Billabong sees 2.5 times higher profits by 2016

The new management of Billabong International, led by Launa Inman, has unveiled a new “transformation strategy” which, it claims, should lead the company to generate an annual operating Ebitda of at least 210 million Australian dollars (€173.5m-$217.9m) for the year ending in June 2016, at a total capital cost of ...

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