Breville Group on Wednesday reported a record A$1.81 billion in total sales revenue for the fiscal year ended June 30, a 6.7% increase from the prior year, as strong demand for coffee and cooking appliances offset tariff pressures and inflationary costs.
Net profit after tax attributable to members rose 1.7% to A$138.1 million, while earnings per share increased 1.2% to 95.5 cents. The company declared a final dividend of 19 cents per share, fully franked, bringing the full-year payout to 38 cents per share, up 2.7% from the previous year. Breville maintained a target payout ratio of roughly 40% of earnings per share.
The group’s net cash position stood at A$104.4 million as of June 30, supported by strong underlying cash flows and tariff refunds received under the IEEPA near year-end. These refunds partially mitigated the impact of tariff headwinds, which weighed on margins alongside transition costs tied to its manufacturing diversification program and broader inflationary pressures linked to Middle East conflicts.
Despite these pressures, Breville’s underlying demand for premium coffee and cooking appliances remained resilient, driving the record revenue performance.
