Rakon (NZX: RAK), an international leader in frequency control and timing solutions, has updated its earnings guidance following successful mitigation of supply chain pressures.
The company now expects FY2022 Underlying EBITDA to be in the range of $49 million to $53 million.
Managing Director Brent Robinson has cautioned that further pandemic-related disruptions to production may affect the result.
Rakon plans to announce its FY2022 results on 26 May 2022.
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