The success comes after the company, which manufactures steel lintels and roof windows for the construction industry, brought forward research and development into new products and further developed the skills of its team.
Keystone was supported by Invest NI and the European Regional Development Fund and enabled the firm to target new geographical markets in continental Europe.
Throughout the projects, Keystone has worked closely with its workforce, whose support and co-operation were crucial factors in implementing extensive efficiencies throughout the business.
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Commending the firm's success, Enterprise Minister Arlene Foster said: "Keystone has acted decisively in response to these conditions, gaining staff buy-in and implementing innovative and forward-thinking projects that can not only help sustain its operations in the short term but also assist in securing its long term viability.
"By continuing to improve its extensive product range and focusing on attracting new international clients, Keystone is an excellent example of how local businesses can adapt as they navigate the downturn."
Keystone Group General Manager Eithne Kelly said the speed of the construction downturn had a dramatic impact on demand for the firm's products.
"Realising that we could no longer continue to target the same regular clients, we focused our marketing efforts on new areas whilst also building our capability for the future.
"With extensive support from Invest NI, we accelerated our research and development activities and identified methods to reduce our overheads.
"Together with a programme of staff training and development, these steps have enabled us to seize upon new sources of revenue in emerging markets."
The General Manager added: "This is a tribute to the loyalty and commitment of our team and places us at the forefront when the industry recovers and opportunities become more common."
(PR/KMcA)
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