Cobham plc reaffirmed earnings guidance for the year 2018. The Board's expectations for the ongoing business in 2018 remain unchanged from those set out on 1 March 2018. There continues to be a range of potential outcomes, although the early completion of the Wireless and AvComm divestment has removed one factor from the 2018 performance. As previously announced, the Group anticipates limited cash generation in 2018. This is partly due to the pattern of receipts and payments relating to its onerous contracts with a weighting of cash outflows in the first half of 2018. The Board continues to have confidence in the Group's medium term prospects.