Valneva Q4 Earnings Call Highlights

Chief Financial Officer Peter Bühler reported total product sales of EUR 157.9 million , in line with guidance, down 3.3% year over year (down 1.3% at constant currency). He attributed the decline primarily to a planned reduction in third-party product sales and, to a lesser extent, adverse currency impacts. Bühler said proprietary product sales, excluding currency effects, grew 9% year over year.Chief Executive Officer Thomas Lingelbach said total revenues exceeded EUR 170 million in 2025, slightly above 2 ...