☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 o Shell Company Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-37669 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) o Registration Statement Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the Fiscal Ye ...

Financial Data and Key Metrics Changes - Company reported sales grew by 1% and 1.6% on an organic basis, exceeding original expectations [10][28] - Adjusted EBITDA was €140 million with an adjusted EBITDA margin of 18.3% [36] - Adjusted EPS came in at €0.43 per share, translating to USD 0.45 per share at current spot rates [28][36] - For the first nine months, organic sales grew by 6%, maintaining guidance for mid-single-digit growth for the full year [11][38] - Gross margin was reported at 28.4%, supported by pricing initiatives and cost control [10][63] Business Line Data and Key Metrics Changes - The company has seen a strong performance in its fish products, which account for nearly 40% of sales, with new advertising initiatives launched [31][60] - Ice cream sales in the Adriatic region reached record levels, driven by good weather and effective marketing [15] - The company has increased its advertising and promotion (A&P) spending to 5% of sales from 3.5% last year to drive growth [8][9] Market Data and Key Metrics Changes - The frozen food category is showing signs of recovery, with volume growth in 12 out of 16 markets tracked [60] - In the U.K., the company launched a back-to-school campaign that reached over 90% of households [32] - The company noted that private label price gaps have stabilized, allowing for competitive positioning [44] Company Strategy and Development Direction - The primary strategic objective is to return to volume growth, with expectations for improvement in Q4 and into 2024 [25][27] - The company is focusing on enhancing in-store execution and promotional activities to drive demand [26][59] - A new $500 million share repurchase program has been approved, alongside plans for a regular quarterly dividend starting in early 2024 [13][58] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in Q3 due to retail disputes but expressed optimism for recovery in Q4 and beyond [41][45] - The company is closely monitoring the impact of weight loss drugs on food industry volumes but believes it is well-positioned due to its product portfolio [6][7] - Management expects to see a balanced mix of price and volume as A&P investments take hold in the market [66] Other Important Information - The company generated €125 million of adjusted free cash flow in the first nine months, with a conversion ratio of 56% [37] - Working capital decreased by €151 million, contributing to improved cash flow performance [37][64] - The company is maintaining its adjusted free cash flow guidance of approximately €250 million for the year [66] Q&A Session Summary Question: What is the impact of retail disputes on Q3 revenues? - Management indicated that around 2% of revenues were "lost" due to negotiations, but they expect positive impacts in Q4 and Q1 [42][41] Question: How is the company addressing private label competition? - Management noted that private label price gaps have stabilized, allowing the company to operate competitively while focusing on promotions [44] Question: What is the expected timeline for volume recovery? - Management expressed confidence in regaining market share and volume growth by Q1 of the following year [45][91] Question: How does the company view the frozen food category's performance? - Management highlighted that the frozen food category is showing recovery, with volume growth in most key markets [60][52] Question: What are the expectations for gross margin in Q4? - Management projected that gross margins would remain stable, supported by pricing and cost discipline [18][54]

Nomad Foods Disclaimer Certain statements and matters discussed in this Presentation may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "aim", "anticipate", "believe", "continue", "estimate", "expect", "intend", "may", "should", "strategy", "will" and words of similar meaning, including all matters that are not historical facts. This Presentation includes forward-looking statements about the Company's: (i) ...

Anthony Bucalo - Head of Investor Relations Stefan Descheemaeker - Chief Executive Officer Samy Zekhout - Chief Financial Officer Jason English - Goldman Sachs John Baumgartner - Mizuho Securities Peter Saleh - BTIG Simon Negin - UBS Steve Powers - Deutsche Bank Rob Dickerson - Jefferies Jon Tanwanteng - CJS Securities Company Participants Good morning and welcome to the Nomad Foods' First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After toda ...

Financial Data and Key Metrics Changes - In 2022, the company achieved record sales, adjusted EBITDA, and adjusted EPS for the sixth consecutive year, with adjusted EPS of $1.68, reflecting a 60% increase since 2016 [3][15] - Full-year adjusted EBITDA grew 8% to $524 million, with an adjusted EBITDA margin of 17.8%, down 90 basis points from the previous year [17][35] - Fourth quarter adjusted EPS was flat at $0.33, translating to $0.35 at current US dollar spot rates [17][35] Business Line Data and Key Metrics Changes - The company reported a 7.7% organic revenue growth in Q4, with total revenues increasing by 6.6% to $750 million [35] - Full-year organic revenues grew 1.8%, driven by price increases that offset volume declines [35] - Adjusted gross profit for Q4 grew 3% to $193 million, while adjusted COGS increased by 7.7% to $558 million due to raw material inflation [17][35] Market Data and Key Metrics Changes - The company experienced mid-single-digit declines in full-year volume and mix, but value share increased by about 0.5 points for the year [15][35] - The company expects market share to improve sequentially in 2023 due to innovation efforts and increased advertising and promotion investments [35] Company Strategy and Development Direction - The company plans to strengthen its brand through increased investment in advertising and promotion, particularly as market conditions normalize [4][33] - The strategy includes broadening affordable choices to address inflationary pressures on consumers while managing supply chain efficiency [4][33] - The company aims to maximize portfolio value through prudent pricing and improved revenue growth management strategies [33] Management's Comments on Operating Environment and Future Outlook - Management indicated that 2023 is expected to be a transitional year towards a more normalized consumer environment, with plans in place to meet financial objectives and maintain growth [4][5] - The company anticipates lower inflation levels in 2023 compared to 2022, but still plans to take pricing actions to protect its cost structure [21][39] - Management expressed confidence in achieving 2025 targets, emphasizing operational strength and investment plans funded by cost savings [53] Other Important Information - The company successfully refinanced its debt portfolio, extending maturities to mid-2028 and 2029, which provides greater flexibility for cash allocation strategies [5][36] - Adjusted free cash flow for the year was $189 million, with a cash flow conversion of 65%, impacted by working capital increases [17][36] Q&A Session Summary Question: What drove the decline in gross margins year-over-year? - Management noted that while pricing was in line with expectations, the margins were impacted by higher raw material costs, which they are addressing through pricing strategies [8][19] Question: What is the cost inflation estimate for 2023? - Management indicated that inflation is expected to be lower than in 2022, but pricing actions will still be necessary to protect the cost structure [21][39] Question: What are the expectations for Fortenova in 2023? - Management confirmed that Fortenova's revenue growth should be accretive to overall company guidance, with ongoing integration efforts expected to accelerate [22] Question: How is the brand investment strategy evolving? - Management emphasized a balanced approach, focusing on both advertising investments and competitive pricing to maintain market share against private labels [45][47] Question: How does the company view its volume compared to pre-COVID levels? - Management reported a slight decline in volume compared to pre-COVID but noted an increase in consumer reach, indicating a stronger consumer base [51] Question: How confident is the company in achieving its 2025 targets? - Management expressed confidence in meeting 2025 targets, highlighting operational strength and a commitment to delivering superior shareholder returns [53]

Nomad Foods Reports Fourth Quarter and Full Year 2022 Financial Results Full year Adjusted EPS of €1.68 Completes 6th consecutive year of record annual reported revenue, Adjusted EBITDA and Adjusted EPS 2023 Adjusted EPS guidance range of €1.50 to €1.55 FELTHAM, England - February 23, 2023 - Nomad Foods Limited (NYSE: NOMD) (the "Company" or "Nomad Foods"), today reported financial results for the three and twelve-month periods ended December 31, 2022. Key operating highlights and financial performance for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) Commission file number 001-37669 Nomad Foods Limited (Exact Name of Registrant as Specified in Its Charter) British Virgin Islands (Jurisdiction of Incorporation or Organization) No. 1 New Square Bedfont Lakes Business Park Feltham, Middlesex TW14 8HA, United Kingdom (Address of Principal Executive Offices) Samy Zekhout No. 1 New Square Bedfont Lakes Business Park Feltham, Middlesex TW14 8HA Telephone:+(44) 208 918 ...

Nomad Foods Limited. (NYSE:NOMD) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Anthony Bucalo - Head of Investor Relations Stefan Descheemaeker - Chief Executive Officer Samy Zekhout - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Jason English - Goldman Sachs Cody Ross - UBS John Baumgartner - Mizuho Peter Saleh - BTIG Robert Moskow - Cr??dit Suisse Jon Tanwanteng - CJS Securities Operator Ladies and gentlemen, good morning and welcome to t ...

Nomad Foods | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|--------------------------------------| | | | | | | | | | | | | | | | | | | | | THIRD QUARTER 2022 Earnings Results | | | | | | | November 9, 2022 | | | | | | | | Disclaimer This Presentation has been prepared and issued by Nomad Foods Limited (the "Company"). This Presentation has been provided solely for information and background. The information in this Presentation is provided as at the date of the Presentation ( ...

Nomad Foods Limited (NYSE:NOMD) Q2 2022 Earnings Conference Call August 10, 2022 8:30 AM ET Company Participants Anthony Bucalo - Head of Investor Relations Stefan Descheemaeker - Chief Executive Officer Samy Zekhout - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Jason English - Goldman Sachs Rob Moskow - Credit Suisse Steve Powers - Deutsche Bank John Baumgartner - Mizuho Cody Ross - UBS JM Shekian - Citi Operator Good day and welcome to the Nomad Foods Second Quarter 2022 E ...