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Rakon upgrades forecast, but second half to be weaker than first

Tech manufacturer says macroeconomic volatility and risk still hangs over global markets.

Rakon CEO Sinan Altug (right) and former CEO and current board member Brent Robinson.

Will Mace Thu, 24 Nov 2022

Rakon has raised the lower end of its full-year underlying earnings guidance due to a strong forward order book, but even the top of the range still anticipates a second half much slower than the $28.1 million earned in the first half.

The high-tech manufacturer posted its half-year results this

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Will Mace Thu, 24 Nov 2022
Contact the Writer: william@nbr.co.nz
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Rakon upgrades forecast, but second half to be weaker than first
Investment,
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