The London-based group turned in a gross profit hike of over 377% to 3.4m for the year ended 31 December 2003, on turnover up nearly 300% to 20.9m. The results included the first full-year contribution from ControlP, acquired in September 2002, and the group also achieved organic growth of almost 120%.

TripleArc also recorded its first net cash inflow for operating activities of 1.6m, a 3.4m improvement on 2002.

Chief executive Jason Cromack said that acquisitions the size of Access Plus, which it bought for over 40m in a reverse takeover last November, were unlikely.

However, he pointed out that the group had historically made acquisitions every September or October and that it would look at bolt-on offerings that improve and enhance our service to our customers.

He refused to be drawn on specific plans but confirmed that any acquisitions activity was unlikely ahead of TripleArcs interim results in August.

[0] TripleArc will be attending Drupa in conjunction with business partner Hewlett-Packard Print and Imaging Division. Together they will promote the edit2print and iPMS solutions integrated into ProductionFlow, which is the workflow for HPs Indigo digital presses.