Tourism Holdings hits reduced profit target - but identifies new threat

Campervan company Tourism Holdings Ltd sees cruise ships as a threat to its business. (Image: Tourism Holdings)

Tue, 27 Aug 2024

Campervan sales and rental company Tourism Holdings’ profit has hit its sharply reduced profit targets, with the company identifying a new threat to its vehicles – cruise ships.The firm, which generates most of its $922 million revenue overseas, reported an underlying net profit after tax of $51.8m, within its guidance range and slightly up on analysts’ consensus forecasts.Tourism Holdings in May issued a profit warning in which it slashed its earnings forecast for the 2024 year and today backed off any timeline for its l...

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