Breville Group Limited · ASX:BRG
Breville — Investor Presentation (February 2026)
27 slides from Breville's investor presentation, Feb 12, 2026
Slide 1: ASX Announcement: Half Year Results Investor Presentation
12 February 2026 ASX Market Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000 Half Year Results Investor Presentation – Half Year Ended 31 December 2025 Attached is the Breville Group Limited Investor Presentation for the half year ended 31 December 2025. The relea
Slide 2: Half Year Results FY26 Investor Presentation
Half Year Results FY26 Investor Presentation 12 February 2026
Slide 3: Disclaimer
Disclaimer To the extent this Presentation contains any forward-looking statements, such statements are not guarantees of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of BRG, its Directors and management, and involve
Slide 4: Acknowledgement of Country
Acknowledgement of Country We would like to acknowledge the traditional custodians on whose land we meet today. We would like to pay respect to their Elders: past and present; and further extend that respect to all Aboriginal and Torres Strait Islanders present here today. We celebrate the continuin
Slide 5: Group Summary Result
Group Summary Result Record sales half; strong tariff mitigation and consistent profitability AUDm 1H26 1H25 % Growth Revenue 1,098.7 997.5 10.1% • Double-digit revenue growth, led by Coffee, with record first half revenue of $1.1bn, doubling Gross Profit 389.5 366.3 6.3% over the last 6 years Gross
Slide 6: Segment Results
Segment Results Solid Sales growth in Global segment Revenue Gross Profit Gross Margin (%) AUDm 1H26 1H25 % Growth 1H26 1H25 % Growth 1H26 1H25 Global Product 973.6 877.7 10.9% 349.0 327.9 6.4% 35.8% 37.4% % Growth CC1 9.3% Distribution 125.1 119.8 4.5% 40.5 38.4 5.4% 32.3% 32.1% TOTAL 1,098.7 997.5
Slide 7: Global Product Segment by Theatre
Global Product Segment by Theatre All Theatres showing underlying strength GLOBAL PRODUCT SEGMENT REVENUE AUDm % Growth 1H26 1H25 % Growth cc* Americas 549.5 492.4 11.6% 11.1% APAC 190.3 179.7 5.9% 6.1% EMEA 233.8 205.6 13.7% 7.6% TOTAL 973.6 877.7 10.9% 9.3% Minor differences may arise due to round
Slide 8: EBIT drivers: 1H25 – 1H26
EBIT drivers: 1H25 – 1H26 A$m -3.9 -4.9 23.2 -4.1 144.8 -7.4 -1.9 145.8 Gross Profit Key growth investments drove Core overheads increased by +$12.9m (or ~60% of increase) grew by $9.3m or $23.2m or 6.3%. or +5.8% +4.2% Overall Opex increased $22.2m or 10.0% 1H25 EBIT Gross Profit New Market Marketi
Slide 9: Financial Position at 31 December
Financial Position at 31 December Healthy balance sheet with strong underlying cashflow AUDm Dec 25 Dec 24 • Strong underlying cashflow enabled improved net debt Inventory 435.2 443.4 position despite absorbing ~$42m increase in 1H26 cash payment to US customs Receivables 515.7 479.1 • Inventory fla
Slide 10: Key Points 1H26
Key Points 1H26 • Revenue growth drivers remain robust. Double-digit revenue growth, delivering a record $1.1bn revenue half, doubling over the last 6 years, driven by direct markets, NPD, newer geographies, Coffee tailwind and resilient premium consumer demand • Significant US Tariff impact success
Slide 11: Operational & Strategic Update
Operational & Strategic Update • Manufacturing Diversification Program • Beanz Snapshot • New Products/GTM • BRG Transformation Program v4.0 10
Slide 12: Manufacturing Diversification Program on Plan
Manufacturing Diversification Program on Plan +80% of US Gross Profit Dollars Manufactured Outside of China • Program delivered against the original objective: manufacturing at least 80% of US Gross Profit dollars outside of China by the end of 1H26 • Program executed at “extreme” pace; quality leve
Slide 13: Operational & Strategic Update
Operational & Strategic Update • Manufacturing Diversification Program • Beanz Snapshot • New Products/GTM • BRG Transformation Program v4.0 12
Slide 14: Beanz Scaling Well
Beanz Scaling Well Kilos Shipped New Customers Subscriptions 97% 75% 89% CY 2024 CY 2025 CY 2024 CY 2025 CY 2024 CY 2025 Orders shipped within 1 95.1% CY25 Marketing Spend $0 day of ordering (CY25) The Beanz Service continues to grow. Production infrastructure stress tested and working as designed.
Slide 15: Operational & Strategic Update
Operational & Strategic Update • Manufacturing Diversification Program • Beanz Snapshot • New Products/GTM • BRG Transformation Program v4.0 14
Slide 16: New Products Rolling Out in FY26
New Products Rolling Out in FY26 Eye Q® Toaster 15
Slide 17: Mixed Metal Range
MixedMetal Range Metals Range 16
Slide 18: Lelit Mara X3
Lelit Mara X3 Unlocking Pressure Profiling with “ Pagaia ” • Beanz Service Update • Geographic Expansion • New Products • 2H25 Considerations & Outlook 17
Slide 19: Continuing to Invest in Store Experiences
Continuing to Invest in Store Experiences Seongsu, Korea Mexico City, Mexico 300 Door Best Buy Installation 18
Slide 20: Operational & Strategic Update
Operational & Strategic Update • Manufacturing Diversification Program • Beanz Snapshot • New Products/GTM • BRG Transformation Program v4.0 19
Slide 21: AI-Driven Enterprise: Phase IV
AI -Driven Enterprise: Phase IV Phase IV: AI-Driven Enterprise Phase III: Solutions Company Phase II: Globalisation and Marketing Optimisation Phase I: Replatform and Realign Organisation FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Phases I-III built the foundation. Phase IV amplifies eve
Slide 22: BRG Positioned in Top 13% on AI Readiness
BRG Positioned in Top 13% on AI Readiness • Cisco surveyed over 8,000 enterprises to assess AI readiness*. Only 13% qualify as “Pacesetters”—companies with infrastructure, data, governance, talent, culture, and strategy in place to execute. Pacesetters are 1.5x more likely to achieve measurable gain
Slide 23: Executing Across Three Vectors — Disciplined, Deliberate Approach
Executing Across Three Vectors —Disciplined, Deliberate Approach Kicked off Program in FY25 Top Down Training & Enablement Process Driven Agents/Process Automation Bottoms Up AI Infrastructure • Training & Enablement: Enterprise adoption achieved, now deepening capability. 1,000+ employees actively
Slide 24: Customer Service Case Study
Customer Service Case Study New Hire New Agent Onboarding 75% Turnover 65% faster lower • BRG AI is an AI Service that supports our customer service reps in customer engagements • Went live with BRG AI, globally, Support Content for the Customer Services team 10% reduction in unit replacements BRG A
Slide 25: 2H26 Considerations
2H26 Considerations • AI Transformation Program accelerating • Continued progress on manufacturing diversification (component localisation, new moves) • New manufacturing footprint will drive a different working capital shape (flatter) 24
Slide 26: FY26 Outlook
FY26 Outlook Given the magnitude of the US tariff increases our value chain is absorbing in FY26, we expect FY26 EBIT to be a slight increase over FY25 EBIT assuming: • No significant change in economic conditions in the Group’s major trading markets; • No material supply chain interruptions or tari
Slide 27: Half Year Results FY26
Half Year Results FY26 Investor Presentation 12 February 2026
Breville Group — Investor Presentation (February 2026) on 6ix