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Tourism Holdings Limited Unveils Strategic Growth Roadmap

Story Highlights
  • Tourism Holdings Limited aims to boost performance by increasing rental revenue and reducing debt.
  • Strategic initiatives include optimizing divisions and addressing manufacturing cost disparities.
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Tourism Holdings Limited Unveils Strategic Growth Roadmap

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

Tourism Holdings Limited has unveiled a growth roadmap aimed at enhancing its performance over the coming years. The company plans to significantly increase rental revenue, reduce debt, and implement cost reduction strategies. Key strategic initiatives include a review of its UK & Ireland division, addressing manufacturing cost disparities between New Zealand and Australia, optimizing its Australian Retail Sales division, and accelerating its North American synergy project. These efforts are expected to position thl to achieve a net profit after tax of $100 million within three to four years.

The most recent analyst rating on (AU:THL) stock is a Hold with a A$2.02 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 brands such as Maui, Britz, Apollo, and Mighty across New Zealand, Australia, North America, and Europe. Additionally, thl is involved in manufacturing, retail, travel technology, and tourism attractions, including the Kiwi Experience and the Discover Waitomo Group.

Average Trading Volume: 47,179

Technical Sentiment Signal: Buy

Current Market Cap: A$414.6M

See more insights into THL stock on TipRanks’ Stock Analysis page.

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