2025 Annual Business Report

Our Financials & Outlook

Key Figures 2025

Financials & Outlook
Letter from the CEO

Letter from the CEO

2025 demonstrated Valneva’s resilience and dedication to progress despite complex and evolving environments and regulations.

2026 Outlook

2026 Outlook

Valneva provides 2026 financial guidance.

SHAREHOLDER STRUCTURE (MARCH 2025)

Shareholder structure