Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Toronto - Delayed Quote • CAD Velan Inc. (VLN.TO) Follow Compare 13.72 +0.15 +(1.11%) At close: March 10 at 3:59:59 PM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Velan (TSE:VLN) Shareholders Will Want The ROCE Trajectory To Continue What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a... Velan Inc (VLNSF) Q3 2025 Earnings Call Highlights: Strong Sales Growth and Profitability Turnaround Velan Inc (VLNSF) reports an 18% sales increase and a significant shift to profitability, despite restructuring challenges. Velan Divests Asbestos-related Liabilities and Sells French Subsidiaries in Restructuring Velan (VLN.TO), a global manufacturer of industrial valves, overnight Tuesday said it is divesting i Velan Inc. Reports Strong Fiscal 2025 Third Quarter Results Significant profitability improvement driven by solid execution on robust order backlog¹MONTREAL, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its third quarter ended November 30, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise. On January 14, 2025, the Company announced that it has entered into an agreement (the “Asbestos Divestiture Agreemen Velan Announces Major Strategic Initiatives Enters into definitive agreement with an affiliate of Global Risk Capital to divest its asbestos-related liabilities at a cost of US$143 millionEnters exclusive negotiations with Framatome for the sale of its French subsidiaries for a purchase price of US$175.2 million (€170 million), with the benefit of the transfer of an intercompany loan of US$23.2 million (€22.5 million), for total consideration to Velan of US$198.4 million (€192.5 million) MONTREAL, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Velan I Velan Inc.: Announcement MONTREAL, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) announced today that, on Tuesday, January 14, 2025, it will release its financial results for the third quarter ended November 30, 2024. The company will hold an analyst call on Wednesday, January 15, 2025, at 8:00 a.m. (EDT) to discuss the results. To instantly join the conference call by phone, please use the following link to easily register close to the call start time. After registering, the system will call you instantly and Velan Inc (VLNSF) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ... Velan Inc (VLNSF) reports a 22.8% revenue increase and secures key agreements, despite facing margin pressures and geopolitical risks. Update: Velan Surges 12% as It Swings to an Adjusted Profit in Fiscal Q2 Update: Velan Surges 12% as It Swings to an Adjusted Profit in Fiscal Q2 Velan Swings to Adjusted Net Income in Fiscal Q2 Velan Swings to Adjusted Net Income in Fiscal Q2 Velan Inc. Reports Second Quarter Results for Fiscal 2025 Solid execution on strong order backlog¹ and sustained momentum in bookings¹ driven by robust demand from clean energy marketsMONTREAL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its second quarter ended August 31, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise. SECOND-QUARTER HIGHLIGHTS AND RECENT EVENTS Strong order backlog of $548.1 mill Velan Secures Main Services Agreement for North America's First Small Modular Reactor Project Velan Secures Main Services Agreement for North America's First Small Modular Reactor Project Velan Inc. Secures Main Services Agreement for North America's First Small Modular Reactor Project MONTREAL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, has been selected as a supplier by GE Hitachi Nuclear Energy (GEH) for Ontario Power Generation’s historic Darlington New Nuclear Project, the first Small Modular Reactor (SMR) initiative in North America. Earlier this month, Velan announced the signing of a Main Services Agreement (“MSA”) with GEH. Under the agreement, GEH placed an initial purchase or Velan Inc. Announces Strike at Williston, Vermont Location MONTREAL, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves announced today that union members at its Williston, Vermont plant have voted down the three-year collective agreement negotiated and signed in September. The collective agreement that the parties had sought to renew had been in effect since October 1, 2021. Following this vote on Saturday, October 5, 2024, the union subsequently voted to strike, with im Velan Inc. Signs Main Services Agreement With GEH SMR Technologies Canada Ltd. MONTREAL, Sept. 02, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today that it has entered into a Main Services Agreement (“MSA”) with GEH SMR Technologies Canada Ltd. (“GEH”) to provide certain products and services that may be required by GEH for the provision of a stand-alone Small Modular Reactor (“SMR”) to Ontario Power Generation Inc. Under the terms of the MSA, GEH has placed an initial purchase ord Velan Inc. Reports First Quarter Results for Fiscal 2025 Strong sales, margin and profitability gains year-over-year combined with growing order backlog¹MONTREAL, July 11, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its first quarter ended May 31, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise. FIRST-QUARTER HIGHLIGHTS AND RECENT EVENTS Order backlog of $528.3 million, up $36.8 million from the beginning o VELAN ANNOUNCES ELECTION OF DIRECTORS Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 16, 2024, was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 11, 2024, in Montréal, Québec. Velan Reaches a $50-Million Agreement to Supply Valves and Services to Bruce Power Velan Reaches a $50-Million Agreement to Supply Valves and Services to Bruce Power Bruce Power signs 10-year Alliance Agreement with Velan Inc. for Valve supply and related service work MONTREAL, July 08, 2024 (GLOBE NEWSWIRE) -- Bruce Power has signed a $50-million alliance agreement with Velan Inc. (TSX: VLN) to provide valves and valve support over the next 10 years. As Bruce Power and Velan work collaboratively together on the execution plans and if all options and new projects are firmed, the value of the agreement can reach up to $100M. Velan, a Canadian company that is a world-leader in valves, will provide nuclear and non-nuclear valves, as well as refurbishment and tec CORRECTION – Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results Strong new order inflow and higher backlog¹ entering fiscal 2025MONTREAL, May 17, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, May 16, 2024 by Velan Inc. (TSX: VLN), please note that the conference call access information has been updated. The toll-free call-in number should be 1-800-836-8184, not 1-888-660-6345 or 1-289-819-1450. The corrected release is as follows: Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial Velan Q4 Loss Narrows as Sales, Bookings Increase; Provides Outlook Velan Q4 Loss Narrows as Sales, Bookings Increase; Provides Outlook Performance Overview Trailing total returns as of 3/10/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return VLN.TO S&P/TSX Composite index YTD +29.70% -0.97% 1-Year +169.05% +12.16% 3-Year +39.71% +13.43%