Bagir Group Ltd. provides earnings guidance for the half year ended June 30, 2014. For the year, the company expects revenue of approximately $48 million, EBITDA of approximately $1.6 million and a loss before tax of approximately $2 million. EBITDA and loss before tax exclude IPO costs of $0.3 million which are to be charged against earnings. Net debt at June 30, 2014 was approximately $9 million.

The company reported that it expected revenue for the year ending December 31, 2014 to be approximately $100 million to $104 million, with EBITDA of approximately $4 million to $6 million. While in line with the previous estimates, the company expects the full results to be at the lower end of these ranges.