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Grant Webster: Tourism Holdings CEO on net profit lifting 34% to $39.9 million
Published 1 week, 4 days ago
Description
A strong result for global travel and rental vehicle operator, Tourism Holdings.
Its underlying earnings before interest and tax rose 17% in the year to June, surpassing $105 million.
Its total revenue was down 5% on almost $853 million, and the next financial year's outlook's taken a hit as the company weighs two takeover offers.
CEO Grant Webster told Mike Hosking the Middle East conflict certainly put a dent in things, but they were tracking even better.
He says they should hopefully still get really strong growth over summer.
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