NYSE$NOMD

Nomad Foods Ltd · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Nomad Foods Q3 2025: €752M revenue (-2.2%) as adjusted EPS falls to €0.49

Nomad Foods reported third quarter 2025 results with revenue of €752 million, down 2.2% year over year, and organic revenue down 1.6% on a 0.5% volume decline and unfavorable mix. Adjusted gross margin contracted 420 basis points to 28.1% on supply chain inflation, while adjusted EBITDA fell 14.2% to €143 million and adjusted EPS declined 10.9% to €0.49. Reported diluted EPS was €0.39. CEO Stéfan Descheemaeker said results were in line with expectations after summer weather-related category weakness and soft UK performance, noting improving trends by quarter end and stabilization in UK retail sell-through. Management expects full-year organic revenue near the low end of its flat to -2% range, adjusted EBITDA near the low end of -3% to -7%, and adjusted EPS near the low end of €1.64 to €1.76, with incoming CEO Dominic Brisby set to lead a turnaround in 2026.

  • Q3 revenue fell 2.2% to €752M; organic revenue declined 1.6% with volumes down 0.5%.
  • Adjusted EPS decreased 10.9% to €0.49; reported diluted EPS was €0.39.
  • Adjusted EBITDA was €143M (-14.2%) as adjusted gross margin fell 420 bps to 28.1%.
  • Nine-month revenue was €2.26B with adjusted EPS of €1.22 and adjusted EBITDA of €392M.
  • Full-year guidance maintained near the low end of existing ranges; 2026 price increases communicated to trade.

Headline financials

Total Revenue

€752M

Previous: €845M-11.0%
EPS (adj)

€0.49

Previous: €0.60-18.3%
Adjusted EBITDA

€143M

No prior period
Organic revenue growth

-1.6%

No prior period
Adjusted gross margin

28.1%

No prior period
Net Income

€57.6M

No prior period
Operating Income

€93.6M

No prior period

Revenue & EPS history

Nomad Foods · Revenue · Quarterly

€752M

Q3 2025-11%vs Q3 2024
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Forward guidance

Nomad expects full-year organic revenue near the low end of flat to -2%, adjusted EBITDA near the low end of -3% to -7%, adjusted EPS near the low end of €1.64 to €1.76 ($1.89–$2.02 at Sep 30 FX), and adjusted free cash flow conversion of 90% or greater.

Tailwinds

  • Summer category weakness proved transitory with growth returning by quarter end.
  • Robust innovation pipeline, 2026 price increases, and efficiency program remain on track.

Headwinds

  • Supply chain inflation drove a 420 bps adjusted gross margin contraction in Q3.
  • UK business softness partially offset strong Growth Platforms performance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.7%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+1.5%

Avg return

30 days after

57%

24 / 42 earnings

Positive

+13.5%

Q1 2022

Best reaction

-12.4%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-8.5%-14.8%-21.0%
Q3 2025+6.0%+5.3%+6.0%
Q2 2025-9.5%-8.1%-12.0%
Q4 2024+5.0%+7.8%+4.0%
Q3 2024+1.4%+3.6%+9.3%
Q2 2024+1.9%+0.9%+2.7%
Q4 2023+6.0%+5.1%+6.3%
Q3 2023+12.5%+15.4%+15.9%
Q2 2023+0.9%+0.3%-7.5%
Q1 2023-4.8%-7.5%-9.2%
Q4 2022-0.4%+2.5%+2.9%
Q3 2022+5.4%+6.9%+9.1%
Q2 2022+6.5%+4.0%-3.8%
Q1 2022+13.5%+15.2%+9.2%
Q4 2021+1.9%+1.2%-14.0%
Q3 2021-8.5%-8.2%-13.9%
Q2 2021+4.8%+4.9%+3.9%
Q1 2021-1.5%-2.8%+8.5%
Q4 2020-5.8%-4.5%+9.6%
Q3 2020-4.5%-10.0%-5.2%
Q2 2020+5.0%+4.2%+6.7%
Q1 2020+4.5%+7.7%-0.5%
Q4 2019-1.6%+4.8%-6.2%
Q3 2019+4.4%+2.3%+6.4%
Q2 2019-3.0%-7.4%-5.6%
Q1 2019+4.6%+5.7%+1.2%
Q4 2018+11.7%+11.7%+8.5%
Q3 2018+6.3%+4.0%-1.1%
Q2 2018+5.1%+3.8%+8.5%
Q1 2018+5.8%+4.9%+9.4%
Q4 2017-1.1%-1.2%+1.7%
Q3 2017+6.4%+6.8%+8.1%
Q2 2017+1.7%+1.2%-0.5%
Q1 2017+7.9%+8.0%+5.5%
Q4 2016-0.2%-4.7%+2.9%
Q3 2016-12.4%-15.6%-10.4%
Q2 2016+11.9%+16.8%+18.9%
Q4 2015-0.1%
Q1 2016-2.2%
Q3 2015-1.3%
Q2 2015-2.3%
Q1 2015+0.0%
Q4 2014
Q3 2014

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