From GlobeNewswire: 2025-01-09 11:45:00

Viridien CEO Sophie Zurquiyah announced that the company’s 2024 revenue and EBITDA were in line with guidance, with a net cash flow of around $50 million, exceeding expectations. The company also repurchased $60 million of its own bonds, doubling its commitment, and improved its credit rating to B-. Viridien reaffirmed its target of generating around $100 million in net cash flow in 2025.

In 2024, Viridien reported revenue slightly above $1,100 million and EBITDA of $430 million, with a net cash generation of about $50 million. The company’s net debt after IFRS 16 was around $930 million. Viridien plans to announce its full year 2024 audited results on February 27, 2025, after the market closes.

Viridien is an advanced technology, digital, and Earth data company focused on driving innovation and solutions for natural resource, digital, energy transition, and infrastructure challenges. With around 3,500 employees worldwide, Viridien is listed on Euronext Paris SA as VIRI. Contact VP Corporate Finance Jean-Baptiste Roussille at [email protected] for more information.



Read more at GlobeNewswire:: Viridien provides Full Year 2024 Financial Update