Surfstitch Group Limited
(ASX:SRF) says that it will be undergoing some changes despite double digit growth across all its markets.
The online surf retailer will rebrand all ecommerce business to a single global brand and centralise a common platform.
The company says the integration of acquisitions has been slower than anticipated since the surprise departure of CEO Justin Cameron and forecast full year earnings of between $2-3million.
Surfstitch added that it had still not received any communication from either Mr Cameron or any private equity firm regarding offers for acquisition.
Surfstitch reported a net profit of $368,000 for the six months to the end of December 2015.