We are pleased to advise that Rakon (NZX: RAK) reported a strong 1H23 performance on Thursday 24 November 2022.
The Results Announcement was followed by the 1H23 Financial Results and Business Update, presented by Sinan Altug (Chief Executive Officer) and Anand Rambhai (Chief Financial Officer).
Our results announcement, presentation, shareholder update and interim report can be found below.
Chief Financial Officer
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Rakon is a global high-tech company and a world leader in its field. The company designs and manufactures advanced frequency control and timing solutions. Its three core markets are Telecommunications, Positioning and Space and Defence. Rakon products are found at the forefront of communications where speed and reliability are paramount. The company’s products create extremely accurate electric signals which are used to generate radio waves and synchronise time in the most demanding communication applications. Rakon has three manufacturing plants, and has six research and development centres. Customer support personnel are located in sixteen offices worldwide. Rakon is proud of its New Zealand heritage; it was founded in Auckland in 1967. It is a public company listed on the New Zealand stock exchange, NZX, ticker code RAK.