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Rakon Limited

Rakon says UK purchase pays off

Wellington, Oct 5 NZPA - Technology company Rakon has seen business boom in Europe after its purchase of a UK business more than three years ago.

Fletcher Building, Mainfreight post significant gains

Fletcher Building, Mainfreight post significant gains
Wellington, Sept 14 NZPA - The New Zealand sharemarket continued to gather steam during the day as blue chip construction and building supplies stock Fletcher Building hit a nearly five-month high in the wake of the Canterbury earthquake.

Rakon sees annual profit in $25m-$30m range

Rakon sees annual profit in $25m-$30m range
Wellington, Sept 10 NZPA - Rakon Ltd said its earnings before interest, tax, depreciation and amortisation (Ebitda) this year should be within the $25 million to $30 million range expected by analysts.

NZ sharemarket opens strong, but drops after Telecom falls

NZ sharemarket opens strong, but drops after Telecom falls
Wellington, Sept 9 NZPA - The New Zealand sharemarket opened higher this morning as fears about the strength of European banks eased in global stock markets, but was later dragged down by Telcom's losses.

Rakon expects shipment record this month

Wellington, July 23 NZPA - Technology company Rakon expects to ship a record 6.5 million units from its Auckland factory this month.

Rakon buys French competitor for 400,000 euros

Rakon buys French competitor for 400,000 euros
Wellington, July 22 NZPA - Technology company Rakon is spending 400,000 euros ($NZ717,400) on a French-based competitor to help accelerate its growth in high performance products.

NZ Sharemarket Eases Slightly, Result Relatively Upbeat

NZ Sharemarket Eases Slightly, Result Relatively Upbeat
Wellington, Feb 18 NZPA - The New Zealand sharemarket got off to a good start today but could not follow through even though company results continued to signal that the worst may be over for the economy.

NZ Sharemarket Continues To Rise

NZ Sharemarket Continues To Rise
Wellington, Feb 18 NZPA - The New Zealand sharemarket continued to make gains this morning, although not nearly as strongly as earlier in the week.

NZ Sharemarket Slips Early

NZ Sharemarket Slips Early
Wellington, Nov 13 NZPA - Shares in retailer The Warehouse Group were down 6c in early trading on the New Zealand sharemarket, after reporting first quarter sales down 1 percent to $362.9 million.

NZ Sharemarket Rises, New Listing News Welcome

NZ Sharemarket Rises, New Listing News Welcome
Wellington, Nov 12 NZPA - The New Zealand sharemarket posted modest gains on a day in which there was confirmation that another new listing is on the way.

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