Sharechat Logo

Tourism Holdings Limited (NZX: THL) FY21 Market Update

Wednesday 23rd December 2020

Text too small?

At the 2020 Annual Meeting, thl provided a strategic plan for the coming period. The business has been successfully executing to that plan. In line with thl’s strategy, thl continues to reinvest in fleet and other resources across its businesses to ensure that it is best placed for a recovery when border and travel restrictions are loosened.

While it is not currently possible to provide a credible forecast for the FY21 result, based on current expectations, the loss for FY21 is expected to be greater than the average of the results projected by market analysts (Average net loss after tax projection of $12.8 million between Carter Bar, Ord Minnett, Jarden and Forsyth Barr). However, it is noted that some of those projections were released prior to thl’s 2020 Annual Meeting.

A more comprehensive update will be provided with thl’s half year results.

See the link below for more details:

NZX Release - FY21 Market Update

Source: Tourism Holdings Limited

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Chatham Rock Phosphate Limited (NZX: CRP) Chatham Successfully Completes Private Placement
Turners Automotive Group Limited (NZX: TRA) Upgrades FY21 Earnings Guidance
Blackwell Global Holdings Limited (NZX: BGI) Restructure of Business Operations
Vista Group International Limited (NZX: VGL) Vista Group appoints James Miller as Independent Director
Rakon Limited (NZX: RAK) Update of FY2021 Earnings Guidance
The a2 Milk Company Limited (NZX: ATM) Organisational Announcement
Reserve Bank of New Zealand Committed to Action as It Responds to Data Breach
MHM Automation Limited (NZX: MHM) Settlement of New Plymouth Building Sale
Napier Port Holdings Limited (NZX: NPH) First Quarter 2021 Trade Volumes
New Zealand Oil & Gas Limited (NZX: NZO) Mahato PSC Update - Oil Production

IRG See IRG research reports