As always thanks for the analysis Cam. Because we now have some numbers on Keurig I have spent the last little while trying to make sense of them. I continued to come up with a number that shows the commission level for Breville are VERY healthy. As you say as - very near to 100% based on the Nth American figures. Even a halving of this commission would seem a very good deal for BRG. Could you help explain why the Nth American Revenue figure went up 28.8% 1H12 to 1H13 but EBITDA only 14% over that period? Is it marketing spend?
I think the fact that Breville product sales as part of that mix for Nth America went up 32.4% has been lost in the noise today.
I agree the company looks in very good shape and as you have pointed out a few times the Keurig deal was always a changable "feast".
adding to the shrill shrieks, page-5
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Last
$34.54 |
Change
-0.420(1.20%) |
Mkt cap ! $4.971B | |||
| Open | High | Low | Value | Volume |
| $34.78 | $34.81 | $34.26 | $6.653M | 192.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 626 | $34.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.74 | 1015 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BRG (ASX) Chart |