Billabong incurs a half-year loss

Billabong International reported an after-tax loss of 536.6 million Australian dollars (€419.9m-$550.2m) for the first half of its financial year, ended last Dec. 31, compared with a A$16.1 million profit during the same period the year before. The net result would have been positive without A$567.0 (€443-$578m) million in onetime writedowns in the ...

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