Dyson year profits hit by higher energy costs

Newswire

LONDON, June 22 (Reuters) - British performance materials maker Dyson Group Plc reported on Thursday a drop in annual profits on the back of sharply higher energy costs and said it had closed three manufacturing plants. The company, which makes materials for use in the aerospace, automotive and telecoms sectors, posted underlying pretax profit of 4 million pounds ($7.4 million) for the year to March 31, down from 5.5 million the year before. Dyson had been expected to report profits of ...

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