• Rental revenue expected to grow significantly in FY26 and beyond
• Strategic initiatives to improve fleet economics, optimize overheads, and reduce net debt
• Goal to exceed $100 million in net profit after tax over the next 3-4 years

Tourism Holdings Limited (thl) has released a presentation detailing the growth drivers and strategic initiatives that it believes will underpin its expected performance improvement over the coming years. The key highlights include:Rental revenue growth: thl's rentals forward book shows year-on-year double-digit percentage revenue growth in all markets except the USA. The company expects rental hire days to grow towards pre-COVID levels, supported by greater awareness of RV travel and government-backed tourism growth strategies.Strategic initiatives: thl is progressing a range of initiatives to address current challenges and enhance long-term shareholder value, including a strategic review of the UK & Ireland division, actions to address manufacturing cost gaps between New Zealand and Australia, a plan to reduce capital employed and improve profitability in the Australian Retail Sales division, and the acceleration of the North American synergy project.$100 million NPAT goal: thl believes the combination of its growth drivers and strategic initiatives positions the company to achieve its goal of $100 million in net profit after tax over the next three to four years. The company has outlined key assumptions, including rental day growth, rental yield adjustments, vehicle sales, fleet size, net debt reduction, and cost management, that must be met to reach this target.The announcement also provides an overview of thl's historical performance and future expectations for its various divisions, as well as an assessment of key risks that could affect the company's ability to achieve its NPAT goal.

thl has a goal to exceed $100 million in net profit after tax (NPAT) over the next three to four years. The key assumptions underpinning this goal include:- Rental Days: ~25% growth, remaining below FY19 levels- Rental Yields: Adjusted for inflation only- Vehicle Sales: Gross profit increases less than 10%- Fleet: ~9,000 vehicles by 30 June 2028- Net Debt: Over $100 million reduction- Total Costs and Depreciation: Single-digit percentage increase

thl believes that the combination of its growth drivers, including rental revenue growth, and strategic initiatives positions the company to achieve its goal of over $100 million in net profit after tax over the next three to four years. The company has outlined key assumptions that must be met to reach this target, including rental day growth, rental yield adjustments, vehicle sales, fleet size, net debt reduction, and cost management.