Reported revenue decreased by 3.1% to €724 million, while organic revenue declined by 2.9% with a volume decline of 5.9% and a positive price-mix contribution of 3%.

Profit for Q2 decreased by 15% to hit €49 million. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) decreased by 4.3% to €124 million.

Adjusted gross profit increased 0.7% to €209 million, and adjusted gross margin increased 110 basis points to 28.9%, which Nomad Foods said was due to positive price contribution and continued supply chain productivity.

Comparing the first six months of 2026 to the first six months of 2025, Nomad Foods found that its revenue had decreased by 4.5% to €1,439 million. Adjusted EBITDA decreased 13.3% to €216 million, and adjusted profit for the period decreased 23.2% to €88 million.

Brands from Nomad Foods include Birds Eye, Aunt Bessie’s and Goodfella’s.

Nomad Foods says there is “more work to do”

Dominic Brisby, chief executive officer of Nomad Foods, stated: “The second quarter marked an important step forward for Nomad Foods. We secured our price increase, expanded gross margins, restored momentum with key retail partners, and continued to strengthen our organisation.

“Our iconic brands participate in attractive and growing categories, and we are increasing our focus on innovation, renovation, and commercial excellence to better capture that opportunity.

“While there is more work to do, I am encouraged by the progress we are making and excited about the significant value creation opportunities ahead as we unlock the full value of our brands, supply chain, and pan-European platform. I remain confident in our ability to drive improved performance and create meaningful shareholder value.”

Noam Gottesman, co-chairman and founder of Nomad Foods, commented: “The Board is encouraged by the progress made during the quarter as Nomad Foods continues to strengthen its foundation and advance its strategic priorities.

“We are particularly pleased with the actions taken to enhance the company’s leadership team, improve operational efficiency, and restore momentum with key customers. The Board remains confident in management’s ability to execute its value creation plan and believes the company is well positioned to capitalise on the attractive long-term growth opportunities within the frozen food category.”

Setting its guidance for 2026, Nomad Foods expects its organic revenue for the full year to decline by 2%-5%, and adjusted EBITDA to decline by 5%-10%.