Earnings Call Summary | Nomad Foods(NOMD.US) Q1 2024 Earnings Conference
Earnings Call Summary | Nomad Foods(NOMD.US) Q1 2024 Earnings Conference
The following is a summary of the Nomad Foods Limited (NOMD) Q1 2024 Earnings Call Transcript:
以下是Nomad Foods Limited（NOMD）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Nomad Foods reported Q1 net sales rise of 1.1%, with an organic sales increase of 0.3%.
Gross margin of 26.9% dropped slightly due to inventory revaluation, however, an increase is expected by year's end.
Adjusted EBITDA was €122 million and adjusted EPS was €0.37 per share, signaling a decline from the previous year.
The company generated nearly €49 million of adjusted free cash flow, a significant rise from €25 million from the previous year.
There was a reported net revenue increase of 1.1% to €784 million for the first quarter.
Nomad Foods報告稱，第一季度淨銷售額增長了1.1％，有機銷售額增長了0.3％。
由於庫存重估，毛利率略有下降26.9％，但是，預計到年底將有所增長。
調整後的息稅折舊攤銷前利潤爲1.22億歐元，調整後的每股收益爲0.37歐元，較上年有所下降。
該公司產生了近4900萬歐元的調整後自由現金流，較上年的2500萬歐元大幅增加。
據報道，第一季度淨收入增長了1.1％，達到7.84億歐元。
Business Progress:
業務進展：
Nomad Foods experienced positive volume trends, validating their investments in brand health and growth potential.
The company's productivity agenda expects to deliver higher margins and profit growth throughout the year.
Following an increase in Advertising & Promotion (A & P) spending, a further increase is expected in Q2.
Benefiting from data analytics, the company understands promotion spends and effectively targets investments.
Investment in specific must-win battles shows sales growth and higher gross margins outpacing overall business.
Confidence in the growth flywheel has been backed by successes in key markets like Italy and the UK.
Focus on supply chain efficiency and record-high service levels.
They successfully hit their first quarter free cash flow conversion goal of 90%-95%.
A 3%-4% sales growth and a 4%-6% adjusted EBITDA growth are expected for 2024.
Nomad Foods經歷了積極的銷量趨勢，證實了他們對品牌健康和增長潛力的投資。
該公司的生產力議程預計全年將帶來更高的利潤率和利潤增長。
在廣告與促銷（A＆P）支出增加之後，預計第二季度將進一步增加。
受益於數據分析，該公司了解促銷支出並有效地確定投資目標。
對特定必勝戰役的投資表明，銷售增長和更高的毛利率超過了整體業務。
意大利和英國等主要市場的成功支持了人們對增長飛輪的信心。
專注於供應鏈效率和創紀錄的高服務水平。
他們成功實現了第一季度90％-95％的自由現金流轉換目標。
預計2024年的銷售額將增長3％-4％，調整後的息稅折舊攤銷前利潤將增長4％-6％。
More details: Nomad Foods IR
更多詳情： Nomad Foods IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。