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