07:53 AM EDT, 09/03/2025 (MT Newswires) -- Nomad Foods ( NOMD ) said Wednesday that it has established an efficiency program aimed at generating 200 million euros ($232.9 million) in operational savings from fiscal 2026 to 2028.

The company said it will use the anticipated savings to fund targeted reinvestments, mitigate inflation, and achieve its adjusted EBITDA growth goals.

Nomad said it aims to achieve 1% to 3% in compound annual adjusted EBITDA growth for 2026 to 2028, compared with the 2023 to 2025 period.

The company also said it aims to grow organic sales in line with the European Frozen category, which has historically achieved a low-single-digit growth range.

Additionally, Nomad said it continues to expect fiscal 2025 adjusted earnings per share of between 1.64 euros and 1.76 euros, and organic revenue to range from a 2% decline to flat year on year.