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Highlights

  • BRG’s H1FY25 revenue rose by 10.1% YoY, primarily driven by improved consumer demand.
  • BRG’s net profit after tax reached AUD 97.5 million in H1FY25.
  • BRG is relocating 120V product manufacturing from China to reduce disruption risk amid ongoing US-China trade war.

ASX-listed Breville Group Limited (ASX:BRG) designs, develops, and markets small kitchen appliances globally through its Global Product and Distribution segments.

In the first half of the financial year 2025 (H1FY25), the company’s revenue rose 10.1% YoY to AUD 997.5 million, primarily driven by improved consumer demand. Meanwhile, EBITDA increased by 11.5% YoY to AUD 177.6 million and net profit after tax grew 16.1% YoY to AUD 97.5 million, up from AUD 84 million in the prior corresponding period, supported by lower interest expenses following decent cash generation in FY24.

Company Outlook

In FY25, the company expects to achieve EBIT growth of 5–10%, supported by a pipeline of upcoming product launches and continued expansion into high-growth markets such as the Middle East and China, despite ongoing macroeconomic challenges. Additionally, the company expects significant performance in its coffee and cooking categories.

The food preparation segment remains under development. considering the ongoing US-China trade war and geopolitical risks, BRG is actively relocating its 120V product manufacturing operations out of China to mitigate potential future disruptions.

Growth Prospects for Retail and Food Services Sectors

As per the Australian Bureau of Statistics (ABS) data released on 10 June 2025, business turnover across 13 industries rose by 0.3% in April 2025 on both seasonally adjusted and trend measures. The Accommodation and Food Services sector recorded 3.8% increase.

In April 2025, seven out of the 13 monitored industries experienced a boost in business turnover. Notable sectors showing improvement included Arts and Recreation Services, Transport, Postal and Warehousing, Mining, and Retail Trade. These trends reflect a positive outlook, particularly for the Retail and Food Services sectors.

Share performance of BRG

BRG shares closed at AUD 29.37 on 12 June 2025, marking a 2.10% decline for the day. While the stock recorded minor weekly and monthly gains of 0.20% and 0.55%, respectively, it has suffered notable declines over longer periods. Year-to-date, BRG has fallen 16.99%, with a six-month decline of 19.38%.

The company recorded its 52-week high of AUD 39.00 on 23 January 2025, while the 52-week low is AUD 24.33, reached on 7 April 2025.

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency, is 12 June 2025. The reference data in this report has been partly sourced from EODHD/Others.

 

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.