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Bagir Group warns on half year figures

Tue, 22nd Jul 2014 11:18

Shares in tailoring firm Bagir Group lost more than a fifth of their value on Tuesday after it warned it would deliver an annual pre-tax loss of around $2m, with revenue coming in at the lower end of its expectations at $48m. The group had previously predicted full-year revenue would total between $100-104m. Earnings before interest, tax, depreciation and amortisation (EBITDA) is set to total $1.6m, compared to previous full-year expectations of $4-6m. The figure does not include the initial public offering costs of $0.3m. Net debt at June 30th 2014 was approximately $9m.Shares had fallen 21.88% to 9.38p by 10:17.NR
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18 May 2020 18:12

Bagir To Liquidate Due To Financial Uncertainty Amid Covid-19 Pandemic

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14 Apr 2020 13:24

UK TRADING UPDATE SUMMARY: Companies Cut Pay To Mitigate Virus Impact

UK TRADING UPDATE SUMMARY: Companies Cut Pay To Mitigate Virus Impact

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3 Apr 2020 11:41

UK TRADING UPDATE SUMMARY: Bagir Says Cash Insufficient To Carry On

UK TRADING UPDATE SUMMARY: Bagir Says Cash Insufficient To Carry On

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25 Mar 2020 18:17

UK TRADING UPDATE SUMMARY: MJ Gleeson To Cease Build Operations

UK TRADING UPDATE SUMMARY: MJ Gleeson To Cease Build Operations

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21 Feb 2020 11:50

Bagir upbeat on outlook as it decides to sue Shandong Ruyi

(Sharecast News) - Tailoring company Bagir confirmed on Friday that it has decided to take legal action against the Shandong Ruyi Group, alleging breach of contract.

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21 Feb 2020 11:05

Bagir Launches Legal Claim Against China's Shandong Ruyi

Bagir Launches Legal Claim Against China's Shandong Ruyi

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13 Feb 2020 14:53

Bagir Group Non-Executive Chair Laws Steps Down After Five Years

Bagir Group Non-Executive Chair Laws Steps Down After Five Years

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26 Sep 2019 11:49

Bagir Shares Fall On Challenging Market Warning Despite Solid Interims

Bagir Shares Fall On Challenging Market Warning Despite Solid Interims

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25 Jun 2019 14:56

Bagir Boss Itzhak To Leave Mid July; Ex-Finance Chief Ronen Replaces

(Alliance News) - Bagir Group Ltd said Tuesday that Chief Executive Officer Eran Itzhak will leave the tailoring firm in mid-July due to unspecified "personal reasons", with former boss

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25 Jun 2019 09:09

Bagir CEO to stand down, former CFO to return

(Sharecast News) - Tailoring outfit Bagir revealed on Tuesday that chief executive Ehran Itzhak would be standing down from the company on 15 July due to undisclosed personal reasons.

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19 Jun 2019 12:01

WINNERS & LOSERS SUMMARY: Saga Down As It Cautions On Tour Operations

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 1.6%. The equipment rental firm was extending

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19 Jun 2019 11:21

Bagir Shares Plunge 30% As Investor Given More Time To Gather Funds

(Alliance News) - Shares fell in Bagir Group Ltd on Wednesday as it agreed with Shandong Ruyi Technology Group Ltd on a further extension of the completion date of its USD16.5 million addition, it

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31 May 2019 10:46

WINNERS & LOSERS SUMMARY: Whitbread Up On GBP2 Billion Capital Return

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 2.1%. Goldman Sachs upgraded the support a

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4 Apr 2019 11:19

Bagir Annual Loss Widens, Confident For 2019 On Cost Base Reduction

LONDON (Alliance News) - Bagir Group Ltd on Thursday reported a widened annual loss on a "challenging" market environment, but saw a rise in revenue.Shares in the tailoring firm a

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4 Apr 2019 08:20

Bagir Group soars as revenue climbs despite 'challenging' conditions

(Sharecast News) - Bagir Group's shares soared on Thursday after new client wins and increased purchase orders from existing customers helped the company sew up a revenue increase despite "a challenging market environment".

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