FY21 Global Achievements and Strategic Integration
FY22 OUTLOOK
Well positioned for FY22:
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strong start to the year and in line with FY21 run-rate;
demand for our metal detection products remains strong;
Minelab will benefit from a full year of GPX6000Ⓡ sales;
Communications segment to include a full year of the acquired DTC and Zetron - FY22 will be a year
of integration for these two new businesses; and
uncertainty around Tactical Communications and supply chain due to COVID-19 still exists.
Donald McGurk has advised the Board that it is his intention to retire from his role as Managing Director of
Codan sometime within the next 9-12 months. Donald will remain as Managing Director until such time as
a successor is appointed to ensure a smooth transition.
We will update shareholders on FY22 trading at the Company's virtual AGM.
CODAN
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