Frontier Smart Technologies Group Limited provided revenue guidance for the six months ended 30 June 2017. For the period, the group expects to report revenues of circa £19.7 million, up 44% on the first half of 2016, £13.7 million, with a significant improvement in EBITDA to approximately £1.1 million against £35,000 in the first half of 2016. Revenue growth has been driven by the switch-off of FM radio in Norway, the introduction of the EU Radio Equipment Directive in June 2017 and the first revenues for Smart Audio. The Group has also benefited from the decline in Sterling against the USD since first half of 2016, with revenues expected to increase 26% in USD terms for the first half of 2017. The decline in the dollar in the last few weeks may mean that there will be less of an impact in the second half.