Fantastic Holdings logo

FAN - Fantastic Holdings News Story

A$3.5 0.0  0.0%

Last Trade - 12/12/16

Consumer Cyclicals
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  
 ((For more news, please click here  FAN.AX )) 
 ((Bengaluru Newsroom; +91 80 6749 1130))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.