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 products such as coffee and espresso, juicers and blenders, ovens, air fryers and microwaves, grills, toasted sandwich maker, cookers, water and tea, food prep, specialty appliances, and fridge filters.
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R&D Overview
Breville Group's R&D arm focuses on innovation and development of new products. The company focuses on food and consumer interaction, applying this knowledge to create valuable and differentiated solutions. Breville Group invests in intellectual property protection and development of a portfolio of patented innovative products for sustainable growth. The company has also released new products, including the InFizz range, a new food processor range, and the Oracle Jet. Additionally, the R&D team has completed the discovery phase of the Forever Project, aiming to reduce the carbon impact of its products. In FY2024, the company incurred expenses of AUD214.1 million on tech services, R&D, solutions, and marketing, as a percentage stood at 14%.
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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