Nomad Foods NOMD

Nomad Foods Limited is Europe's leading savory frozen foods company, manufacturing, marketing and distributing a broad portfolio of frozen food products under brands such as Birds Eye, Goodfellas, Aunt Bessie's, Findus, iglo, Ledo, Frikom, La Cocinera and Belviva. The product range includes fish, vegetables, chicken, meals, pizza and ice cream, positioning the company within the savory frozen food segment of the European grocery market. The company's brands have long histories, with Birds Eye dating back to 1922, Findus to 1941, iglo to 1956, Ledo to 1958 and Frikom to 1975, and are marketed across more than twenty European countries.

Nomad Foods Limited generates revenue primarily through the sale of its frozen food products to large grocery retailers and, to a lesser extent, to the food service channel. The company's core product groups are fish, vegetables, meals, poultry and ice cream, with fish being the largest contributor to sales. Core products, which include fish, vegetables, meals and chicken, represent 73% of branded retail sales for the year ended December 31, 2025. Branded sales are made under the Birds Eye, Findus, iglo, Ledo and Frikom names across the United Kingdom, Ireland, Germany, France, Italy, Spain, Scandinavia, the Benelux region and Southeastern Europe, while the food service business supplies schools, hospitals, work canteens and restaurants mainly in the Nordics, Croatia and Spain. Nomad Foods Limited operates seventeen manufacturing facilities that produce approximately 549 kilo tonnes of frozen product per year, accounting for about 78% of its total sales volume.

Nomad Foods Limited holds the top position in the European savory frozen food market, with a 15% share of retail sales in the countries where it operates and the number one ranking in fifteen individual markets including the United Kingdom, Italy, Germany, France, Sweden, Austria, Norway, Switzerland, Belgium, the Netherlands, Portugal, Spain, Ireland, Croatia and Serbia. The European savory frozen food market generated an estimated €26 billion in retail sales value in 2025 and has experienced modest growth over the past seven years, with a spike during the COVID‑19 pandemic. The company competes against both national and international producers offering branded and private label frozen foods, but maintains advantages through its scale, broad brand portfolio, long‑standing retailer relationships, diversified sourcing network and a focus on innovation and sustainability.

Nomad Foods Limited sells principally to major grocery chains such as Tesco, Asda and Sainsbury’s in the United Kingdom; Coop, Conad and Esselunga in Italy; Rewe and Edeka in Germany; ICA, Axfood and Coop in Sweden; and Carrefour, Auchan and E. Leclerc in France. The food service channel accounts for approximately eight percent of sales, supplying schools, hospitals, work canteens and restaurants primarily in the Nordics, Croatia and Spain. The top ten customers by revenue represented roughly 30% of total sales in 2025, and the majority of the company's business is conducted with established retail chains.