Travel Restrictions Update
Tourism Holdings Limited
Tel: +64 9 336 4299
The Beach House
Fax: +64 9 309 9269
Level 1, 83 Beach Road
www.thlonline.com
Auckland City
PO Box 4293, Shortland Street
Auckland 1140, New Zealand
Self drive
Experiences
New Zealand
Australia
USA
UK
Design &
Manufacturing
New Zealand
Australia
Guided
Experiences
New Zealand
13 March 2020
MEDIA | NZX RELEASE
TOURISM HOLDINGS LIMITED (thl)
TRAVEL RESTRICTIONS UPDATE
In light of the new travel restrictions announced related to the COVID-19 pandemic, thl has reviewed its
previous FY20 NPAT guidance of around $24M. While we believe that this remains a possibility, there
are too many uncertainties for this to remain as thl’s guidance. As a result we do not expect to provide
financial guidance for the remainder of the FY20 year.
Despite the challenges facing the industry, thl has a strong balance sheet with low debt levels,
significant undrawn facilities and high quality asset backing.
ENDS
Authorised by:
Grant Webster
For further information contact:
Grant Webster
thl Chief Executive
Direct Dial: +64 9 336 4255
Mobile: +64 21 449 210
About thl (www.thlonline.com)
thl is a global tourism operator. We are listed on the NZX and are the largest provider of RVs for rent and sale in Australia and
New Zealand, and the second largest in North America. In the USA we own and operate the Road Bear RV Rentals & Sales brand
and El Monte RV Rentals & Sales. thl is a 50:50 partner, along with Thor Industries Inc. - the largest RV manufacturer in North
America (a NYSE listed entity), in the joint venture company Togo Group – Togo Group is a global digital platform for the RV
industry; it owns and operates several brands including Roadtrippers, Mighway and Togo RV. In the UK, thl owns 49% of Just go
Motorhomes. Within New Zealand we operate Kiwi Experience and the Discover Waitomo group, which includes Waitomo
Glowworm Caves, Ruakuri Cave, Aranui Cave and The Legendary Black Water Rafting Co. thl is a joint venture partner in Action
Manufacturing LP, New Zealand’s largest motorhome and specialist vehicle manufacturer.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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