I live in Germany and can confirm iglo is quite popular and present in the major chains here. I am very bullish on the sector since frozen foods are usually fresher than the "fresh" food offered in the supermarket and health consious people are starting to get aware of that. You can also check out Frosta, a German competitor. More profitable but also not nearly as cheap as Nomad. Thanks for the writeup!
I appreciate the comment and your review of iglo. Yeh, I wouldn’t say I would be massively looking to pursue an investment in this sector other than the valuation hence the small purchase I’ve made through Nomad.
I live in Germany and can confirm iglo is quite popular and present in the major chains here. I am very bullish on the sector since frozen foods are usually fresher than the "fresh" food offered in the supermarket and health consious people are starting to get aware of that. You can also check out Frosta, a German competitor. More profitable but also not nearly as cheap as Nomad. Thanks for the writeup!
I appreciate the comment and your review of iglo. Yeh, I wouldn’t say I would be massively looking to pursue an investment in this sector other than the valuation hence the small purchase I’ve made through Nomad.
Hey D. NOmad foods hoklder here. I have subbed. Let’s support each other and grow together. Check my latest article on UBER here https://substack.com/@valueinvestorfromitaly/note/c-232679105?utm_source=notes-share-action&r=3qdo3i
Nice to see another Nomad holder 👍🏻 subbed also.
Sven Carlin and Deep Value Hunter on yt have both covered Nomad