Freedom Insurance Group Ltd. provided earnings guidance for the first half of 2018. For the first half, net revenue is expected to be 3% to 11% higher than First half of 2017, due to higher trail commissions on the growing in-force book and favorable retention experience, partly offset by lower upfront revenue from sales. Operating costs in first half of 2018 are projected to be between $19.0 million and $20.0 million. EBITDA is estimated to be in the range of $7.5 million to $9.0 million excluding the $3.3 million gain on the sale of the NobleOak investment, and between $10.8 million to $12.3 million including the share sale. This compares with $11.1 million Pro-forma EBITDA in first half of 2017. Total sales are expected to be $27.0 million to $29.0 million. Net revenue are expected to be $26.5 million to $28.5 million.