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Nomad Foods (NOMD) Stock News

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Nomad Foods Limited reports developments for a European frozen-food business built around branded products sold through grocery retail channels. Its portfolio includes Birds Eye, Findus, iglo, Ledo and Frikom, with frozen categories that include fish, vegetables, poultry, ice cream and ready meals across Western European markets.

Recurring news includes quarterly and annual financial results, organic revenue trends, volume and price/mix performance, margins, Adjusted EBITDA, Adjusted EPS, guidance, productivity programs and cash generation. Company updates also cover quarterly cash dividends, share repurchases, annual report availability, capital actions and organizational changes tied to its operating performance.

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Nomad Foods (NOMD) raised its 2026 organic revenue outlook and introduced a multi-year growth plan at its Analyst and Investor Day. The company now expects full-year organic revenue, which excludes currency and non-comparable trading effects, to decline 2%-3%, versus its previous forecast of a 2%-5% decline. Third-quarter organic revenue growth is expected to be at least 1%.

Other 2026 forecasts remain unchanged: adjusted EBITDA declines 5%-10%, adjusted earnings per share of €1.38-€1.53, and adjusted free cash flow conversion of 90% or greater. The EBITDA outlook includes up to a mid-single digit headwind from restoring incentive compensation. Nomad expects productivity initiatives to exceed its previously announced €200 million target and plans to maintain its dividend. Its CEO and leadership team collectively purchased approximately $10.5 million of NOMD shares over the past thirteen months.

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Nomad Foods (NOMD) will host an Analyst and Investor Day at the New York Stock Exchange in New York City on October 6, 2026, starting at 9:00 am ET.

The event, expected to end around 12:00 pm ET, will feature presentations from the CEO, CFO and other senior leaders. Management will update attendees on business performance and introduce a multi-year Value Creation Plan, covering growth, execution and capital allocation priorities, followed by a question-and-answer session. A live webcast, slides and a replay will be available on the company’s Investor Relations website.

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Nomad Foods (NOMD) will participate in the Barclays 19th Annual Global Consumer Staples Conference in Boston, MA, held from September 8-10, 2026.

Chief Executive Officer Dominic Brisby and Chief Financial Officer Ruben Baldew will present and host investor meetings. The company’s fireside chat is scheduled for 3:45 p.m. ET on Wednesday, September 9, 2026, with a live audio webcast and archived replay available on Nomad Foods’ website.

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Nomad Foods (NYSE: NOMD) reported second quarter 2026 revenue of €724 million, down 3.1% year-on-year, with organic revenue declining 2.9% as volumes fell 5.9% and price-mix improved 3.0%. Adjusted gross margin rose 110 bps to 28.9%, supported by pricing and supply chain productivity, while profit for the period declined 15% to €49 million and Adjusted EBITDA fell 4.3% to €124 million. Adjusted EPS dipped to €0.39 and reported diluted EPS to €0.35.

For the first six months of 2026, revenue decreased 4.5% to €1,439 million and Adjusted EBITDA declined 13.3% to €216 million. According to Nomad Foods, full‑year 2026 guidance is reiterated for organic revenue (-2% to -5%) and Adjusted EBITDA (-5% to -10%), but Adjusted EPS is reduced to €1.38–€1.53, mainly due to higher interest expense from refinancing and variable rates. The company continues to expect Adjusted Free Cash Flow conversion of at least 90%.

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Nomad Foods (NYSE: NOMD) completed a comprehensive financing that upsized its revolving credit facility by €105 million to €280 million and issued €800 million of senior secured notes due 2033. The notes proceeds were used to refinance existing senior secured notes due 2028, extending debt maturities and supporting long-term objectives.

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Nomad Foods (NYSE: NOMD) will report financial results for the second quarter ended June 30, 2026 on Thursday, August 13, 2026, before the NYSE market open. Management will release a press release, supplemental materials and a pre-recorded discussion, followed by a live Q&A call at 8:30 AM EDT.

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Nomad Foods (NYSE: NOMD) announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share. The dividend is scheduled to be paid on August 27, 2026 to shareholders of record at the close of business on August 11, 2026.

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Nomad Foods (NYSE: NOMD) announced that its indirect wholly owned subsidiary, Nomad Foods Bondco, has closed an offering of €800 million aggregate principal amount of 5¼% senior secured notes due 2033. Gross proceeds were used to fully refinance the Issuer's existing €800 million senior secured notes due 2028.

According to Nomad Foods, the new notes are expected to be guaranteed and secured on a senior basis by the company and certain subsidiaries within 60 business days. The company also confirmed that an additional €105 million of commitments under its revolving credit facility is now effective, increasing total availability to €280 million. The announcement includes restrictions on marketing and sale of the notes, which are targeted at eligible counterparties and professional clients only.

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Nomad Foods (NYSE: NOMD) announced that its indirect subsidiary Nomad Foods Bondco has priced an offering of €800 million aggregate principal amount of 5¼% senior secured notes due 2033. According to Nomad Foods, gross proceeds are intended to refinance in full the Issuer's existing €800 million senior secured notes due 2028, which would extend the group’s next material long-term debt maturity to 2032.

In connection with and contingent upon this refinancing, the company expects to increase commitments under its revolving credit facility by €105 million to €280 million. The notes will be guaranteed and secured on a senior basis by Nomad Foods and certain subsidiaries, with closing targeted for July 30, 2026, subject to customary conditions and with no assurance of completion.

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Nomad Foods (NYSE: NOMD) announced that its indirect wholly owned subsidiary, Nomad Foods Bondco, plans to issue €800 million of senior secured notes due 2033, subject to market and customary conditions. The notes are expected to be guaranteed and secured on a senior basis by Nomad Foods and certain subsidiaries.

According to Nomad Foods, gross proceeds are intended to refinance in full the existing €800 million senior secured notes due 2028. Contingent on completing this refinancing, the company expects to increase commitments under its revolving credit facility by €105 million to €280 million. The notes will be offered only to eligible institutional and professional investors under U.S., U.K. and EEA securities regulations.

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FAQ

What is the current stock price of Nomad Foods (NOMD)?

The current stock price of Nomad Foods (NOMD) is $10.69 as of October 6, 2026.

What is the market cap of Nomad Foods (NOMD)?

The market cap of Nomad Foods (NOMD) is approximately 1.5B.