Tourism Holdings lifts 1H profit 38%, maintains annual profit forecast

Mon, 20 Feb 2017

By Sophie Boot Feb. 21 (BusinessDesk) - Tourism Holdings, the campervan rental company, lifted first-half profit 38 percent with strong tourist demand in New Zealand and Australia, and said it will at least deliver its forecast annual profit of $27 million. Net profit rose to $11.3 million in the six months ended Dec. 31, 2016, with revenue rising 9 percent to $146 million, the Auckland-based company said in a statement. The company maintained annual guidance for 2017, but said it will "continue to drive the business to exceed that expect...

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