Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Tuesday 16 September 2014 5:02 am  |  Updated:  Friday 07 June 2019 7:08 am

A good year for Dyson: Profits up and robots in the pipeline

By: Sarah Spickernell

Add as a preferred source on Google

The improving global economy and an increase in exports to China combined to push up Dyson's underlying profits by 5 per cent to £382m in 2013.
 
An increase in popularity of its cordless vacuum cleaners also had a positive impact, raising turnover to £1.3bn from £1.2 in 2012.
 
And it doesn't stop there – more commonly known for its traditional, hand-held hoovers, Dyson is now embarking on designing a robotic option in anticipation of a wider trend.
 
“If you take a 10-year view I think the world will largely have shifted to autonomous machines and stick machines,” said chief executive Max Conze. 
 
Called the 360 Eye, the new product has already attracted pre-orders from more than 70,000 people in 190 countries, according to Dyson.
 
Dyson is currently working with a number of universities to develop new technologies, according to The Telegraph, and has just announced a £250m investment in its Malmesbury Campus.
 
The intention is to launch robotic vacuum cleaners first in Japan, where the brand is already the country's most popular and there is a widely-established robot market – the biggest in the world, in fact. Conze hopes to launch them there next year. 
 
He also recognises an untapped potential for robotic devices in the UK. “The UK is still a very underdeveloped robot market, where you need a machine that works on hard floor and on carpet,” he said.
 
Here's the 360 Eye at work:

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Dyson

Trending Articles

  • Revealed: Secret Treasury plan to tax State Pension before it is paid out

  • Two solicitors linked to Post Office scandal charged with misconduct

  • Burnham’s new chief of staff ran City firm advising Thames Water and rival Heathrow bidder

  • Barclays and Lloyds join banking sector plan for digital ID

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

More from City PM

  • Rugby needs its Premier League to step up and take control, Raine says

    Sport Business
    Breaking news event with journalists and cameras gathered, capturing a press conference in a bustling city environment
  • The fallacy of blaming rich footballers for inequality

    Opinion
    Cristiano Ronaldo celebrates a goal during the 2026 World Cup match on June 17, showcasing his iconic jersey and skills.
  • Defence and immigration help Serco weather outsourcing pressure

    Business
    Serco has benefitted from a Western increase in defence spending
  • Surging military spending boosts London-listed defence sales

    Stock Market
    Business professionals in a modern office discussing a strategic plan with charts and graphs displayed on a large screen
  • British American Tobacco shares slide as cigarette volumes decline

    Business
    British American Tobacco headquarters with falling stock prices graph, reflecting decline in cigarette volumes and share p...
  • Mishcon de Reya to roll out new ‘bonus boost’ for associates

    Legal
    Stacks of various currency bills symbolizing financial news and economic trends on a business website
  • Stockbroker boom down under boosts CMC Markets share price

    Investing
    London Stock Exchange digital tickers displaying real-time stock prices and market updates in a bustling financial setting
  • Finance’s future needs technology — but it will be defined by people

    Partner
    CIMA business conference June 26 featuring keynote speakers and industry experts discussing financial strategies

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM. All rights reserved.
About · Contact · Terms · Privacy