Norman Broadbent PLC, a leading Executive Search and Interim Management firm, reported a record financial performance for FY25, with net fee income (NFI) of £12.3 million, up 32% from FY24, and underlying EBITDA of £1.3 million, a 333% increase. This strong performance was achieved despite a challenging market backdrop, driven by productivity enhancements, cost discipline, and disciplined investment in growth. The company also completed the acquisition of Society Limited, strengthening its presence in aligned sectors. The CEO highlighted the successful turnaround and the companys focus on controlling costs, building the pipeline, and executing its growth strategy. The companys financial position improved significantly, with net cash of £1.5 million at year-end, and it aims to continue investing in growth, expanding internationally, and broadening its service offerings.
**Summary**
Norman Broadbent PLC achieved record financial results in FY25, with significant growth in net fee income and EBITDA, driven by operational efficiency and strategic investments. The company strengthened its market position, completed a strategic acquisition, and improved its financial health, positioning itself for continued growth and expansion.
| Financial Metric | 2024 (£m) | 2025 (£m) | Year-on-Year Change |
|---|---|---|---|
| Net Fee Income | 9.3 | 12.3 | 32% |
| Underlying EBITDA | 0.3 | 1.3 | 333% |
| EBITDA Margin | 3% | 11% | N/A |
| Profit/(Loss) for the Period | (0.2) | 0.6 | N/A |
| Net Cash/(Debt) | 0.1 | 1.5 | 1400% |