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thl Rejects $2.30 Bid, Unveils Bold Plan to Rebound from FY25 Loss
8:18am on Friday 24th of October, 2025 AEDT
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Consumer Discretionary
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thl Rejects $2.30 Bid, Unveils Bold Plan to Rebound from FY25 Loss
8:18am on Friday 24th of October, 2025 AEDT
Key Points
Underlying NPAT down 45% to NZD 28.7 million, statutory loss of NZD 25.8 million
Record EBIT in New Zealand Rentals & Sales and Tourism divisions
Board rejects $2.30 per share acquisition offer, values company above $3.00
Strategic initiatives include UK & Ireland review, Australian manufacturing cost cuts, North American synergies
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Tourism Holdings Rentals (ASX:THL)
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