Rakon gives earnings outlook a hefty boost
Fire at competitor plant in Japan boosts sales for NZ manufacturer.
NBR staff
Wed, 29 Sep 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Electronic component maker Rakon has significantly upgraded its profit expectations for the year to March citing a sales boost following a fire at a competitor’s factory in Japan.
In a statement to the NZX, Rakon said it was now forecasting underlying ebitda of $39-$44 million, up from its
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NBR staff
Wed, 29 Sep 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
