Viridien Announces its Q2 and H1 2025 Results
Paris, France | Jul 31, 2025
2025 second-quarter results
Solid performance amid a volatile environment
Annual net cash flow objective reaffirmed
Viridien (ISIN: FR001400PVN6), a global technology and high-performance computing (HPC) leader, announced today its second quarter results.
- Segment revenue of $274m in Q2 2025, up +6% year-on-year, fueled by Geoscience (GEO) and Sensing & Monitoring (SMO)
- Segment adjusted EBITDAs of $107m in Q2 2025 (+14% year-on-year) or 39% margin (c.+270 bps). Profitability increase mostly driven by: 1/ the end of vessel penalties at EDA in January 2025 and 2/ good progress on the restructuring plan at SMO
- Net Cash Flow generation of $30m in Q2 2025
- Bond maturity extended to October 2030 after end-March 2025 successful refinancing, $125m available RCF
- 2025 financial objectives reaffirmed
Sophie Zurquiyah, Chief Executive Officer of Viridien, said: “Viridien delivered a solid performance in the second quarter of 2025. Despite a volatile environment, the Group demonstrated resilience, driven by its primary focus on offshore markets and on leading oil companies. Combined with ongoing internal performance improvements, this resulted in robust year-on-year growth in both segment revenue and margins. From a cash perspective, Viridien generated a solid $30 m in Net Cash Flow during the quarter, reinforcing our confidence in reaching our full-year target of $100 m. The combination of a healthy Geoscience backlog and expected licensing activity toward year-end supports our confidence in maintaining momentum on our deleveraging path.”
| (in millions of $) | Q2 2025 | Q2 2024 | Change (%) | H1 2025 | H1 2024 | Change (%) |
| Segment figures | ||||||
| Revenue | 274 | 258 | +6% | 575 | 532 | +8% |
| Adjusted EBITDAs | 107 | 94 | +14% | 250 | 200 | +25% |
| IFRS figures | ||||||
| Revenue | 234 | 317 | -26% | 492 | 566 | -13% |
| EBITDAs | 68 | 150 | -55% | 167 | 230 | -27% |
| Operating income | 15 | 52 | -72% | 71 | 72 | -1% |
| Net income | 6 | 35 | -83% | -22 | 32 | n.a. |
| Net cash flow | 30 | -6 | n.a. | 10 | 24 | -61% |
| Net debt | 997 | 941 | +6% | 997 | 941 | +6% |
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Q2 2025 financial results conference call
- The press release and presentation will be made available on www.viridiengroup.com at 5.45 pm (CET)
- An English-language conference call is scheduled at 6.00 pm (CET) today
Participants must register for the conference call by clicking here to receive a dial-in number and PIN code. Participants may also join the live webcast by clicking here.
A replay of the conference call will be available starting the following day, for a period of 12 months, in audio format on the Company's website www.viridiengroup.com.
About Viridien
Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,400 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).