Rakon to meet earnings guidance

Wed, 08 Apr 2020

Rakon expects to report underlying earnings before interest, tax, amortisation and depreciation of between $9 million and $11 million in the year ended March 31 once it completes its final accounting and audit, meeting earlier guidance.That’s despite uncertainty about its supply chain and changing customer behaviour in response to the covid-19 pandemic.It will report its final result in June and publish its annual report before the end of July.Rakon said it is too early to offer guidance for the March 2021 financial year with the pandemic likel...

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