TSX:VNPChemicals
5N Plus (TSX:VNP) Is Up 6.7% After Strong Q2 Earnings And M&A Plans - Has The Bull Case Changed?
In the second quarter of 2026, 5N Plus Inc. reported higher sales of US$122.36 million and net income of US$19.67 million, while management highlighted a strong backlog and reaffirmed its full-year adjusted EBITDA guidance of US$100 million to US$105 million.
Management also indicated it is actively preparing the balance sheet for potential acquisitions, aiming for deals that are both accretive and aligned with 5N Plus’s core materials and specialty semiconductor businesses despite current...