Billabong manages to book profits in four years

Billabong International announcing its full-year financial results to June 30, 2015, said turnaround accelerating with net profit after tax, including significant items and discontinued businesses (NPAT) of 4.2 million Australian dollars (2.9 million dollars) compared to a 233.7 million Australian dollars (166.2 million dollars) loss for the previous corresponding period. Excluding significant items and discontinued businesses, EBITDA for the period was up 8.8 percent on the pcp.