Nomad Food: Provides Short Q2-2020 Business Update

Feltham / UK. (nom) Nomad Foods Limited (Goodfella’s Pizza, Iglo, Findus and other brands) provided a business update ahead of investor meetings taking place at the dbAccess Virtual Global Consumer Conference on June 10, 2020. Second quarter 2020 performance is tracking ahead of management’s prior expectations with organic revenue growth now expected to increase in the low-double digit percent range. Organic revenue growth increased 14 percent through the first two months of the second quarter and is expected to remain above historical levels during the month of June. In short: Organic revenue growth up 14 percent. Translational FX calculation minus 1 percent. So total reported revenue growth for the period was 13 percent.