Frozen food manufacturer Nomad Foods posted weak results for the twelve months to 31 December, 2025, with reported revenue decreasing by 2.2 per cent to around £2.62bn.

Nomad Foods saw its revenue in the fourth quarter go down by 2.6 per cent to £674.8m, which was driven by a 1.1 per cent volume decline.

The business saw its full-year operating profit go down by 39.8 per cent to around £119.6m, which was negatively impacted by net losses of around £49.7m from tax due to refinancing of debt.

In the fourth quarter the parent company of Birds Eye’s profit decreased to a loss of around £9.5m compared to a £44.5m profit in the same period last year.

Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning

Dominic Brisby, Nomad Foods’ CEO said: “We continue to streamline the organisation to increase our speed, agility, focus and accountability. We believe this will help us improve our commercial execution while unlocking additional resources for reinvestment.

“We are also ensuring that the right talent, sourced both internally and externally, is in the right roles to help us succeed.

“We believe we can and will deliver better results, but we anticipate 2026 being a transition year as our financial outlook reflects the time required to implement and manage change.”

The company has forecasted a low outlook for the upcoming FY26, expecting organic revenue to decline by between 2 per cent and 5 per cent while adjusted EBITDA is predicted to decrease by between 5 per cent and 10 per cent.