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
2

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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