Breville's Record Growth
Breville achieves record A$1.8 billion FY26 revenue and strong EBIT, boosting shareholder returns with dividend.
Key Points
Breville declared an interim dividend of AUD 0.19 per ordinary share for the six months ended 30 June 2026, with the record date 11 September 2026, ex-dividend 10 September 2026 and payment scheduled for 1 October 2026.
FY26 results showed net profit after tax of AUD 138.1 million and earnings per share of 95.5 cents, alongside revenue of about AUD 1.81 billion.
Breville lodged Appendix 4G with the ASX outlining governance disclosures for the year ended 30 June 2026, aligning with ASX Corporate Governance Council recommendations.
Management highlighted external pressures, noting that US tariffs were restructured four times during the year and the closure of the Strait of Hormuz disrupted global supply chains.
Analysts on TipRanks continue to rate BRG as a Buy, with a price target around AUD 37.20, reflecting positive sentiment on Breville’s FY26 performance and outlook.
Breville Group (ASX:BRG) posted record full-year revenue of A$1.81 billion in FY26, up 6.7% from A$1.70 billion a year earlier, according to Kalkine Media. Net profit after tax came in at A$138.1 million, with earnings per share of 95.5 cents. The company declared a full-year dividend of 38 cents per share, fully franked.
The result came despite a turbulent year. US tariffs were restructured four times, and the closure of the Strait of Hormuz disrupted global supply chains. Still, Breville said margins recovered in the second half and the company entered FY27 with a healthy net cash position, as reported by Grafa.
Manufacturing Shift Away From China Pays Off
Breville completed a major manufacturing diversification push during FY26. The company now sources 85% of its 120-volt product gross profit from outside China. That shift was designed to cut exposure to US tariffs and supply chain shocks, according to Kalkine.
The move matters because US tariffs were rewritten four times in a single year. By spreading production across more countries, Breville reduced the risk that any one policy change could hurt its bottom line. Management called the diversification program complete as of the end of FY26.
Growth Markets Surge More Than 70% Each
Several newer markets delivered standout results. China, Korea, Mexico, and the Middle East each grew revenue by more than 70% during the year, according to Kalkine Media. Breville credited investments in local products, services, and technology for driving those gains.
The company has been pushing hard into international markets for several years. These results show that strategy is gaining traction. Combined, these four markets are becoming a meaningful piece of Breville's overall revenue mix.
Gross Margin Slips but Profit Holds Steady
Gross profit rose 5.0% to A$651.4 million, up from A$620.5 million in FY25, according to Kalkine Media. However, the gross margin slipped slightly to 36.0% from 36.6% a year earlier. Tariff pressures were the main culprit, squeezing margins in the first half of the year.
EBITDA grew 4.5% to A$284.1 million, up from A$271.9 million. Management said margins recovered in the second half as the supply chain diversification took hold. EBIT landed in line with guidance, and cash flow stayed strong through the year.
Analysts Bullish as Breville Eyes FY27 Expansion
Analysts remain positive on Breville's outlook. According to TipRanks data cited by Kalkine, analysts rate BRG as a Buy with a price target of around A$37.20. That reflects confidence in the company's positioning after a year of supply chain reform and market expansion.
Management plans to keep spending on growth assets, inventory, and new geographies in FY27. More detailed guidance is expected to come. Breville also filed its Appendix 4G corporate governance report with the ASX, covering the year ended 30 June 2026, according to Kalkine Media.
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