Tourism Holdings profit drops 36%, NZ division outperforms

(Image: Supplied)

Tue, 25 Feb 2025

Campervan sales and rental company Tourism Holdings has reported a steep decline in profit.Its chair described the past year as “the most difficult period for the RV sales industry in decades”, but the New Zealand division is outperforming as geopolitical pressures affect other markets.In its interim six-month result to Dec 31, 2024, the firm reported a statutory net profit after tax (Npat) of $25.3 million, down a significant 36% or $13.2m on the prior corresponding period.However, total sales grew, with revenue increasing to $458....

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