Main takeaway: Company has continued to cut costs in wake of a sluggish North American tourism market, though expects some minor short-term pickup as spillover from LA fires.
The first half of the financial year wasn't much to write home about for tourism and campervan operator Tourism Holdings, with sluggish sales and a hesitant recovery in its important North American market contributing to a 36.3% drop in after-tax profits to $25.3 million.
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Key points
Revenue: up 2% at the half year at $458.4m.
Profit: down 36.3% at $25.3m, from $39.7m.
Main takeaway: Company has continued to cut costs in wake of a sluggish North American tourism market, though expects some minor short-term pickup as spillover from LA fires.
