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Breville Group Limited (ASX:BRG)

ALERT: Price-sensitive ASX Announcement for BRG
Current share price for BRG : $32.870 -0.23 (-0.69%)+
Announcement
Release
19 Aug 2026 7:55AM
Price at Release
$33.100
Full Release
download
Summary
Breville Group Limited reported robust financial results for the year ended 30 June 2026, with record sales of $1.8 billion driven by strong performance in coffee and cooking segments. The company achieved a 9.7% growth in global constant currency revenue, benefiting from effective market diversification into emerging regions like China and the Middle East. Despite challenges such as inflation and tariff volatility, Breville improved its gross profit by 5% and maintained a strong cash position. Strategic investments in growth initiatives and manufacturing diversification have positioned the company well for future volatility, with EBIT results aligning with budget expectations.
Key Points
  • Breville Group Limited reported record sales of $1.8 billion for the year ended 30 June 2026.
  • The company achieved double-digit revenue growth in its coffee and cooking segments, with total global constant currency revenue growth of 9.7%.
  • New markets like China, Korea, Mexico, and the Middle East demonstrated strong growth, with some regions achieving over 70% revenue growth.
  • Gross profit increased by 5.0% to $651.4 million, despite inflationary pressures and tariff volatility.
  • Breville continued to diversify its manufacturing, which improved gross margins in the second half to 36.8%.
  • EBIT was in line with budget and guidance, showing an increase of 1.2% to $207.0 million.
  • The company maintained a strong cash flow and improved its net cash position compared to the previous year.
  • Significant investments were made in strategic growth drivers, including the expansion of new markets and store-in-store models.
  • The company has prepared for potential volatility in FY27, focusing on manufacturing diversification and inventory management.
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.