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27 Apr 2024

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RAK - Rakon Chief Financial Officer resignation
Rakon Limited (NZX: RAK) (Rakon) advises that, after close to 12 years with the company, its Chief Financial Officer, Anand Rambhai, has given notice of his resignation to pursue other opportunities

RAK - Amended Distribution Notice
Please see attached an amended Distribution Notice with the correct Rakon ISIN Number. The ISIN number in the Distribution Notice released by Rakon earlier today was incorrect

Rakon 2022 Annual Meeting Chair's Address and Presentation
The Annual Meeting of Rakon Limited will be held today 11 August 2022 at Guineas 1 Room, Ellerslie Event Centre, 80 Ascot Avenue, Remuera, Auckland, New Zealand and online via www.meetnow.global/nz at 11.00 am

Rakon reports record profit, reveals new dividend policy
Rakon has reported record earnings for its year to March, but says all profit will be reinvested for growth as it moves to a new dividend policy - which sees no profit payout to shareholders after the bumper year.Shares were up...

Rakon Limited (NZX: RAK) Updates Earnings Guidance
Rakon today provides an update to its earnings guidance as it reports success in mitigating the supply chain pressures it identified in November last year

Rakon Limited (NZX: RAK) Upgrades Earnings Guidance
Rakon now expects to achieve Underlying EBITDA of $44 million to $49 million in FY2022. This is an upgrade to the earlier guidance of $39 million to $44 million provided on 29 September 2021

Rakon Limited (NZX: RAK) Upgrades Earnings Guidance and Appoints New Director
Rakon today announces an upgrade to its earnings guidance for the year ending 31 March 2022 (FY2022). It also announces the appointment of Steven Tucker to the board as an Independent Non-executive Director with effect from 1 October 2021

Rakon 2023 Annual Meeting Speeches and Presentation
Rakon Limited (NZX: RAK), a high technology manufacturer of frequency control and timing solutions for the telecommunications, space and defence, and positioning sectors, has provided the attached Chair’s speech

Core business growth drives strong Rakon half-year result
Rakon (NZX.RAK) today announced a strong result for the six months to 30 September 2022, on the back of continued growth in global demand for its industry-leading frequency control and timing solutions

RAKON FY23 Earnings Guidance
Rakon (NZX: RAK), an international leader in frequency control and timing solutions today announces it expects Underlying EBITDA1 for the year to 31 March 2023, to range between $36 million and $44 million. Even at the bottom of this range

Rakon says it's heading towards second-best ever profit
Electronic components maker Rakon said it's on track for its second-best ever operating profit.Rakon specialises in frequency control and timing solutions and expects underlying ebitda to range from $36 million to $44 million."Even...

Broker re-rates Rakon after earnings upgrade
Brokers Forsyth Barr have upgraded their estimates for Rakon after the electronic components maker lifted its earnings guidance.Rakon, which specialises in frequency control and timing solutions, said on Thursday it had succeeded...

Rakon Limited (NZX: RAK) 1H22 Results Announcement
Rakon today announced significant improvements in revenue and earnings for the six-month period to 30 September 2021 as it continues to benefit from strong global demand growth for its industry-leading frequency control and timing solutions

Rakon lifts guidance after AKM fire, share price rallies
Shares in NZX-listed electronic components maker Rakon rallied sharply after it upgraded its earnings guidance for the current year, driven by a big lift in orders and a consumer device boom.By early afternoon, the stock was up...