Breville Group Ltd - Company Profile
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Business Description
Breville Group Ltd (Breville) is a manufacturer and distributor of kitchen products and electrical appliances. The company offers product such as coffee and espresso, juicers and blenders, ovens, air fryers and microwaves, grills, presses and toasters, cookers, water and tea, food prep, air appliances, specialty appliances, and fridge filters. It sells its products under Breville, Aquaport, Kambrook, Cli-mate, and Sage brands.
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R&D Overview
Breville Group focuses on the development of sustainable materials, and investing in product development and innovation, focusing on understanding food and consumer preferences. The company uses an innovation funnel in its new product development process, with sustainable materials and repairability by increasingly its sales estimates and commercial assessments of potential projects. In FY2023, the company incurred expenses of AUD194 million on tech services, R&D, solutions, and marketing, as a percentage stood at 13.1%.
Business Segments
Overview
Sells products designed and developed by a third party. Products sold under own brands, including Breville and Kambrook), and distributes products under a third-party brand such as Nespresso. Generates revenue from the US, Canada, Australia and New Zealand
Performance
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Overview
Designs, develops and sells premium kitchen products. Sells its products directly or though third parties Major brands include Breville, Sage, Baratza, and Lelit. Operates in Americas, EMEA and APAC.
Performance
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