THL.ASX: Market update - FY26 trading performance

Market update - FY26 trading performance

Stock	Tourism Holdings Rentals Ltd (THL.ASX)
Release Time	23 Jul 2026, 7:30 a.m.
Price Sensitive	Yes

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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.