Billabong triples FY loss

Embattled surfwear retailer declines to offer earnings guidance for year ahead, pays no dividend

Billabong International (BBG) declined to provide any earnings guidance for the year ahead after widening its full-year loss in fiscal 2013, but the embattled surfwear retailer does expect the securing of its short and long term financing commitments and new chief executive to herald a new era of rebuilding.

In the year to June 30, Billabong posted a net loss of $859.5 million, a 211.8% widening on the $275.6 million loss recorded in fiscal 2012. 


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles