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Billabong International Ltd (BBG.AX)

BBG.AX on Australia Stock Exchange

0.54AUD
20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Billabong International says FY revenues from cont ops down 8.9 pct
Tuesday, 29 Aug 2017 07:00pm EDT 

Aug 30 (Reuters) - Billabong International Ltd ::FY revenues from continuing operations down 8.9% to $979.5 million.FY loss attributable to members of co $77.1 million versus loss of $23.7 million a year ago.Group expects FY18 EBITDAI (excluding significant items) to exceed FY17 EBITDAI of $51.1 million.First half 2018 EBITDAI expected to be below prior corresponding period and all growth biased towards second half.Circumstances that impacted Asia Pacific performance in FY17 expected to continue to weigh on trading in region, especially in H1.In FY18 group expects to show further progress in Americas and Europe.Composition of earnings will continue to be weighted towards Asia Pacific and retail in first half of 2018.Composition of earnings will be weighted towards Americas and Europe in second half of 2018.  Full Article

Billabong International announces termination of agreement with Omni-channel solution provider
Thursday, 27 Jul 2017 07:52pm EDT 

July 28 (Reuters) - Billabong International Ltd ::Announced that company has terminated its agreement with Omni-Channel solution provider referenced in company's H117 results.Company expects to deliver overall solution materially close to its original range of budget expectations.As a result of termination of agreement, an impairment charge of approximately A$11.7m will be booked in FY17 results..  Full Article

Billabong announces appointment of Jim Howell as CFO
Wednesday, 31 May 2017 07:19pm EDT 

June 1 (Reuters) - Billabong International Ltd :announced appointment of Jim Howell as chief financial officer (cfo) of company, succeeding Peter Myers.Howell will take up his new role on 12 June 2017, based in California..  Full Article

Billabong International ecommerce sales grow 22 pct
Friday, 24 Feb 2017 05:26pm EST 

Aug 30 (Reuters) - Billabong International Ltd :Comparable retail revenue (comparable bricks & mortar stores + ecommerce) was up 0.1%.Ecommerce sales overall grew 22.0% on constant currency basis, excluding Tigerlily and Sector 9..  Full Article

Billabong International says HY total revenue down 9.6 pct
Thursday, 23 Feb 2017 05:48pm EST 

Billabong International Ltd : HY total revenue from ordinary activities $511.0 million, down 9.6 percent . HY net loss for period attributable to members $16.1 million versus loss of $1.6 million .Expected to reduce group's continuing business EBITDAI reported for financial year ended 30 June 2017 by about $8 million.  Full Article

Billabong International Ltd announces sale of Tigerlily
Wednesday, 22 Feb 2017 06:26pm EST 

Billabong International Ltd : Announces sale of Tigerlily . Entered into binding documentation to sell Tigerlily business to Crescent Capital Partners . Sale of Tigerlily will raise $60 million, with net proceeds from sale used to retire debt .Expected to contribute between $7 million and $8 million in EBITA to billabong for 2017 financial year.  Full Article

Billabong International expects FY EBITDA to be in range of A$60 to A$65 million
Monday, 21 Nov 2016 07:25pm EST 

Billabong International Ltd :Expect full year ebitda before significant items and assuming no divestments to be in range of AU$60 to $65 million.  Full Article

Billabong International expects FY EBITDA to be in range of A$60 to A$65 million
Monday, 21 Nov 2016 06:29pm EST 

Billabong International Ltd :Expect full year ebitda before significant items and assuming no divestments to be in range of AU$60 to $65 million.  Full Article

Billabong International updates on revolving credit facility
Wednesday, 13 Jul 2016 08:48pm EDT 

Billabong International Ltd : revolving credit facility . has entered into a new us$100 million asset-based credit facility with Bank Of America Merrill Lynch .  Full Article

Billabong International updates on settlement of shareholder class action proceedings
Sunday, 10 Jul 2016 06:27pm EDT 

Billabong International Ltd : Settlement of representative proceedings . Says entered into an agreement to settle the previously announced shareholder class action proceedings . Says "settlement having no material financial impact on the company's financial results at any time" . Settlement of AU $45 million is in full and final settlement of the proceedings including interest, litigation costs .  Full Article

BRIEF-Billabong International ecommerce sales grow 22 pct

* Comparable retail revenue (comparable bricks & mortar stores + ecommerce) was up 0.1%