Workflow
Velan Inc. Reports Solid First Quarter Results for Fiscal 2026

18.6% sales growth and higher gross profit margin Net income from continuing operations of 17.8million,consolidatednetincomeincludingclosingofthetransactionsof17.8 million, consolidated net income including closing of the transactions of 77.2 million Strong financial position with available cash on hand of 59.1million,highestinfiveyearsSignificantincreaseinquarterlydividendpaymenttoCA59.1 million, highest in five years Significant increase in quarterly dividend payment to CA0.10 per common share MONTREAL, July 10, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced ...