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Nomad Foods Ltd (NOMD)
NYSE:NOMD
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.39Last Year’s EPS
0.4Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: 7.83%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Nomad Foods' strong finish to 2024, with significant growth in organic sales, market share, and innovation investments. Despite challenges with price/mix and ERP disruptions, the company's strategic focus on growth platforms and efficiency improvements provide a positive outlook for 2025.Company Guidance
During the Nomad Foods Fourth Quarter 2024 Earnings Conference Call, CEO Stefan Descheemaeker highlighted the company's robust performance and strategic plans for 2025. Nomad Foods reported impressive volume-driven organic sales growth and margin expansion, marking its ninth consecutive year of sales and adjusted EBITDA growth. The company achieved a 4.3% increase in net revenues to EUR793 million for the fourth quarter, with organic growth at 3.1%. Gross margin rose to 29.6% for the year, nearing pre-COVID levels, supported by efficiency gains and favorable mix. For 2025, Nomad Foods anticipates 1% to 3% organic sales growth and 2% to 4% adjusted EBITDA growth, with adjusted EPS guidance raised to EUR1.85 to EUR1.89. The company plans to continue investing in advertising and product innovation, with A&P spend projected to outpace sales growth. Additionally, Nomad Foods expects to achieve a free cash flow conversion of at least 90%, continuing its focus on shareholder value through dividends and potential share repurchases.Strong Finish to 2024
Nomad Foods reported impressive volume-driven organic sales growth and robust margin expansion, marking its ninth consecutive year of sales and adjusted EBITDA growth.
Market Share and Volume Growth
Achieved market share growth in the last two quarters of 2024, with three consecutive quarters of volume growth and a positive trend line.
Innovation and Renovation Investment
Innovation increased from 4.2% in 2023 to 4.8% in 2024, expected to exceed 5% in 2025. Renewal rate of sales from new or refreshed products to double in 2025.
Growth Platforms Success
Organic sales for growth platforms grew by 16% in 2024 and 40% in Q4, with significant growth in poultry and potatoes segments.
Financial Performance
Adjusted EPS rose 31% to EUR0.42 in Q4, with a full-year EPS near the high end of guidance. Free cash flow conversion of 101% exceeded expectations.
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NOMD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NOMD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 03, 2025 | $18.90 | $19.84 | +4.97% |
| Nov 14, 2024 | $16.10 | $16.61 | +3.17% |
| Aug 07, 2024 | $18.02 | $18.13 | +0.61% |
| May 09, 2024 | $17.39 | $18.43 | +5.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nomad Foods Ltd (NOMD) report earnings?
Nomad Foods Ltd (NOMD) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Nomad Foods Ltd (NOMD) earnings time?
Nomad Foods Ltd (NOMD) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NOMD EPS forecast?
NOMD EPS forecast for the fiscal quarter 2025 (Q1) is 0.39.
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