Billabong still has long wave to ride

Original article by Sue Mitchell
The Australian Financial Review – Page: 19 : 27-Feb-15

Australian-listed Billabong International has posted a 2014-15 interim net profit of $A25.7m, following a $A126.3m loss for the first half of 2013-14. The surfwear group’s EBIT from continuing operations was 4.9 per cent lower at $A42.81m. Billabong has flagged an increase in annual capital expenditure in the next few years, with an upgrade of its supply-chain systems and the implementation of an omni-channel retail platform

CORPORATES
BILLABONG INTERNATIONAL LIMITED – ASX BBG, SURF DIVE N SKI AUSTRALIA PTY LTD, SURFECTION PTY LTD, BEACH CULTURE INTERNATIONAL PTY LTD, WEST 49 INCORPORATED, RVCA

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