CORRECT: Tourism Holdings 2014 profit jumps on fatter margins, forecasts 35% jump in 2015

Tue, 26 Aug 2014

(deletes reference in penultimate paragraph to 2015 dividend) By Suze Metherell Aug. 26 (BusinessDesk) - Tourism Holdings, New Zealand and Australia's largest holiday vehicle rental business, said annual profit soared 192 percent, beating its July guidance, as profitability improves across its New Zealand, Australian and US units. Its shares jumped 8.7 percent. Profit was $11.1 million in the 12 months ended June 30, up from $3.1 million a year earlier, beating its February guidance of $10.5 million, the Auckland-based company said in...

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