NOMD

Nomad Foods Limited (NOMD) Q2 2026 Earnings Call Prepared Remarks Transcript

Nomad Foods NYSE: NOMD reported second-quarter results that modestly exceeded its expectations, as price increases and productivity initiatives supported margins while retailer disruptions in key markets continued to weigh on volume and revenue.

Nomad Foods (NOMD) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.45 per share a year ago.

Pricing 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.

WOKING, England, July 30, 2026 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) ("Nomad Foods" or the "Company") today announced it will report results for the second quarter ended June 30, 2026, on Thursday, August 13, 2026. A press release and supplemental materials, including a pre-recorded management discussion, will be issued before the New York Stock Exchange market open.

WOKING, England, July 30, 2026 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that its Board of Directors has declared a cash dividend of $0.17 per share. The dividend will be payable on August 27, 2026 to shareholders of record as of the close of business on August 11, 2026.

WOKING, England, July 30, 2026 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) ("Nomad Foods" or the "Company") today announces that Nomad Foods Bondco Plc (the "Issuer"), an indirect, wholly-owned subsidiary of the Company, has completed its offering of €800.0 million aggregate principal amount of 5¼%Senior Secured Notes due 2033 (the "Notes"). The gross proceeds of the offering were used to refinance in full the Issuer's existing €800.0 million aggregate principal amount Senior Secured Notes due 2028.

WOKING, England, July 22, 2026 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) ("Nomad Foods" or the "Company") today announces that Nomad Foods Bondco Plc (the "Issuer"), an indirect, wholly-owned subsidiary of the Company, has priced its offering of €800.0 million aggregate principal amount of 5¼%Senior Secured Notes due 2033 (the "Notes"). The Company intends to use the gross proceeds of the offering to refinance in full the Issuer's existing €800.0 million aggregate principal amount Senior Secured Notes due 2028 (the "Existing Notes"), which would extend the Company's next material long-term debt maturity to 2032 (such refinancing, together with the issuance of the Notes, being the "Refinancing").

WOKING, England, July 20, 2026 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) ("Nomad Foods" or the "Company") today announced that Nomad Foods Bondco Plc (the "Issuer"), an indirect, wholly-owned subsidiary of the Company, intends to offer €800.0 million aggregate principal amount of senior secured notes due 2033 (the "Notes"), subject to market and other customary conditions (the "Offering"). The Notes are expected to be guaranteed and secured on a senior basis by the Company and certain of its subsidiaries.

WOKING, England, July 20, 2026 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) ("Nomad Foods" or the "Company") today announced preliminary second quarter 2026 financial results. The execution of the Company's plan continues to progress well in this rebuilding year.