
Breville Group reports $1.81B in FY26 revenue
- Breville Group reported a 6.7% revenue increase to $1.81 billion for the 2026 financial year.
- The company posted a steady net profit after tax of $138.1 million while its stock price declined slightly.
- Management stated that future growth will be supported by their substantially completed manufacturing diversification strategy.
Breville Group (ASX:BRG) reported a 6.7% increase in FY26 revenue to $1.81 billion, driven by international market expansion.
The $1.81 billion sales figure compared to a $1.69 billion in FY25, overcoming challenges from second-half currency weaknesses.
Gross profit grew by $30.9 million or 5% to $651.4 million. Net profit after tax of $138.1 million grew by 1.7% over the prior year, supported by lower average borrowing costs throughout FY26.
"We transformed our manufacturing footprint, grew revenue to a record $1.8 billion, and delivered EBIT in line with budget and guidance in a year when US tariffs restructured four times and the closure of the Strait of Hormuz disrupted global supply chains,” said Breville Group MD and CEO Jim Clayton.
Executives stated that their supply chain transition is substantially complete, with 85% of 120-volt products sourced outside China.
Following the announcement, the Breville Group share price was down at $33.10.
The board declared a final dividend of 19 cents per share, bringing the total dividends of 38 cents per share, up from a prior-year dividend of 37 cents per share.
The final dividend is payable on Oct. 1 to shareholders on record as of Sept. 11.
The risk of oil-based supply chain disruption and cost inflation across both materials and transport continues to evolve as we begin FY27. In the US, our biggest market, the tariff environment remains fluid, and the effective tariff rate we will face in FY27 remains unclear.
Breville Group develops and distributes small electrical kitchen appliances across the Americas, Europe, and the Asia Pacific.
