The company’s revenue of $863m was down just 1.8 per cent from the year before and its underlying earnings of $88.6m were down 2.8 per cent.  The major blow to profits came with the cost of significant items, relating to Salmat’s digital growth strategy and operational efficiencies.

Commenting on the results, Grant Harrod, CEO of Salmat says it was a year of investment for Salmat with the company moving to strengthen its traditional businesses as well as its digital communication strategy.

He says, “We’ve managed to achieve a solid revenue result despite a challenging trading environment which has impacted many Australian businesses, confirming the resilient nature of many of Salmat’s activities and the high rate of growth in digital volumes.

“I’m confident that all areas of the business are now in a much stronger position and are well-placed to expand their market share and position Salmat as the leading marketing communications and outsourced business services company in the Australian marketplace.”

The Salmat Board declared a final dividend of 12.5 cents per share, bringing the full year total to 24 cents per share, fully franked. This represents an increase of 2.1 per cent on last year’s regular dividend.

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