The Cambridge-based digital manufacturer cited increased sales in its thermal transfer and thermal inkjet products as contributing factors for an 8% hike in sales to £156.4m, up from £144.8m.

Pre-tax profit was 13% higher than the previous year, coming in at £27.1m compared to £23.9m in 2010.

The group also noted that demand for its range of fluids, consumables and aftermarket products remained strong while there was "good progress" in its sales of continuous inkjet and laser printers.

Equipment volumes at the group were up 6%, building on a 30% increase last year while revenues in its consumables division were up 10%.

Peter Byrom, chairman at Domino Printing Sciences, said: "I am pleased to report an increase in sales of 8% against a strong prior year comparative.

"Volumes of our newer technology products, Thermal Transfer and Thermal Inkjet, were both significantly ahead of last year."

According to Domino, the group has also taken on 100 sales, marketing and service personnel over the past year while continuing to invest in its research and development division.

The group expects its investments in incremental sales and service resources to "provide the capacity necessary to enable future growth"

"While there remain some uncertainties in global economies we continue to see customers invest and believe we are well placed to develop and grow the business. The board remains confident in the prospects for the group," added Byrom.