Nomad Foods Reports Second Quarter 2020 Financial Results

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Nomad Foods Limited (NOMD) Reports Q2 EPS of EUR0.34 on Revenues of EUR599M; Provides FY20 EPS Guidance

August 6, 2020 7:25 AM EDT

Nomad Foods Limited (NYSE: NOMD) reported Q2 EPS of EUR0.34. Revenue for the quarter came in at EUR599 million, versus EUR0 reported last year.

Reported revenue increased 11.4% to 599 millionOrganic revenue growth of 12.3%Reported Profit for the period of 63 millionAdjusted EBITDA increased 21% to 119 millionAdjusted EPS increased 26% to 0.34

Management Comments

Stéfan Descheemaeker, Nomad Foods Chief Executive Officer, stated, We experienced continued robust demand throughout the second quarter, even as restrictions... More