Frozen food giant Nomad Foods, parent company of frozen seafood brands Birds Eye, Findus and Iglo, said it expects to pass on more price increases in the closing quarter of 2022 amid soaring raw material and operating costs.

This comes as the company reported a 35 percent increase in preliminary adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to €153 million ($151 million).

Revenue increased 27 percent, to €760 million ($751 million), over the period while organic revenue growth was 7 percent higher.