Salmat's profits were up 21.9 per cent to $24.3m in the first half of 2009-10 compared with $19.9m during the same period the year before. Total mail volumes were down four per cent, its Targeted Media Solutions division earnings increased by 40.5 per cent to $20.7m following strong outcomes from efficiency programmes and new business wins.rnOverall earnings before interest and tax were up 17 per cent to $45.5m compared to 39m the year before and earnings per share increased 22.4 per cent torn15.4 cents per share.
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