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Nomad Foods Limited - NOMD STOCK NEWS

Welcome to our dedicated news page for Nomad Foods (Ticker: NOMD), a resource for investors and traders seeking the latest updates and insights on Nomad Foods.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nomad Foods's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nomad Foods's position in the market.

Rhea-AI Summary
Nomad Foods Limited (NOMD) released its annual report for the fiscal year ended December 31, 2023, filing with the SEC. Shareholders can access the report online or request a hard copy free of charge.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.81%
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none
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Rhea-AI Summary
Nomad Foods Limited (NOMD) reports record-high net sales and Adjusted EBITDA for 2023, with strong financial guidance for 2024. The company achieved organic revenue growth, increased Adjusted EBITDA, and delivered Adjusted EPS of €1.61. Management expects continued growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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-
Rhea-AI Summary
Nomad Foods Limited (NOMD) announces 2024 Adjusted EPS guidance of €1.75-€1.80 per share, with 9-12% growth. The company will report fourth quarter and full-year results on February 29, 2024. CEO Stéfan Descheemaeker expresses satisfaction with Q4 momentum and anticipates strong growth in 2024, with revenues in line with guidance and adjusted EBITDA above estimates. Nomad Foods also initiates a quarterly dividend, showcasing confidence in future cash flows and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
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Rhea-AI Summary
Nomad Foods Limited (NYSE: NOMAD) executives to present at 2024 CAGNY conference in Florida. Webcast and presentation slides to be available on company website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
conferences
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Rhea-AI Summary
Nomad Foods Limited announced the successful repricing of its existing EUR denominated Term Loan B, resulting in a 75 basis points reduction in the margin to EURIBOR + 2.75%. This is expected to save approximately €1 million in annual cash interest. The company's Chief Financial Officer, Samy Zekhout, highlighted the strength of their operating performance and improving capital market conditions. Noam Gottesman, Co-Chairman and Founder, expressed satisfaction with the results of the refinancing and emphasized the financial flexibility it provides for executing strategic objectives and driving strong shareholder returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Nomad Foods Limited (NOMD) has declared an initial quarterly cash dividend of $0.15 per share, marking a significant milestone for the company. The dividend will be payable on February 26, 2024, to shareholders of record as of February 9, 2024. This decision reflects the company's confidence in its ability to generate significant cash flows and sustainable, long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
dividends
Rhea-AI Summary
Nomad Foods Limited (NYSE: NOMD) reported a 0.5% revenue growth and an Adjusted EPS of €0.43 for the third quarter of 2023. They also raised their full-year Adjusted EPS guidance to €1.57 - €1.60 and announced a new share repurchase authorization of up to $500 million. Additionally, they intend to launch a quarterly dividend in early 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.12%
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Rhea-AI Summary
Nomad Foods will report Q3 2023 results on November 9th. A conference call will be held to discuss the results and a replay will be available on the company website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
conferences earnings
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Rhea-AI Summary
Nomad Foods reprices its existing USD denominated Term Loan B, resulting in €5 million of annual cash interest savings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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none
Rhea-AI Summary
Nomad Foods announces anticipated repricing of its USD 700 million Term Loan B to reduce interest rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
none
Nomad Foods Limited

NYSE:NOMD

NOMD Rankings

NOMD Stock Data

3.02B
125.42M
17.65%
78.89%
1.5%
Frozen Specialty Food Manufacturing
Manufacturing
Link
United Kingdom
Feltham

About NOMD

nomad foods is europe’s leading frozen food company with approx. 8000 employees across 22 markets and 19 factories. the company’s portfolio of iconic brands, which includes birds eye, findus, iglo, aunt bessie’s and goodfella’s, have been a part of consumers’ meals for generations, standing for great tasting food that is convenient, high quality and nutritious.nomad foods is headquartered in the uk and additional information may be found at www.nomadfoods.com.