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Swell result: Billabong profit waxes
1points
US teenagers' thirst for branded products has pushed surfwear retailer Billabong to a full-year profit slightly ahead of expectations. Billabong yesterday filed a profit of $156 million for the 12 months to the end of June, well up on last year's $125 million which in turn had been considerably higher than the previous year's $87 million.
Source: http://www.theaustralian.news.com.au/story/0,20867,20220570-…
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