Jan 20 (Reuters) - Orotongroup Ltd ORL.AX :
* Asx alert-profit guidance
* At December AGM, company reported that start of FY17 was challenging
* Anticipate a H1 17 net cash position of approximately $2m, with no debt, in line with H1 16
* We now expect group H1 17 EBITDA(2) to be between $4.5m-$5.0m based on draft december 2016 management accounts
* As co moved into Boxing day and new year, group LFL sales did not improve from -8% year to date reported at AGM
* Group LFL sales are now -10% for year to date compared to +10% at same period last year Source text for Eikon: Further company coverage: ORL.AX