Nomad Foods sees Q2 FY26 adjusted EBITDA at €120-€126 million; revenue falls 2.5%-3.5%
NOMD•Preliminary Q2 FY26 outlook
Nomad Foods flagged preliminary Q2 results, projecting revenue down 2.5%-3.5% year over year.
Adjusted EBITDA is seen at about €120 million-€126 million, with cash and cash equivalents around €273 million at quarter-end.
Gross margin rose year over year, supported by previously announced price increases.
Full-year guidance and refinancing update
Full-year guidance was reiterated, with organic revenue expected to fall 2%-5% and adjusted EBITDA to decline 5%-10%.
EPS guidance is under review amid potential debt refinancing that could lift interest expense, with actions planned to reduce net debt over time.
