Breville Group (ASX:BRG) has unveiled a landmark set of financial results for the half-year ended Dec. 31, 2025, surpassing the billion-dollar milestone with record revenues of $1.19 billion.
The 10.1% increase over the previous year marks a doubling of the company’s revenue over the last six years, a feat CEO Jim Clayton attributes to resilient premium consumer demand and a significant "coffee tailwind."
Net profit after tax saw a modest growth of 0.7% to $98.2 million, as the company navigated a contraction in gross margins from 36.7% to 35.4%.
A primary headwind was the impact of US tariffs, which Breville successfully mitigated by aggressively diversifying its manufacturing base.
80% of US gross profit is now derived from products manufactured outside of China.
The company completed 300 "store-in-store" installations at Best Buy and is currently executing an enterprise-wide AI program.
Shareholders are set to benefit from this steady performance, with the interim dividend rising 5.6% to 19 cents per share, fully franked.
While return on equity dipped slightly to 13.5%, the company’s net debt position improved to $(43.6) million, signaling a robust balance sheet as it enters the second half of the fiscal year.