Norman Broadbent (LSE:NBB) reported a return to profitability for the 2025 financial year as strong growth in revenue and net fee income supported the turnaround of the executive search firm.
Revenue increased 39% year-on-year to £15.14 million, while net fee income climbed 32%. The company posted a pre-tax profit of £600,000 compared with a loss in the previous year. Underlying EBITDA rose sharply by 333% to £1.3 million, with operating expenses totalling £11.62 million.
The company said the improved profitability reflects higher productivity and tighter cost management, highlighting the operating leverage of its business model as activity levels expand. During the year, Norman Broadbent also increased investment in both headcount and internal systems to strengthen capabilities and support future growth.
Management said the performance was supported by a strategic focus on higher-quality assignments, greater sector diversification and increased international activity. The company also confirmed that it completed its turnaround strategy during the reporting period.
Following the year-end, Norman Broadbent acquired Society Limited as part of its expansion strategy. The acquisition is expected to support further growth and broaden the company’s service offering.
Looking ahead to FY26, the firm aims to expand its fee-earning capacity by at least 20%. Management noted that growth may be uneven due to ongoing market uncertainty but said the company plans to continue expanding internationally while further developing its leadership consulting services.
More about Norman Broadbent
Norman Broadbent plc is a UK-based executive search and leadership advisory firm that provides senior recruitment and consulting services to organisations across multiple sectors. The company focuses on executive search, interim management and leadership consulting, with a growing international presence and a strategy centred on higher-value assignments and diversified sector coverage.
Leave a Reply