Tourism Holdings Reports Resilient Financial Outlook

Tourism Holdings Limited (AU:THL) has released an update.

Tourism Holdings Limited (thl), the world’s largest commercial RV rental operator, has reported a net profit after tax of $51.8 million for FY24, falling short of its target due to challenges in the Northern Hemisphere and Australian markets. Despite a disappointing share price trend and a profit downgrade earlier this year, thl has successfully refinanced its bank facilities, highlighting lender confidence and the company’s financial resilience. The company remains optimistic about its future prospects, citing strong performances in New Zealand and Australia.

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