Monday, 27 March 2017

Dyson 'enormously optimistic' about post-Brexit trade

Sir James Dyson has said UK business success lies beyond Europe because that is where the fastest growth lies.

The billionaire, who was a prominent backer of Brexit, told the BBC he was "enormously optimistic" about trading with the rest of the world.

His comments came as his engineering firm Dyson reported a 41% increase in profits to £631m.

The popularity of its vacuum cleaners in fast-growing Asian markets was a major reason for the rise.

The company said sales of its products increased by 45% to £2.5bn, helped by growth of 244% in China, 266% in Indonesia and 200% in the Philippines.
The success of new product lines such as hair dryers also fuelled growth.

BBC    News.