Nomad Foods (NOMD) Divestments (2018 - 2020)
Nomad Foods (NOMD) posted quarterly Divestments of -$9.6 million for Q2 2020, up 58.8% year-over-year from -$6.0 million in Q3 2019, and down 189.35% quarter-over-quarter from -$3.3 million in Q1 2020.
Nomad Foods (NOMD) Divestments (2018 - 2020) Analysis & Trends
Nomad Foods (NOMD) has reported Divestments for 3 consecutive years, with -$9.6 million the latest figure, recorded in Q2 2020.
- In Q2 2020, Divestments rose 58.8% year-over-year to -$9.6 million; the TTM figure through Mar 2021 stood at -$12.9 million (up 54.02% YoY), while the FY2015 annual figure was $4.7 million, changed N/A from the prior year.
- Divestments eased to -$9.6 million in Q2 2020 per NOMD's latest filing, from -$3.3 million in the prior quarter.
- Across five years, Divestments topped out at -$111273.0 in Q3 2019 and bottomed at -$282.8 million in Q2 2018.
- Historically, Divestments has averaged -$83.7 million across 3 years, with a median of -$9.6 million in 2020.
- Annual changes were most pronounced in 2019 — Divestments soared 99.96% — and 2020, when it sank 142.81%.
- Nomad Foods' Divestments stood at -$265.3 million in 2018, then jumped by 99.96% to -$111273.0 in 2019, then sank by 8511.89% to -$9.6 million in 2020.
- Business Quant data shows NOMD's Divestments at -$9.6 million in Q2 2020, -$3.3 million in Q1 2020, and -$111273.0 in Q3 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | - |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | - |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 21.18 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | - |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | - |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | - |
| 10 | Nomad Foods | 1.65 Bn | 1.33 Bn | 243.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | -9.58 Mn |
| Mar 31, 2020 | -3.31 Mn |
| Sep 30, 2019 | -111,273.00 |
| Jun 30, 2019 | -23.26 Mn |
| Mar 31, 2019 | -1.36 Mn |
| Sep 30, 2018 | -265.31 Mn |
| Jun 30, 2018 | -282.85 Mn |