Podcasts Other The Mike Hosking Breakfast Grant Webster: Tourism Holdings Limited CEO on the drop in the company's shares

Grant Webster: Tourism Holdings Limited CEO on the drop in the company's shares

Published: May 6, 2024, 8:01 p.m.

The slashed earnings forecast for Tourism Holdings is largely due to sinking vehicle sales.\xa0

The dual-listed camper van and tourism company now expects net profit for the year to be around $53 million, instead of $75 million.\xa0

Stock value dropped 32% following the news.\xa0

Chief Executive Grant Webster told Mike Hosking that when it comes to tourism, the peak season is still looking positive.\xa0

But he says the current winter season has been down more domestically than expected.\xa0

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