Steinhoff International Holdings N.V. provided consolidated earnings guidance for the first half of the 2018. For the period, the Group's retail operations will deliver first half 2018 revenue of EUR 9.4 billion, compared to a preliminary restated EUR 9.3 billion for the first half of the 2017 financial year, representing a 1% increase. The EBITDA margin for the Group's Retail Operations for first half 2018 is estimated, before taking into account central costs, foreign exchange losses on cross currency loans and advisory fees, to be between 4% and 5%. This compares to a preliminary restated first half of 2017 EBITDA retail margin of between 5% and 6% calculated on an equivalent basis. It is estimated that the group's retail operations will be profitable as a whole for first half of 2018 at an operating profit level notwithstanding that the estimated EBITDA retail margin confirms the company's previously announced expectation that the Group's historical profits were materially over-stated. The company estimates that it will post a loss after taxation on a consolidated basis for first half of 2018.