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Australia, NZ turnaround drives IPH’s results

But the Asia business has suffered offsetting gains.

IPH CFO John Wadley

Dan Purves Thu, 22 Feb 2024
Key points
  • Revenue: Up 20.9% to A$274.4m
  • Profit: Up 4.5% to A$50.8m
  • Key takeaway: The Australia and New Zealand segment has improved its financial results but has further to go to stop its loss of market share. 

After previous poor performance, the Australia and New Zealand segment of IPH’s business has returned to growth and helped the international intellectual property services group return an underlying net profit after tax of A$50.8 million ($53.77m) for the half year, up 4.5% against the previous

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Dan Purves Thu, 22 Feb 2024
Contact the Writer: dpurves@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: Up 20.9% to A$274.4m
  • Profit: Up 4.5% to A$50.8m
  • Key takeaway: The Australia and New Zealand segment has improved its financial results but has further to go to stop its loss of market share. 
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Australia, NZ turnaround drives IPH’s results
Investment,
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