Specialist printing chain Printing.com, which has extensive interests in the West Midlands, enjoyed a successful first six months, posting a 4.8 per cent increase in pre-tax profit.
The company, which has six outlets in Birmingham plus one in Sutton Coldfield and Wolverhampton, said the good performance had been built on the expansion of its network.
The six months to October 1 saw the group open 29 new centres - including one in Solihull where it acquired the former Boomerang agency - to take the portfolio up to 224.
The aim is to double this during the next three years to around 400 outlets.
The company, which has a huge production facility in Manchester, reported pretax profit of £968,000 for the period, compared with £924,000 last year.
Turnover rose 14 per cent to £6.44 million and like-for-like sales grew 12.9 per cent.
Despite the current economic climate, the company said it remained "cautiously optimistic" that growth would continue.
Chief executive Tony Rafferty, who founded the company in 1992, said: "The printing sector is one that is traditionally difficult and that has tempered optimism.
"However, we have weathered the succession of interest rate rises quite well and so we remain confident."
Investment in the Manchester plant has significantly increased production capabilities and Mr Rafferty said the aim now was to make full use of the capacity.
"We have somewhere between £15-20 million of under-utilised capacity and so we need to capitalise on this to ensure growth continues," he said.
Mr Rafferty said he was happy with the performance of new acquisitions, adding the newly-acquired franchise in Solihull was typical of the firm's growth strategy.
"We will continue to look for suitable bolt-ons in order to sustain growth," he added. The company is also expanding its over-seas markets.
It has been operating successfully in New Zealand but has now penetrated Iceland and France and Mr Rafferty said further expansion was likely providing the right markets were identified.
Printing.com is essentially designed to vend services, in addition to printing, to the highly fragmented SME marketplace, together with the corporate departments of larger firms. The company declared an interim dividend of 1p per share.