LONDON (ShareCast) - Transport equipment and marine container hire group Axis Intermodal saw growth across all of its operations in 2007 and expects the trend to continue in 2008.

Pre-tax profit in 2007 edged higher to £0.56m from $0.53m on revenue that grew to £12.1m from £9.1m.

During the year the group expanded its representation to include the Far East and the US while at the same time strengthening operation in the Benelux and Nordic countries, plus Portugal and Spain. The group sees plenty of opportunities to continue to grow in all its markets this year.

“The ability to grow the business through working with our funding partners and managing assets on their behalf allows us to expand our fleet with little risk to our balance sheet,” said executive chairman Robert Montague.

A final dividend of 0.25p has been proposed, making total dividend payments for the year of 0.40p, up from 0.30p in 2006.

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