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Nomad Foods to Host an Analyst and Investor Day

PR Newswire•06/10/2026•06:45 ET
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Key Highlights

  • ➤2026 organic revenue decline outlook narrowed to 2%-3% from 2%-5%
  • ➤Q3 organic revenue expected to grow at least 1%, marking a return to growth
  • ➤Productivity initiatives now expected to exceed previously announced €200 million target
  • ➤Adjusted EBITDA guidance remains down 5%-10%, including incentive compensation headwind
  • ➤Adjusted EPS guidance remains €1.38-€1.53; free cash flow conversion stays at least 90%

Expert Statements

Dominic Brisby, Chief Executive Officer of Nomad Foods

“2026 has been a year of decisive action and meaningful change at Nomad Foods. Since joining Nomad at the beginning of the year, we have simplified the organization, eliminated inefficient practices, strengthened our leadership team and begun building a more accountable, performance-driven culture. While there is more work ahead, we are encouraged by the progress already underway. We expect a return to organic revenue growth in the third quarter, providing tangible evidence that the actions we are taking are beginning to deliver results..”

Dominic Brisby, Chief Executive Officer of Nomad Foods

“Looking ahead, our ambitions extend well beyond restoring growth. We are building a stronger, more agile and more scalable Nomad Foods with the capabilities to deliver consistent top- and bottom-line growth. We are leveraging the significant advantages of our pan-European supply chain, accelerating productivity initiatives that we now expect will exceed the €200 million target previously announced, and transforming our approach to innovation, brand investment and commercial execution. At the same time, we are addressing structural constraints that have historically limited the Company's growth potential.”

Dominic Brisby, Chief Executive Officer of Nomad Foods

“Combined with the strength of our category-leading brands and the attractive long-term fundamentals of frozen food, these actions give us confidence in our ability to deliver sustainable growth, stronger cash generation and increased shareholder value. That confidence is reflected in our own investment in Nomad Foods: my leadership team and I have collectively purchased approximately $10.5 million of NOMD shares in the open market over the past thirteen months.”

Dominic Brisby, Chief Executive Officer of Nomad Foods

“Our priorities are clear: execute consistently, strengthen the business, generate substantial free cash flow and return capital to shareholders, including through the continued payment of our dividend, while preserving the financial flexibility to invest behind our brands and pursue attractive growth opportunities.”

Raises 2026 Organic Revenue Outlook; Return to Growth Expected in the Third Quarter

Introduces Multi-Year Value Creation Plan Targeting Sustainable Revenue and Earnings Growth

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