$VNP.TO

5N Plus Target Raised To C$41 From $38, Keeps Outperform at National Bank On Q1 Results and Outlook

5N Plus Posts Higher Profit, Revenue for First Quarter; Adjusted EBITDA Guidance Maintained

5N Plus (VNP.TO) after trade Wednesday said its first-quarter profit and revenue rose year-over year.The company earned US$17.8 million, or US$0.20 per share, in the period, up from US$9.6 million, or US$0.11, a year prior. FactSet expected US$0.14 per share.Revenue rose to US$117.9 million from US$88.9 million a year ago. FactSet projected US$104 million. The company said the increase was mainly driven by higher volumes under Specialty Semiconductors and higher bismuth-based product pricing under Performance Materials.The company added that it is maintaining its adjusted EBITDA outlook range at between US$100 and US$105 million in 2026."In 2026, 5N+ continues to expect demand in Specialty Semiconductors to remain strong, supported by structural expansion across its core end markets, with particular strength in its strategic sectors of terrestrial renewable energy and space solar power. These trends, combined with the company's position as the leading global supplier of ultra-high-purity specialty semiconductor compounds outside China, are expected to continue supporting long-term growth in this segment," 5N said.The company's shares closed up $0.85 to $36.05 on the Toronto Stock Exchange.

Earnings Flash (VNP.TO) 5N Plus Cites "Strong Start to 2026 with 33% Revenue Growth and 41% Adjusted EBITDA Growth, Ahead of Expectations"

5N Plus Q1 Revenue of US$117.9 million, up 33% YoY

5N Plus Appoints Alban Fournier As CFO Effective April 27

5N Plus (VNP.TO) announced Monday the appointment of Alban Fournier as its chief financial officer, effective April 27, as part of its previously announced leadership succession plan under which Richard Perron, current CFO, will become president and chief executive and Gervais Jacques, current CEO, will become executive chair of the Board effective May 31.The company said Fournier has nearly 30 years of experience across three continents in corporate and operational roles and most recently served as chief financial and technology officer at the Montreal Port Authority, where he also oversaw procurement.Shares of the company closed up 4.2% to $35.47 on Friday on the Toronto Stock Exchange.