Nomad Foods Reports Second Quarter 2026 Financial ResultsPricing and productivity drove a positive Adjusted Gross Margin inflection Cash generation remains strong with Adjusted Free Cash Flow conversion higher year-on-year WOKING, England, Aug. 13, 2026 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three and six month periods ended June 30, 2026. Key operating metrics and financial performance for the second quarter 2026, when compared to the second quarter 2025, include: Reported Revenue decreased 3.1% to €724 million; Organic revenue declined 2.9% with a volume decline of 5.9% and a positive price-mix contribution of 3.0% Gross margin increased 130 bps, Adjusted gross margin increased 110 bps Profit for the period decreased 15% to €49 million, Adjusted EBITDA decreased 4.3% to €124 million Reported Diluted EPS decreased 5.0% to €0.35; Adjusted EPS decreased 2.5% to €0.39 Management Comments "The second quarter marked an important step forward for Nomad Foods," said Dominic Brisby, Chief Executive Officer of Nomad Foods.
PRNewsWire8/13/2026Neutral