Velan Inc. SV (TSE:VLN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Velan Inc., a leading industrial valve manufacturer, has reported a significant improvement in financial performance for the second quarter of fiscal 2025, with a substantial increase in sales, bookings, and order backlog, highlighting strong demand from clean energy markets. The company also announced a new Main Services Agreement with GEH SMR Technologies Canada Ltd. and reached a new three-year collective agreement with union members at its Vermont plant.
For further insights into TSE:VLN stock, check out TipRanks’ Stock Analysis page.