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

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD) today announced that management will present virtually at the Consumer Analyst Group of New York (CAGNY) Conference at 11:50am EST. In advance of its presentation, the Company is providing preliminary commentary for the three and twelve-month periods ended December 31, 2020 which are scheduled to be reported on Thursday February 25, 2021. The Company is also providing initial guidance for the full year 2021. Preliminary Fourth

Nomad Foods Provides Preliminary Full Year 2020 Expectations and Initiates 2021 Guidance

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD) today announced that Stefan Descheemaeker, Chief Executive Officer, and Samy Zekhout, Chief Financial Officer, will be presenting at the 2021 Consumer Analyst Group of New York (CAGNY) Virtual Conference on Wednesday, February 17, 2021 at 11:50 a.m. ET. A video of the presentation and presentation slides will be made available on the “Investor Relations” section of the Company's website at http://www.nomadfoods.com. About Nomad

Nomad Foods to Present at 2021 CAGNY Virtual Conference

General Mills

Kraft Heinz

Mondelez

Simply Good Foods

One analyst says packaged-food stocks will remain stronger for longer in 2021, even after the vaccine rollout.

5 Food Stocks to Buy in 2021

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD) announced today that it has entered into exclusive negotiations to acquire Fortenova Group's Frozen Food Business Group (FFBG), which includes Ledo, Frikom and other leading frozen brands. This prospective transaction is aligned with management's strategy of complementing strong organic growth in the base business with the acquisition of market leading frozen food brands across Europe. FFBG has a leading European frozen food po

Nomad Foods Enters into Exclusive Negotiations to Acquire Fortenova Group's Frozen Food Portfolio

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD) announced today that it has completed its previously announced acquisition of Findus Switzerland from Froneri International Ltd. and certain intellectual property from an affiliate of Nestlé S.A. for a purchase price of approximately €110 million. Commenting on the transaction, Stéfan Descheemaeker, Nomad Foods' Chief Executive Officer said, “The acquisition of Findus Switzerland reinforces Nomad's position as Europe's leading

Nomad Foods Completes Acquisition of Findus Switzerland

Nomad Foods has posted a good Q3 and hiked full-year guidance. The company has repurchased 14% of its shares this year, in anticipation of a strong future.

Nomad Foods Repurchased 14% Of Its Shares This Year - What's Next?

COVID-19 will contribute to the company's future long-term growth. The company's strong balance sheet puts it in a position to perform strategic acquisitions.

Nomad Foods: A Solid Bet On The Leader In A Growing Frozen Foods Market

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD) today provided updates on fourth quarter 2020 business performance and share repurchase activity ahead of investor meetings taking place at the Citi Global Consumer Conference on December 8, 2020. Fourth Quarter and Full Year 2020 Business Update Fourth quarter 2020 performance is tracking ahead of management's prior expectations with organic revenue growth now projected to increase in the high-single digit percent range. Organ

Nomad Foods Raises 2020 Guidance and Announces Significant Share Repurchase Activity

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at delivering attractive risk-adjusted returns rather than following the ups and downs of equity markets hoping that they will outperform the broader market. Our research shows that certain hedge funds do have great stock picking skills (and we can identify these hedge funds in advance pretty accurately), so let's take a glance at the smart money sentiment towards Nomad Foods Limited (NYSE:NOMD).

Was The Smart Money Right About Nomad Foods Limited (NOMD)?

Nomad Foods Ltd (NOMD) CEO Stefan Descheemaeker on Q3 2020 Results - Earnings Call Transcript

Nomad Foods (NOMD) delivered earnings and revenue surprises of 6.06% and -1.29%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Nomad Foods (NOMD) Beats Q3 Earnings Estimates

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three and nine month periods ended September 30, 2020. Key operating highlights and financial performance for the third quarter of 2020, when compared to the third quarter 2019, include: Reported revenue increased 6.7% to €576 million Organic revenue growth of 5.4% Reported Profit for the period of €56 million Adjusted EBITDA increased 13% to €109 million Adjusted EPS increased 20% to €

Nomad Foods Reports Third Quarter 2020 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.

Nomad Foods (NOMD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD), announced today that it will host its Investor Day virtually on Tuesday, November 10, 2020. Management's presentation will begin at 8:00 AM EST and is expected to conclude by approximately 10:30 AM EST. Participants can register for the event in advance and access it live at https://2020.nomadfoods.live. A replay of the webcast will be made available following the conclusion of the event on Nomad Foods' website at http://www.n

Nomad Foods to Host Investor Day on November 10, 2020

Nomad Foods: Another Potential Compounding Vehicle From An Investing Legend

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the third quarter ended September 30, 2020 before New York Stock Exchange market open on Thursday, November 5, 2020. A conference call with members of the executive management team will be held to discuss the results with additional comments and details. The conference call is scheduled to begin at 8:30 AM Eastern Daylight Time on Thursday, November 5, 2020. To participate on the live

Nomad Foods to Report Third Quarter 2020 Results on Thursday, November 5, 2020

Nomad Foods is benefiting from COVID-19 as it's experiencing increased demand for frozen food.

Nomad Foods: Strong Free Cash Flows Allowed It To Repurchase 10% Of Its Own Shares This Year

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD), announced today the final results of its “modified Dutch auction” tender offer for up to $500 million of its ordinary shares, which expired at 5:00 pm, New York City time, on September 9, 2020. Based on the final count by the depositary for the tender offer, a total of 18,061,952 ordinary shares were validly tendered and not validly withdrawn at or below the price of $25.50 per share.

Nomad Foods Announces Final Results of Tender Offer

Nomad Foods (NOMD) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Nomad Foods (NOMD) Catches Eye: Stock Jumps 5.9%

Nomad Foods (NOMD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Nomad Foods (NOMD) Hits 52-Week High, Can the Run Continue?

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD), announced today the preliminary results of its “modified Dutch auction” tender offer for up to $500 million of its ordinary shares which expired at 5:00 pm, New York City time, on September 9, 2020. Based on the preliminary count by the depositary for the tender offer, a total of 18,938,159 ordinary shares were validly tendered and not validly withdrawn at or below the price of $25.50 per share, including 7,921,070 shares that

Nomad Foods Announces Preliminary Results of Tender Offer

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD), today announced that Stefan Descheemaeker, Chief Executive Officer, and Samy Zekhout, Chief Financial Officer, will be participating in a fireside chat at the Barclays Global Consumer Staples Virtual Conference on Tuesday, September 8, 2020 at 1:20 p.m. ET. An audio webcast of the fireside chat will be made available on Nomad Foods’ website at http://www.nomadfoods.com.

Nomad Foods to Participate in Barclays Global Consumer Staples Virtual Conference

Nomad Foods (NOMD) Soars to 52-Week High, Time to Cash Out?

FELTHAM, England--(BUSINESS WIRE)--Nomad Foods Limited (NYSE: NOMD), today announced that it has commenced the previously announced “modified Dutch auction” tender offer to purchase with cash up to $500 million of its ordinary shares, at a price per share of not less than $23.00 and not more than $25.50. The complete terms of the tender offer are set forth in the offer to purchase and the related letter of transmittal, each dated today.

Nomad Foods Commences Previously Announced Tender Offer to Purchase up to $500 Million of its Ordinary Shares

Nomad Foods Limited's (NOMD) CEO Stéfan Descheemaeker on Q2 2020 Results - Earnings Call Transcript

News for Nomad Foods Stock (NOMD)