HydroDec Group plc provided earnings guidance for the first quarter of 2017. For the quarter, the company expects revenue growth (from continuing operations) of approximately 25% compared to first quarter 2016, on volumes of 7.7 million litres against 8.2 million litres a year ago. Transformer oil sales are expected to grow to 47% of all oil sales for the first quarter against 24% a year ago, leading to a significant increase in margin of approximately 10c per litre on the prior year. The company expects to achieve positive EBITDA in the first quarter, traditionally the most difficult period of the year, particularly in respect of feedstock collection and availability.