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FAN - Fantastic Holdings News Story

A$3.5 0.0  0.0%

Last Trade - 12/12/16

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £299.7m
Position in Universe th / 1827

BRIEF-Fantastic Holdings announced changes to its south Australian operations

Tue 5th July, 2016 11:51pm
July 6 (Reuters) - Fantastic Holdings Ltd  FAN.AX : 
 * Says announced changes to its south Australian operations 
 * Says anticipated that there will be staff redeployments and reductions within 
   the group 
 * Group expects FY 2016 EBIT, before the one off non recurring charges, to be approximately 30% above FY 2015 
 * In fiscal year 2016, trading has deteriorated and le cornu will incur trading 
   losses of circa $4 million 
 * Says as a consequence of the changes Fantastic Holdings Ltd will incur a one 
   off non recurring charge of $9.1 million 
 
 * Source text for Eikon  ID:nASX5HhsqJ  
 
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