AGM Statement

Norman Broadbent PLC

20 May 2026

 

Norman Broadbent plc

("Norman Broadbent")

AGM Statement

FY26 expectations reiterated

Norman Broadbent (AIM: NBB), a leading Executive Search and Interim Management firm, is holding its Annual General Meeting later this morning. At the meeting, its Chairman, Peter Searle, will make the following statement:

"We remain encouraged by our trading performance and by our robust pipeline, and reiterate our confidence in a further year of NFI growth in FY26, in line with expectations¹.  We continue to make good progress in growing headcount, and with further hires anticipated in the coming weeks we look forward to our recent joiners supporting our fee-earning efforts as the year progresses.

We remain watchful of the situation in the Gulf and the state of the UK political backdrop and remain of the view that progress this year from one quarter to the next is likely to be non-linear.

We are also delighted to welcome Annette Nabavi and Steve Wardell as non-executive directors - two high quality additions to our Board who bring complementary skills and experience to the company. They join the business at a key stage as we build on our record performance in 2025 and drive growth through disciplined investment. As we expand the business, both in the UK and internationally and across service lines, we maintain our laser focus on performance, agility and culture. In this context, we were delighted to be awarded recently a 3-Star accreditation by Best Companies, recognising Norman Broadbent as a "World Class" organisation to work for². This is measured by anonymous employee feedback and is testament to our culture of doing business the right way which is at the heart of our enduring success."

(1)      The Company notes market expectations for Net Fee Income ("NFI") for FY26 is £13.1 million (FY25 as reported: £12.3 million).

(2)      Best Companies | Norman Broadbent Company Profile

Contacts: 

Norman Broadbent plc	Via Gracechurch Group
Kevin Davidson, CEO
Mehr Malik, CFO
Cavendish Capital Markets Limited (Nominated Adviser and Broker)	[phone]
Julian Blunt, Seamus Fricker, Andrea Callaghan - Corporate Finance
Jasper Berry, Matt Lewis - Sales / Corporate Broking
Gracechurch Group (Financial Media & Investor Relations )	[phone]
Murdo Montgomery	[e-mail]
Tommy Bryson
Anysia Virdi

About Norman Broadbent:

Norman Broadbent (AIM: NBB) is a professional services firm focused on executive search, senior interim management solutions and bespoke leadership advisory services working across the UK and internationally.

Established as the first UK-headquartered search firm in 1979, the firm has a 40+ year track record of shaping leadership across industries including Consumer, Financial Services, Industrials, Life Sciences, Investor and TMT.

www.normanbroadbent.com

 

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