Nomad Foods releases transcript of Q2 2026 earnings Q&A session
NOMD•Q2 2026 earnings Q&A highlights
Nomad Foods discussed Q2 2026 results in an Aug. 13 earnings Q&A attended by CEO Dominic Brisby and CFO Ruben Baldew.
Management expects improved sales and market share in Q3 and Q4, but sees more time needed to return to neutrality.
Retailer disruptions and pricing actions
Retailer disruptions in Germany and France were described as resolved, aside from small retailers and minor markets.
Pricing talks with retailers have started, focused on fish inflation; management cited recent private-label increases and signaled further cost-justified pricing into Q4.
Productivity program and capital allocation
The CFO reaffirmed the EUR 200 million productivity program, citing marketing restructuring and a factory closure.
Buybacks were paused to prioritize deleveraging.
