 2024 [12] - Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) exhibited a 7% CAGR, totaling €565 million in 2024 [12] - The company aims for 0-2% organic revenue growth and 2-6% adjusted EBITDA growth in 2025 [77] - Nomad Foods anticipates generating over €850 million in adjusted free cash flow over the next three years (2025-2027) [83] Market Position & Category - Nomad Foods holds the 1 brand preference in 12 out of 15 markets [19] - The company has a 46% weighted average value market share in its top 25 must-win battles [19] - European frozen retail sales amount to €55.4 billion, with food accounting for €39.2 billion and ice cream for €16.2 billion [15] - Meals made from frozen food cost €2-3 less compared to chilled equivalents [25] Innovation & Investment - Advertising and Promotion (A&P) spending increased by 14% year-over-year in 2023 and is projected to increase by 7% year-over-year in 2024 [38] - Innovation as a percentage of revenue is projected to reach near 5% in 2025 [41] - The company aims for 60% superior quality perception by 2025 and 80% by 2027 [43, 45]