Back in 1932 two Australian entrepreneurs named Bill O’Brien and Harry Norville combined their surnames together and created a company manufacturing radios out of Sydney. Fast forward 83 years and, whilst the radios may be long forgotten, kitchens all around the world now have appliances bearing the name of this growing Australian company they formed: Breville.

It’s clear to see that Breville Group Ltd (ASX: BRG) had a turbulent 2015.

After a 5% price crash yesterday it currently trades at $7.09, a whopping $1.07 off its 52-week high of $8.10, could 2016 prove to be a better year for investors in this excellent growth company?

There is no getting away from the disappointment caused by a drop in revenue and earnings this year. Perhaps the biggest concern for investors was the 6% year-over-year drop in revenue domestically.

The company placed the blame on challenging retail conditions, but with a rise in Australian consumer confidence in 2015, Breville’s management will now hope domestic growth comes back with a loud bang to support the encouraging international growth.

The international market is fast becoming Breville’s key revenue driver. In 2015 it contributed around 54% of sales, up from around 52% in 2014.

Sales in the UK, where the world-famous chef Heston Blumenthal acts as an ambassador, have seen double-digit growth this year. A further boost to the international segment should arise from Breville’s foray into the Brazilian market in 2016 through a new co-branded Tramontina by Breville range.

Another attractive aspect of Breville for investors is the dividend yield. Currently it yields a fully franked 3.7% dividend. Management has increased the dividend six years out of the last seven and analysts expect this to continue for the foreseeable future.

Currently the stock is trading on a forward price to earnings ratio of 17. Compared to the Consumer Discretionary index forward average of 20, Breville looks comparatively cheap moving forward.

With earnings expected to grow by 10% each year over the next two years, and an attractive dividend yield, I believe 2016 could be a great time to be invested in Breville Group.

The technology that's going to REPLACE the Internet is already here...

Dollar for dollar, insiders are calling it one of the biggest new markets in the history of modern business... NOW is the time to get in on the hush-hush industry that could be poised for growth of over 4,463%+ by 2020... And the 1 ASX stock that stands to grow YOUR money right alongside it! Simply click here to learn its name.

HOT OFF THE PRESSES: Motley Fool’s #1 Dividend Pick for 2017!

With its shares up 155% in just the last five years, this ‘under the radar’ consumer favourite is both a hot growth stock AND our expert’s #1 dividend pick for 2017. Now we’re pulling back the curtain for you... And all you have to do to discover the name, code and a full analysis is enter your email below!

Simply enter your email now to receive your copy of our brand-new FREE report, “The Motley Fool’s Top Dividend Stock for 2017.”

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our https://www.fool.com.au/financial-services-guide">Financial Services Guide (FSG) for more information.

Motley Fool contributor James Mickelboro has no position in any stocks mentioned. Unless otherwise noted, the author does not have a position in any stocks mentioned by the author in the comments below. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.