Prime People, the property recruitment specialist, is anticipating that its first half profits will be well ahead of last year despite ongoing investment in the group's overseas activities.

The recruitment company reported that net fee income the first half to 30 September 2007 is 45% ahead of the same period last year at £7.1m.

The company said: “We continue to see strong demand both in the UK and internationally for qualified professionals across the sectors that we serve, with no indication from clients that their recruitment plans are being impacted by current conditions in the financial markets or the UK property cycle. In particular, the long term nature of major infrastructure projects and current investment and
development plans worldwide continue to provide us with a range of different opportunities for the medium term growth of our business.”

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