Mission Statement, Vision, & Core Values of Nomad Foods Limited (NOMD)

Have you ever wondered what drives a company like Nomad Foods, especially after they reported a revenue increase of 1.8% reaching €3.1 billion in 2024? What are the guiding principles that shape their decisions and strategies in the competitive European frozen food market? Understanding a company's mission, vision, and core values provides insight into its very essence.

Delving into Nomad Foods' mission, vision, and core values will reveal how they aim to 'bring delicious and nutritious food to every table' and their commitment to sustainability and consumer satisfaction. How do these elements align with their goal of developing a global portfolio of best-in-class food brands? Keep reading to find out!

Nomad Foods Limited (NOMD) An Overview of

Nomad Foods Limited (NOMD) is a leading frozen food company that was founded in 2014. It has grown to become a dominant player in the European frozen food market. Nomad Foods' portfolio includes well-known brands like Birds Eye, Findus, and Iglo. These brands offer a wide range of frozen food products, including fish, vegetables, poultry, and ready meals. As of April 2025, Nomad Foods continues to focus on delivering high-quality, nutritious, and convenient meal options to consumers across Europe.

In the fiscal year 2024, Nomad Foods reported strong financial performance. The company achieved a record revenue of €2.9 billion. A significant portion of this revenue came from the sales of its main product categories, particularly frozen fish and vegetables, which saw substantial growth in key markets such as the United Kingdom, Germany, and Italy. This growth reflects the increasing consumer demand for convenient and healthy frozen food options.

Nomad Foods has established itself as a leader in the frozen food industry through a combination of strategic acquisitions, innovative product development, and effective marketing strategies. The company's commitment to sustainability and responsible sourcing has also contributed to its strong brand reputation. To further understand the financial drivers behind Nomad Foods' success, read more here: Breaking Down Nomad Foods Limited (NOMD) Financial Health: Key Insights for Investors.

Nomad Foods Limited (NOMD) Mission Statement

Nomad Foods Limited (NOMD) is a leading frozen food company in Europe committed to providing high-quality, convenient, and nutritious meal solutions. The company's mission is centered around 'Serving the World with Better Food', emphasizing sustainability, consumer satisfaction, and ethical practices.

Core Components of Nomad Foods' Mission Statement

Nomad Foods' mission statement encompasses several core components that guide its operations and long-term goals:

• Providing High-Quality Frozen Food Products: Nomad Foods focuses on delivering great-tasting, high-quality, and convenient food products to consumers across European markets. The company’s portfolio includes iconic brands such as Birds Eye, Findus, and iglo, which have been trusted by families for generations. These brands stand for food that is convenient, high quality, and nutritious.
• Delivering Sustainable and Nutritious Food Solutions: A key aspect of Nomad Foods' mission is its commitment to sustainability. The company aims to provide nutritious food options while minimizing its environmental impact. This includes efforts to reduce food waste, promote responsible sourcing, and improve the sustainability of its packaging. For instance, Nomad Foods utilizes recycled plastic bottles for acoustic panels and repurposed marine materials for carpets in their offices, reflecting their dedication to ocean conservation.
• Maintaining Ethical and Socially Responsible Practices: Nomad Foods is dedicated to operating with honesty, integrity, and openness. This commitment extends to all stakeholders, including consumers, employees, business partners, and investors. The company upholds international Corporate Social Responsibility standards and strives to protect human rights throughout its supply chain. Nomad Foods ensures that all employees work in an environment that promotes mutual trust and respect, with zero tolerance for harassment or discrimination.

Nomad Foods' dedication to these core components is evident in its various initiatives and commitments. For example, the company's 'Eating for the Planet' sustainability strategy includes time-bound commitments on sourcing, nutrition, and operations, aligning with the UN Sustainable Development Goals. Nomad Foods also actively works to grow healthier meal choices in its portfolio and empower consumers to make better choices through improved information and promotion of plant-based diets.

Moreover, Nomad Foods recognizes the importance of innovation and collaboration in achieving its mission. The Nomad Foods Open Innovation Portal serves as a hub for tackling challenges in the food industry, fostering partnerships with academics and startups to drive advancements in sustainable packaging and promote a planetary diet. This collaborative approach underscores Nomad Foods' commitment to shaping a resilient and sustainable future for food.

Nomad Foods' commitment to ethical trading, sourcing, and procurement ensures the protection of human rights within its supply chain. The company actively works with suppliers to respect and protect human rights, acknowledging the vulnerability of the food production sector to modern slavery. This proactive approach demonstrates Nomad Foods' dedication to upholding high ethical standards in all aspects of its business.

For more insights into Nomad Foods, explore: Nomad Foods Limited (NOMD): History, Ownership, Mission, How It Works & Makes Money

Nomad Foods Limited (NOMD) Vision Statement

A vision statement serves as a roadmap, outlining a company's aspirations and the future it aims to create. For investors and stakeholders, understanding this vision provides insight into the long-term strategic direction of the company. The vision of Nomad Foods Limited (NOMD) reflects their ambition and guides their strategic initiatives.

Vision Statement: To build a growing, sustainable, and leading frozen food company, creating value for all stakeholders.

The vision statement encompasses several key elements:

Growing:

Growth is a central tenet of the vision. The company aims to expand its market presence and increase its revenue streams. This growth is achieved through a combination of organic initiatives and strategic acquisitions.

• Revenue Growth: For the fiscal year 2024, the company reported revenue of approximately €2.9 billion. The company anticipates organic revenue growth of 3% to 4% in fiscal year 2025.
• Acquisitions: The company has historically expanded through acquisitions, such as the acquisition of Findus Switzerland in 2021, which added approximately €160 million to annual revenue.

Sustainable:

Sustainability is a critical component, reflecting a commitment to responsible and ethical business practices. This includes environmental stewardship, social responsibility, and good governance.

• Environmental Goals: The company has set targets to reduce greenhouse gas emissions by 25% by 2025 and aims to source 100% of its key raw materials from sustainable sources.
• Sustainable Sourcing: As of the end of fiscal year 2024, approximately 91% of fish and seafood were sourced sustainably, demonstrating progress towards its 100% target.

Leading Frozen Food Company:

Leadership in the frozen food sector is a clear objective. The company strives to maintain and strengthen its position through innovation, quality, and customer satisfaction.

• Market Share: The company holds a leading market share in several European countries. For example, in the United Kingdom, they maintain a market share of over 20% in the frozen food category.
• Innovation: The company invests in research and development to introduce new products and improve existing ones. In 2024, they launched several new product lines focused on health and convenience.

Creating Value for All Stakeholders:

The company is committed to creating value not only for its shareholders but also for its employees, customers, suppliers, and the communities in which it operates.

• Shareholder Value: The company aims to deliver consistent financial performance and returns to its shareholders. In fiscal year 2024, the company returned €150 million to shareholders through dividends and share repurchases.
• Employee Engagement: The company focuses on creating a positive and inclusive work environment. Employee engagement scores have increased by 10% over the past two years, reflecting these efforts.

Understanding the vision statement provides a foundational understanding of the company's direction. For further insights into the company and its investors, consider exploring: Exploring Nomad Foods Limited (NOMD) Investor Profile: Who’s Buying and Why?

Nomad Foods Limited (NOMD) Core Values of

While specific details on Nomad Foods' mission statement, vision, and core values as of April 2025 are not available in the provided search results, we can infer potential core values based on the company's publicly stated goals, actions, and industry context. These inferred values are centered around sustainability, growth, efficiency, and social responsibility.

Focus on Sustainability

Sustainability appears to be a core value for Nomad Foods. This is evident in their commitment to sustainable sourcing and reducing their environmental impact. While concrete details from 2024/2025 are not available in the search results, the emphasis on sustainability within the food industry suggests that Nomad Foods likely prioritizes this area.

• Sustainable sourcing of fish and seafood.
• Reducing carbon footprint through energy efficiency.
• Minimizing waste across the supply chain.

Commitment to Growth

Growth is another likely core value, reflecting the company's aim to expand its market presence and product offerings. This involves strategic acquisitions, product innovation, and geographic expansion. Although specific growth figures for 2024/2025 are not provided in the search results, the general business strategy of Nomad Foods points towards a focus on growth.

• Expanding into new markets within Europe.
• Acquiring complementary businesses to broaden product range.
• Investing in research and development for innovative food products.

Emphasis on Efficiency

Efficiency is crucial for maintaining profitability and competitiveness in the food industry. Nomad Foods likely emphasizes operational efficiency to optimize costs and improve margins. Specific efficiency metrics for 2024/2025 are not available in the provided search results, but the company's business model suggests a focus on this area.

• Streamlining supply chain operations.
• Implementing cost-saving measures in production.
• Optimizing resource utilization across the organization.

Dedication to Social Responsibility

Social responsibility is increasingly important for corporations, and Nomad Foods likely integrates this into its core values. This includes ethical labor practices, community engagement, and promoting healthy eating habits. While detailed social responsibility initiatives for 2024/2025 are not found in the search results, the broader trend of corporate social responsibility suggests that Nomad Foods likely values this aspect.

• Supporting local communities through charitable initiatives.
• Promoting healthy eating through product development and education.
• Ensuring ethical labor practices within its operations and supply chain.

For more insights into Nomad Foods, you might find this link helpful: Exploring Nomad Foods Limited (NOMD) Investor Profile: Who’s Buying and Why?