Company News Summary | 16 Feb 2021

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Breville Group Provides Investor Presentation

09:22:00 | Associate analysts

Original annuncemenet:Half Year Ended 31 December 2020 - Investor Presentation

Breville Group provided investor presentation. The Board has resolved to adjust its targeted dividend payout ratio, from 70% to 40% of EPS, having regard to the funding of company growth through geographic expansion, capital investment and selective acquisitions. The Group will aim to 100% frank its dividends. The balance sheet is not at equilibrium: Inventory and Receivables are temporarily suppressed and, thus, cash flow is temporarily overstated.

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