Nomad Foods Limited (NOMD) Reports Acquisition of Findus Switzerland from Froneri International Ltd. for Approx. EUR110M
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Nomad Foods Limited (NOMD) Reports Q3 EPS of EUR0.30 on Revenues of EUR576M
November 5, 2020 7:58 AM ESTNomad Foods Limited (NYSE: NOMD) reported Q3 EPS of EUR0.30, versus EUR0.25 reported last year. Revenue for the quarter came in at EUR576 million, versus EUR540.3 million reported last year.
Key operating highlights and financial performance for the third quarter of 2020, when compared to the third quarter 2019, include:
Reported revenue increased 6.7% to 576 millionOrganic revenue growth of 5.4%Reported Profit for the period of 56 millionAdjusted EBITDA increased 13% to 109 millionAdjusted EPS increased 20% to 0.30Stéfan Descheemaeker, Nomad Foods Chief Executive Officer, stated, Consumer demand remained elevated during the... More
