Executive search firm Norman Broadbent says that it traded profitably in the six months to June 2010.
The operations lost money in the first half of 2009 but a combination of reduced costs and higher revenues has moved the company into the black. There are increased levels of repeat business with clients.
There is more than £1m of cash in the bank.
At 80p a share, up 7.5p, Norman Broadbent is valued at £6.18m.
The interim figures will be published in September.
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