Is Nomad Foods' Pricing Power Enough to Offset Protein Costs?

Key Takeaways NOMD saw Q1 gross margin rise to 27.8%, but adjusted EBITDA fell 1.8% amid protein cost inflation. NOMD is experiencing input inflation in key protein categories like chicken and red meat. Pricing actions are underway but expected to lag rising protein costs in the near term.Nomad Foods Limited (NOMD) is contending with mounting input cost pressures, particularly in protein categories like chicken and red meat. In the first quarter of 2025, the company flagged a rise in protein inflation, at ...