Nomad Foods Q2 FY26 profit drops 15% to €49 million; revenue falls 3.1% to €724 million
NOMD•Q2 FY26 results and outlook
- Nomad Foods posted Q2 2026 profit for the period down 15% to €49 million; diluted EPS slipped 5% to €0.35.
- Revenue fell 3.1% to €724 million; organic revenue declined 2.9% on 5.9% lower volume, partly offset by 3% price-mix.
- Gross margin widened 1.3 percentage points; adjusted gross margin rose 1.1 percentage points to 28.9%.
- Adjusted EBITDA decreased 4.3% to €124 million; adjusted operating expenses increased 7.8% to €111 million due to incentive scheme rebuild.
- 2026 outlook maintained for organic revenue down 2%-5% and adjusted EBITDA down 5%-10%; adjusted EPS forecast cut to €1.38-€1.53.
