Nomad Foods Projects 5-10% EBITDA Drop, 2-5% Sales Decline in 2026
Nomad Foods projects 2-5% organic sales decline and 5-10% adjusted EBITDA drop in 2026, following 1.9% sales and 7.5% EBITDA declines in 2025, as it implements sizeable price increases. Volumes fell 1.4% and value share slid 30 basis points last year, prompting CEO Dominic Brisby’s strategic repositioning.
1. CEO Emphasizes Pricing Strategy
Dominic Brisby has identified sizeable price increases as the primary lever to capture Nomad Foods’ full potential, accepting short-term disruptions in sales and profit margins.
2. 2025 Performance Review
In 2025, volumes declined 1.4% and price/mix fell 0.5%, while value share dropped 30 basis points, contributing to a 7.5% retreat in adjusted EBITDA.
3. 2026 Financial Outlook
The company forecasts organic sales down 2-5%, adjusted EBITDA down 5-10%, and adjusted EPS down 4-13%, characterizing 2026 as a transitional year with near-term turbulence.
4. Long-Term Growth Roadmap
Brisby plans to unveil detailed strategic targets at the next capital markets day, aiming for a return to growth and stronger market share by 2027 and 2028.