THL
18/12/2014 13:47
FORECAST
PRICE SENSITIVE
REL: 1347 HRS Tourism Holdings Limited
FORECAST: THL: FY15 Profit Upgrade
18 December 2014
NZX Market Release
Tourism Holdings Limited (THL)
Profit upgrade
Following the board meeting held today the Directors have upgraded the half
year and year end forecast for the year ended 30th June 2015.
With November trading completed and a more definitive view of the peak season
trading period the half year forecast Net Profit After Tax (NPAT) has been
increased to greater than $5.0 million (up from "greater than $4.0 million"
as announced at the November Annual Meeting).
The year end NPAT is now expected to be at least $17 million (increased from
"greater than $16 million") based on the current trading patterns continuing
and no significant adverse external events.
Authorised by:
Rob Campbell
Chairman
Tourism Holdings Limited
For further information contact:
Grant Webster
thl Chief Executive
Direct Dial: +64 9 336 4255 | Mobile: +64 21 449 210
Mark Davis
thl Chief Financial Officer
Direct Dial: +64 9 336 4212 | Mobile: +64 27 444 0199
About thl: (www.thlonline.com)
thl is New Zealand's premier tourism company. We are listed on the NZX and
are the largest provider of holiday vehicles for rent and sale in Australia
and New Zealand. In the USA we own and operate the Road Bear RV Rentals and
Sales brand. Within New Zealand we operate Kiwi Experience and the Discover
Waitomo group which includes Waitomo Glowworm Caves, Ruakuri Cave, Aranui
Cave and The Legendary Black Water Rafting Co. In 2012 thl entered in a joint
venture to form RV Manufacturing Group LP, New Zealand's largest motorhome
and specialist vehicle manufacturer. RVMG LP has operations both in Auckland
and Hamilton. Our purpose is to create unforgettable holidays by providing
unique, wonderful experiences that make vacations truly memorable.
End CA:00259118 For:THL Type:FORECAST Time:2014-12-18 13:47:41
