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Tourism Holdings Limited ( (AU:THL) ) has shared an announcement.
Tourism Holdings Limited (thl) reported a challenging fiscal year 2025, with a significant decline in profits due to subdued global consumer demand for RVs and other economic uncertainties. Despite these challenges, thl benefited from a recovery in international tourism, particularly in Canada, Australia, and New Zealand, which helped offset some of the negative impacts. The company achieved record EBIT results in its New Zealand Rentals & Sales and Tourism businesses, while also experiencing strong RV rental performance in Australia. However, the U.S. market faced difficulties due to decreased international travel sentiment. In response to the financial performance, thl’s Board and Management have taken steps to consolidate and refocus on markets with more promising growth prospects.
The most recent analyst rating on (AU:THL) stock is a Buy with a A$2.94 price target. To see the full list of analyst forecasts on Tourism Holdings Limited stock, see the AU:THL Stock Forecast page.
More about Tourism Holdings Limited
Tourism Holdings Limited (thl) is a global tourism operator listed on the NZX and ASX, recognized as the largest commercial RV rental operator worldwide. The company operates various rental, manufacturing, retail, and tourism brands across New Zealand, Australia, North America, the UK, and Europe. Their offerings include RV rentals, travel technology, and tourism attractions, positioning them as a significant player in the tourism and RV rental industry.
Average Trading Volume: 33,251
Technical Sentiment Signal: Buy
Current Market Cap: A$482.8M
Find detailed analytics on THL stock on TipRanks’ Stock Analysis page.