Rakon does not expect a material impact from the recently announced US tariffs on its full-year results for the 2025 financial year.
The company, which generates 15-20% of its revenue from direct US sales, is currently working to understand the implementation and implications of the new tariffs.
Rakon manufactures approximately 85% of its products for US customers in New Zealand, 12% in France, and 3% in India.
The tariffs for products originating from these locations are 10% (New Zealand), 20% (France/EU), and 26% (India).
Rakon is seeking further clarity on the tariffs and is monitoring their impact on customers, vendors, and competitors.
The company said it is well-positioned to optimise its manufacturing and adapt to the changing conditions.
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