Window, door and conservatory manufacturer CR Smith toasted sparkling revenue growth after revealing it boosted income by 17% during the year to the end of March.
The major Fife employer said it had seen “steady improvement” across all areas of the business, despite a generally declining trend in wider consumer spending.
Sales revenue reached £18.4 million in the period, up from £15.7m in the previous year.
Operating profits at the Dunfermline-based firm increased more than six-fold, from £41,000 in 2011 to £272,000 last year.
The company also revealed it had boosted its employee numbers by more than 10% from 300 to a total of 333 across manufacturing, installation, sales and customer service over the year.
CR Smith, which is based at the town’s Gardeners Street, said there was continuing growth in demand for the best quality goods and services despite the economic downturn.
Owner-chairman Gerard Eadie said his company had invested in its products and people.
He said the numbers justified his firm’s approach to its business.
“We are pleased with our performance in challenging market conditions,” Mr Eadie said. “Most importantly, it justifies our positive approach to the business.
“In the current economic climate customers demand even better service and value from established good quality providers.”
The company has strong prospects for this year, he added, with new product developments in the pipeline.
Founded in 1917 by Charles Robertson Smith, the company originally operated a paint and picture-framing shop in Alloa, with a glazing facility in Dunfermline’s James Street.
By the time Mr Eadie mounted a takeover in 1977 the company had already moved into the fitting and repair of windows.
Initially serving a glazing apprenticeship with Fife Council, Mr Eadie left the local authority to set up his own firm with the aid of £50 he borrowed from his mother.
He bought glass from CR Smith’s workshop and knew the Smith family well.
At the age of 25 he paid £2,200 to take over the company and buy its Olivetti cash machine after spotting a growing trend for home ownership.
Mr Eadie realised the changing market would mean more residents taking pride in their homes, and his move pre-empted the success of double-glazing and other home improvements.
CR Smith moved to its current HQ in 1981. A purpose-built factory was opened in Cowdenbeath in 1985 to replace premises in Dalgety Bay and an earlier workshop in Lochgelly.
Mr Eadie was a made a CBE in 2011 for services to the glazing industry and voluntary sector in Scotland.