Nomad Foods Reports Second Quarter 2016 Financial Results

Nomad Foods Limited ("Nomad Foods" or the "Company") (NYSE: NOMD), today issues the following trading update for the three and six month periods ended June 30, 2016.

Reported Results

Nomad Foods is presenting as reported consolidated operating results and financial information for the three and six months ended June 30, 2016.

Highlights for the three months ended June 30, 2016

• Revenue for the three months ended June 30, 2016 was €455.9 million, resulting in a €7.3 million loss after tax, which includes exceptional items of €55.1 million.

• For the three months ended June 30, 2015, revenue was €102.8 million, resulting in a loss after tax of €396.6 million, primarily resulting from exceptional non-cash charges related to the Founder Preferred Shares Annual Dividend Amount of €349.0 million.

• For the three months ended June 30, 2016, loss per share was €0.04 compared to a loss per share of €4.41 in the three months ended June 30, 2015.

Highlights for the six months ended June 30, 2016

• Revenue for the six months ended June 30, 2016 was €1,003.0 million, resulting in a €34.9 million profit after tax, which includes exceptional items of €78.2 million.

• For the six months ended June 30, 2015, revenue was €102.8 million, resulting in a loss after tax of €541.0 million, primarily resulting from exceptional non-cash charges related to the Founder Preferred Shares Annual Dividend Amount of €492.6 million.

• For the six months ended June 30, 2016, earnings per share was €0.19 compared to a loss per share of €7.73 in the six months ended June 30, 2015.