Domino Printing Sciences has had another record year, reporting sales of over 150m for the first time.


"New products have fuelled sales growth and further gains in market share have been achieved," said chairman Peter Byrom.


The new products included the BitJet 21 binary printer and the DDC3 and DGM laser products. Sales of Domino's A-Series ink-jet printers were also strong.


Pre-tax profits for the year to 31 October rose 20% to 18.1m, while sales were up 12% to 150.4m.


Domino is ceasing ink-jet print manufacturing at its Cambridge plant in the US, with some job losses as a result. It will focus on manufacturing in the UK, creating additional jobs here.


"This is part of our consolidation strategy and will mean a centralisation of our manufacturing activities," said a spokesman.


Domino has increased investment in its sales network and is also extending its OEM dealings.


"These will involve deals with OEMs based in the US and Europe, building on the success of our project with Tetra Pak in Sweden," said the spokesman.


Global sales growth was particularly strong, most noticeably in China, where Domino's revenues rose by 35%. China is now the firm's second largest market for new printer installations behind the US.


Story by Andy Scott