I'm expecting a strong result Thursday.
With the US economy recovering and Breville's US revenues 'soon' set to outstrip revenues from AUS/NZ and the first full year of the UK 'sage' brand.
This business(sage), which launched in May 2013, distributes Breville designed and developed products under a new company-owned brand, Sage, which is endorsed by internationally acclaimed chef Heston Blumenthal.
Will be interesting to see what sort of margins they can achieve with this brand given - The UK business launched with a range of 17 Breville designed premium flagship products with premium retailers including John Lewis, Lakeland, Amazon, Selfridges, House of Fraser, Debenhams, and Harrods.
The half year result illustrated that BRG is doing a good job of covering for the profits that disappeared with the loss of the Keurig deal.
BRG Price at posting:
$8.52 Sentiment: Hold Disclosure: Held
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(20min delay)