BRG 1.15% $29.49 breville group limited

Hmmm, not too sure there is much in this result that will excite...

  1. 16,802 Posts.
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    Hmmm, not too sure there is much in this result that will excite the market.

    Revenue growth slowed significantly in the second-half, and the only thing that got them close the the $59m NPAT figure that I saw some brokers expecting, was a very strong Gross Margin. That, and a soft-ish tax rate in the second-half.

    Score this a 6 out of 10 result for BRG, quality-wise, which is a far cry from the usual 9 out of 10 to whihc we have become accustomed.
 
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