Nomad Foods Reports Q3 2026 Results with Organic Revenue Growth Amid Margin Pressures
Nomad Foods (NOMD) reported third-quarter 2026 revenue of €770 million, representing a 2.3% increase driven by 1.6% organic growth. While price-mix contributed positively to the top line, volume performance saw a slight decline of 0.2%. The company's adjusted gross margin fell by 110 basis points to 27.0%, impacted by higher incentive compensation and the reversal of previous timing benefits. Despite the revenue growth, profitability metrics faced headwinds. Adjusted EBITDA decreased by 1.5% to €141 million, as productivity savings were offset by restored employee incentive schemes and rising input costs. Management highlighted upcoming inflation in fish prices as a specific headwind for the fourth quarter. For the full year 2026, Nomad Foods reconfirmed organic revenue guidance of a 2% to 3% decline as it works toward volume stability.
Tickers: $NOMD
Topics: Adjusted EBITDA EPS Financial Performance Organic Revenue Revenue Growth