CMS storing up an even brighter future

Storage and back-up distributor CMS Peripherals saw its revenues rise by 9.1 per cent last year and increased its net profits by 8 per cent on the back of this growth.

14th May, 2011

Storage and back-up distributor CMS Peripherals saw its revenues rise by 9.1 per cent last year and increased its net profits by 8 per cent on the back of this growth.

Its boss Frank Salmon believes that he can turn it into a €250 million company by 2014. StorIT, the holding company behind CMS’s Irish and British operations, reported turnover of €90.2 million in 2010, an increase on the €82.6 million recorded in 2009.

The firm’s margin has...

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