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An update from 5N Plus ( (TSE:VNP) ) is now available.
5N Plus Inc. reported a 19% increase in annual revenue to $289.3 million and a 39% growth in annual Adjusted EBITDA to a record $53.3 million for fiscal year 2024. The company has successfully expanded its capacity at several sites, including a 30% increase in solar cell capacity at AZUR, and continues to benefit from its strategic focus on high-margin, value-added materials. As a trusted partner and market leader outside China, 5N Plus is well-positioned to leverage its competitive advantages and maintain its momentum into 2025.
More about 5N Plus
5N Plus Inc. is a leading global producer of specialty semiconductors and performance materials, focusing on sectors such as terrestrial renewable energy and space solar power. The company is recognized for its unique expertise and manufacturing capabilities, positioning itself as a critical supplier in growing markets without being a critical cost to its customers.
YTD Price Performance: -13.37%
Average Trading Volume: 208,782
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$611.7M
See more data about VNP stock on TipRanks’ Stock Analysis page.