Dyson's latest cordless vacuum cleaners drive sales to £2.5b

London

DYSON Ltd continues to prove making high-priced vacuum cleaners is a lucrative and growing business.

The closely held UK firm said total sales grew 45 per cent in 2016, to £2.5 billion (S$4.4 billion), largely due to demand for a new line of battery-powered cordless cleaners.

The models, first introduced two years ago and costing about £500 each, are the fastest-selling vacuums in the company's 25-year history. Dyson's profit excluding some costs surged 41 per ce…