‘Growth roadmap’ will leave weak THL result in the rear mirror
Forsyth Barr rolls out an ‘outperform’ in midst of Tourism Holdings’ cyclical trough, while it awaits a sweeter private equity bid for its global assets.
Fresh from leaving a $2.30 a share unsolicited offer from BGH Capital on the side of the road, Tourism Holdings is expected to post a net after-tax loss somewhere in the vicinity of $7.4 million on Monday.
The statutory npat loss for its June year comes on the back of soft inbound travel demand into