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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: 6 GBX

Market: LSE
Market Cap: £3.23 m

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Norman Broadbent PLC's (LON:NBB) Mike Brennan tells Proactive the recruiter and management services group returned to profit in 2019. Revenues increased by 22% to £11.5mln while the group saw an £800,000 swing to a pre-tax profit of £84,000 from a loss of £741,000. Brennan says that while...

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