Frozen Food Company Nomad Overcomes ERP Hiccups With Solid Q3 Profit Growth, Cools 2024 Expectations
Frozen Food Company Nomad Overcomes ERP Hiccups With Solid Q3 Profit Growth, Cools 2024 Expectations
Adjusted EBITDA increased 19.0% to 166 million euros. Gross profitNomad Foods Limited (NYSE:NOMD) shares are trading higher on Thursday.
Nomad Foods Limited（紐交所：NOMD）的股票在週四上漲。
The company reported third-quarter sales growth of 0.8% year-on-year to 769.6 million euros. Revenue of $845.87 million missed the consensus of $862.89 million.
該公司報告第三季度銷售同比增長0.8%，達到76960萬歐元。營業收入84587萬超過共識的86289萬。
The company registered organic revenue growth of 0.3% with volume growth of 0.7%, despite an approximate 2.5% temporary headwind related to greater-than-expected ERP disruptions.
儘管由於超出預期的ERP干擾，公司經歷了約2.5%的暫時逆風，但有機營業收入仍增長了0.3%，成交量增長了0.7%。
Adjusted EBITDA increased 19.0% to 166 million euros. Gross profit increased 14.5% to 248 million euros. Gross margin increased 390 basis points to 32.3% due to supply chain productivity, positive product mix performance as it invested in its core most profitable Must Win Battles, and lower than planned promotional investment as it curtailed in-market support to manage inventory during ERP transition.
調整後的息稅折舊攤銷前利潤（EBITDA）增加了19.0%，達到16600萬歐元。毛利潤增長了14.5%，達到24800萬歐元。毛利率因供應鏈生產力、積極的產品組合表現和降低的促銷投資而增加了390個點子，毛利率達到32.3%。公司在覈心最有利可圖的需求戰役中進行了投資，並減少了市場支持，以在ERP過渡期間管理庫存。
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另請閱讀：迪士尼第四季度盈利：營業收入和利潤超過預期，最佳電影製作公司表現，三年展望等。
"The European Frozen category remains healthy, and our market share returned to volume and value growth this quarter as innovation, marketing and merchandising investments yield positive results," said Stéfan Descheemaeker, Nomad Foods' Chief Executive Officer.
Nomad Foods首席執行官Stéfan Descheemaeker表示：「歐洲冷凍食品類別依然健康，這個季度我們的市場份額恢復了成交量和價值增長，因爲創新、市場營銷和商品投資產生了積極的效果。」
Noam Gottesman, Nomad Foods' Co-Chairman and Founder, commented, "The new commercial flywheel and innovation framework that we adopted last year is bearing fruit and validated by our return to market share growth, notwithstanding the curtailed support levels due to ERP implementation in the period".
Nomad Foods的聯席主席兼創始人Noam Gottesman評論道：「我們去年採用的新商業飛輪和創新框架開始見效，市場份額的增長證明了這一點，儘管由於ERP實施，支持水平有所降低。」
The company reported adjusted EPS of 0.55 euros, with $0.60 in U.S. dollars beating the street view of $0.58.
公司報告調整後的每股收益爲0.55歐元，摺合美元爲0.60美元，超出了市場預期的0.58美元。
Outlook: Nomad Foods lowers its FY24 organic revenue growth forecast from 3-4% to 1-2%, citing ERP-related challenges in the third quarter and more conservative growth expectations for the rest of the year.
展望：nomad foods將其2024財年的有機營業收入增長預期從3-4%下調至1-2%，原因是第三季度面臨ERP相關挑戰，以及對今年餘下時間的增長預期更加保守。
The company continues to expect full-year cash flow conversion in the range of 90% to 95% but lowered its adjusted earnings outlook for the full-year.
公司繼續預計全年現金流轉換將保持在90%到95%的區間，但下調了全年調整後盈利預期。
Price Action: NOMD shares are trading higher by 7.14% to $17.41 at last check Thursday.
價格動態：在上週四的最後一次檢查中，NOMD的股份上漲了7.14%，至17.41美元。
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譯文內容由第三人軟體翻譯。
