Frontier Smart Technologies Group Limited provided earnings guidance for the six months ended 30 June 2018. For the period, the company expects revenues of circa USD 17.0 million and EBITDA for the period is anticipated to be a loss of approximately USD 2.1 million. As previously reported, the reduction in H1-2018 Revenue was largely due to lower retail sales of DAB radios following the completion of the FM switch-off in Norway in December 2017. This was exacerbated by Frontier's customers holding excess stock at the start of 2018 which adversely impacted Frontier's order book for Q2-2018. This was a short-term situation caused largely by overstocking by customers in Fourth Quarter 2017. In recent weeks, Frontier's radio sales orders have started to recover, and the Board expects Frontier's Digital Radio revenues to normalise in H2-2018, before returning to growth in FY-2019. Smart Audio revenues in H1-2018 are expected to be up 19% year-on-year. As highlighted in May 2018, this growth is slower than had been anticipated and reflects a delay in the uptake of voice-enabled speakers from third party brands. For fiscal year 2018, The company expects revenues to be in line with the Group's guidance given in May at approximately USD 47.7 million and full year EBITDA is expected to be c. USD 1.0 million.