Australia's Business Soothsayer

Schmidt, Lucinda
April 2007
Forbes Asia;4/23/2007, Vol. 3 Issue 7, p54
The article discusses the financial performance and expansion plan of IbisWorld, a market research firm established by Phil Ruthven. The company reports on 479 industries in Australia, including banking, construction, mining and retailing. The company's president, Justin Ruthven, expects revenues to reach $100 million by 2017. The company claims that it is debt-free and enjoys an average 20 percent profit margin a year. The company is planning to expand its operation in the U.S. market.


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