Billabong International news and archive

Billabong H1 net loss widens to 18.4 mn Australian dollars

Billabong International Limited reported EBITDA for the six months ended December 31, 2017 was 19.3 million Australian dollars (15 million dollars), compared with 23.9 million Australian dollars (18.6 million dollars) in the prior corresponding period, down 19.1 percent as reported and 15.9 percent in constant currency. Total revenues for the...

BusinessFeatured

Billabong's turnaround effort boosts FY17 EBITDA

In its interim trading update, Billabong International has announced that the company’s EBITDA for the year of 51.1 million Australian dollars (38.5 million dollars) was up 2.8 percent on a constant currency basis, and was less than a million dollars below the guidance range that it provided at the 2016 AGM and affirmed again in February. “The...

Apparel

Billabong online sales grow by 50 percent in FY12

For the full year, the group incurred a net loss after tax of 275.6 million dollars (Rs 1,532 crores). Revenue was down 7.9 percent in reported Australian dollar (AUD) terms (down 5 percent in constant currency terms) compared to the prior corresponding period, including online sales growth of approximately 50 percent. The group’s sales declined...