The executive search firm reported half-year net fee income of £5.3m, down from a record £6m a year earlier, with second-quarter momentum underpinning confidence in a stronger second half.

The AIM-listed executive search firm has appointed David Nobbs as Managing Director to head its global Consumer Markets practice from August 2026.

The executive search firm's second-quarter momentum points to a record second half, even as cumulative first-half net fee income trails the prior year's high.

The recruiter told investors that it expects Net Fee Income to rise in FY26 in line with market forecasts of £13.1m.

Norman Broadbent reported Q1 net fee income of £2.2m (Q1 25: £3m), said it added four fee earners and acquired Society, and reiterated that it expects NFI growth in FY26.