As a whole, the group companies achieved earnings before tax and interest of £2.05m on a turnover of £52m.
Its Nottingham-based direct mail arm Howitt performed the strongest, contributing a pre-tax profit of £1.02m – a 79% increase on the previous year.
Lateral Group chief executive Nick Dixon said that he was pleased with the results, but warned that "cost containment and cash conservation" were on the cards as the group prepared for "rainy days ahead".
However, the group's companies have "maintained their financial momentum" into 2009, he said.
Reflecting on a year dominated by high profile collapses in the direct mail industry, such as that of rival Blackburns, Dixon predicted that more failures in the sector were to come.
However, he said: "We are in a strong position across all our businesses to provide our clients with essential business continuity across the whole range of our services throughout 2009."
For more see this week's PrintWeek.
Lateral Group companies post 87% rise in profits
Howitt, Data Lateral, Shift Click and Dialogue Solutions, the companies within the Lateral Group have reported an 87% increase in earnings for the 12 months to December 2008.
