Nomad Foods Limited released results for the quarter and nine months ended September 30, 2025, reporting softer revenue and margins compared with the year-earlier period.
Revenue for the third quarter fell 2.2 percent to EUR752m, while organic revenue declined 1.6 percent, reflecting a 0.5 percent drop in volume.
Adjusted gross margin contracted by 420 basis points and adjusted EBITDA slid 14.2 percent to EUR143m. Adjusted earnings per share decreased 10.9 percent to EUR0.49.
Stéfan Descheemaeker, Nomad Foods’ chief executive officer, described the quarter as largely in line with expectations but punctuated by temporary pressures. “Third quarter results were inline with our expectations. We faced several headwinds this quarter, including weather-related category pressure in July and soft performance in the UK that more than offset strong performance in our Growth Platforms. Importantly, we are making progress towards driving improvement.”
“The category weakness we saw this summer has proven transitory and we are pleased that growth returned to healthy levels by the end of the quarter. We are seeing similar improvement in our retail sell-through growth in the UK where our business has recently stabilized. Looking forward, our pipeline of innovation and renovation initiatives is robust, 2026 price increases have been communicated to the trade and the increased efficiency program we announced in September remains on track. We have more work to do, but I am encouraged by the progress we are making.”
Management said weather-related disruptions in July and a weaker UK performance outweighed gains from Nomad’s faster-growing platforms, though the company reported a return to healthier growth by quarter-end. The company pointed to a robust pipeline of product innovation and renovation, communicated price increases for 2026 to trade partners, and confirmed that a September-announced efficiency program remains on schedule.
Investors will be watching whether planned price actions and operational efficiencies can offset margin pressure and restore year-on-year profitability trends. Nomad’s leadership framed the quarter as a setback driven by transitory factors, while emphasizing the company’s work to stabilize retail sell-through and to drive future growth through new product initiatives and cost measures.
Find out more at: https://www.nomadfoods.com/