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Norman Broadbent says pandemic has helped accelerate their stream-lining process

Norman Broadbent PLC's (LON:NBB) Mike Brennan talks to Proactive London's Katie Pilbeam about how the last six months has been for his professional services firm.

As a business, Brennan explains how he 'runs towards gunfire' in such an environment and refuses to 'bunker down' with reference to the coronavirus pandemic. He points out how he has maintained positive earnings in the first half of this current year despite the disruption arising from the Covid-19.

The company reported earnings (EBITDA) of £11,000 for the six months ended June 30, a period covering the UK’s lockdown period, compared to £111,000 a year ago.

Quick facts: Norman Broadbent PLC

Price: 5.25 GBX

LSE:NBB
Market: LSE
Market Cap: £2.9 m
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Norman Broadbent 'in a good position' after reporting first half profit

Norman Broadbent's (LON:NBB) Mike Brennan speaks to Proactive London's Andrew Scott after announcing the recruitment and consultancy firm will post an underlying profit for the half-year to June. Brennan says net fee income in the six months to June 30, 2020, declined by less than 10% compared...

on 29/7/20

2 min read