The company has posted a 23% jump in revenues and an 8% increase in profit in its 2009/10 financial year results.

Sales were up 23% across the group to $55.2m, while net profit rose 8% to $3.07m for the year ending 30 June 2010. Earnings before interest and tax (EBIT) increased 27% to $4.34m.

The company said it was “very pleased to see the group win accounts from ‘blue chip’ customers”.

TMA Australia recently picked up a $10m print management contract with Qantas, as well as a five-year contract with supermarket chain Coles worth $7m to supply in-store and distribution centre self-adhesive labels.

TMA added that it expects to grow revenues by more than 15% over the next two years on the back of the Coles and Qantas work.

As a whole, the company’s Australian and New Zealand operations – which account for 74% of the company’s turnover – yielded 28% growth.

Click here for the latest headlines from across the printing industry.

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.  

Sign up to the Sprinter newsletter