Nomad Foods invests in potato-waffle production

Nomad Foods has invested successful potato-waffle accumulation successful the UK amid request for "great-value" frozen products.

The Birds Eye marque proprietor has spent £2.2m ($3m) connected a caller accumulation enactment astatine its tract successful Lowestoft successful eastbound England.

"As consumers navigate ongoing cost-of-living pressures, we are seeing sustained request for trusted, great-value, tasty frozen favourites that tin beryllium utilized crossed a assortment of meals. This concern ensures we tin proceed to conscionable that request whilst supporting bully nutrient choices for families," Nomad main proviso serviceman Eduardo Bachiega said.

The facility, which supplies customers successful the UK and Ireland, means the mill tin nutrient 18,250 tonnes, oregon astir 45 cardinal murphy waffles, a year.

In September, Nomad acceptable retired a people of €200m ($233.1m) successful operational savings during its 2026 to 2028 fiscal years, with efficiencies expected crossed procurement, logistics and overheads.

Nomad believes the savings volition let the concern to marque “targeted reinvestments” and “mitigate” unit from inflation.

In April, the institution said it planned to adjacent its Rorschach works successful Switzerland by the extremity of this year.

The institution saw its income and net autumn successful 2025. Reported income gross fell 2.2% to €3.03bn ($3.54bn). Organic income were down 1.9%. Volumes declined 1.4%.

Operating nett slid from €387m successful 2024 to €325.4m. Net nett slumped from €136.7m to €227,1m.

Nomad expects its integrated gross to alteration by 2-5% and its adjusted EBITDA to autumn 5-10% successful 2026.

Last month, the institution booked a 5.9% diminution successful first-quarter revenues to €715m. Organic gross fell 5.3%.

"Nomad Foods invests successful potato-waffle production" was primitively created and published by Just Food, a GlobalData owned brand.

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