European frozen foods giant Nomad Foods posted an 8 percent increase in adjusted 2020 earnings before interest, taxes, depreciation and amortization (EBITDA) to €467 million ($571 million).

The company, which holds the Birds Eye, Iglo and Findus brands, recently flagged the result in an update to the market.

Last year revenues rose just above 8 percent to €2.5 billion ($3 billion).