Stock Analysis
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- ASX:BRG
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.
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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About ASX:BRG
Breville Group
Designs, develops, markets, and distributes small electrical kitchen appliances in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.