THL in $200m wipeout as grey nomads stop buying campervans
Simon EvansSenior reporter
The market capitalisation of THL has been fallen by more than a third, or $200 million, after the campervan sales and rental group warned it would miss profit forecasts.
THL, which has a fleet of 7200 rental campervans under brands including Britz, Maui and Apollo, and also a substantial business selling the vehicles, warned that profit for the year would be up to 31 per cent lower than a forecast issued in February.
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