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Quiksilver Inc. Message Board

  • ubank_1999 ubank_1999 Jun 3, 2010 4:05 PM Flag

    not bad...........

    Second Quarter Financial Highlights:

    * Pro-forma Adjusted EBITDA was $62.4 million compared to $45.4 million in the second quarter of fiscal 2009 despite a 5% revenue decline.
    * Gross margin improved 600 basis points to 53.2% compared to 47.2% in the second quarter of fiscal 2009 led by a 970 basis point improvement in the Americas.
    * Operating income in Europe, the company’s most profitable region, was 18.8% of revenues as gross margin improved 320 basis points to 59.9% from 56.7% in the second quarter of fiscal 2009.
    * Net debt at April 30, 2010, was $733 million, reduced by $201 million compared to $934 million at April 30, 2009.

 
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