Tourism Holdings Sees Fiscal 2025 Profit at Lower End of Guidance Range

MT Newswires Live

2025/07/04

Tourism Holdings (ASX:THL, NZE:THL) expects fiscal 2025 underlying net profit after tax to be at the lower end of its NZ$27 million to NZ$34.4 million guidance range, citing challenges in global recreational vehicle sales and softer US performance, according to a Friday filing with the Australian and New Zealand bourses.

Manufacturing earnings from Australia and New Zealand will decline as production is scaled back, the filing said.

The company expects a potential goodwill impairment of NZ$36 million amid uncertain US travel demand.

Tourism Holdings' New Zealand shares were down more than 2% in recent Friday trade.

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