BBG billabong international limited

Aug 30 (Reuters) - Billabong International Ltd (BBG) : FY...

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    Aug 30 (Reuters) - Billabong International Ltd (BBG) :

    • 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
 
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Currently unlisted public company.

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