Warpaint London PLC provided earnings guidance for the year ending 31 December 2018. As stated in the Company's interim results for the period to 30 June 2018, the outturn for the financial year is heavily dependent on second half trading. Sales in international territories, in particular the USA and the EU (excluding the UK) have remained strong and continue to see significant growth in these areas. As at 30 September 2018 Group sales to the USA were up 60% compared to the same period in 2017 (up 74% in USD terms) and sales in the EU (excluding the UK) were up 13% year on year. The company are also pleased to have recently made first domestic sales in China from newly established Chinese trading subsidiary and to have made the first Group sales into Russia. However, the UK market, as highlighted in interim results, remains challenging. The UK market, which accounted for 44% of Group sales in the first half of the year, has seen further softening recently, with retailers reducing stock levels and Christmas orders. This reduction in previously anticipated UK sales will have an impact on Group performance for the full year that will not be completely offset by better than anticipated performance in major overseas sales territories. Based on current expectations the Company's board anticipates that revenue for the year ending 31 December 2018 will be in the range of £48 million to £52 million. Consequently, the Company's board currently expects profit before tax for the year ending 31 December 2018 (excluding amortisation in connection with acquisitions and exceptional items, which total approximately £2.5 million) will be in the range of £8.5 million to £10 million. The reported level of profitability for the full year will be crucially dependent on the precise product and geographic mix of sales for the remainder of the year, the busiest period of the year for the Group.