Frozen food giant Nomad Foods, parent company of frozen seafood brands Birds Eye, Findus and Iglo, reported a 23 percent increase in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the fourth quarter of 2018, hitting €101 million ($115.3 million) and exceeding prior guidance.

Revenue increased 21 percent to €615 million ($701.8 million), with organic revenue growth of 4.2 percent. This was comprised of 1.7