AJ Park delivers bigger than expected earnings boost for Australia's IPH

Thu, 16 Aug 2018

By Paul McBeth Aug. 16 (BusinessDesk) - New Zealand intellectual property law firm AJ Park delivered bigger earnings than expected for its Australian owner after its integration into IPH went smoother than anticipated. The Kiwi firm contributed $6.5 million to earnings before interest, tax, depreciation and amortisation in the eight months under IPH's ownership, 18 percent more than the $5.5 million forecast. The Sydney-based IP specialist said AJ Park's margins widened more than expected, as it closed the New Zealand firm's Australian o...

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