Celebrating its first anniversary of being back in profit after seven years (CI No 2,878), printed circuit board manufacturer TDS Circuits Plc was able to improve on 1995’s pre-tax profits by 160%, with revenue up 32% to 13m pounds. The Blackburn, Lancashire-based company said this was as a direct result of its decision last fiscal year to focus on a reduced number of major customers in the communications, information technology and contract manufacturing markets, after realizing that it had been spreading its favors too widely. TDS will not be paying a dividend for the period.