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New Gonow RV Delays 2025 Results Amid Profit Drop Forecast

02.06.2026 05:06 1 min 1 source
TipRanks Financial ENG
New Gonow RV Delays 2025 Results Amid Profit Drop Forecast
© TipRanks Financial

New Gonow Recreational Vehicles has delayed the publication of its 2025 financial results. The reason is a prolonged audit of key Australian subsidiaries by KPMG. The board of directors was unable to approve the report, and trading in the company's shares remains suspended.

Earlier, the company forecast a net profit decline to one-third in 2025. The drop is attributed to weak demand for RVs, low margins on hybrid models, and costs related to expanding its own store network.

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New Gonow Flags Profit Drop on RV Market Downturn

22.03.2026 TipRanks Financial ENG
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