Tourism Holdings aims for $100m net profit by FY2026

(Image: Tourism Holdings)

Thu, 19 Oct 2023

Tourism Holdings has its sights set on a $100 million net profit in the 2026 financial year, largely through organic growth and merger synergies.The company reported underlying pro forma net profit of $77.1 million in the year to June 30 and statutory net profit of $49.9m. “While we recognise that in the short-term the current macroeconomic conditions will create some volatility, particularly in the North American market, we do have confidence in the long-term direction of this business,” chair Cathy Quinn told the annual gener...

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