Nomad Foods(US:NOMD)2025-11-06 13:30Third Quarter 2025 Performance - Organic growth contracted by 1.6% due to a 0.5% volume decline, but trends improved sequentially throughout the quarter[8] - Category sales growth accelerated to 2%+ value growth[8] - Adjusted gross margin decreased by 420 bps year-over-year due to higher COGS inflation[8] - Adjusted EBITDA declined 14% year-over-year, and Adjusted EPS fell 11%[8] - Total revenue was €752 million, a 2.2% decrease from €770 million in 3Q 2024[23] - Adjusted gross profit decreased by 15% from €248 million to €212 million[23] - Adjusted EBITDA was €143 million, a 14% decrease from €166 million[23] - Adjusted EPS was €0.49, an 11% decrease from €0.55[23] Cash Flow and Capital Allocation - The company returned cash to shareholders through share repurchases (€151 million YTD) and dividend payments (€70 million YTD), collectively up 100% year-over-year[8] - Adjusted free cash flow was €66 million for the nine months ended September 30, 2025, compared to €105 million for the same period in 2024[24] Outlook - Management expects to deliver full-year 2025 results near the low-end of its organic revenue, Adjusted EBITDA, and Adjusted EPS ranges[8] - The company is guiding to the low end of its existing 2025 ranges, with organic revenue between 0% to -2%, and Adjusted EBITDA between -3% to -7% year-over-year[27]