Brief: Tourism Holdings Says Currently Expect Chassis Supply In AU-NZ To Likely Normalise In Late CY24

Tourism Holdings

09/05/2023 01:58

May 9 (Reuters) - Tourism Holdings Ltd  THL.NZ :
    * CURRENT EXPECTATIONS THAT CHASSIS SUPPLY IN NEW
ZEALAND/AUSTRALIA WILL LIKELY NORMALISE IN LATE CY24
    * CURRENT EXPECTATIONS THAT MOTORHOME SUPPLY IN NORTH
AMERICA WILL
LIKELY NORMALISE IN EARLY CY24
    * FORWARD BOOKING ACTIVITY FOR 2023 HIGH SEASON NORTHERN
HEMISPHERE BUSINESSES SHOWS INCREASE IN INTERNATIONAL VOLUMES
    * SEES NO CHANGE TO EARLIER GUIDANCE FOR EXPECTED FY23 NET
PROFIT
AFTER TAX ABOVE NZ$48M
    * CURRENT EXPECTATIONS THAT MOTORHOME SUPPLY IN UK/EUROPE
WILL
LIKELY NORMALISE IN LATE CY24
    * REMAIN POSITIVE HEADING INTO FY24/25
    * EXPECT TO CONFIRM APPROACH TO DIVIDEND POLICY BY FY23
ANNUAL
RESULTS RELEASE
    * DO NOT EXPECT TO REQUIRE ADDITIONAL EQUITY TO UNDERTAKE
FLEET
REGROWTH PROGRAMME
    * FOR SOME U.S. MARKETS, PLACING SOME PRESSURE ON WHOLESALE
ORDERS
AND DELIVERIES IN Q4 OF FY23

Further company coverage:  THL.NZ 

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