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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.
This resource serves investors and industry professionals seeking comprehensive updates on NOMD's retail partnerships, manufacturing developments, and market positioning. Find verified information on earnings reports, sustainability efforts, and operational milestones without promotional content.
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.
Bookmark this page for direct access to NOMD's latest corporate developments. Combine these primary sources with broader market analysis to maintain informed perspectives on this established frozen foods manufacturer.
Nomad Foods announced a refinancing initiative to replace its USD 960 million Term Loan B due in mid-2024 with a new USD 825 million seven-year term loan. The refinancing aims to cover the existing loan and will include meetings with lenders anticipated soon. However, the company has cautioned that there are no guarantees regarding the refinancing's completion or terms. This information is not an offer to sell or solicit securities.
Nomad Foods is a leading European frozen food company.
Nomad Foods Limited (NYSE: NOMD) reported a strong performance for Q3 2022, with revenue rising by 26.7% to €760 million and organic revenue growth of 7.2%. The gross margin improved by 110 basis points to 29.1%, and Adjusted EBITDA surged 35.3% to €153 million. The company maintained its Adjusted EPS guidance at €1.65 - €1.71 for the full year, indicating positive growth potential. With double-digit price increases implemented to counteract rising costs, Nomad Foods positions itself for sustained growth into 2023.
Nomad Foods (NYSE: NOMD) will release its third quarter 2022 results on November 9, 2022, before the NYSE market opens. A conference call with the executive management team is planned for 8:30 AM EDT the same day.
Listeners can join the call via North American dial-in at +1-844-826-3033 or international dial-in at +1-412-317-5185. The event will also be webcast on the Nomad Foods website, with a replay available for two weeks post-event.
Nomad Foods Limited (NYSE: NOMD) will participate in a fireside chat at the Barclays Global Consumer Staples Conference on September 7, 2022, at 11:15 a.m. ET in Boston, MA. Key executives attending include Stefan Descheemaeker, Samy Zekhout, and Anthony Bucalo. An audio webcast will be accessible through Nomad Foods' website. Nomad Foods is Europe's leading frozen food company, known for brands like Birds Eye and Findus.
Nomad Foods (NOMD) reported a 17.0% increase in revenue, reaching €697 million for Q2 2022, although organic revenue declined by 3.2%. The company adjusted its full-year EPS guidance to €1.65 - €1.71 from €1.71 - €1.75 due to economic challenges, including the ongoing war in Ukraine. Reported profit for the period was €75 million with an unchanged adjusted EPS of €0.40. Despite these challenges, the management remains optimistic about long-term growth, aiming for a target of €2.30 EPS by 2025.
Nomad Foods Limited (NYSE: NOMD) is set to report its second-quarter results for the period ending June 30, 2022, before the market opens on August 10, 2022. A conference call with the executive management team will begin at 8:30 AM EDT on the same day, where they will discuss the results in detail. North American listeners can dial +1-877-300-8521, while international participants can call +1-412-317-6026. The call will also be available via webcast on the company’s website, with a replay accessible for two weeks.
Nomad Foods Limited (NYSE: NOMD) will participate in a fireside chat at the 19th Annual dbAccess Global Consumer Conference in Paris on June 15, 2022, at 10:45 a.m. ET. CEO Stefan Descheemaeker and CFO Samy Zekhout will lead the discussion. The event will be webcasted live on the company’s website, enhancing accessibility for investors and stakeholders. Nomad Foods is Europe's leading frozen food company, boasting iconic brands like Birds Eye and Findus, known for their convenient and nutritious offerings.
Nomad Foods (NYSE: NOMD) reported a 3.6% increase in revenue to €733 million for Q1 2022, despite an organic revenue decline of 4.5%. Adjusted EPS fell 8.5% to €0.43, while reported profit rose to €56 million. The company maintains its full-year adjusted EPS guidance of €1.71 - €1.75, indicating potential growth of 10-13%. Management emphasized resilience amidst macro challenges, including supply chain disruptions due to the Ukraine conflict and inflation. Share repurchases and investment in the Fortenova acquisition are part of their growth strategy.
Nomad Foods is urging the food industry in Europe to adopt a comprehensive end-to-end Life Cycle Assessment (LCA) to better evaluate the environmental impact of food products. The company emphasizes the importance of understanding food waste and its contribution to carbon emissions in the product life cycle. A recent study conducted on 22 of its popular frozen food products revealed that retail and consumer waste contributes to over 160 million tonnes of food waste and 17.25 million tonnes of CO2 emissions in the EU and UK. The study indicates that many frozen food items have lower carbon footprints compared to non-frozen alternatives.
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