From GlobeNewswire: 2025-04-29 11:45:00

Viridien had a solid start in 2025 with a successful bond refinancing and termination of a vessel capacity agreement. Revenue reached $301M (+10%), EBITDA $143M (+35%), and Net Cash Flow $(20)M. The company achieved financial milestones and expects approximately $100M in Net Cash Flow for the year, focusing on cash generation and deleveraging.

Q1 2025 Highlights include Group IFRS Revenue of $258 million, EBITDA of $99 million, and Net Income of $(28) million. Geoscience and Earth Data saw revenue growth, while Sensing & Monitoring returned to a more normalized level. Viridien successfully refinanced bonds and aims for a Net Cash Flow of $100 million in 2025.

Viridien, an advanced technology, digital, and Earth data company, employs around 3,400 people worldwide. The company is listed as VIRI on the Euronext Paris SA. Investors can contact Alexandre Leroy, VP of Investor Relations and Corporate Finance, at [email protected] or +33 6 85 18 44 31 for more information.

Unaudited financial statements for Q1 2025 show revenue growth in key segments like Geoscience and Earth Data. Total DDE Revenue reached $214 million, with Adjusted EBITDA at $137 million. Viridien’s financial outlook for 2025 is driven by growth in Geoscience, Earth Data, and savings from Sensing & Monitoring restructuring.

The Board of Directors closed the consolidated financial statements as of March 31, 2025. Figures and information in the press release have not been audited. Viridien’s Q1 2025 results reflect a strong start to the year, with a focus on achieving financial objectives and long-term growth.



Read more at GlobeNewswire:: 2025 first-quarter results