RIP CURL CEO MICHAEL DALY ON FY14 07.10.14
ASB Magazine: Rip Curl's net profit has grown 62 per cent to $22.9 million - a big turnaround from the $4.1 million loss in 2012 that prompted the company to cut costs and close stores. And the company is being proactive to let the market know it, prompting the SMH to again ask whether an IPO or trade sale is on the cards. "If the offers were good and genuine they'd be crazy not to pursue it. There's no doubt there's a lot of money looking for a home,” says Daly. ASB caught up with Rip Curl Group CEO to breakdown the FY14 results and to find out what influence Rip Curl Founders still have on the company today.