Tiso Blackstar Group SE provides earnings guidance for the year ended June 30, 2018. For the period, the company expects basic loss per share ("LPS") of between 103.82 cents and 104.41 cents, compared to earnings of 2.95 cents per share for the prior comparative period; diluted LPS of between 102.07 cents and 102.65 cents, compared to earnings of 2.93 cents per share for the prior comparative period; basic earnings per share ("EPS") from continuing operations of between 1.66 cents and 4.71 cents, compared to earnings of 15.27 cents per share for the prior comparative period (restated for discontinued operations); diluted EPS from continuing operations of between 1.62 cents and 4.65 cents, compared to earnings of 15.17 cents per share for the prior comparative period (restated for discontinued operations); HLPS of between 48.35 cents and 45.82 cents, compared to a loss of 12.63 cents per share for the prior comparative period; and diluted HLPS of between 47.55 cents and 45.04 cents, compared to a loss of 12.56 cents per share for the prior comparative period. The Group's core businesses, Hirt & Carter Group, Media and Broadcast and Content, are expected to report core EBITDA growth of between 8% and 12% from ZAR 370.7 million for the prior comparative period, despite ongoing difficult economic conditions and higher input costs. The core businesses' revenue grew marginally and the businesses are well positioned for any improvement in economic activity. Despite the anticipated positive EBITDA growth, a decline in basic and diluted earnings from continuing operations is expected to be reported mainly as a result of a negative movement in other gains/losses. In the prior comparative period, other gains/losses comprised of large once-off, non- operating gains arising from the Group's wind down of non-core operations to focus on its media strategy. The Group's basic loss was significantly impacted by the results of the discontinued operations, being Consolidated Steel Industries Proprietary Limited, Robor Proprietary Limited and Kagiso Tiso Holdings Proprietary Limited, and the related impairments recognised to carry such operations at their fair value less costs to sell. The Group's headline loss per share ("HLPS") was hampered by the inclusion of trading losses from these discontinued operations.