Funtastic lowers FY guidance

Challenging retail environment to hit company's earnings, conditions to persist.

Funtastic Ltd has downwardly revised its full-year guidance amid a challenging retail environment and expects tough conditions to continue.

In a statement to the Australian Securities Exchange, the company said it expects earnings before interest, tax, depreciation and amortisation of between $20 million to $21 million in fiscal 2013. 

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