Breville Group’s net profit soared amid double-digit revenue growth in the fiscal first half ended December 31.

The Australian-listed home appliance company’s net profit surged 16.1 per cent year over year to US$61.2 million as revenue grew 10.1 per cent to $626.5 million.

In the Americas, product revenue rose 10.9 per cent to $309.3 million. Asia Pacific revenue climbed 16.3 per cent to $112.9 million, while Europe, the Middle East and Africa revenue jumped 15.4 per cent to $129.1 million.

However, distribution revenue fell 2.6 per cent to $75.2 million.

“All three theaters achieved double-digit global product segment revenue growth in constant currency, underpinned by double-digit growth in coffee [appliances],” said Jim Clayton, Breville Group CEO.

“The strength of our new product launches, expansion into new markets and the continuing coffee tailwind supported this growth as consumers remained loyal to trusted brands during the headwinds of ongoing cost-of-living pressures.”

Although the company expects macroeconomic uncertainties to continue in the fiscal second half, it still has plans for new product launches and venturing into new territories, including the Middle East and China.

“The unknown that we are working through is how, and when, US trade policy might further evolve with various trading partners, particularly China,” said the company.

“Our project to move 120v production out of China is in full swing, and we will continue to adapt and adjust as the rules on the field change.”

For the full year, Breville forecasts earnings before interest and taxes to grow between 5 per cent and 10 per cent.