Prelims very clearly highlight the positive effects of management’s Recovery Plan with a reversion to sales growth in H2, a step-change in FY16 EBITDA and transformation of the balance sheet to net cash, with no bank debt. Critically the strategic changes, including reconfiguration of its geographic production, position it for significant future growth by exploiting competitive advantages from its regional hubs. The range of discussions it is having with potential customers underpins positive ou ....
08 Mar 2017
N+1 Singer - Bagir Group - Year of recovery positions group for future growth
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N+1 Singer - Bagir Group - Year of recovery positions group for future growth
Prelims very clearly highlight the positive effects of management’s Recovery Plan with a reversion to sales growth in H2, a step-change in FY16 EBITDA and transformation of the balance sheet to net cash, with no bank debt. Critically the strategic changes, including reconfiguration of its geographic production, position it for significant future growth by exploiting competitive advantages from its regional hubs. The range of discussions it is having with potential customers underpins positive ou ....