Nomad Foods Reports First Quarter 2016 Financial Results

Nomad Foods Limited ("Nomad" or the "Company") (NYSE: NOMD), today issues the following trading update for the three month period ended March 31, 2016.

Reported Results

Nomad Foods is presenting as reported consolidated operating results and financial information for the three months ended March 31, 2016. Nomad Foods did not have any operations in the comparative period for the three months ended March 31, 2015.

Highlights for the three months ended March 31, 2016

Revenue for the three months ended March 31, 2016 was €547.1 million, resulting in a €42.2 million profit after tax, which includes exceptional items of €23.1 million.

For the three months ended March 31, 2015, revenue was €nil, resulting in a loss after tax of €144.4 million.

For the three months ended March 31, 2016, earnings per share were €0.23 compared to a loss per share of €2.89 in the three months to March 31, 2015.