Brunel International (BRNL) CMD 2026 summary

Strategic direction and market positioning

• Refocused on core growth verticals: conventional energy, renewables, mining, and expanded into Power & Grid and defense, leveraging global infrastructure and technology to capture opportunities in high-demand, complex markets.

• Exited non-strategic activities and right-sized cost structure, removing over €40 million in costs over two years, and simplified operations for efficiency.

• Enhanced global IT platform and AI capabilities, enabling scalable, consistent delivery and improved productivity across all markets.

• Strengthened client relationships and deepened market share through targeted execution and higher value-added services such as statement of work, PERM, and RPO.

• Emphasized culture, values, and ESG, with integrity and sustainability at the core of operations and value proposition.

Financial performance and outlook

• Achieved €1.4 billion in revenue and €16 million in profitability post-COVID, but faced market softness in 2024–2025, especially in Europe; maintained margins through cost discipline.

• Targeting high single-digit revenue growth and over 5% EBIT margin by 2029, aiming to double EBIT in absolute terms compared to 2025.

• Global business expected to grow at low double digits with ~5% EBIT margin; European business targeted for high single-digit growth and a return to ~9% profitability.

• Investments in technology, AI, and business development to drive productivity, margin improvement, and market share gains.

• Maintains a strong balance sheet with net cash, flexible dividend policy (60–100% payout), and readiness for targeted M&A in higher value-add services and new verticals.

Technology and operational transformation

• Unified global IT platform and in-house AI (NEO) enable rapid, high-quality talent matching and scalable recruitment, with global rollout ongoing through 2026.

• AI enhances productivity and matching quality, especially in complex, engineering-intensive markets where automation risk is low.

• Focused on leveraging technology to improve conversion rates, reduce manual processes, and support growth without proportional cost increases.

• Commercial discipline and global steering implemented to drive functional excellence, shared KPIs, and faster execution.

• Ongoing shift to global shared services and standardized operating models to further boost efficiency.