Breville Group Reports Record Sales for FY26
Key points
- Record $1.8bn sales; manufacturing diversification delivered
- Global cc Rev growth 9.7%; double-digit growth in 2H26
- EBIT in line with budget and guidance
Full summary
Breville Group Limited announced full-year results for the year ended 30 June 2026, reporting record sales of $1.8 billion, a 6.7% increase. Global constant currency revenue grew by 9.7%, driven by double-digit growth in the second half of the year. The manufacturing diversification program was substantially complete, with 85% of 120-volt product gross profit sourced outside China. EBIT of $207 million was in line with budget and guidance, and gross profit increased by 5.0% to $651.4 million. The Group's financial position was strong, with net cash of $104.4 million at year-end and a dividend of 38.0 cents per share, fully franked.
Outlook
The outlook for FY27 is characterized by a resilient premium consumer, macro headwinds, and company-specific tailwinds. The Group is well-positioned to face challenges with a diversified manufacturing base and strong retailer relationships.
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