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News: FUN Funtastic expects impact on FY17 sales as result of expected loss of brands

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    April 12 (Reuters) - Funtastic Ltd (FUN) :

    • Expected impact on FY 2017 net sales as result of the expected loss of Leapfrog and Spinmaster brands
    • Have not yet had any detailed discussions with them in terms of what their plans are
    • Confirms leapfrog globally has been acquired by Vtech
    • Expected impact on FY 2017 net sales as result of expected loss of Leapfrog and Spinmaster brands is between 4% and 6% of expected FY 2016 turnover
 
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