Tourism Holdings says 2017 profit may rise as much as 17% on visitor growth

Tue, 18 Oct 2016

By Jonathan Underhill Oct. 18 (BusinessDesk) - Tourism Holdings said profit in the 2017 year may rise as much as 17 percent as the campervan rental company benefits from increased visitor numbers and is open to acquisitions which could be funded by debt. Chief executive Grant Webster told shareholders at their annual meeting that first-half profit is expected to rise to $9.5 million from $8.2 million a year earlier, contributing to annual earnings in the range of $27.5 million to $28.5 million, up from $24.4 million last year. Earnings...

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