Speaking at the company's annual general meeting in Brisbane on Tuesday, Campbell Brothers chief executive Greg Kilmister told shareholders the company was approaching fiscal 2009 "from a position of strength".
Kilmister said that in the first four months of the new year the company's businesses continued to grow.
"We are quietly confident that the current momentum will be maintained for the foreseeable future," he added.
Kilmister said first half net profit for the current year, before unusual items, was expected to rise by about 60 per cent from the same period in fiscal 2008.
"A similar percentage increase is expected for the full year."
Campbell Brothers shares closed up 15.24 per cent, or $4.13, at $31.23, after peaking at $32.20 during the day.
Chairman Geoff McGrath also said the company's dividend distributions are also likely to rise.
"It is the board's intention to raise total dividends in-line with profit growth," McGrath said.
"However, the level of franking credits is likely to remain at around 50 per cent due to the high proportion of earnings generated overseas."
Kilmister said that the Queensland-based mining, energy, chemical and hospitality products and services conglomerate was confident of continuing with its "formidable track record of growth".
"I'm confident that with a new three-year strategic plan in place, that shareholders can look forward to excellent returns in the future," he said.
"Over the coming year you will see the positive impact on the company as that plan is implemented."
The strategy includes mitigating a currently weak US currency through negotiating non US-dollar contracts, expanding current facilities and sourcing bolt-on acquisitions.
Campbell Brothers' net profit for fiscal 2008 before one-offs rose 30 per cent to $76.82 million, while revenue grew 16.5 per cent to $772.29 million.
Gearing, calculated as total debt divided by total debt plus equity, was 36.1 per cent. Interest cover was a healthy 12.2 times.
"The underlying performance improvement is overwhelmingly driven by organic growth," Kilmister said.
"Opening new sites, increasing market share and focusing on more attractive markets.
"Acquisitions will remain an important part of our growth strategy to access new geographies and market segments, but we are not reliant on acquisitions to fuel our growth."
In fiscal 2008 the company used an average Australian-dollar to US-dollar exchange rate of 88 US cents, although Kilmister said Campbell Brothers' international exposure made foreign exchange a constant risk.
"This excellent performance was achieved despite adverse movements in foreign exchange," he said.
Running into the end of the company's previous three-year plan Campbell Brothers completely exited consumer brands, retail chemical manufacture, carpet cleaning and pest control.
A now leaner group concentrates on industrial chemicals and associated hygiene products, mining and energy laboratory services, environmental services and hospitality sector supply.
Campbell Brothers, founded in 1863 and listed in 1952, has around 6,800 employees operating in 41 countries.
