Q3 2026 Trading Update

Norman Broadbent PLC

06 October 2026

 

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018

Norman Broadbent plc

(“Norman Broadbent” or the “Group”)

Q3 2026 TRADING UPDATE

Record quarter for NFI, positive outlook

Norman Broadbent (AIM: NBB), a leading Executive Search and Interim Management firm, with an ambitious growth plan to scale the business through disciplined investment in fee-earning capacity, announces a trading update for the third quarter ended 30 September 2026 (“Q3 26”).

Headlines

• NFI of £3.5m for Q3 26 was ahead of both the prior-year and prior-quarter comparators (Q3 25: £2.9m; Q2 26: £3.1m) and reflects a record quarterly NFI performance for the Group
• Secured seven net new fee earners year-to-date, consistent with the objective to invest in growth by increasing fee-earning capacity
• Current work in progress supports a positive outlook for the final quarter of 2026 and into 2027

Kevin Davidson, CEO of Norman Broadbent, said: “Q3 has been a standout quarter, with a broad-based effort across the team helping us to achieve a new record-level of quarterly NFI for the group. To do this over the summer months, and in a tough market, reflects our commercial focus and the value we gain through investing in our people. We are building on the record financial performance in 2025 and, with continued growth in new project awards in Q3, start the final quarter of this year in a good position with NFI momentum and robust levels of work in progress. Added to this, we also have the benefit of our new hires working towards their fee earning potential which builds our future NFI capability. We look ahead therefore with confidence, both in terms of delivering another strong NFI performance in Q4 to round off a successful 2026 and in building our committed and visible pipeline into 2027.”  

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]
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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