Business
Breville ready for ‘new normal’ as sales jump close to $1 billion – Sydney Morning Herald
The appliance maker says its range of products is well-suited to the ‘new normal’ of homebound living brought on by COVID-19, with the company seeing its sales jump 25 per cent as people stocked up on coffee machines and sandwich makers.
Appliance maker and retailer Breville says its range of products is well-suited to the ‘new normal’ of homebound living brought on by COVID-19, with the company seeing its sales jump close to the $1 billion mark as people stocked up on coffee machines and sandwich makers.
Revenue climbed 25.3 per cent to $952.2 million in the 12 months to June 30, the Sydney-based company said in a statement to the ASX on Thursday. Yet while its operating profit increased by double digits, net profit fell 1.8 p…
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