Nomad Foods was initially rated a buy due to its attractive valuation, consistent cash flow, and strong brand portfolio. Since the initial review, shares have risen by almost 20%, and recent financial data shows the stock remains attractive. Despite high debt and competition from private labels, Q4 and FY24 results showed stabilizing and positive volume trends, justifying market optimism.
Nomad Foods Limited reported strong Q4 2024 results with 3.1% organic sales growth, driven by volume expansion, marking its best quarter of the year. Despite solid performance, management's 2025 guidance remains muted, with only 1%-3% organic growth expected, and continued reliance on promotions to drive share. Valuation is not attractive, trading at 13–14x GAAP earnings, with limited growth prospects and no clear catalyst for multiple expansion.
Nomad Foods (NOMD) is a stock that rallied on a day full of red arrows. The company distributes frozen foods across the U.K. and the world.
WOKING, England , March 3, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) (the "Company" or "Nomad Foods"), announced today that its annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2024 (the "Annual Report"), filed with the U.S. Securities and Exchange Commission (the "SEC") today, March 3, 2025, can be accessed through the Investors – SEC filings link on its website, www.nomadfoods.com, as well as on the SEC's website at www.sec.gov. Shareholders may request a hard copy of the Company's Annual Report, free of charge, by contacting the Company at Nomad Foods, Forge, 43 Church Street West, Woking GU21 6HT, Attention: Investor Relations.
Nomad Foods Limited (NYSE:NOMD ) Q4 2024 Earnings Conference Call March 3, 2025 8:30 AM ET Company Participants Jason English - Head of IR Stefan Descheemaeker - CEO Ruben Baldew - CFO Conference Call Participants Andrew Lazar - Barclays Steve Powers - Deutsche Bank Rob Dickerson - Jefferies John Baumgartner - Mizuho Jon Tanwanteng - CJS Securities Peter Saleh - BTIG Operator Good day, ladies and gentlemen. And welcome to Nomad Foods Fourth Quarter 2024 Earnings Conference Call.
WOKING, England , Feb. 24, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the fourth quarter ended December 31, 2024 before New York Stock Exchange market open on Monday, March 3, 2025. A conference call with members of the executive management team will be held to discuss the results with additional comments and details.
Investors need to pay close attention to Nomad Foods (NOMD) stock based on the movements in the options market lately.
Execution of the commercial flywheel is driving strong market share and volume growth 2025 is expected to be the 10th consecutive year of revenue and Adjusted EBITDA growth as Nomad Foods celebrates its 10th anniversary as a public company WOKING, England , Jan. 14, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today provided an update on its in-market performance and detailed its strategy and tactics to sustain momentum. The Company continued to gain market share through the fourth quarter with accelerating volume growth as investments behind its Commercial Flywheel delivered results.
WOKING, England , Jan. 6, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that Stéfan Descheemaeker, Chief Executive Officer, and Ruben Baldew, Chief Financial Officer, will present at the 27th Annual ICR Conference to be held in Orlando, FL on Tuesday, January 14, 2025 at 10:30 AM Eastern time. A live audio webcast of the presentation will be made available on Nomad Foods' website at www.nomadfoods.com.
Nomad Foods: Still Cheap At Around 9x Earnings