Recent Updates — NOMD
The Board of Directors declared a quarterly cash dividend of $0.17 per ordinary share. The payment is scheduled for November 27, 2026, to shareholders of record as of the close of business on November 10, 2026. Nomad Foods operates in the frozen food industry and owns iconic brands including Birds Eye, Findus, iglo, Ledo, and Frikom.
Nomad Foods Limited updated its fiscal 2026 guidance, raising the full-year organic revenue decline forecast to 2%-3% from a previous estimate of 2%-5%. The company now anticipates at least 1% organic revenue growth in the third quarter, signaling a return to top-line expansion. Adjusted EBITDA, Adjusted EPS (€1.38-€1.53), and free cash flow conversion targets remain unchanged. Management also introduced a multi-year Value Creation Plan targeting sustainable growth and productivity savings exceeding €200 million. Nomad Foods is Europe's leading frozen food company.
Nomad Foods reported second quarter 2026 financial results for the period ended June 30, 2026. Reported revenue decreased 3.1% to €724 million, driven by a 5.9% volume decline partially offset by a 3.0% positive price-mix contribution. Adjusted gross margin expanded 110 basis points to 28.9%, while adjusted EBITDA fell 4.3% to €124 million and adjusted EPS declined 2.5% to €0.39. The company lowered its full-year adjusted EPS guidance to €1.38-€1.53 ($1.59-$1.76) due to higher interest expenses from recent refinancing, while maintaining organic revenue decline expectations of 2%-5%. Nomad Foods operates in the frozen food industry as Europe's leading manufacturer and distributor of branded frozen products.
On July 30, 2026, Nomad Foods Limited closed a €800.0 million offering of 5¼% senior secured notes due 2033 to refinance existing €800.0 million notes maturing in 2028. Concurrently, the company increased its revolving credit facility commitments by €105.0 million, raising total availability to €280.0 million. The Board also declared a quarterly cash dividend of $0.17 per share, payable on August 27, 2026, to shareholders of record as of August 11, 2026. Nomad Foods Limited operates in the frozen food industry, manufacturing and distributing branded products such as Birds Eye, Findus, and Iglo.
Nomad Foods Limited announced the pricing of a €800.0 million senior secured notes offering due 2033 with a 5.25% interest rate. The proceeds will be used to refinance existing €800.0 million senior secured notes due 2028, extending the company's next material long-term debt maturity to 2032. Additionally, the company expects to increase its revolving credit facility commitments by €105.0 million to a total of €280.0 million. Nomad Foods is a frozen food company operating in Europe.
Nomad Foods Limited announced preliminary second quarter 2026 results, expecting organic revenue to decline by 2.5-3.5% and Adjusted EBITDA to be between €120-€126 million. The company is also launching a €800.0 million senior secured notes offering due 2033 to refinance existing €800.0 million notes due 2028. Nomad Foods is a frozen food company operating in Europe.