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Rakon says earnings may to continue to drop in FY25

NZX-listed oscillator maker is predicting annual underlying earnings of between $5m and $15m.

Rakon's Auckland headquarters and manufacturing facility.

Will Mace Wed, 28 Aug 2024

Rakon is predicting it will register underlying earnings in the range of $5 million to $15m during the financial year to the end of March 2025.

The NZX-listed frequency control and timing solutions manufacturer disclosed the guidance to the market ahead of its AGM today.

The estimated level of

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Will Mace Wed, 28 Aug 2024
Contact the Writer: william@nbr.co.nz
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Rakon says earnings may to continue to drop in FY25
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