28 August 2024
Rakon Annual Meeting Presentation
The Annual Meeting of Rakon Limited (NZX:RAK) will be held today 28 August 2024 at Great Northern Room, Ellerslie Event Centre, 80 Ascot Avenue, Remuera, Auckland, New Zealand and online via www.meetnow.global/nz at 10.30 am.
Attached is a copy of the presentation for the 2024 Annual Meeting.
This material will be presented at the meeting and will also be made available on Rakon’s website www.rakon.com
ENDS
Investor and media relations
Nick Laurent
[email protected]
+64 21 240 7541
About Rakon
Rakon is a global high technology 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’s products are found at the forefront of communications where speed and reliability are paramount. Its products create extremely accurate electric signals which are used to generate radio waves and synchronise time in the most demanding communication applications.
www.rakon.com
The S&P/NZX 50 Index closed at 12,765.24, up 28.18 points or 0.22%.
Despite a $7m net loss, subscription revenue grew 28%.
Company expects market conditions to remain challenging in the second half.
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