Nomad Foods expects organic revenue growth of at least 1% in the third quarter
Key Facts
It was not possible to verify the third-quarter 2026 results or whether they exceeded analysts’ expectations. Nomad Foods said on October 6 that it expected organic revenue to grow by at least 1% in the quarter. The forecast came before the results were announced, while the company expected organic revenue to decline 2%–3% for fiscal 2026. Chief Executive Officer Dominic Brisby said at the time that the company expected organic growth to return in the third quarter. Brisby described the expected return as evidence that the measures the company was taking were beginning to have an effect. The company is scheduled to discuss the results in a live Q&A session on November 4 at 8:30 a.m. Eastern time.
The October full-year forecast also included a 5%–10% decline in adjusted EBITDA during 2026. The company said its forecasts for adjusted earnings, adjusted EPS and adjusted free cash flow conversion were unchanged at the time. It set its expected adjusted EPS for the year at a range of 1.38 to 1.53 euros. These indicators frame the results the company said it would discuss, but do not establish whether it reaffirmed that guidance after the third-quarter results were released. The company also said productivity initiatives were expected to exceed a previous target of 200 million euros over several years.
The latest operating comparison was the second quarter of 2026, when reported revenue fell 3.1% year over year to 724 million euros. Organic revenue declined 2.9% in the same quarter, with sales volume down 5.9% and a positive price mix contribution of 3.0%. Those figures showed a contrast between pressure on volume and support from price mix before the company forecast a return to organic growth in the third quarter. In the second quarter, adjusted EBITDA fell 4.3% to 124 million euros. Adjusted earnings for the period also declined 9% to 55 million euros, providing financial context for the year without settling the performance of the subsequent quarter.
In the third quarter of 2025, the company’s revenue had fallen 2.2% to 752 million euros, while adjusted EBITDA declined 14.2% to 143 million euros. Adjusted EPS then fell 10.9% to 0.49 euros. That prior performance offers a year-over-year comparison for the same period, but provides no figures for the third quarter of 2026. Before the current report, Investing.com forecast EPS of 0.46 euros and revenue of 751 million euros for the quarter ended in September 2026. The site said EPS estimates had risen about 2% and revenue estimates about 3% in the two months before the report, and that estimates had remained stable over the last week.
NOMD shares closed at $12.25 on November 3, 2026, down 0.89%, according to the company’s investor relations page. The price reflects the close of the session before the results discussion scheduled for the following day. The company had set the live session for 8:30 a.m. Eastern time on November 4. The session is expected to focus on discussing third-quarter results, while the actual results and details of any guidance update remain unavailable in the documented information here.