Breville Group Says No 'Material' Impact Expected from US Tariffs on Fiscal Year 2025 Result; Shares Down 7%

MT Newswires Live
04-03

Breville Group (ASX:BRG) said it does not expect any "material" impact on its full fiscal year result from the recently disclosed tariffs on products manufactured outside the US, according to a Thursday filing with the Australian bourse.

The company maintained its fiscal guidance for earnings before interest and taxes growth of between 5% and 10%, the filing said.

However, input costs are expected to rise in the fiscal year 2026 due to economic uncertainty, US tariff implementation and iteration, and potential country-specific responses, per the filing.

Shares were down 7% in midday trade Thursday.

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