JCB announces £365 million record profits, full report

JCB is celebrating record profits for last year.

Despite a decline in demand, sales in Africa and America have continued to grow for the Staffordshire-based company.

Business leaders say the company is vital to the economy, supporting more than 20,000 jobs in the UK.

John Willats reports.

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JCB announces record profits

The Midlands based company JCB has announced record profits for 2012. Profits rose to £365 million making it the best year in the firm's 67 year history.