Miguel Alvarez/iStock via Getty Images Introduction When the interest rates on the financial markets are low a “buy and build” strategy based on M&A makes a lot of sense. That’s exactly how Nomad Foods (NYSE:NOMD), a leader in frozen meals and frozen food, operated. Of course the increasing interest rates in the past few years…
Nomad Foods Limited (NYSE:NOMD) Q4 2023 Earnings Conference Call February 29, 2024 8:30 AM ET Company Participants Amit Sharma – Head, Investor Relations Stefan Descheemaeker – Chief Executive Officer Samy Zekhout – Chief Financial Officer Conference Call Participants John Baumgartner – Mizuho Securities Steve Powers – Deutsche Bank Rob Dickerson – Jefferies Jon Tanwanteng –…
Jacobs Stock Photography Ltd Nomad Foods (NYSE:NOMD) is one of the leaders in frozen food products in the European Union and the UK. The company’s brands command an upper 30% market share in several European markets in the fish and vegetables category, and its products are premium priced as much as 20%. Last year in…
fadfebrian/iStock via Getty Images Nomad Foods (NOMD) manufactures and distributes frozen foods in Europe with a focus on countries such as the United Kingdom, Italy, and Germany. The company sells through brands such as Findus, Birds Eye, Iglo, Frikom, and Ledo. Around 40% of the company’s revenues come from fish products, 20% from vegetables, 10%…
SondraP/E+ via Getty Images Stable prospects for Nomad Foods (NYSE:NOMD) on the back of an increase in A&P investments, steady growth in Europe’s frozen food market along with opportunistic expansion to new markets through a combination of inorganic and organic strategies. Their valuation appears fair. Company Overview Nomad Foods is Europe’s leading frozen foods company…