National Tyre & Wheel Limited provides the following earnings guidance for the first half and full year ending 30 June 2019. NTD expects its fiscal 2019 revenue will be between $170 million and $180 million. Gross profit margins have historically been within a range of 29-32% of revenue, with the gross profit margin for fiscal 2018 being in the upper end of that range. The Company expects the fiscal 2019 gross profit margin will be at the lower end of the range, i.e. between 29-30%. The Company's fiscal 2019 EBITDA is expected to be between $16 million and $17 million. The Company expects its first half fiscal 2019 EBITDA to be between $6 million and $6.5 million, as compared with the pro forma first half fiscal 2018 EBITDA of $7.9 million. Second half is usually stronger than first half, an outcome likely to be more pronounced in fiscal 2019 due to the impact of higher marketing spend in first half and new product sales in second half.