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Breville boosted revenue 10% to $1.1B, citing global growth and strategic manufacturing shifts despite U.S. tariffs.
Breville, the Australian appliance maker, reported a 10% revenue increase to over $1.1 billion for the half-year, driven by growth in the U.S., Asia-Pacific, and Europe, despite U.S. tariffs under Trump’s policies.
The company shifted 80% of its 180-voltage product manufacturing out of China to lower-tariff nations, maintained core U.S. prices, and boosted profits through selective pricing and expanded direct sales via its Beanz coffee service, which saw a 75% rise in shipments.
Earnings matched the prior year, dividends increased slightly, and the stock rose over 3% after results.
Management remains cautious amid ongoing trade uncertainties.
Breville aumentó los ingresos un 10% a $ 1.1B, citando el crecimiento global y los cambios estratégicos en la fabricación a pesar de los aranceles estadounidenses.