Prime People 3 Mos Group Net Fee Income Up 47% On Comparable

6th Jul 2010 09:58

LONDON (Dow Jones)--Prime People PLC (PRP.LN), a recruitment and training services company, announced Tuesday a Group Net Fee Income or NFI for the 3 month period to Jun. 30, is 47% ahead of the same period for the prior year. MAIN FACTS: -The U.K. business recorded an 85% 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% decline in NFI. -NFI from our international businesses rose from 31% to 36% of the Group total with the Hong Kong office performing particularly strongly. -The company are continuing to seek opportunities to invest in new revenue areas and those which have been commenced are showing early signs of success. -Shares at 0856 GMT stood at 44.50 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; [email protected] (END) Dow Jones Newswires July 06, 2010 04:58 ET (08:58 GMT)