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Small appliance maker Breville posts record sales

Carrie LaFrenz

A second-half recovery underpinned by coffee machine sales in the United States helped boost Breville’s revenue to a record $1.53 billion and propelled earnings to the top end of guidance for the 2024 financial year.

Breville has more than doubled sales over the past five years. Chief executive Jim Clayton said the new financial year has started with top-line momentum but skipped making forecasts for 2024-25.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/retail/small-appliance-maker-breville-posts-record-sales-20240820-p5k3rt