Tourism Holdings Ltd. Updates FY26 Performance
Key points
- FY26 underlying net profit after tax expected at $46 million
- Net debt as at 30 June 2026 reported at $436 million
- Forward booking trends positive in North America and Australia/NZ
Full summary
Tourism Holdings Ltd. (NZX: THL, ASX: THL) updated its trading performance for the financial year ended 30 June 2026. The company now expects underlying net profit after tax from continuing operations to be around $46 million, up from the earlier guidance of $40 million to $43 million. Key drivers include favorable year-end interest outcomes, strong late booking trends, and vehicle sales performance in New Zealand. Net debt as at 30 June 2026 was $436 million, lower than expected due to timing differences. Forward booking trends remain positive, with North America bookings significantly ahead and Australia/NZ bookings returning to growth.
Guidance
FY26 underlying net profit after tax expected around $46 million
Outlook
Tourism Holdings Ltd. is increasingly confident in the outlook for the FY27 Southern Hemisphere summer season and sees improved opportunities for growth in Australia and New Zealand.
Summary generated by a large language model. Please interpret with care.