Nomad Foods Limited (NOMD) reported a decline in profit for the third quarter compared to the previous year. The company recorded a net income of €70.3 million, or €0.44 per share, in contrast to €77.6 million, or €0.46 per share, in the same quarter of the previous year. After adjusting for certain items, the firm posted adjusted earnings of €89.3 million, equivalent to €0.55 per share for the period.
Revenue for the quarter saw a slight increase of 0.8%, reaching €769.6 million, up from €763.5 million the prior year.
Overview of Nomad Foods Limited's earnings (under GAAP):
- Earnings (Q3): €70.3 million compared to €77.6 million last year.
- Earnings Per Share (EPS) (Q3): €0.44 compared to €0.46 last year.
- Revenue (Q3): €769.6 million compared to €763.5 million last year.
