Stock Analysis

Breville Group Full Year 2024 Earnings: EPS Beats Expectations

ASX:BRG
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Breville Group (ASX:BRG) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$1.53b (up 3.5% from FY 2023).
  • Net income: AU$118.5m (up 7.5% from FY 2023).
  • Profit margin: 7.7% (up from 7.5% in FY 2023). The increase in margin was driven by higher revenue.
  • EPS: AU$0.83 (up from AU$0.77 in FY 2023).
revenue-and-expenses-breakdown
ASX:BRG Revenue and Expenses Breakdown August 23rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Breville Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%.

The primary driver behind last 12 months revenue was the Global Product segment contributing a total revenue of AU$1.34b (87% of total revenue). Notably, cost of sales worth AU$973.1m amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to AU$210.0m (48% of total expenses). Explore how BRG's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Global Consumer Durables industry.

Performance of the market in Australia.

The company's shares are up 7.9% from a week ago.

Valuation

Breville Group's financial results now indicate the company's shares could be facing some headwinds based on 6 important indicators. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

Valuation is complex, but we're here to simplify it.

Discover if Breville Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.