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JCB announces record £2.75bn turnover

Digger firm JCB has reported record financial results with 2011's turnover at its highest level in the company's 66-year history.

The firm said last year's £2.75bn turnover was 37% greater than in 2010.

JCB chairman Sir Anthony Bamford said: "[It] has been delivered on the back of very strong growth in both traditional markets and the emerging economies."

He said the investment showed Staffordshire-based JCB was well placed for 2012.