Tourism Holdings Expects to Return to Profit in Fiscal 2026

MT Newswires Live
Oct 24

Tourism Holdings (ASX:THL, NZE:THL) said it expects to return to net profit after tax in fiscal 2026, according to a Friday filing with the Australian bourse.

The company said it expects growth in its New Zealand rentals and sales, Australian rentals, Canada, UK/Ireland, and tourism businesses. However, this will likely be partly offset by declines in the US, Australian retail, and manufacturing.

In August, the company reported that it swung to a loss of NZ$0.1172 per share in fiscal 2025 from a profit of NZ$0.1808 per sharee a year earlier.

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