{"id":1440,"date":"2008-08-21T18:41:12","date_gmt":"2008-08-22T01:41:12","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=1440"},"modified":"2008-08-21T18:42:15","modified_gmt":"2008-08-22T01:42:15","slug":"billabong-buys-dakine-bra-for-99-million","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=1440","title":{"rendered":"Billabong Buys Dakine, Bra For $99 Million"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/08\/billabong.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/08\/billabong.jpg','popup','width=370,height=161,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/08\/billabong-tm.jpg\" height=\"87\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Billabong\" \/><\/a>In <strong><a href=\"http:\/\/www.billabong.com\/\" target=\"_blank\">Billabong&#8217;s<\/a><\/strong> financial report today they announced the following: net profit of AUS$176.4 million, up from AUS$167.3 million a year ago.<\/p>\n<blockquote><p>Mr O&#8217;Neill said Billabong&#8217;s second half was a &#8220;highlight&#8221; as sales revenue in North America grew by 18.6 per cent, earnings in Europe rose by 20.8 per cent and Australasia recorded 19.8 per cent growth, in constant currency terms. . . . The Billabong CEO remained confident about fiscal 2009 and said good growth was evident in early forward orders in the US and Europe amid more moderate Australasian growth.<\/p><\/blockquote>\n<p>But the really big news was that Billabong announced that they were paying $99.9 million dollars for <strong><a href=\"http:\/\/www.dakine.com\/\" target=\"_blank\">DaKine Hawaii<\/a><\/strong>.<\/p>\n<blockquote><p>Mr O&#8217;Neill said: &#8220;DaKine has built a strong sales base in North America and a growing sales base in several international territories, making it a powerful addition to the group.&#8221; . . . DaKine is expected to contribute approximately 4 per cent of group sales in fiscal 2009 and be earnings per share positive in year one.<\/p><\/blockquote>\n<p>Billabong really is dakine now, gobble, gobble, gobble. Kind of makes us wish we had something to sell them.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.theaustralian.news.com.au\/story\/0,25197,24222958-20142,00.html\" target=\"_blank\">The Australian<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Billabong&#8217;s financial report today they announced the following: net profit of AUS$176.4 million, up from AUS$167.3 million a year ago. Mr O&#8217;Neill said Billabong&#8217;s second half was a &#8220;highlight&#8221; as sales revenue in North America grew by 18.6 per cent, earnings in Europe rose by 20.8 per cent and Australasia recorded 19.8 per cent [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,6,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1440"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1440"}],"version-history":[{"count":0,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/1440\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1440"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}