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Breville benefits from ‘air fryer tailwind’

Jenny Wiggins
Jenny WigginsInfrastructure reporter

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Consumers’ willingness to keep spending on expensive coffee machines and air fryers helped the Breville Group lift net interim profits 1 per cent to $78.7 million despite rising prices.

Breville chief financial officer Martin Nicholas said premium products such as the $1199 Barista Express Impress and the $500 Joule Oven Air Fryer Pro were selling well as supply chain glitches eased, despite an average price rise of 4 per cent in the six months to December.

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/companies/retail/breville-benefits-from-air-fryer-tailwind-20230214-p5ckam