Tourism Holdings may beat annual profit guidance

Tue, 01 Jul 2014

By Tina Morrison July 2 (BusinessDesk) - Tourism Holdings, the largest holiday vehicle rental business in New Zealand and Australia, may beat its annual profit guidance. The Auckland-based company expects to "meet or exceed" its February forecast for profit to rise to $10.5 million in the year ended June 30, from $3.8 million a year earlier, it said in a statement citing unaudited figures. Its earnings will be released Aug. 26, when it expects to detail forecasts for the coming financial year, it said. The company expects to achieve fu...

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