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Tourism Holdings expects an underlying net profit of $40 - $43 million for its full-year 2026 result.

Tourism Holdings has downgraded its full-year earnings outlook while confirming it has received a revised take-over approach from a private equity-backed consortium of major shareholders.

The campervan rental group now expects underlying net profit after tax of $40 million to $43m for FY26, down from earlier guidance of $43m to $47m.

The downgrade reflects softer consumer confidence, global travel disruption and the impact of the Middle East conflict on vehicle sales, alongside weaker domestic rental demand in Australia and foreign exchange headwinds.