Norman Broadbent maintains positive earnings despite coronavirus disruption
The professional services group also highlighted that its interim management and solutions businesses reported NFI increases in the first half of 48% and 22% respectively
Company
Norman Broadbent PLC
LON:NBB
Norman Broadbent PLC has a simple and straightforward objective: to help its clients manage and successfully drive change, mitigate risk, grow, and succeed. The company's portfolio of integrated Leadership Acquisition & Advisory Services, coupled with its client-first philosophy, collaborative innovative culture, and trusted brand, makes it a proven business partner. Increasingly, clients see Norman Broadbent as a problem-solving partner offering a bespoke mix of progressive high‐quality Search, Interim Management, Research & Insight, Assessment & Development solutions.
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Norman Broadbent hails flexibility as it reports underlying profit at half-year
Net fee income in the six months to June 30, 2020, declined by less than 10% compared to a year ago
Norman Broadbent returns to profit and focuses on cash collection during pandemic
The AIM-listed business reported continuing revenues increased by 22% to £11.5mln in the year to December 2019
Norman Broadbent enjoys positive underlying earnings in March and April
The coronavirus pandemic has led to some reduction in revenues but so far these have been offset by cost-cutting measures.
Norman Broadbent Group appoints new CFO
“Steve brings a significant amount of experience and expertise to us, and we look forward to him joining our senior leadership team."
Norman Broadbent opens new Cheshire office as it expands across Northern England
The firm said the new office will aim to address "increased client demand" across the North as well as from Scotland
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Norman Broadbent's group chief financial officer to step down, with recruiter returned to full-year profit
Gerrand has advised the board that he plans to leave the recruitment company in the near future and pursue other business interests
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Norman Broadbent returns to full-year profitability as turnaround continues
"A turnaround and transformation of this scale is pleasing, particularly when many in our industry are referencing lower than anticipated UK trading and significant disruption ... due to political and Brexit uncertainty."
Norman Broadbent to promote gender equality via partnership with UN Women UK
Norman Broadbent's Group CEO, Mike Brennan, said: "Inclusion and Diversity is part of our DNA underpinning much of our Client work"
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Norman Broadbent returns to profit in first half
The results also showed the company was reducing its reliance on its executive search division following efforts to rebalance the business
Norman Broadbent agrees £2mln working capital facility
"Having been through a successful transformation, we are now in growth mode and believe the additional working capital will continue to allow the group to pursue its growth strategy,” said chief executive Mike Brennan.
Jon Moulton ups stake in City professional services firm Norman Broadbent
Outspoken venture capitalist Moulton and his associate, Pierce Casey, have been long-time backers of the company, and the two mopped up some more shares today
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Norman Broadbent returns to profitability in first half as diversification pays off
The top line has continued to grow at the executive search group thanks to its diversification into other professional services areas
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Norman Broadbent revenues hit ten year high in 2018
In its results for the year ended 31 December 2018, the recruiter reported a pre-tax loss of £700,000, 54% lower than the prior year, while revenues increased by 44% to £9.4mln