Billabong losses widens in the first half

Billabong’s total sales of 508.3 million Australian dollars (392 million dollars) were down 5.8 percent on constant currency, taking the sale of Sector 9 into account. Group EBITDA excluding significant items of 29.3 million Australian dollars (22 million dollars) was down 21.1percent as reported and 20.9 percent on constant currency.