{"id":819333,"date":"2025-02-27T11:48:07","date_gmt":"2025-02-27T16:48:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/viridien-announces-its-q4-full-year-2024-results\/"},"modified":"2025-02-27T11:48:07","modified_gmt":"2025-02-27T16:48:07","slug":"viridien-announces-its-q4-full-year-2024-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/viridien-announces-its-q4-full-year-2024-results\/","title":{"rendered":"Viridien Announces its Q4 & Full Year 2024 Results"},"content":{"rendered":"
\n

\n Paris (France), February 27<\/strong>
\n
\n th<\/strong>
\n <\/sup>
\n , 2025, 17h45 CET<\/strong>\n <\/p>\n

\n 2024: A YEAR OF OVERACHIEVEMENTS<\/strong>\n <\/p>\n

\n 2025: ON TRACK TO DELIVER <\/strong>
\n c<\/strong>
\n .$100 MILLION NET CASH FLOW<\/strong>\n <\/p>\n\n\n\n\n\n
\u00a0 <\/td>\n\n
\n Q4<\/em>
\n <\/strong>\n <\/td>\n		\n
\n FY<\/em>
\n <\/strong>
\n
\n
\n 1<\/em>
\n <\/strong>
\n <\/sup>\n <\/td>\n<\/tr>\n
\n
\n Revenue<\/em>
\n <\/strong>
\n
\n
\n 2<\/em>
\n <\/strong>
\n <\/sup>\n <\/td>\n		\n
\n $339M <\/em>
\n <\/strong>\n <\/td>\n		\n
\n $\u00a01,117M (-1%)<\/em>
\n <\/strong>\n <\/td>\n<\/tr>\n
\n
\n Adjusted EBITDA<\/em>
\n <\/strong>
\n
\n
\n 3<\/em>
\n <\/strong>
\n <\/sup>\n <\/td>\n		\n
\n $157M <\/em>
\n <\/strong>\n <\/td>\n		\n
\n $455M (+14%)<\/em>
\n <\/strong>\n <\/td>\n<\/tr>\n
\n
\n Net Cash-Flow<\/em>
\n <\/strong>\n <\/td>\n		\n
\n $27M<\/em>
\n <\/strong>\n <\/td>\n		\n
\n $56M (+73%)<\/em>
\n <\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

\n Sophie Zurquiyah, <\/strong>
\n
\n Chief Executive Officer<\/em>
\n <\/strong>
\n of Viridien, said:<\/strong>\n <\/p>\n

\u201cIn 2024, we met our revenue and exceeded our profitability and cash generation targets driven by strong commercial successes at Geoscience, a dynamic performance at Earth Data in both our key basins and prospective regions and the continued focus on operational efficiency at Sensing & Monitoring.<\/p>\n

In 2025, Viridien will continue strengthening its technology leadership in its core markets while further developing its New Businesses. We anticipate continued improvements thanks to Geoscience\u2019s record high backlog, Earth Data\u2019s solid pipeline of projects and the termination of contractual fees for vessel commitments, and Sensing & Monitoring\u2019s progress towards their restructuring plan. <\/p>\n

In this context, we confirm with confidence our target of c.$100 million of net cash generation and balance sheet deleveraging.\u201d<\/p>\n

\n 2024<\/strong>
\n Highlights<\/strong>
\n
\n 2<\/strong>
\n <\/sup>\n <\/p>\n