Professional
[FUND LETTER] Renaissance Investment Management – International Small Cap Equity Strategy
Added to YB: 2025-12-13
Pitch date: 2025-10-17
NOMD [neutral]
Nomad Foods Limited
+2.25%
current return
Author Info
No bio for this author
Company Info
Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally.
Market Cap
$1.6B
Pitch Price
$12.08
Price Target
N/A
Dividend
5.51%
EV/EBITDA
6.82
P/E
8.22
EV/Sales
1.14
Sector
Food Products
Category
N/A
Renaissance Investment Management – International Small Cap Equity Strategy Portfolio Holding: Nomad Foods Limited
NOMD (holding update): Largest detractor with weaker Q2 revenue due to record warm weather impacting frozen food sales. Rising input costs from weather won't be recovered until price adjustments implemented in 2026, creating near-term margin pressure.
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