Nomad Foods Limited (NOMD)

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Nomad Foods pledges costs cuts before further deals...
$NOMD

“The plan is let’s restore this top line, let’s do the integration and then let’s check if there’s something available,” Stéfan Descheemaeker, chief executive, said in an interview on the sidelines of the annual Consumer Analyst Group of New York (CAGNY) conference.
He added that, through loans, Nomad already had access to enough funds “so we can do another Findus” — potentially this year — without needing to tap the market, which he admitted would not be feasible at the company’s current share price.

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