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Tourism Holdings Limited Updates FY25 Guidance Amid Market Challenges

Story Highlights
  • Tourism Holdings Limited expects FY25 net profit to be at the lower end of analyst expectations due to global RV sales challenges.
  • Despite challenges, thl anticipates growth in FY26 with increased rental revenue in New Zealand and Australia.
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Tourism Holdings Limited Updates FY25 Guidance Amid Market Challenges

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An update from Tourism Holdings Limited ( (AU:THL) ) is now available.

Tourism Holdings Limited has updated its guidance for the fiscal year 2025, indicating that its underlying net profit after tax is expected to be at the lower end of the analyst range due to ongoing challenges in global RV sales and the USA market. Despite these pressures, the company anticipates a positive start to FY26 with significant growth in rental revenue in New Zealand and Australia, although the USA market shows a slight decline. The company is also assessing potential asset impairments, particularly concerning its USA business, and is working on initiatives to enhance long-term shareholder value.

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 a variety of rental, manufacturing, retail, and tourism brands across New Zealand, Australia, North America, the UK, and Europe, including popular brands like Maui, Britz, Apollo, and Road Bear RV.

Average Trading Volume: 58,075

Technical Sentiment Signal: Buy

Current Market Cap: A$460.3M

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

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