FINANCIALS: Norman Broadbent, Parity Group, Penna Consulting

International executive search firm Norman Broadbent has slipped into the red.
Thu, 26 Sep 2013International executive search firm Norman Broadbent has slipped into the red.

In the first six months of 2013 the group made a loss after tax of £258k, compared with a profit of £43k in the first six months of 2012. Revenue remained flat at £4m, with revenue from UK executive search declining by 14% to £2.9m.

UK information and digital marketing services company Parity Group announced a loss before tax of £0.52m in the first half of the year. However, after stripping out non-recurring costs of £1.02m, it made a pre-tax profit of £0.5m. This compares with a £0.09m loss in the first half of 2012. Revenues were 8.5% higher at £46.5m.

International HR consulting group Penna Consulting says its results in the early months of this financial year “are in line with management’s expectations”.

At today's Annual General Meeting, chairman Stephen Rowlinson is expected to say: “As anticipated, we are seeing growth in both revenues and margins in recruitment, and stable and substantial profits from career transition.”

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