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Nomad Foods Limited
3/3/2025
Good day, ladies and gentlemen, and welcome to Nomad Foods Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. Please note that this conference is being recorded. I would now like to turn the conference over to Jason English, Head of Investor Relations. Please go ahead.
Hello, and welcome to Nomad Foods' fourth quarter 2024 earnings call. I am Jason English, head of investor relations, and I'm joined in the call today by Stefan Deschmaker, our CEO, and Ruben Baldu, our CFO. By now, everyone should have access to the earnings release for the period ended December 31, 2024, that was published at approximately 6.45 a.m. Eastern Time. The press release and investor presentation are available on Nomad Foods' website at nomadfoods.com. This call is being webcast in a replay and will be available on the company's website. This conference call will include forward-looking statements that are based on our view of the company's prospects, expectations, and intentions at this time. Actual results may differ due to the risks and uncertainties which are discussed in our press release, our findings in the SEC, and in our investor presentation, which includes cautionary language. We will also discuss non-IFRS financial measures during the call today. These non-IFRS financial measures should not be considered replacement for and should be read together with IFRS results. Users can find the IFRS and non-IFRS reconciliations within our earnings release and in the appendices at the end of the slide presentation available on our website. Please note that certain financial information within this presentation represents adjusted figures for 2023 and 2024. All these adjusted figures have been adjusted primarily for share-based payment expenses and related employer payroll taxes, non-operating M&A-related costs, acquisition purchase price adjustments, exceptional items, and foreign currency translation charges or gains. Unless otherwise noted, comments from here will refer to those adjusted numbers. With that, I'll hand it over to Stefan.
Thank you, Jason. I'm happy to report that Nomad Foods had a strong finish to 2024 with impressive volume-driven organic sales growth, and robust margin expansion.
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