Norman Broadbent (GB:NBB) has released an update.
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Norman Broadbent PLC, a renowned Executive Search and Interim Management firm, reported a Net Fee Income (NFI) of £2.15 million for Q1 2024, marking a 12% decrease from Q1 2023 but a 47% increase from Q1 2022. Despite the drop, the company has seen a strong start to Q2 with increased proposal volume and value, and is gearing up for growth with five new fee earners in specialized sectors. CEO Kevin Davidson expressed confidence in the firm’s positive trajectory and its goal to surpass £1.25 million EBITDA by FY2025.
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