Breville Group Limited (AU:BRG) has released an update.
Breville Group Limited reported consistent growth in its financial performance for 2024, with revenues surpassing $1.5 billion and an EBIT increase of 8%, despite macroeconomic challenges. Over the past five years, the company’s revenue and EBIT have grown at impressive compound rates, with a significant portion of sales occurring outside Australia. Additionally, the company boosted its investment in new product development and other growth initiatives, contributing to a net profit after tax increase of 7.5%.
For further insights into AU:BRG stock, check out TipRanks’ Stock Analysis page.
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