According to an investor relations report from Billabong released this morning, Billabong’s global sales revenues were down 13.5%, and the company saw an $859.5 million net loss after tax (after $867.2 million of predominately non-cash significant items) for the year ended June 30, 2013. The company, which recently announced a refinancing through Altamont Capital Group, also says it is nearing the final stages of that process. Here’s the full report from Billabong:
GOLD COAST, 27 August, 2013: Billabong International Limited (“Billabong”, the “Company” or the “Group”) today announces its full year financial results for the 12 months ended 30 June 2013.
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