Specialty Fashion Group Limited provided earnings guidance for the six months ended December 31, 2016. For the period, the company advised that the underlying earnings before interest, taxation, depreciation and amortization for the half year ended 31 December 2016 is expected to be approximately $30 million, subject to final auditor review. This represents an increase of approximately 11% compared with Underlying EBITDA for the half year ended 31 December 2015 of $27 million. The increase in Underlying EBITDA was achieved despite difficult trading conditions experienced across the specialty retail sector in Australia during the half year to 31 December 2016.