These 8 British companies will get a huge boost from sterling's crash against the euro

On Tuesday, the FTSE 100 surged to its record high of 7,128 points, boosted massively by the crash in the pound that has seen Britain's currency fall more than 17% since the vote to leave the European Union.

The index is full of mining companies, oil firms, and pharmaceutical giants that use the UK as a base but tend to denominate their assets in dollars.

About 70% of the revenue of the companies that make up the FTSE 100 is derived from abroad, meaning they make more money when sterling is weak.

However, Credit Suisse argues that UK companies that do a lot of business in euros could be the next firms to benefit from the sterling crash, as the pound will continue to weaken against the single currency in the coming months, boosting companies that do a lot of business on the continent.

"The house view is GBPEUR 1.16 in 12 months' time. However, we are slightly more bearish and would now expect GBPEUR to trade down to 1.05 (previously 1.10), having turned bearish on the pair a year ago. We think euro area GDP growth delivers (and maybe positively surprises) and Italian political risk is overstated. GBPEUR is only close to PPP," CS analysts led by Andrew Garthwaite argue in a note circulated to clients on Wednesday.

"Thus, continue to buy UK-listed Continental European earnings," the note adds.

Business Insider decided to round-up the companies listed by Credit Suisse as having the highest levels of sales exposure on continental Europe, and will, therefore benefit substantially from the pound crashing even further against the euro.