Tourism Holdings (thl) has provided updated guidance for underlying net profit after tax (uNPAT) in the 2025 financial year.
The company expects uNPAT to be at the lower end of the current analyst range of $27 million to $34.4m.
This guidance, which excludes one-off items, is subject to year-end procedures.
The result for FY25 reflects continued near-term earnings pressure from challenges impacting global recreational vehicle (RV) sales, as well as a year-on-year earnings decline in thl's manufacturing divisions in Australia and New Zealand.
Looking ahead to FY26, thl said it has positive opening net debt of about $500m and double-digit percentage growth in rental revenue in all markets, except for the US.
The company is currently conducting preliminary assessments of its asset values for impairment testing, particularly in relation to $36m of goodwill associated with its US business.
It expects that a goodwill impairment may be required.
See more
