AGM Statement

RNS Number : 8820O

Prime People PLC

06 July 2010

 



06 July 2010

Prime People plc

AGM Trading Statement

Ahead of its AGM to be held today Prime People plc (AIM: PRP.L), the international built environment recruitment specialist is releasing an update on trading.

Group Net Fee Income ("NFI") for the 3 month period to 30 June is 47 per cent ahead of the same period for the prior year. 

The UK business recorded an 85 per cent increase in permanent recruitment NFI compared to the same period last year whilst the smaller freelance business, which mainly provides temporary staff to the public sector, experienced a 23 per cent decline in NFI.

NFI from our international businesses rose from 31 per cent to 36 per cent of the Group total with the Hong Kong office performing particularly strongly.

We are continuing to seek opportunities to invest in new revenue areas and those which have been commenced are showing early signs of success.

-Ends-

For further information please contact:

Prime People	020 7318 1785
Robert Macdonald, Executive Chairman
Chris Heayberd, Finance Director
Cenkos Securities	020 7397 8900
Elizabeth Bowman

 

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