
Feb 18 (Reuters) - Valneva SE VLS.PA:
REPORTS PRELIMINARY UNAUDITED 2024 REVENUE AND CASH AND PROVIDES 2025 OUTLOOK
MET 2024 GROWTH TARGETS FOR SALES REVENUE (+13% VERSUS 2023) AND TOTAL REVENUES (+10% VERSUS 2023)
2025 OUTLOOK: SALES REVENUES EXPECTED TO GROW TO EUR 170-180 MILLION
REPORTS YEAR-END CASH POSITION OF €168.3 MILLION
TOTAL REVENUES WERE EUR 169.6 MILLION FOR YEAR ENDED DECEMBER 31, 2024
CASH AND CASH EQUIVALENTS WERE EUR 168.3 MILLION AS AT DECEMBER 31, 2024
2025 OUTLOOK: TOTAL REVENUES EXPECTED EUR 180-190 MILLION, RESEARCH AND DEVELOPMENT INVESTMENTS BETWEEN EUR 90 MILLION AND EUR 100 MILLION
EXPECTS RESEARCH AND DEVELOPMENT INVESTMENTS BETWEEN €90-100 MILLION IN 2025
Source text: ID:nGNX7LBT3V
Further company coverage: VLS.PA