B3 Cable Solutions, the cable manufacturer has reported a 29% increase in UK sales to £97.4m last year, fuelled partly by soaring copper prices.
Accounts for the year to October 31, 2010, also show a 64% increase in profits to £1.1m.
The company, which makes heavy-duty copper cabling used by telecoms infrastructure firms like BT, said that of the £20.3m increase in sales achieved during the year, some £12.1 can be attributed to higher copper prices, but £8.2m is due to higher like-for-like sales.
A directors' report accompanying the firm's accounts say this is "due to the start of investment in Next Generation Access networks to meet increasing consumer broadband requirements".
B3 Cables is run by managing director Steve Ellis who said "The directors believe that the implementation of Next Generation Access Network strategies required to transform broadband to meet consumer demand will lead to a recovery in telecommunications cable volumes, which will make a significant contribution to future results."
The company also completed a £43.1m refinancing last month, when it agreed a new asset finance facility with PNC Financial Services, assisted by W2 Partners, an investment company.