The company, which recently announced it will delist from the ASX, said its print contracts with Coles, Qantas and Perth Airport had provided the uplift.

“The directors are very pleased to see the group win major contracts from ‘blue chip’ customers, reinforcing TMA’s reputation for product quality and service capability,” said managing director Anthony Karam.

However, “evaporation of carried forward tax losses” from the company’s merger with Mark Sensing in 2008 meant that after-tax profits actually fell 23% to $2.4m.

The negative impact of the high Australian dollar also hit the publicly listed company, which has international manufacturing facilities and offices in Asia.

Karam added: “With all the challenges and uncertain economic conditions, our people’s effort and commitment is key to steering the organisation through these uncertain times.”

In its report to the ASX, the company said recent acquisitions, including its September 2010 buyout of Premier Business Group, were progressing in a “very satisfactory manner”.

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