Nomad Foods

Nomad Foods Ltd. operates as a holding company, which manufactures and sells frozen foods for human consumption. The firm offers its products under the brands LUTOSA, la Cocinera, Birds Eye, Iglo, and Findus. The company was founded by Noam Gottesman and Sir Martin E. Franklin on April 1, 2014 and is headquartered in Middlesex, the United Kingdom.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Nomad Foods reports record sales and outlines growth strategies for 2023

Nomad Foods delivered strong financial performance in 2022, overcoming challenges to achieve record sales and profitability.
The company's strategic initiatives to mitigate supply chain disruptions and focus on pricing strategies position it well for growth in 2023.
Opportunities lie in increasing investments, maximizing portfolio value, and exploring cash flow utilization options for shareholder returns.
Nomad Foods' commitment to frozen food value and ambitious financial goals underpin its resilience and growth prospects in the market.

Nomad Foods reports strong Q1 earnings, raises guidance for 2023

Nomad Foods had a solid start to the year, focusing on commercial approach and supply chain savings for growth. The company aims to recoup input cost inflation through pricing strategies and is on track to meet guidance. Investments in marketing and revenue growth strategies are key focus areas for future growth.

Nomad Foods reports strong Q2 performance, raises EPS guidance

Nomad Foods' Q2 performance showcased strong growth and strategic initiatives to drive future success. The company raised its EPS guidance, increased A&P investments, and emphasized innovation and supply chain efficiency. Challenges include managing adjusted figures and market share, with opportunities lying in driving volume growth and market expansion.

Nomad Foods reports solid Q3 performance and plans dividend initiation

Nomad Foods' Q3 2023 performance was solid, with a focus on driving growth through increased advertising, supply chain efficiency, and new category expansion. Despite challenges in volume due to retail disputes, the company remains optimistic about market share recovery and volume growth in 2024. Nomad's strategic investments and cost management efforts position it well for future success.

Nomad Foods reports robust earnings, eyes accelerated growth in 2024

Nomad Foods delivered strong financial results in Q4 and full-year 2023, with a positive outlook for accelerated growth in 2024.
The company's strategic focus on key categories, innovation, and shareholder returns positions it well for future success.
Challenges include sustaining growth momentum, managing competition, and balancing investment priorities.
Opportunities lie in organic sales growth, strategic capital allocation, and potential M&A activities for continued expansion.

Nomad Foods reports solid Q1 performance, eyes growth opportunities

Nomad Foods' Q1 2024 performance showed positive sales growth and improved free cash flow, despite margin challenges. The company's strategic focus on key markets and higher-margin products presents growth opportunities, while cost management remains a priority.

Nomad Foods excels in Q2 2024, eyes market share recovery

Nomad Foods demonstrated strong financial performance in Q2 2024, driven by volume growth, margin expansion, and increased profitability. The company's strategic focus on key growth platforms and market share recapture bodes well for future performance. Opportunities in the evolving European consumer landscape offer potential for sustained growth.

Nomad Foods reports robust Q3 growth amidst ERP challenges

Nomad Foods' Q3 performance showcased strong financial growth despite temporary challenges from ERP implementation.
The company's strategic focus on innovation, market share growth, and premium offerings positions it for sustained success.
Despite lowering full-year revenue outlook, Nomad Foods remains confident in its growth trajectory and investment strategies.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Nomad Foods Limited (NYSE:NOMD ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Jason English - Interim Head of Investor Relations Stéfan Descheemaeker - Chief Executive Officer Ruben Baldew - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Rob Dickinson - Jefferies John Baumgartner – Mizuho Securities Steve Powers - Deutsche Bank Jon Tanwanteng - CJS Securities Peter Saleh - BTIG Operator Good day, ladies and gentlemen, and welcome to Nomad Foods' Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Nomad Foods Limited (NOMD) Q2 2024 Earnings Call Transcript

Nomad Foods (NOMD) came out with quarterly earnings of $0.47 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.44 per share a year ago.

Nomad Foods (NOMD) Meets Q2 Earnings Estimates

Volume recovery on-track; Revenue growth of +1.1% with Adjusted EPS of €0.44 Reiterates full year 2024 financial guidance WOKING, England , Aug. 7, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three and six month period ended June 30, 2024.  Key operating highlights and financial performance for the second quarter 2024, when compared to the second quarter 2023, include: Reported revenue increased 1.1% to €753 million Organic revenue growth of 0.5% Adjusted EBITDA increased 5.3% to €139 million Adjusted EPS of €0.44 Management Comments Stéfan Descheemaeker, Nomad Foods' Chief Executive Officer, stated, "I am pleased to report strong 2Q results that demonstrate the growing momentum behind our business.

Nomad Foods Reports Second Quarter 2024 Financial Results

WOKING, England , July 24, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the second quarter ended June 30, 2024 before New York Stock Exchange market open on Wednesday, August 7, 2024. A conference call with members of the executive management team will be held to discuss the results with additional comments and details.

Nomad Foods to Report Second Quarter 2024 Financial Results on Wednesday, August 7, 2024

Nomad Foods shifts focus from growth to balance sheet management due to the increasing cost of debt. Q1 results show a decrease in EBITDA, but stable finance costs and good debt management. Company reconfirms full-year guidance, aiming for 3-4% revenue growth and 3-4% adjusted EBITDA margin; investment thesis remains positive.

Nomad Foods: Expect The Free Cash Flow To Increase Throughout The Year

WOKING, England , May 28, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced the appointment of Ruben Baldew as Chief Financial Officer, effective June 17, 2024 (subject to, and conditioned upon, receipt of applicable work authorizations).  Mr. Baldew will succeed Samy Zekhout, who is leaving his position to explore new opportunities outside of Nomad Foods.

Nomad Foods Announces Appointment of Chief Financial Officer

Turtle Beach

Universal Technical Institute

At a time when distrust in the media is rising, the concept of analyst-backed cheap stocks to buy under $20 might seem jarring. After all, the experts get their fair share of criticism in the blogosphere.

Wall Street Favorites: 3 Under-$20 Stocks With Strong Buy Ratings for May 2024

Nomad Foods (NOMD) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.49 per share a year ago.

Nomad Foods (NOMD) Q1 Earnings and Revenues Miss Estimates

Volume recovery on-track; Revenue growth of +1.1% with Adjusted EPS of €0.37 Reiterates full year 2024 financial guidance WOKING, England , May 9, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three month period ended March 31, 2024.  Key operating highlights and financial performance for the first quarter 2024, when compared to the first quarter 2023, include: Reported revenue increased 1.1% to €784 million Organic revenue growth of 0.3% Adjusted EBITDA decreased 16.4% to €122 million Adjusted EPS of €0.37 Management Comments Stéfan Descheemaeker, Nomad Foods' Chief Executive Officer, stated, "I am pleased with the solid start to the year as our first quarter's results demonstrated tangible progress on our key growth initiatives.

Nomad Foods Reports First Quarter 2024 Financial Results

Nomad Foods (NOMD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Nomad Foods (NOMD) Q1 Earnings Expected to Decline

WOKING, England , April 29, 2024 /PRNewswire/ -- Nomad Foods Limited ("Nomad Foods" or the "Company") today announced that it has repriced its existing USD denominated Term Loan B of USD 693 million principal (the "Term Loan"). The closing of the repricing of the Term Loan is expected to occur on or before May 7, 2024, subject to customary closing conditions.

Nomad Foods Announces Successful Repricing of Existing Senior Secured Term Loan

Alamos Gold

Adecoagro

Borr Drilling Ltd

Leonardo DRS Inc

Genpact

There is an ocean of listed stocks and its impossible for an investor to have all quality names in the portfolio. Often, there are fundamentally strong stores that are under-the-radar.

7 Undiscovered Stocks to Buy Before They Go Ballistic

WOKING, England , April 26, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), today announced it will report results for the first quarter ended March 31, 2024 before New York Stock Exchange market open on Thursday, May 9, 2024. A conference call with members of the executive management team will be held to discuss the results with additional comments and details.

Nomad Foods to Report First Quarter 2024 Financial Results on Thursday, May 9, 2024

WOKING, England , April 22, 2024 /PRNewswire/ -- Nomad Foods Limited ("Nomad Foods" or the "Company") today announced the launch of an anticipated repricing of its existing USD denominated Term Loan B of USD 700 million (the "Term Loan") with lender meetings anticipated to follow later this week (the "Repricing"). The Repricing is intended to reduce the interest rate charged on the Term Loan.

Nomad Foods Announces Launch of Repricing Senior Secured Term Loan

DHT Holdings

Talos Energy Inc

With the major indices struggling for traction this past week, it may be an opportune moment to consider undervalued stocks under $20. Yes, going the bargain route has its risks, no doubt about it.

3 Under $20 Stocks to Buy Now: Q2 Edition

Nomad Foods reports better-than-expected Q4 and full-year 2023 results, with revenue and EBITDA increasing. The company's focus on generating strong free cash flow results in lower debt and interest expenses. Nomad Foods expects revenue and adjusted EBITDA to increase in 2024, making it an appealing investment option.

Nomad Foods: Trading At An Adjusted FCF Yield Of 11%

FELTHAM, England , Feb. 29, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) (the "Company" or "Nomad Foods"), announced today that its annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2023 (the "Annual Report"), filed with the U.S. Securities and Exchange Commission (the "SEC") today, February 29, 2024, can be accessed through the Investors – SEC filings link on its website, www.nomadfoods.com, as well as on the SEC's website at www.sec.gov.  Shareholders may request a hard copy of the Company's Annual Report, free of charge, by contacting the Company at Nomad Foods, No.

Nomad Foods Annual Report Available to Shareholders

Nomad Foods Limited (NOMD) Q4 2023 Earnings Call Transcript

Delivers record-high net sales and Adjusted EBITDA; Full year Adjusted EPS of €1.61 Affirms strong 2024 financial guidance   FELTHAM, England , Feb. 29, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) (the "Company" or "Nomad Foods"), today reported financial results for the three and twelve-month periods ended December 31, 2023.  The Company finished the year on excellent footing and given the ongoing sequential improvement in its monthly trends, the business is on track to return to positive volume growth in 2024.

Nomad Foods Reports Fourth Quarter and Full Year 2023 Financial Results

Nomad Foods (NOMD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Recent Price Trend in Nomad Foods (NOMD) is Your Friend, Here's Why

Initiate 2024 Adjusted EPS guidance of €1.75-€1.80 per share, representing 9-12% growth Company to report fourth quarter and full year results on Thursday, February 29, 2024  FELTHAM, England , Feb. 21, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that management will present at the Consumer Analyst Group of New York (CAGNY) Conference on February 22, 2024 at 4:00pm EST. In advance of its presentation, the Company is providing an update on year-end 2023 results and initial guidance for full year 2024.

Nomad Foods Provides Updates on Full Year 2023 Results and Initiates 2024 Guidance

FELTHAM, England , Feb. 14, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMAD) today announced that Stefan Descheemaeker, Chief Executive Officer, and Samy Zekhout, Chief Financial Officer, will be presenting at the 2024 Consumer Analyst Group of New York's (CAGNY) annual conference in Boca Raton, Fla., on Thursday, February 22, 2024 at 4:00 p.m.

Nomad Foods to Present at 2024 CAGNY Conference

FELTHAM, England , Feb. 5, 2024 /PRNewswire/ -- Nomad Foods Limited ("Nomad Foods" or the "Company") announced today that it has repriced its existing EUR denominated Term Loan B of EUR 130 million principal due 2029 (the "Term Loan"). The closing of the repricing of the Term Loan occurred on February 2, 2024, subject to customary closing conditions.

Nomad Foods Announces Term Loan Repricing

FELTHAM, England , Jan. 30, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), a leading frozen food company, today announced that its Board of Directors has declared an initial quarterly cash dividend of $0.15 per share on the Company's issued and outstanding ordinary shares. The initial quarterly dividend will be payable on February 26, 2024 to shareholders of record as of the close of business on February 9, 2024.

Nomad Foods Declares Initial Quarterly Dividend

AutoNation

Alliance Resource Partners

International Seaways

Matador Resources

SSR Mining

Viper Energy Partners LP

You can go small or you can go big, but ahead of market ambiguities, investors may be best served with mid-cap stocks. Sure, the sector might sound a bit boring.

News for Nomad Foods Stock (NOMD)