Rakon
Rakon is a global high technology company which was founded in 1967 by Warren Robinson. Rakon designs and manufactures advanced frequency control and timing solutions. The company has four manufacturing plants, including two joint ventures plants, located in New Zealand, France, India and China and five research and development (R&D) centres. Customer support centres are located in ten offices worldwide.
The company's focus is on enabling next generation technologies in the telecommunications, global positioning and space & defence markets.
Rakon designs and manufactures advanced frequency control and timing solutions for telecommunications, global positioning and space and defence applications. Rakon products are found at the forefront of communications where speed and/or reliability are paramount. The company's products provide extremely accurate clocking signals, which are then used to generate precise electrical, radio or optical signals in networks and systems around the globe. Additionally Rakon offers a broad product portfolio to meet its customers timing and frequency control requirements
Company Details
Registered Office:
8 Sylvia Park Road, Mt Wellington, Auckland 1060
Postal Address:
Private Bag 99943, Newmarket, Auckland 1149
Telephone:
+64 9 573 5554
Facsimile:
+64 9 573 5559
Website:
www.rakon.com
First Listed:
16/05/2006
Balance Date:
31 March
AGM:
16/08/2023
Directors and Executives
Sinan Altug
Chief Executive Officer
Drew Davies
Chief Financial Officer
Sinead Horgan
Independent Non-Executive Director
Keith Oliver
Independent Director
Brent Robinson
Executive Director
Maureen Shaddick
Company Secretary
Jung Meng Tseng
Director
Steven Tucker
Independent Non-Executive Director
Keith Watson
Independent Director
Lorraine Witten
Chair
Announcements
| Title | Date | Type |
|---|---|---|
| Rakon director retirement and appointment | Wed, Feb 26 2025 08:30 am | ADMIN |
| RAK organisational transformation and Executive restructure | Mon, Feb 03 2025 11:48 am | ADMIN |
| Rakon Chief Technical Officer retirement | Fri, Dec 13 2024 10:23 am | ADMIN |
| Amended HY25 Results Announcement form | Mon, Dec 02 2024 03:15 pm | GENERAL |
| Rakon announces permanent CFO | Fri, Nov 29 2024 11:45 am | ADMIN |
| Rakon half-year results for FY2025 | Wed, Nov 27 2024 09:02 am | HALFYR |
| RAK space subsystem selected for ISS mission | Tue, Nov 19 2024 10:05 am | GENERAL |
| Rakon to release half-year results on 27 November 2024 | Fri, Nov 01 2024 02:03 pm | GENERAL |
| Rakon director retirement and appointment | Wed, Oct 02 2024 08:33 am | ADMIN |
| Rakon 2024 Annual Meeting Results | Wed, Aug 28 2024 04:58 pm | MEETING |
Major Holdings Announcements
| Date | Name | No. Held | % | Current |
|---|---|---|---|---|
| 02/11/23 | Wairahi Investments Limited & Waira | 14,068,955 | - | 6.10 |
| 23/07/21 | Siward Crystal Technology Co., Ltd. | 28,016,681 | 16.60 | 12.23 |
| 29/10/20 | Wairahi Investments Limited | 11,591,506 | - | 5.06 |
| 03/10/19 | Darren Paul Robinson | 34,845,003 | 18.37 | 15.21 |
| 03/10/19 | Michele Robinson | 24,930,823 | - | 10.88 |
Director’s Interests Announcements
| Date | Name | No. Held | % | Details | Other |
|---|---|---|---|---|---|
| 07/09/23 | Brent Robinson | 35,308,538 | - | - | - |
| 04/08/23 | Steven Tucker | 59,991 | - | - | - |
| 01/06/23 | Lorraine Mary Witten | 222,720 | - | - | - |
| 04/10/22 | Keith Watson | 130,000 | - | - | - |
| 09/09/22 | Anand Praful Rambhai | 15,000 | - | - | - |
| 02/09/22 | Sinan Altug | 50,000 | - | - | - |
Analysts’ Forecasts
| profit2021 | profit2022 | eps2021 | dps2021 | sales2021 | ebit2021 | ebitda2021 | |
|---|---|---|---|---|---|---|---|
| mean | 4.4 | 1.9 | 1.5 | 141.8 | 6.1 | 13.3 | |
| high | 4.4 | 1.9 | 1.5 | 141.8 | 6.1 | 13.3 | |
| low | 4.4 | 1.9 | 1.5 | 141.8 | 6.1 | 13.3 | |
| sample | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
Disclaimer
Data on this page is from BusinessDesk and NZX Ltd for information purposes
only. Details are believed to be accurate but no warranty is given as to
accuracy, timeliness, reliability or completeness. No person should rely on
the contents of the report and all persons should obtain independent
professional advice before acting on any information connected with or
contained in this report.
Last
Updated: 08/08/2023
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