The Gold Coast Bulletin

Breville on the boil

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SHARES in Breville have jumped more than 12 per cent after the appliance maker announced its full-year profit rose 8.7 per cent to $58.5 million. Total revenue for the 12 months to June 30 was up 7.7 per cent, to $652.3 million.

The company’s North American business was its star performer – growing 16.3 per cent on a constant currency basis to $303.6 million – in part due to the extension of its partnershi­p with Nespresso in the region.

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