Frozen foods giant Nomad Foods, the parent company of Iglo and Findus, saw revenue slip 6.9 percent in the third quarter of the year, driven once again by a decline in sales in the group three largest markets of United Kingdom, Italy and Germany.
Sales in the quarter fell to €439.5 million ($465.3 million), down from €472.1 million ($499.8 million) in the same period a year earlier.
The group also saw a drop in sales in France as retailers destocked Iglo product ahead of ordering the new Findus brand stock keeping units (SKUs).
Adjusting