These blue chip ASX shares just hit multi-year highs

On Monday the S&P/ASX 200 Index (ASX: XJO) was on form again and pushed higher. The benchmark index rose to an 11-month high of 6,824.7 points.

While this is a big positive, some shares are performing even better. Here’s why these ASX 200 shares just hit multi-year highs or better:

The Breville share price rose to a new record-high of $30.20 yesterday. Investors have been fighting to get hold of the appliance manufacturer’s shares over the last 12 months following its strong performance in FY 2020. A shift to cooking and working at home led to an increase in demand for whitegoods such as cooking equipment and coffee machines. This underpinned a 25.3% increase in revenue to $952.2 million and an 18.2% lift in gross profit to…