Tourism Holdings sees 10% lift in 2016 profit, weighing up potential purchases

Mon, 23 Nov 2015

By Paul McBeth Nov. 23 (BusinessDesk) - Tourism Holdings, the campervan rental company, expects to lift profit 10 percent in the 2016 financial year, and is weighing up potential acquisitions globally and in the broader tourism industry. The Auckland-based company forecasts net profit of some $22 million in the year ending June 30, 2016, up from $20.1 million in 2015, chairman Rob Campbell told shareholders at today's annual meeting. That's after an extra $2 million being spent on building future value, which will come under greater boar...

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