July 6 (Reuters) - Fantastic Holdings Ltd (FAN) :
- 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
