Friday February 21, 2020

Storit plans expansion after revenue jumps

After a bumper year, Frank Salmon’s data storage business is looking for growth opportunites

16th May, 2015

Technology entrepreneur Frank Salmon has his sights set on further growth this year, after his company Storit reported a double-digit jump in revenues last year.

Storit, the holding company for CMS Distribution, Salmon’s data storage business, recently announced pre-tax profits of €4.3 million for 2014, after a 30 per cent increase in revenues last year.

With revenues of more than €230 million, 2014 was the best year in the company’s history, according to Salmon, its...

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