Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Company News Summary

Breville Group Provides Investor Presentation for Half Year Ended 31 December 2020

16 Feb 2021  |  08:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: null

Breville Group provided investor presentation for Half Year Ended 31 December 2020. It reported EBIT growth rate accelerated to +29.6%. Distribution segment revenue growth 7.9 % is driven by double-digit growth in Breville Local offset by lower growth in Kambrook & Nespresso. EBIT margin marginally expanded to 13.3%; EBIT$ grew by $21.6m. It noted the balance sheet is not at equilibrium: Inventory and Receivables are temporarily suppressed and, thus, cash flow is temporarily overstated.

Please click here for full details

See more ASX300 News Announcements