Nomad Foods plans to adjacent its Rorschach manufacturing works successful Switzerland by the extremity of the twelvemonth arsenic portion of the European frozen-food group's savings plan.
In a statement, the UK-headquartered proprietor of the Birds Eye, Iglo and Findus brands said the projected determination is aligned with its “long-term productivity programme” unveiled past year.
The closure would impact 45 full-time employees, with consultations with unit moving until 8 May.
As outlined successful September, Nomad Foods is targeting €200m ($233.1m) successful operational savings implicit its 2026 to 2028 fiscal years, with efficiencies expected crossed procurement, logistics and overheads.
At the time, the institution said the savings would beryllium “broad-based”, though the biggest publication is acceptable to travel from a procurement translation programme.
It is besides looking to amended utilisation crossed its manufacturing network, trim logistics costs and unlock overhead efficiencies.
Nomad Foods believes the savings volition let the concern to marque “targeted reinvestments” and “mitigate” unit from inflation.
Production presently carried retired astatine Rorschach, including frozen meals specified arsenic Plätzli, lasagne and cannelloni sold nether the Findus marque successful Switzerland, would beryllium transferred to different facilities successful Italy and Spain.
Eduardo Bachiega, Nomad Foods' main proviso officer, said: “This is simply a precise hard determination and implicit the coming months we volition enactment intimately with each affected employees to supply enactment passim this transition.”
The institution said proviso to the Swiss marketplace would not beryllium disrupted.
The announcement comes arsenic Nomad Foods navigates a challenging trading environment.
Two months ago, main enforcement Dominic Brisby, who took implicit successful January, described the concern arsenic being successful a “transition year” marked by “some near-term turbulence”.
In 2025, integrated income fell 1.9% to €3bn, with volumes down 1.4% and price/mix slipping 0.5%.
Reported gross declined 2.2%. For 2026, the institution expects integrated income to autumn by a further 2-5%.
Adjusted EBITDA is forecast to diminution 5-10%, aft falling 7.5% successful 2025, portion adjusted EPS is expected to driblet 4-13%, compared to a 6.7% diminution past year.
"Nomad Foods to adjacent mill successful Switzerland" was primitively created and published by Just Food, a GlobalData owned brand.
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