March 4, 2020 / 8:51 PM / 25 days ago

BRIEF-Rakon Confirms NZ & India Operations Experienced Reduced Deliveries Of Manufacturing Materials From China

March 5 (Reuters) - Rakon Ltd:

* CONFIRMS NZ & INDIA OPERATIONS HAVE EXPERIENCED SOME REDUCED OR DELAYED DELIVERIES OF MANUFACTURING MATERIALS FROM SUPPLIERS BASED IN CHINA

* GUIDANCE OF UNDERLYING EBITDA OF BETWEEN NZ$9 MILLION AND $11 MILLION FOR 12 MONTHS TO 31 MARCH REMAINS

* MONITORING CUSTOMERS’ BEHAVIOUR, INCLUDING ORDERING, CONSUMPTION OF INVENTORY & DELIVERY LOGISTICS Source text for Eikon: Further company coverage:

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