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Full interview: Norman Broadbent returns to full-year profitability after turnaround

Norman Broadbent (LON:NBB) saw its shares jump up as the professional services firm said its turnaround has continued, with the second half of 2019 proving better than the first.

CEO Mike Brennan came into Proactive London to explain how he's personally steered that turnaround alongside a highly-committed and capable management team. 

Brennan adds it's all been about diversification of the business, offering UK SMEs a suite of services so that all the Broadbent proverbial eggs aren't in just one basket.

"A turnaround and transformation of this scale is pleasing, particularly when many in our industry are referencing lower than anticipated UK trading and significant disruption ... due to political and Brexit uncertainty." says Brennan.

Quick facts: Norman Broadbent PLC

Price: 8.12441 GBX

LSE:NBB
Market: LSE
Market Cap: £4.38 m
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Full interview: Norman Broadbent PLC hails return to profit in its first half

Norman Broadbent PLC's (LON:NBB) Mike Brennan speaks to Proactive London's Andrew Scott after announcing they've returned to profit in its first half. Brennan describes it as a major landmark for the business following a change to its business model. For the six months to June 30,...

on 4/10/19

2 min read