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Breville Group Limited (ASX:BRG)

ALERT: Price-sensitive ASX Announcement for BRG
Current share price for BRG : $31.760 -1.68 (-5.02%)+
Announcement
Release
12 Feb 2026 8:15AM
Price at Release
$33.440
Full Release
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Summary
Breville Group Limited recorded a strong financial performance for the half year ended 31 December 2025, with revenue reaching a record $1.1 billion, driven by robust growth in direct markets, new product development, and the coffee segment. The company effectively mitigated the impact of US tariffs through manufacturing diversification and strategic distribution. Breville continued to invest in new markets, marketing, and technology to fuel growth. The Manufacturing Diversification Program successfully shifted 80% of US gross profit dollars outside China. Breville's AI initiatives are progressing, enhancing efficiency across the organization and positioning it as a leader in AI readiness. The company declared a 19 cent per share interim dividend, reflecting a strong balance sheet and cash flow position.
Key Points
  • Breville Group Limited reported a record first-half revenue of $1.1 billion for the period ended 31 December 2025.
  • Double-digit revenue growth was driven by direct markets, new product development (NPD), newer geographies, and strong performance in the coffee segment.
  • The company successfully managed the impact of US tariffs by diversifying manufacturing and optimizing distribution strategies.
  • Significant investments were made in strategic growth drivers, including new market expansion, marketing, and technological development.
  • Breville's Manufacturing Diversification Program achieved 80% of US gross profit dollars manufactured outside of China.
  • The company maintains a strong underlying cash flow and a healthy balance sheet, with a net cash position of $70.1 million as of January 31, 2026.
  • Breville's AI Transformation Program is accelerating, with AI solutions being implemented across various functions and geographies.
  • Breville declared an interim dividend of 19 cents per share, a 5.6% increase compared to the previous corresponding period.
  • The company's investments in AI infrastructure have positioned it among the top 13% of companies in AI readiness according to a Cisco survey.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.