Nomad Foods Limited. (NYSE:NOMD) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET

Company Participants

Anthony Bucalo - Head of Investor Relations

Stefan Descheemaeker - Chief Executive Officer

Samy Zekhout - Chief Financial Officer

Conference Call Participants

Andrew Lazar - Barclays

Jason English - Goldman Sachs

Cody Ross - UBS

John Baumgartner - Mizuho

Peter Saleh - BTIG

Robert Moskow - Crédit Suisse

Jon Tanwanteng - CJS Securities

Operator

Ladies and gentlemen, good morning and welcome to the Nomad Foods Q3 Earnings Call. [Operator Instructions] Please note that this event is being recorded.

I would now like to turn the conference over to Anthony Bucalo. Please go ahead.

Anthony Bucalo

Hello and welcome to the Nomad Foods Third Quarter 2022 Earnings Call. I am Anthony Bucalo, Head of Investor Relations and I am joined on the call by Stefan Descheemaeker, our CEO; and Samy Zekhout, our CFO.

Before we begin, I would like to draw your attention to the disclaimer on Slide 2 of our presentation. This conference call may include forward-looking statements that are based on our view of the company's prospects, expectations and attentions at this time. Actual results may differ due to risks and uncertainties which are discussed in our press release, our filings with the SEC and this slide in our investor presentation which includes cautionary language. We will also discuss non-IFRS financial measures during the call today. These non-IFRS financial measures should not be considered a replacement for and should be read together with our IFRS results. You just can find the IFRS to non-IFRS reconciliations within our earnings release and in the appendices at the end of the slide presentation available on our website.

Please note that certain financial information within this presentation represent adjusted figures for 2021 and 2022. All adjusted figures have been adjusted for exceptional items, acquisition related, share based payment and related expenses as well as non-cash FX gains or losses. Unless otherwise noted, all comments from here on will refer to those adjusted numbers.

With that, I will hand you over to Stefan.

Stefan Descheemaeker

Good afternoon everyone and thank you for joining us on the call today. We are pleased to review our results for the quarter. Nomad had a very strong performance in the first quarter. We were boosted by solid commercial and supply chain execution as well as price increases across the business. I’m especially pleased with the performance of the great people across Nomad, for their leadership, focus, hard work and creativity.