Under new leadership Bagir’s recovery plan is now visibly bearing fruit. The break-even point has reduced significantly and H1 EBITDA rose $1.2m to $0.8m. Successful reconfiguration of production has also boosted competitiveness, especially the move to Ethiopia where demand far outstrips current supply. Alongside a strong pipeline of product innovations, Bagir is poised to revert to profitable growth via new customer wins and bigger orders. The refinancing is transformational taking the group fr ....
16 Sep 2016
N+1 Singer - Bagir Group - Growth opportunity transformed by refinancing
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N+1 Singer - Bagir Group - Growth opportunity transformed by refinancing
Under new leadership Bagir’s recovery plan is now visibly bearing fruit. The break-even point has reduced significantly and H1 EBITDA rose $1.2m to $0.8m. Successful reconfiguration of production has also boosted competitiveness, especially the move to Ethiopia where demand far outstrips current supply. Alongside a strong pipeline of product innovations, Bagir is poised to revert to profitable growth via new customer wins and bigger orders. The refinancing is transformational taking the group fr ....