Tourism Holdings (thl) has outlined its growth roadmap, highlighting key drivers and strategic initiatives that it believes will lead to improved performance in the coming years.
The company said it expects significant rental revenue growth, debt reduction, and successful implementation of its near-term cost reduction plan.
The strategic initiatives include a review of the UK and Ireland division, actions to address the manufacturing cost gap in New Zealand and Australia, a plan to reduce capital employed and improve profitability in the Australian Retail Sales division, and the acceleration of its North American synergy project.
Thl aims to achieve $100 million in net profit after tax over the next three to four years.
The company will release its financial results and integrated annual report for the 12 months ending June 30, 2025, on August 25, 2025.
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