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Nomad Foods Ltd (NOMD), a leader in Europe's frozen food sector, provides this centralized hub for all official company announcements and market updates. Access timely press releases covering financial results, product innovations, and strategic initiatives from the trusted source behind iconic frozen food brands.
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All content originates from official Nomad Foods communications, ensuring accuracy for those analyzing the packaged foods sector. Regular updates include quarterly financial disclosures, leadership announcements, and product line expansions within the frozen meals category.
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Nomad Foods Limited (NYSE: NOMD) has announced it will report its first-quarter results for the period ending March 31, 2023, before the market opens on May 10, 2023. A conference call to discuss these results will begin at 8:30 AM EDT on the same day.
Listeners from North America can join by dialing +1-844-826-3033, while international participants can call +1-412-317-5185. A presentation will accompany the call, which will also be webcast live on the company's website.
A replay of the call will be available for two weeks, accessible via +1-844-512-2921 for North America and +1-412-317-6671 for international listeners, using replay pin number 10177893.
Nomad Foods (NYSE: NOMD) revealed that CEO Stefan Descheemaeker and Anthony Bucalo, Head of Investor Relations, will join a fireside chat at the UBS Global Consumer and Retail Conference in New York, NY on March 16, 2023, at 8:00 a.m. ET. An audio webcast of the event will be accessible on the Nomad Foods website. The company is renowned for being Europe’s leading frozen food provider, featuring iconic brands such as Birds Eye, Findus, and iglo.
Nomad Foods Limited (NYSE: NOMD) has made its annual report for the fiscal year ending December 31, 2022 available to shareholders. This comprehensive document includes audited financial statements and was filed with the U.S. Securities and Exchange Commission on February 23, 2023. Shareholders can access the report via the company's website or request a hard copy free of charge. Nomad Foods, headquartered in the UK, is Europe's leading frozen food company, known for well-established brands like Birds Eye and Findus. For more details, visit www.nomadfoods.com.
Nomad Foods (NYSE: NOMD) reported robust financial performance for 2022, achieving record annual revenue of €2.94 billion, up 12.8% year-over-year. The company also reported an Adjusted EPS of €1.68, a rise of 8%. For Q4 2022, revenue increased 6.6% to €750 million, with an Adjusted EBITDA of €113 million. The company plans to achieve 2023 Adjusted EPS between €1.50 and €1.55, assuming mid-single-digit revenue growth. Management notes the resilience of its operating model amid challenging market conditions and highlights the strong cash flow and financial flexibility to drive future growth.
Nomad Foods Limited (NYSE: NOMD) will announce its fourth quarter and full year 2022 results on February 23, 2023, before the market opens. A conference call will follow at 8:30 AM EST, allowing participation via North American and international calls. Additionally, Nomad's CEO Stefan Descheemaeker and CFO Samy Zekhout will present at the 2023 CAGNY Conference at 4:00 PM EST on the same day in Boca Raton, FL. Access to the live call and presentation will be available on the Nomad Foods website, where a replay will also be posted for two weeks.
Nomad Foods Limited has successfully issued a USD 700 million term loan and a EUR 130 million term loan, both maturing in 2029. The proceeds will be used to repay an existing USD 960 million term loan due in 2024 and cover transaction expenses. CFO Samy Zekhout expressed confidence in the refinancing, noting the favorable terms reflect the company's solid cash flow and business model. This refinancing extends debt maturities and provides interest rate certainty through new hedging arrangements. The loans will be secured by the company and its subsidiaries.
Nomad Foods Limited (NYSE: NOMD) reported a strong Q3 2022, achieving revenue growth of 26.7% to €760 million, driven by a 7.2% organic growth and acquisitions. Adjusted EPS increased 48.6% year-on-year to €0.52. Adjusted EBITDA rose 35.3% to €153 million. The company reaffirmed its full-year Adjusted EPS guidance of €1.65 to €1.71, indicating confidence in sustained growth and profitability. Debt refinancing positions the company for favorable long-term financing, with 75% of debt fixed until 2027.
On November 8, 2022, Nomad Foods announced the pricing of two term loans: a USD 700 million loan with a SOFR rate plus 3.75%, and a EUR 130 million loan with EURIBOR plus 3.5%, both due in 2029. The company will utilize the proceeds to repay an existing USD 960 million term loan maturing in 2024 and for general corporate expenses. Closing of the loans is expected on November 10, 2022, contingent upon standard conditions. Nomad Foods is a leading frozen food company in Europe, known for its brands like Birds Eye and Findus.