Billabong pleased with sales boost, although margins remain a challenge
01/03/2016
Surf and ski brand Billabong has reported sales of just over $400 million for the half-year period to December 31, 2015. This represents an increase of 7.6% compared to the same period a year earlier. Earnings suffered, though, registering an after-tax loss of more than $1.1 million, compared to a profit of more than $18 million a year earlier,...