Nomad Foods(NOMD)

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Nomad Foods Announces Launch of Refinancing of Senior Secured Term Loans
Prnewswire· 2025-10-20 10:45
Accessibility StatementSkip Navigation WOKING, England, Oct. 20, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced the launch of an anticipated refinancing of its existing USD denominated Term Loan B of USD 679 million and EUR denominated Term Loan B of EUR 130 million and EUR 553 million (the "Term Loans") and an associated extension of its Revolving Cash Facility of EUR 175 million with lender meetings anticipated to follow later this week (the "Refinancing"). 440k+Newsrooms &Influen ...
Polaris Global Equity Composite Q3 2025 Commentary
Seeking Alpha· 2025-10-20 06:25
miniseries/E+ via Getty Images 2025 2025 2025 2025 Annualized as of September 30, 2025 Annualized as of September 30, 2025 Annualized as of September 30, 2025 Annualized as of September 30, 2025 Annualized as of September 30, 2025 YTD QIII QII QI 1 Yr 3 Yrs 5 Yrs 10 Yrs Since 9/30/1984 Polaris Global Equity Composite (net of fees) 18.53% 5.04% 8.37% 4.12% 11.69% 19.44% 13.65% 9.58% 10.95% Polaris Global Equity Composite (gross of fees) 18.96% 5.17% 8.50% 4.25% 12.24% 20.03% 14.21% 10.1 ...
Top 3 Defensive Stocks Which Could Rescue Your Portfolio In Q4
Benzinga· 2025-10-16 10:53
Core Insights - The consumer staples sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1] Group 1: Oversold Stocks - Nomad Foods Ltd (NYSE:NOMD) has an RSI of 23.8, with a stock price decline of approximately 13% over the past month, closing at $11.96 [8] - JBS NV (NYSE:JBS) has an RSI of 25.7, with a stock price decrease of around 19% over the past month, closing at $12.81 [8] - Moolec Science SA (NASDAQ:MLEC) has an RSI of 15.1, with a significant stock price drop of about 46% over the past month, closing at $0.68 [8] Group 2: Company Developments - Nomad Foods announced the appointment of Dominic Brisby as the new CEO, effective Nov. 3, following the tenure of Stéfan Descheemaeker [8] - JBS received an Overweight rating from Stephens & Co. analyst Pooran Sharma, maintaining a price target of $19 [8] - Moolec Science received regulatory approval in Argentina for its Safflower GLASO Technology and appointed Valeria Falottico as CFO, indicating progress in its operations [8]
1 Ultra-High-Yield Dividend Stock to Buy Right Now at a Once-in-a-Decade Valuation
The Motley Fool· 2025-10-15 08:55
This industry leader is returning a ton of cash to shareholders, but remains available at a deeply discounted valuation.The market may continue to trade near all-time highs, but growth stocks have done most of the heavy lifting.This delineation can clearly be seen in the chart below, showing the performance of two index-tracking exchange-traded funds (ETFs). As you can see, there is quite a difference between the last six months' performance from high beta (growth-ish) and low volatility (value-ish) stocks ...
Nomad Foods: Historically Cheap As Weather And Inflation Weigh On Results (NYSE:NOMD)
Seeking Alpha· 2025-10-10 21:49
Weather- and inflation-related headwinds appear to have taken their toll on Nomad Foods (NYSE: NOMD ) this year, with 2025 set to mark the end of its previously consistent track record of revenue and earnings growth. As a result, shares of Europe's leading savoryI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Invest ...
Nomad Foods: Historically Cheap As Weather And Inflation Weigh On Results
Seeking Alpha· 2025-10-10 21:49
Core Insights - Nomad Foods is facing challenges due to weather and inflation, which are impacting its revenue and earnings growth trajectory, with 2025 expected to mark the end of its consistent growth record [1] Company Performance - The company is recognized as Europe's leading savory food producer, but current conditions suggest a shift in its financial performance [1] Market Outlook - The anticipated end of revenue and earnings growth in 2025 indicates potential shifts in investor sentiment and market positioning for Nomad Foods [1]
Nomad Foods Names Dominic Brisby as Executive President & CEO-Elect; Announces Stéfan Descheemaeker's Retirement
Prnewswire· 2025-10-10 10:30
Core Viewpoint - Nomad Foods Limited has announced the appointment of Dominic Brisby as the new Executive President and CEO-Elect, effective November 3, 2025, succeeding Stéfan Descheemaeker, who will retire on January 1, 2026 [1][3]. Group 1: Leadership Transition - Dominic Brisby will work alongside current CEO Stéfan Descheemaeker during a transition period until Descheemaeker's retirement [1]. - Descheemaeker has been CEO since the company's founding in 2015 and will continue as a non-executive Director after his retirement [3]. - The transition is part of a planned succession process, with the Board expressing confidence in Brisby's leadership capabilities [4]. Group 2: Dominic Brisby's Background - Brisby has a strong track record in the consumer goods industry, having served as President of North America and Europe at Flora Food Group, where he achieved significant market share growth [2]. - His previous role at Imperial Brands involved reversing market share declines and implementing cost-saving measures that resulted in record profit growth in the U.S. market [2]. Group 3: Company Performance and Future Outlook - Under Descheemaeker's leadership, Nomad Foods has experienced nine consecutive years of revenue and Adjusted EBITDA growth through 2024, with Adjusted EPS expected to have approximately doubled from 2016 to 2025 [3]. - The company is recognized as Europe's leading frozen food business, with a portfolio of iconic brands that align with current consumer trends [5]. - Brisby expressed enthusiasm for unlocking the company's growth potential and delivering attractive returns to stakeholders, emphasizing alignment with trends in nutrition, convenience, value, and sustainability [4].
BTIG Asserts ‘Buy’ Stance on Nomad Foods Ltd (NOMD) Despite Price Target Cut
Yahoo Finance· 2025-09-24 15:42
Core Viewpoint - Nomad Foods Ltd (NYSE:NOMD) is considered a strong investment opportunity in the FMCG sector despite a recent price target reduction by BTIG from $20 to $18 due to challenges in European markets [1][2]. Group 1: Company Performance - BTIG has reiterated a 'Buy' rating on Nomad Foods, indicating confidence in the stock despite lowering sales and earnings estimates due to market-specific dynamics affecting profitability [2]. - The company reported earnings per share of $0.40 for the second quarter, surpassing consensus estimates of $0.38 [3]. Group 2: Market Position - Nomad Foods is recognized as Europe's largest frozen food company, with a diverse portfolio that includes well-known brands such as Birds Eye, Findus, and igloo, offering a variety of frozen food products [4]. Group 3: Future Outlook - The research firm believes that Nomad Foods remains undervalued at current levels, with potential for realistic medium-term cash flow and margin improvements [3]. - The company is evaluating the impact of a reset in advertising and promotion investments expected next year, which may influence future performance [2].
Nomad Foods Hits 52-Week Low: Time to Buy?
Yahoo Finance· 2025-09-10 15:03
Company Overview - Nomad Foods, a UK frozen foods producer, has seen its stock hit an 18th 52-week low, last trading at this level in October 2023 [1] - The company owns well-known frozen food brands including Birds Eye, Findus, and Iglo [1] Stock Performance - Since going public in 2014, Nomad Foods' shares have fluctuated between $10 and $31.85, with an all-time high reached on May 31, 2021 [2] - Over the past year, the company's stock has declined by 25% [2] - Despite the decline, the stock may attract bargain-seeking investors due to its potential value [2] SPAC Background - Nomad Foods went public in April 2014 as a SPAC, raising $500 million in its initial public offering [3] - The SPAC made a significant acquisition in June 2015, purchasing Iglo Food Holdings Limited for €2.6 billion ($3.04 billion), which included the Birds Eye and Iglo brands [3] - In November 2015, Nomad acquired the Findus Group for £500 million ($677 million), financed through cash and stock issuance [4] Historical Stock Performance - The initial SPAC shares were issued at $10 in April 2014 and were later delisted from London, switching to New York [5] - The share price closed at $12.30 on its opening day in New York, reflecting a 15% increase over the decade since its IPO [5] - The company has provided attractive dividends to early investors, which has mitigated the overall poor annual return [5]
Nomad Foods Limited (NOMD) Presents At Barclays 18th Annual Global Consumer Staples Conference 2025 Transcript
Seeking Alpha· 2025-09-04 00:48
Company Overview - Nomad Foods is a leader in the frozen food category in Europe, with well-known brands such as Birds Eye, iglo, and Findus, as well as regional brands like Ledo and Frikom in Serbia and Croatia, and Goodfella's pizza in the U.K. [2] Financial Performance - The company has achieved consistent growth over the past 9 years, increasing sales, EBITDA, and EPS annually, although it did not achieve this for the 10th consecutive year, which is a point of frustration for the management [3]