Company Overview
Sir James Dyson started the IT company Dyson Ltd in 1991, and it has since become famous all over the world. Dyson is a Singaporean company that designs and manufactures vacuum cleaners, air purifiers, and hair dryers. Its headquarters are at St. James Power Station. Global sales for Dyson reached £7.1 billion in 2023, up 9 percent from the previous year. The corporation has poured over £2 billion into R&D since 2021, a substantial increase from the previous year. Dyson is a multi-sector innovator that keeps releasing new products in the beauty tech, home appliance, and wearables markets.
Dyson Ltd Net Worth & Short Profile
| Category | Details |
|---|---|
| Net Worth (2023) | Estimated Net Worth: £20 billion Revenue (2023): £7.1 billion EBITDA (2023): £1.4 billion |
| Company Profile | Founded: 1991 by Sir James Dyson in Malmesbury, England Headquarters: St James Power Station, Singapore Industry: Household Appliances, Beauty Technology, Wearables Key Products: Vacuum Cleaners, Hair Dryers, Air Purifiers |
| Recent Developments | Dyson continues to expand into new markets, including wearables and beauty technology. In 2023, the company launched the Dyson Zone™ headphones and the Dyson Airstrait™ straightener, reflecting its focus on innovation and technology. |
| Key Executives | James Dyson: Founder & Chief Engineer Hanno Kirner: CEO Jake Dyson: Chief Lighting Engineer |
| Number of Employees | 14,000+ (as of 2022) |
Annual Report Summary (2023)
| Category | Details |
|---|---|
| Global Revenue (2023) | £7.1 billion (+9% vs 2022) |
| EBITDA (2023) | £1.4 billion (+9% vs 2022) |
| Total R&D Investment | £2 billion since 2021 |
| Weekly R&D Spending | £9 million |
| Major Product Launches | Dyson Airstrait straightener, 360 Vis Nav robot vacuum, Dyson Zone headphones |
| New Facilities | £166m Campus in the Philippines, Technology Centre in Bristol, New Technology Battery Facility in Singapore |
| Employee Count (2023) | 14,000+ |
| CEO | Hanno Kirner |
| Founder | Sir James Dyson |
| Key Sectors | Beauty Technology, Home Appliances, Wearables, Robotics, Digital Motors |
| Geographic Expansion | UK, Singapore, Malaysia, Philippines, New York |
Detailed Financial Statements
| Financial Statement | 2023 Figures |
|---|---|
| Revenue | £7.1 billion |
| Profit (EBITDA) | £1.4 billion |
| R&D Expenditure | £2 billion since 2021 |
| Capital Expenditure | Significant investments in new facilities globally |
| Holdings by Category | 1. R&D Investments (40%) 2. Manufacturing Facilities (30%) 3. Marketing and Sales (20%) 4. Corporate (10%) |
| Returns | 1-year: +9%, 5-year: +35%, 10-year: +78% |
| Management Remuneration | £10 million across board members and key executives |
Key Management Information
| Name | Position | Age | Tenure |
|---|---|---|---|
| Sir James Dyson | Founder & Chief Engineer | 77 | 33 years |
| Hanno Kirner | CEO | 54 | 2 years |
| Jake Dyson | Chief Lighting Engineer | 50 | 10 years |
Management Discussion & Company Performance
Improving its research and development capacities and broadening its product line were Dyson’s primary objectives in 2023. The firm has shown its dedication to innovation by significantly increasing R&D spending by over 40%. Profitability and worldwide sales have increased at a steady rate for Dyson despite the economic downturn, and the company is well-positioned for further expansion thanks to strategic investments in emerging markets and product categories. As part of its strategy to diversify away from conventional household goods, Dyson has entered the beauty tech, wearable, and next-generation home appliance markets.
| Category | Percentage |
|---|---|
| R&D Investments | 40% |
| Manufacturing Facilities | 30% |
| Marketing and Sales | 20% |
| Corporate | 10% |
Historical Performance Overview
| Period | Return |
|---|---|
| 1-Year | +9% |
| 5-Year | +35% |
| 10-Year | +78% |
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