Nomad Foods Sees Q2 Revenue Down 2.5%-3.5%, FY25 Revenue Decline Of 2%-5%

Nomad Foods Ltd.

Nomad Foods Ltd.

NOMD

0.00

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. For the three-month period ended June 30, 2026, Nomad Foods expects reported and organic revenue to decline by 2.5-3.5%, Adjusted EBITDA to be in the range of approximately €120-€126 million and closing cash and cash equivalents balance of approximately €273 million. The Company is also reiterating its full year organic revenue, Adjusted EBITDA and Adjusted Free Cash Flow conversion guidance. For the full year ending December 31, 2026, the Company continues to expect organic revenue to decline by 2%-5%, Adjusted EBITDA to decline by 5%-10% and Adjusted Free Cash Flow Conversion of 90%+. The Company is evaluating its full-year EPS guidance as a result of anticipated debt refinancing activities and the associated impact of such activities on the Company's anticipated interest expense and Adjusted Net Income.

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