Breville Group Full Year 2024 Earnings: EPS Beats Expectations

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).

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.

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