{"id":958308,"date":"2026-05-05T12:24:54","date_gmt":"2026-05-05T16:24:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/viridien-2026-first-quarter-results\/"},"modified":"2026-05-05T12:24:54","modified_gmt":"2026-05-05T16:24:54","slug":"viridien-2026-first-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/viridien-2026-first-quarter-results\/","title":{"rendered":"Viridien: 2026 first-quarter results"},"content":{"rendered":"<div class=\"mw_release\">\n<p>\n        <b><br \/>\n          <i>Paris (France), May 5, 2026<\/i><br \/>\n        <\/b>\n      <\/p>\n<p align=\"center\">\n        <b>2026 first-quarter results<\/b><br \/>\n        <br \/>\n        <b>Solid cash generation and continued deleveraging <\/b><br \/>\n        <b>in a soft market environment <\/b>\n      <\/p>\n<ul type=\"square\">\n<li style=\"margin-bottom:10pt;text-align:justify\">Net Cash Flow generation of $26m compared to -$20m in Q1 2025, driven by disciplined cash management and efficient receivables collection\n<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">Further reduction in Net Debt (excluding IFRS 16) to $702m vs $735m at end-December 2025, with an additional $40.7m repaid in March on the USD-denominated bond tranche\n<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">Segment revenue of $214m, reflecting a slow start to the year as anticipated, with additional uncertainty stemming from the ongoing conflict in the Middle East, impacting SMO and GEO\n<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">Profitability reflecting lower revenue, with segment adjusted EBITDAs of $76m\n<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">FY 2026 guidance for Net Cash Flow generation of $100m, with a seasonal profile similar to 2025, reiterated\n<\/li>\n<\/ul>\n<p align=\"justify\">\n        <b>Sophie Zurquiyah, Chair and CEO of Viridien: <\/b><br \/>\n        <i>\u201cAs expected, we experienced a soft start to the year, due to increased caution from E&amp;P companies in recent months. The situation in the Middle East added further uncertainty, notably for Sensing &amp; Monitoring and Geoscience. In this context, we delivered solid cash generation, underscoring the strength of our asset-light model and disciplined cash management. We also continued to deleverage, allocating an additional $41m to bond repayment, reducing net debt to around $700m. We reiterate our Net Cash Flow objective of $100m for the full year 2026, with performance expected to be weighted towards the second half as in 2025.\u201d<\/i>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;vertical-align: middle\">\n            <b>(in millions of $)<\/b><br \/>\n            <sup><br \/>\n              <b>1<\/b><br \/>\n            <\/sup>\n          <\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <b>Q1 2026<\/b>\n          <\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <b>Q1 2025<\/b>\n          <\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <b>Change (%)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b>Segment figures<\/b>\n          <\/td>\n<td style=\"width:8.77%;border-top: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:8.77%;border-top: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:11.94%;border-top: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;vertical-align: middle\">Revenue<\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">214<\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">301<\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">-29%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;vertical-align: middle\">Adjusted EBITDAs<\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">76<\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">143<\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">-47%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b>IFRS figures<\/b>\n          <\/td>\n<td style=\"width:8.77%;border-top: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:8.77%;border-top: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:11.94%;border-top: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;vertical-align: middle\">Revenue<\/td>\n<td style=\"width:8.77%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: right;vertical-align: middle\"> 200 <\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\"> 258 <\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">-22%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;vertical-align: middle\">EBITDAs<\/td>\n<td style=\"width:8.77%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: right;vertical-align: middle\"> 63 <\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\"> 99 <\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">-36%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;vertical-align: middle\">Operating Income<\/td>\n<td style=\"width:8.77%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: right;vertical-align: middle\"> 20 <\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\"> 56 <\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">-65%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;vertical-align: middle\">Net Income<\/td>\n<td style=\"width:8.77%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: right;vertical-align: middle\">-10<\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">-28 <\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">+65%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;vertical-align: middle\">Net Cash Flow<\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\"> 26 <\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">-20 <\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;vertical-align: middle;text-align: right;vertical-align: middle\">n.a.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:20.53%;text-align: justify;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">Net Debt<sup>2<\/sup> (excluding IFRS 16)<\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\"> 702 <\/td>\n<td style=\"width:8.77%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\"> 848 <\/td>\n<td style=\"width:11.94%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">-17%<\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <b>KEY HIGHLIGHTS PER BUSINESS LINE<\/b><br \/>\n        <sup><br \/>\n          <b>3<\/b><br \/>\n        <\/sup>\n      <\/p>\n<p align=\"left\">\n        <b>Data, Digital and Energy Transition (DDE): Impacted by market environment and project phasing<\/b>\n      <\/p>\n<p align=\"justify\">\n        <b>Segment revenue<\/b> at $153<\/p>\n<p align=\"justify\">\n        <b>Geoscience (GEO)<\/b>\n      <\/p>\n<ul type=\"square\">\n<li style=\"margin-bottom:10pt;text-align:justify\">Revenue at $98m<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">Q1 activity was driven by large projects in Brazil and the US Gulf. Africa also showed good momentum, with increasing engagement from IOCs, particularly in the Angolan basin. However, Q1 figures were down year-on-year due to delays in client project approvals in recent months, further accentuated by the escalation of the conflict in the Middle East<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">Viridien demonstrated agility, maintaining computing power at 690 petaflops during the period, while productivity per employee remained steady at $388k\n<\/li>\n<\/ul>\n<p align=\"justify\">\n        <b>Earth Data (EDA)<\/b>\n      <\/p>\n<ul type=\"square\">\n<li style=\"margin-bottom:10pt;text-align:justify\">Revenue at $54m<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">Capex spending was limited during the period, reflecting the phasing of multi-client projects and resulting in lower prefunding revenue, mainly generated from projects in the US Gulf, Norway and Uruguay. Late sales reflected the usual negative seasonality of the first quarter. Q1 2025 also represented a challenging comparison base<\/li>\n<\/ul>\n<p align=\"justify\">\n        <b>Segment adjusted EBITDAs <\/b>at $89m (36% margin) given the significantly lower EDA contribution, while profitability at GEO held very well. EDA Cash EBITDA, however, came in at a positive $15m, also reflecting the flexibility embedded in the business model.<\/p>\n<p align=\"justify\">\n        <b>Sensing and Monitoring (SMO): Impacted by a slow market and the Middle East conflict<\/b>\n      <\/p>\n<p align=\"justify\">\n        <b>Segment revenue<\/b> at $61m. Oil &amp; Gas business contracted in both land and marine markets, in a soft market environment further impacted by the ongoing conflict in the Middle East. New businesses remained well oriented, growing mid-single digit and presenting 20% of SMO\u2019s total revenue over the period.<\/p>\n<p align=\"justify\">\n        <b>Segment adjusted EBITDAs<\/b> at -$7m, reflecting the significantly lower level of activity and adverse forex (with the US dollar averaging 1.18 over the quarter versus 1.04 a year ago, while SMO\u2019s cost base is primarily in euros).<\/p>\n<p align=\"justify\">\n        <b>Segment adjusted operating income<\/b> at -$13m.<\/p>\n<p align=\"center\">\n        <b>CONSOLIDATED IFRS FIGURES<\/b><br \/>\n        <sup><br \/>\n          <b>4<\/b><br \/>\n        <\/sup>\n      <\/p>\n<p align=\"left\">\n        <b>Profit &amp; Loss: Net income of -$10m, but improved threefold vs last year<\/b>\n      <\/p>\n<p align=\"justify\">Consolidated IFRS revenue for Q1 2026 came in at $200m, with a $13m negative impact related to IFRS15 restatements (primarily related to the Laconia project in the US Gulf, still in imaging phase). IFRS EBITDAs at $63m and reflecting the same restatement impact vs the segment figure. IFRS Net Income reached -$10m vs -$28m a year ago, after mainly accounting for -$42m of leases and D&amp;A, -$25m net cost of financial debt, and -$3m of income taxes.<\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:29.05%;vertical-align: middle\">\n            <b>(in millions of $)<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Q1 2026<\/b>\n          <\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Q1 2025<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Change (%)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\u20ac\/$ exchange rate<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">1.18<\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">1.04<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">+14%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;vertical-align: middle\">\n            <b>Revenue<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>200<\/b>\n          <\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>258<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>-22%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>EBITDAs<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>63<\/b>\n          <\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>99<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-36%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;vertical-align: middle\">\n            <b>Operating income<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>20<\/b>\n          <\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>56<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>-65%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;vertical-align: middle\">Equity from investment<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">0<\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;vertical-align: middle\">0<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">n.s.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;vertical-align: middle\">Net cost of financial debt<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">-25<\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;vertical-align: middle\">-26<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">-2%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;vertical-align: middle\">Other financial income (loss)<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">-1<\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;vertical-align: middle\">-46<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">-98%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;border-bottom: solid black 1pt;vertical-align: middle\">Income taxes<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-3<\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-13<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-74%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;vertical-align: middle\">\n            <b>Net Income (loss) from continuing operations<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>-10<\/b>\n          <\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>-29<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>+66%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;border-bottom: solid black 1pt;vertical-align: middle\">Net Income (loss) from discontinued operations<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">0<\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1<\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">n.s.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:29.05%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Consolidated Net Income (loss)<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-10<\/b>\n          <\/td>\n<td style=\"width:6.99%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-28<\/b>\n          <\/td>\n<td style=\"width:6.98%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>+65%<\/b>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"left\">\n        <b>Cash Flow Statement and Debt: Solid Net Cash Flow generation, Gross Debt brought further down<\/b>\n      <\/p>\n<p align=\"justify\">Net Cash Flow of $26m generated in Q1 2026 vs -$20m a year ago. As a reminder, Q1 2025 integrated a $39m cash out linked to the anticipated payment of interests catalyzed by the early bond refinancing at the end of March 2025. Given the slower start to the year, the Q1 2026 Net Cash Flow generation proves resilient, mirroring a disciplined cash management approach from Viridien and the increased flexibility provided by its asset-light business model. Additional outstanding receivables were successfully recovered from PEMEX, reflecting sustained engagement and the critical role of Viridien as a key supplier.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">\n            <b>(in millions of $)<\/b>\n          <\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Q1 2026<\/b>\n          <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Q1 2025<\/b>\n          <\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Change (%)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;border-top: solid black 1pt;vertical-align: middle\">Segment EBITDAs<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\"> 77 <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\"> 142 <\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">-46%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Income tax paid<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> -8<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> -4<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">92%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Change in working capital &amp; provisions<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> 11 <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> -47 <\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">n.a.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Other cash items<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> 0<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> 0<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">n.a.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Cash from Operating Activity<\/b>\n          <\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 81 <\/b>\n          <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 91 <\/b>\n          <\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-12%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Total capex<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> -40<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> -61<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">-34%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Acquisitions and proceeds of assets<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> 1 <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> -1<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">n.a.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Cash from Investing Activity<\/b>\n          <\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> -39<\/b>\n          <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> -62<\/b>\n          <\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-36%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Paid cost of debt<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> -1<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> -39<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">-97%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Lease repayment<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> -14<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> -10<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">45%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Other financing activities<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> 0<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> 0<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">n.a.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Cash from Financing Activity<\/b>\n          <\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> -15<\/b>\n          <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> -49<\/b>\n          <\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-68%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;border-top: solid black 1pt;vertical-align: middle\">Discontinued operations acquisitions<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\"> 0<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">0<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">-62%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net Cash Flow<\/b>\n          <\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 26 <\/b>\n          <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> -20 <\/b>\n          <\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>n.a.<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;border-top: solid black 1pt;vertical-align: middle\">Refinancing costs paid (fees + call premium)<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\"> -1<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\"> -34<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">-96%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Repayment and issuance of debt<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> -42<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> -110<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">-62%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;vertical-align: middle\">Forex and other<\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;vertical-align: middle\"> -1<\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;vertical-align: middle\"> 8<\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;vertical-align: middle\">-108%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:32.36%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net increase (decrease) in Cash<\/b>\n          <\/td>\n<td style=\"width:5.57%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> -18<\/b>\n          <\/td>\n<td style=\"width:5.58%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> -155<\/b>\n          <\/td>\n<td style=\"width:6.49%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-89%<\/b>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">The 10% annual optional redemption at 103% included in Viridien\u2019s bond documentation renewed, for a 12-month period, on March 25, 2026. As early as the end of March, the Group leveraged this option and repaid an additional principal amount of $40.7m of the then-outstanding bonds, fully executing the option on the USD-denominated tranche. As of the date of publication of this press release, the remaining outstanding principal on the bonds amounts to $366m for the USD-denominated tranche (annual coupon of 10%) and \u20ac430m ($494m) for the EUR-denominated tranche (annual coupon of 8.5%).<\/p>\n<p align=\"justify\">With Gross Debt (excluding IFRS 16) of $857m at end-March 2026, the Group reduced its leverage by close to $140m year-on-year and by close to $310m compared with end-March 2024.<\/p>\n<p align=\"justify\">The solid operational execution, continued deleveraging trajectory, and significant strengthening of its financial profile led S&amp;P to upgrade the Company\u2019s long-term credit rating to \u201cB\u201d with a stable outlook in early April, from \u201cB-\u201d with a positive outlook previously. In parallel, the rating on the Company\u2019s senior secured notes was raised to \u201cB+\u201d from \u201cB\u201d previously. A week earlier, Moody\u2019s confirmed Viridien\u2019s corporate rating at \u201cB2\u201d with a stable outlook, maintaining its assessment of the Group\u2019s credit profile while highlighting the increased resilience of its business model and the relevance of its strategy. Last December, Fitch Ratings also confirmed its rating at \u201cB\u201d with a stable outlook, <\/p>\n<p align=\"justify\">As of March 31, 2026, Viridien maintained a strong liquidity position, including a $125m RCF<sup>5<\/sup>.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:15.79%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(in millions of $)<\/b>\n          <\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Mar. 31, 2026<\/b>\n          <\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Mar. 31, 2025<\/b>\n          <\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Change (%)<\/b>\n          <\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Dec. 31, 2025<\/b>\n          <\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Change (%)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:15.79%;border-top: solid black 1pt;vertical-align: middle\">\n            <b>Liquidity <\/b>\n          <\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b> 255<\/b>\n          <\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b>257<\/b>\n          <\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b>-1%<\/b>\n          <\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b>273<\/b>\n          <\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b>-7%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:15.79%;vertical-align: middle\">Cash<\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;vertical-align: middle\"> 155<\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;vertical-align: middle\"> 147<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;vertical-align: middle\">+6%<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;vertical-align: middle\"> 173<\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;vertical-align: middle\">-10%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:15.79%;border-bottom: solid black 1pt;vertical-align: middle\">Undrawn RCF<\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 100<\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 110<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-9%<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 100<\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">0%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:15.79%;border-top: solid black 1pt;vertical-align: middle\">\n            <b>Gross Debt<\/b>\n          <\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b> 1,002<\/b>\n          <\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b> 1,119<\/b>\n          <\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b>-10%<\/b>\n          <\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b> 1,061<\/b>\n          <\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">\n            <b>-6%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:15.79%;vertical-align: middle\">Bonds<\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;vertical-align: middle\"> 845<sup>6<\/sup><\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;vertical-align: middle\"> 964<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;vertical-align: middle\">-12%<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;vertical-align: middle\"> 895<\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;vertical-align: middle\">-6%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:15.79%;vertical-align: middle\">Other borrowings<\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;vertical-align: middle\"> 12<\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;vertical-align: middle\"> 31<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;vertical-align: middle\">-62%<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;vertical-align: middle\"> 13<\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;vertical-align: middle\">-9%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:15.79%;border-bottom: solid black 1pt;vertical-align: middle\">Lease liabilities <\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 145<\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 124<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">+17%<\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 135<\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">+7%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:15.79%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net Debt<\/b><br \/>\n            <sup><br \/>\n              <b>7<\/b><br \/>\n            <\/sup>\n          <\/td>\n<td style=\"width:6.87%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 847<\/b>\n          <\/td>\n<td style=\"width:6.86%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 972<\/b>\n          <\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-13%<\/b>\n          <\/td>\n<td style=\"width:6.84%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 888<\/b>\n          <\/td>\n<td style=\"width:6.8%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-5%<\/b>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p align=\"center\">\n        <b>OUTLOOK<\/b>\n      <\/p>\n<p align=\"justify\">The situation in the Middle East remains uncertain, and Viridien continues to closely monitor developments.<\/p>\n<p align=\"justify\">While some delays in project approvals may persist in the near term, these are primarily related to timing effects rather than underlying demand.<\/p>\n<p align=\"justify\">Beyond the near term, structural drivers are supportive. Current tensions highlight the importance of energy security and supply diversification. Combined with accelerating field depletion and a prolonged period of underinvestment, this is expected to drive a renewed cycle in exploration spending across both frontier and mature basins.<\/p>\n<p align=\"justify\">In this context, the Group reiterates its 2026 guidance of $100m in Net Cash Flow generation, with a seasonal profile similar to 2025.<\/p>\n<p align=\"center\">***<\/p>\n<p align=\"left\">\n        <b>Q1 2026 conference call details<\/b><\/p>\n<p>The press release and presentation will be made available on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GnqUlTUhIVu6kbk80jrmLtjD4ktro9ANejy5pZMLbWZF1SVfhHYkKofJMCQWQzBs7XXrKhTrniOhA6gdjq7_d4xpxnhYPclX20a09AHY-Wc=\" rel=\"nofollow\" target=\"_blank\">www.viridiengroup.com<\/a> at 5:45 p.m. (CET).<\/p>\n<p>An English-language conference call is scheduled today at 6:00 p.m. (CET).<\/p>\n<p align=\"justify\">Participants must register for the conference call by clicking <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DvsgSDtK_gssFpnOfW_ULugJaiAIKRniNrzrx2lEKOdRnusKUa9Xdn-nQCpQNC5_tE59PWIR3VNsZjGTo6ukT_2zZU59Va6LYpUFCa0CmSwFtNSFutrsfKnrvybq8LbLMotrb8nLzihhwASDaiTfMv6_TIqoTUmMFsWEDSYPNRA=\" rel=\"nofollow\" target=\"_blank\">here<\/a> to receive a dial-in number and PIN code. Participants may also join the live webcast by clicking <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DvsgSDtK_gssFpnOfW_ULsro2rhmNQmwMUrVS7mLTo3uJcRT16im9a46HJ4kg4x-IUHMK1WggkWhfLnsecE_O9HsQozv8T1YSvKy014wY9U=\" rel=\"nofollow\" target=\"_blank\">here<\/a>. <\/p>\n<p align=\"justify\">A replay of the conference call will also be available, for a period of 12 months, on the Company&#8217;s website <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GnqUlTUhIVu6kbk80jrmLtjD4ktro9ANejy5pZMLbWbTf14Do-vmfpn0Zk4EA7Dd6EYOWhhHddJbpTUxr95nWkXuUXDxmRULJrhGer3yX3Y=\" rel=\"nofollow\" target=\"_blank\">www.viridiengroup.com<\/a>.<\/p>\n<p align=\"left\">\n        <b>Status of the Statutory Auditors\u2019 procedures<\/b>\n      <\/p>\n<p align=\"justify\">The Board of Directors met on May 5, 2026, and closed the consolidated financial statements as of March 31, 2026. Please note that the figures and information published in this press release have not been audited nor subject to any limited review by Viridien\u2019s statutory auditors.<\/p>\n<p align=\"left\">\n        <b>Next financial information<\/b>\n      <\/p>\n<p align=\"justify\">2026 second-quarter results: July 30, 2026 (after market close) <\/p>\n<p align=\"left\">\n        <b>About Viridien<\/b><\/p>\n<p>        <i>Viridien (<\/i><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GnqUlTUhIVu6kbk80jrmLtjD4ktro9ANejy5pZMLbWaQVCTAgWifbWoFsWOuBzPJm0M_VDdx9oRSRVGja4-wmMUuY19pWbwnq_67C_v6eBE=\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <i>www.viridiengroup.com<\/i><br \/>\n        <\/a><br \/>\n        <i>) 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 resources, digital, energy transition and infrastructure challenges. Viridien employs around 3,200 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).<\/i>\n      <\/p>\n<p align=\"left\">\n        <b>Disclaimer<\/b><\/p>\n<p>        <i>Certain information included in this press release is not historical data but forward-looking statements. These forward-looking statements are based on current beliefs and assumptions, including, but not limited to, assumptions about current and future business strategies and the environment in which Viridien operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results or performance, or the results or other events, to be materially different from those expressed or implied in such forward-looking statements. These risks and uncertainties include those discussed or identified in Chapter 2 &#8220;Risk Management and Internal Control&#8221; of the Universal Registration Document dated April 2, 2026, filed with the French Financial Markets Authority (AMF) under number D. 26-0211 and available on the Group&#8217;s website (www.viridiengroup.com) and on the AMF website (www.amffrance.org). These forward-looking statements and information are not guarantees of future performance. Forward-looking statements speak only as of the date of this press release. This press release does not contain or constitute an offer of securities or an invitation or inducement to invest in securities in France, the United States, or any other area.<\/i>\n      <\/p>\n<p>\n        <b><br \/>\n          <i>Investors contact<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b>VP Investor Relations and Corporate Finance<\/b><br \/>\n        <br \/>Alexandre Leroy<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fq1G0sSYMfQHLbbjsFTNVSlJg57eEKBPoAdkQur6QldaeBi5rSgepZYV-P6Z9h44tRtDtUcCUXpK3Fcr7s9YLzJx7ZYhfSnUQkUcA1Ev69nAcILxD0MYTQ1wlbIDUc6EVvmfMuqw5rjwf5_Cr18_zA==\" rel=\"nofollow\" target=\"_blank\">alexandre.leroy@viridiengroup.com<\/a><br \/>+33 6 85 18 44 31<\/p>\n<p>\n        <b><br \/>\n          <i>Media contact<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b>Brunswick <\/b><br \/>\n        <br \/>Aur\u00e9lia de Lapeyrouse &#8211; +33 6 21 06 40 33<br \/>Hugues Bo\u00ebton &#8211; +33 6 79 99 27 15<br \/>Tristan Roquet Mont\u00e9gon &#8211; +33 6 37 00 52 57<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jEkqkq_6CZ-bUsXrnajVFErKKzrWHhFJKa7nkqNdNRAwtRwV7RkmB7khzWHCaOY7g1knleLt1H8LTpVX7PpzsBO6YrzmtlWkKjk-TNzde6UQtmcQLUWfhL4qrDoz3U2G\" rel=\"nofollow\" target=\"_blank\">viridien@brunswickgroup.com<\/a><\/p>\n<p align=\"center\">\n        <b>APPENDICES<\/b>\n      <\/p>\n<p align=\"justify\">Quarterly financial statements are unaudited and not subject to any review.<\/p>\n<p align=\"left\">\n        <b>Key Segment P&amp;L figures<\/b>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:25.23%;vertical-align: middle\">\n            <b>(in millions of $)<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Q1 2026<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Q1 2025<\/b>\n          <\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>Change (%)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\u20ac\/$ exchange rate<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">1.18<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">1.04<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">+14%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle\">\n            <b>Segment Revenue<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>214<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>301<\/b>\n          <\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>-29%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle\">DDE<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">153<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">214<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">-29%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle\">Geoscience<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">98<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">110<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">-11%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle\">Earth Data<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">54<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">104<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">-48%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle\">SMO<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">61<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">87<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">-30%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle\">Land<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">30<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">51<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">-40%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle\">Marine<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">19<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">25<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">-26%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: middle;text-align: left;padding-left: 30.0px;border-bottom: solid black 1pt;vertical-align: middle\">Other<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">12<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">11<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">+6%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Segment EBITDAs<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>77<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>142<\/b>\n          <\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-46%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle\">\n            <b>Adjusted Segment EBITDAs<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>76<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>143<\/b>\n          <\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>-47%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle\">DDE<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">89<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">137<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">-35%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle\">SMO<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">-7<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">14<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">n.a.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle\">Corporate and other<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">-6<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">-8<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-23%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Segment Operating Income<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>23<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>65<\/b>\n          <\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-65%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle\">\n            <b>Adjusted Segment Operating Income<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>22<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>66<\/b>\n          <\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <b>-66%<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle\">DDE<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">42<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">66<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">-36%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle\">SMO<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">-13<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;vertical-align: middle\">8<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;vertical-align: middle\">n.a.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle\">Corporate and other<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-7<\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-9<\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-18%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:25.23%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>EDA Cash EBITDA<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>15<\/b>\n          <\/td>\n<td style=\"width:8.26%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>39<\/b>\n          <\/td>\n<td style=\"width:8.25%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>-62%<\/b>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"left\">\n        <b>Other KPIs<\/b>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:19.25%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(in millions of $)<\/b>\n          <\/td>\n<td style=\"width:6.16%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Q1 2026<\/b>\n          <\/td>\n<td style=\"width:6.16%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Q1 2025<\/b>\n          <\/td>\n<td style=\"width:6.15%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Change (%)<\/b>\n          <\/td>\n<td style=\"width:6.14%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>FY 2025<\/b>\n          <\/td>\n<td style=\"width:6.13%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Change (%)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:19.25%;border-bottom: solid black 1pt;vertical-align: middle\">Geoscience backlog<\/td>\n<td style=\"width:6.16%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">231<\/td>\n<td style=\"width:6.16%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">329<\/td>\n<td style=\"width:6.15%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">-30%<\/td>\n<td style=\"width:6.14%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">256<\/td>\n<td style=\"width:6.13%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">-10%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:19.25%;border-bottom: solid black 1pt;vertical-align: middle\">Total capex<\/td>\n<td style=\"width:6.16%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">40<\/td>\n<td style=\"width:6.16%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">61<\/td>\n<td style=\"width:6.15%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">-34%<\/td>\n<td style=\"width:6.14%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">207<\/td>\n<td style=\"width:6.13%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">n.a.<\/td>\n<\/tr>\n<tr>\n<td style=\"width:19.25%;border-bottom: solid black 1pt;vertical-align: middle\">Earth Data library net book value<\/td>\n<td style=\"width:6.16%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">498<\/td>\n<td style=\"width:6.16%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">489<\/td>\n<td style=\"width:6.15%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">+2%<\/td>\n<td style=\"width:6.14%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">494<\/td>\n<td style=\"width:6.13%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">+1%<\/td>\n<\/tr>\n<\/table>\n<p align=\"left\">\n        <b>Definition of Alternative Performance Indicators (API)<\/b>\n      <\/p>\n<p align=\"justify\">In its communications, Viridien includes Alternative Performance Indicators, the main ones being Segment Revenue, Segment EBITDAs, Adjusted Segment EBITDAs, and EDA Cash EBITDA. Their definitions are set out in the 2025 Universal Registration Document filed with the French Financial Markets Authority (AMF) and are reiterated below:<\/p>\n<ul type=\"square\">\n<li style=\"margin-bottom:10pt;text-align:justify\">\n          <b>Segment revenue: <\/b>Segment revenue is prepared in accordance with internal management reporting with Earth Data prefunding revenues recorded based upon percentage of completion.<\/p>\n<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">\n          <b>Segment EBITDAs: <\/b>Segment EBITDAs is defined as earnings before interest, tax, income from equity affiliates, depreciation, amortization net of amortization costs capitalized to Earth Data surveys, and cost of share-based compensation for employees and senior executives. The cost of share-based compensation includes the cost of stock options and allotments of performance shares. Segment EBITDAs is calculated based on internal management reporting, in which prefunding revenue from Earth Data surveys is recognized using the percentage of completion method.<\/p>\n<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">\n          <b>Adjusted segment EBITDAs: <\/b>Adjusted segment EBITDAs is Segment EBITDAs adjusted for non-recurring charges and gains.<\/p>\n<\/li>\n<li style=\"margin-bottom:10pt;text-align:justify\">\n          <b>EDA Cash EBITDA: <\/b>EDA Cash EBITDA is defined as EDA (Earth Data) adjusted segment EBITDAs less investment in EDA surveys for the period, excluding inactivity compensation fees related to the vessel capacity agreement signed between Viridien and Shearwater. This indicator is used exclusively for the EDA activity.<\/p>\n<\/li>\n<\/ul>\n<p align=\"left\">\n        <b>Reconciliation of API with the consolidated financial statements<\/b>\n      <\/p>\n<p align=\"justify\">The table below outlines the accounting adjustments made in accordance with IFRS 15<sup>8<\/sup> requirements. Over the period, these adjustments primarily relate to major survey projects conducted by Earth Data in the US Gulf and Norway.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td rowspan=\"2\" style=\"width:26.02%;border-right: solid black 1pt;vertical-align: middle\">\n            <b>(in millions of $)<\/b><\/p>\n<p>\u00a0<\/td>\n<td colspan=\"3\" style=\"width:23.98%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: middle\">\n            <b>Q1 2026<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:7.18%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: middle\">\n            <b>Segment<\/b>\n          <\/td>\n<td style=\"width:9.75%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>IFRS 15 adjustments<\/b>\n          <\/td>\n<td style=\"width:7.05%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>IFRS<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:26.02%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Revenue<\/b>\n          <\/td>\n<td style=\"width:7.18%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: middle\">214<\/td>\n<td style=\"width:9.75%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">-13<\/td>\n<td style=\"width:7.05%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">200<\/td>\n<\/tr>\n<tr>\n<td style=\"width:26.02%;border-right: solid black 1pt;vertical-align: middle\">\n            <b>EBITDAs<\/b>\n          <\/td>\n<td style=\"width:7.18%;text-align: center;vertical-align: middle;border-left: solid black 1pt;vertical-align: middle\">77<\/td>\n<td style=\"width:9.75%;text-align: center;vertical-align: middle;vertical-align: middle\">-13<\/td>\n<td style=\"width:7.05%;text-align: center;vertical-align: middle;vertical-align: middle\">63<\/td>\n<\/tr>\n<tr>\n<td style=\"width:26.02%;border-right: solid black 1pt;vertical-align: middle\">Non-recurring charges and gains<\/td>\n<td style=\"width:7.18%;text-align: center;vertical-align: middle;border-left: solid black 1pt;vertical-align: middle\">0<\/td>\n<td style=\"width:9.75%;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.05%;text-align: center;vertical-align: middle;vertical-align: middle\">0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:26.02%;border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Adjusted EBITDAs<\/b>\n          <\/td>\n<td style=\"width:7.18%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: middle\">76<\/td>\n<td style=\"width:9.75%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-13<\/td>\n<td style=\"width:7.05%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">63<\/td>\n<\/tr>\n<tr>\n<td style=\"width:26.02%;border-top: solid black 1pt;border-right: solid black 1pt;vertical-align: middle\">\n            <b>Operating Income<\/b>\n          <\/td>\n<td style=\"width:7.18%;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-left: solid black 1pt;vertical-align: middle\">23<\/td>\n<td style=\"width:9.75%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">-3<\/td>\n<td style=\"width:7.05%;text-align: center;vertical-align: middle;border-top: solid black 1pt;vertical-align: middle\">20<\/td>\n<\/tr>\n<tr>\n<td style=\"width:26.02%;border-right: solid black 1pt;vertical-align: middle\">Non-recurring charges and gains<\/td>\n<td style=\"width:7.18%;text-align: center;vertical-align: middle;border-left: solid black 1pt;vertical-align: middle\">0<\/td>\n<td style=\"width:9.75%;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.05%;text-align: center;vertical-align: middle;vertical-align: middle\">0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:26.02%;border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Adjusted Operating Income<\/b>\n          <\/td>\n<td style=\"width:7.18%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: middle\">22<\/td>\n<td style=\"width:9.75%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">-3<\/td>\n<td style=\"width:7.05%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">19<\/td>\n<\/tr>\n<\/table>\n<p align=\"left\">\n        <b>Consolidated Statement of Operations<\/b>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(in millions of $, except per share data)<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Q1 2026<\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Q1 2025<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Operating revenues<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 200.3 <\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 257.5 <\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Other income from ordinary activities<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 0.0 <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 0.1 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Total income from ordinary activities<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 200.3 <\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 257.6 <\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Cost of operations<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(153.2)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(171.0)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Gross profit<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 47.1 <\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 86.6 <\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Research and development expenses &#8211; net<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(2.0)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(4.0)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Marketing and selling expenses<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(7.6)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(7.7)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">General and administrative expenses<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(18.3)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(18.1)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Other revenues (expenses) &#8211; net<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 0.6 <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(0.3)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Operating Income (loss)<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 19.7 <\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b> 56.4 <\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Cost of financial debt &#8211; gross<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(26.5)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(27.4)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Income from cash and cash equivalents<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 1.2 <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 1.6 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Cost of financial debt &#8211; net<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(25.3)<\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(25.8)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Other financial income (loss)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(0.7)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(46.2)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Income (loss) before income taxes and share of income (loss) from companies accounted for under the equity method<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(6.3)<\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(15.5)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Income taxes<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(3.4)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(12.9)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Income (loss) before share of income (loss) from companies accounted for under the equity method<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(9.7)<\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(28.4)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Net income (loss) from companies accounted for under the equity method<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 0.0 <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(0.2)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net income (loss) from continuing operations<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(9.7)<\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(28.6)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Net income (loss) from discontinued operations<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(0.1)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 0.7 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Consolidated net income (loss)<\/b>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(9.8)<\/b>\n          <\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(28.0)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <i>Attributable to:<\/i>\n          <\/td>\n<td style=\"width:7.57%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.56%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <i>Owners of Viridien SA<\/i>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(9.1)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(27.8)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <i>Non-controlling interests<\/i>\n          <\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(0.7)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(0.2)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.57%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.56%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Weighted average number of ordinary shares outstanding (a)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">7,186,910<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">7,161,218<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Weighted average number of shares outstanding adjusted for dilutive potential ordinary shares (b)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">7,186,910<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">7,161,218<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net income (loss) per share<\/b>\n          <\/td>\n<td style=\"width:7.57%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.56%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Basic (a)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(1.27)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(3.88)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Diluted (b)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(1.27)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(3.88)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net income (loss) from continuing operations per share<\/b>\n          <\/td>\n<td style=\"width:7.57%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:7.56%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Basic (a)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(1.26)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(3.97)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Diluted (b)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(1.26)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(3.97)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net income (loss) from discontinued operations per share<\/b>\n          <\/td>\n<td style=\"width:7.57%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:7.56%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Basic (a)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(0.01)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 0.09 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.87%;border-bottom: solid black 1pt;vertical-align: middle\">Diluted (b)<\/td>\n<td style=\"width:7.57%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(0.01)<\/td>\n<td style=\"width:7.56%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\"> 0.09 <\/td>\n<\/tr>\n<\/table>\n<p align=\"left\">\n        <b>Consolidated Statement of Financial Position<\/b>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(in millions of $)<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Mar. 31, 2026<\/b>\n          <\/td>\n<td style=\"width:7.58%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Dec. 31, 2025<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>ASSETS<\/b>\n          <\/td>\n<td style=\"width:7.59%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.58%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Cash and cash equivalents<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">155.2<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">173.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Trade accounts and notes receivable, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">249.7<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">315.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Inventories and work-in-progress, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">159.5<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">164.3<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Income tax assets<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">33.3<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">31.7<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Other current assets, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">76.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">74.9<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Assets held for sale, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">15.8<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">15.8<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Total current assets<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>689.5<\/b>\n          <\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>774.7<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Deferred tax assets<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">46.9<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">43.4<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Other non-current assets, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">10.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">10.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Investments and other financial assets, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">30.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">30.3<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Investments in companies accounted for under the equity method<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">0.1<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">0.1<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Property, plant and equipment, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">239.1<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">227.4<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Intangible assets, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">578.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">571.9<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Goodwill, net<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1,090.4<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1,092.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Total non-current assets<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>1,994.6<\/b>\n          <\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>1,975.3<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>TOTAL ASSETS<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>2,684.1<\/b>\n          <\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>2,750.0<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.59%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.58%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>LIABILITIES AND EQUITY<\/b>\n          <\/td>\n<td style=\"width:7.59%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:7.58%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Financial debt \u2013 current portion<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">78.6<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">56.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Trade accounts and notes payables<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">56.7<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">66.5<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Accrued payroll costs<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">79.7<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">97.5<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Income taxes payable<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">20.4<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">22.3<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Advance billings to customers<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">20.9<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">17.9<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Provisions\u00a0\u2014 current portion<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">11.5<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">14.4<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Other current financial liabilities<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">0.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">0.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Other current liabilities<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">254.3<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">256.7<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Liabilities associated with non-current assets held for sale<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Total current liabilities<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">523.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">532.6<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Deferred tax liabilities<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">10.2<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">9.1<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Provisions\u00a0&#8211; non-current portion<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">33.7<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">33.3<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Financial debt \u2013 non-current portion<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">959.8<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1,004.8<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Other non-current financial liabilities<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">0.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">0.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Other non-current liabilities<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1.0<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">2.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Total non-current liabilities<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1,004.7<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1,049.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Common stock: 11,194,372 shares authorized and 7,189,314 shares with a nominal value of \u20ac1.00 outstanding at March 31, 2026<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">8.8<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">8.8<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Additional paid-in capital<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">119.5<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">119.1<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Retained earnings<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1,091.1<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">1,110.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Treasury shares<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(20.1)<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(20.1)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Cumulative income and expense recognized directly in equity<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(1.8)<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(1.4)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Cumulative translation adjustment<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(79.0)<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">(86.2)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Equity attributable to owners of Viridien S.A.<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>1,118.5<\/b>\n          <\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>1,130.4<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">Non-controlling interests<\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">37.9<\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">37.8<\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Total equity<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>1,156.4<\/b>\n          <\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>1,168.3<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:34.83%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>TOTAL LIABILITIES AND EQUITY<\/b>\n          <\/td>\n<td style=\"width:7.59%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>2,684.1<\/b>\n          <\/td>\n<td style=\"width:7.58%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>2,750.0<\/b>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"left\">\n        <b>Consolidated Statement of Cash Flows<\/b>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>(in millions of $)<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Q1 2026<\/b>\n          <\/td>\n<td style=\"width:6.53%;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Q1 2025<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>OPERATING ACTIVITIES<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Consolidated net income (loss)<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(9.8)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(28.0)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Less: Net income (loss) from discontinued operations<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.1<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(0.7)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net income (loss) from continuing operations<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>(9.7)<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>(28.6)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Depreciation, amortization, and impairment<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">20.7<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">21.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Impairment and amortization of Earth Data surveys<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">25.6<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">24.3<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Amortization and depreciation of Earth Data surveys, capitalized<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(4.9)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(4.2)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Variance on provisions<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(2.4)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(0.7)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Share-based compensation expenses<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">1.9<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">1.1<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Net (gain) loss on disposal of fixed and financial assets<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.6<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.1<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Share of (income) loss in companies recognized under equity method<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(0.0)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Other non-cash items<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.3<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">30.9<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net cash-flow including net cost of financial debt and income tax<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>32.2<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>44.3<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Less: Cost of financial debt<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">25.3<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">25.8<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Less: Income tax expense (gain)<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">3.4<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">12.9<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net cash-flow excluding net cost of financial debt and income tax<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>60.9<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>83.0<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Income tax paid, net<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(7.7)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(4.1)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net cash-flow before changes in working capital<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>53.2<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>78.9<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Changes in working capital<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>27.4<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>11.6<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211; change in trade accounts and notes receivable<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">74.1<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">24.9<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211; change in inventories and work-in-progress<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">1.1<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">6.3<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211; change in other current assets<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(5.0)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(0.2)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211; change in trade accounts and notes payable<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(10.9)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(19.8)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211; change in other current liabilities<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(32.0)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net cash-flow from operating activities<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>80.6<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>90.5<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>INVESTING ACTIVITIES<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Total capital expenditures (tangible and intangible assets) net of variation of fixed assets suppliers and excluding Earth Data surveys<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(15.7)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(8.8)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Investment in Earth Data surveys<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(24.6)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(52.4)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Proceeds from disposals of tangible and intangible assets<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.9<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Variation in other non-current financial assets<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">2.1<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">2.3<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net cash-flow from investing activities<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>(37.2)<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>(58.9)<\/b>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:33.74%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>FINANCING ACTIVITIES<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Repayment of long-term debt<\/td>\n<td style=\"width:3.2%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(41.6)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(1,074.2)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Total issuance of long-term debt<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">&#8211;<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">964.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Call premium<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(1.2)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(21.9)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Refinancing transaction costs paid<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">&#8211;<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(11.7)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Lease repayments<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(14.2)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(9.8)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Financial expenses paid<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(1.2)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(38.8)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Net proceeds from capital increase:<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211;\u00a0from shareholders<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">0.4<\/td>\n<td style=\"width:6.53%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211; from non-controlling interests of integrated companies<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">&#8211;<\/td>\n<td style=\"width:6.53%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Dividends paid and share capital reimbursements:<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(41.6)<\/td>\n<td style=\"width:6.53%;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(1,074.2)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211;\u00a0to owners of Viridien SA<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">&#8211;<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">964.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">&#8211;\u00a0to non-controlling interests of integrated companies<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(1.2)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: top;text-align: right;vertical-align: middle\">(21.9)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net cash-flow from financing activities<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>(57.9)<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>(192.2)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Effects of exchange rates on cash<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">0.2<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">6.0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Impact of changes in consolidation scope<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(3.4)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Net cash flows incurred by discontinued operations<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(0.1)<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">(0.3)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Net increase (decrease) in cash and cash equivalents<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>(17<\/b>.<b>8)<\/b><\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>(155.0)<\/b>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-bottom: solid black 1pt;vertical-align: middle\">Cash and cash equivalents at beginning of year<\/td>\n<td style=\"width:3.2%;border-bottom: solid black 1pt;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">173.0<\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">301.7<\/td>\n<\/tr>\n<tr>\n<td style=\"width:33.74%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>Cash and cash equivalents at end of period<\/b>\n          <\/td>\n<td style=\"width:3.2%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <b>\u00a0<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>155.2<\/b>\n          <\/td>\n<td style=\"width:6.53%;vertical-align: middle;text-align: left;padding-left: 20.0px;vertical-align: middle;text-align: left;padding-left: 15.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle;text-align: right;vertical-align: middle\">\n            <b>146.6<\/b>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\n        \n      <\/p>\n<hr \/>\n<p align=\"justify\">\n        <sup>1<\/sup> Quarterly financial statements are unaudited and not subject to any review<br \/><sup>2<\/sup> The net debt calculation has been revised to exclude accrued interest, thereby aligning Viridien\u2019s methodology with its banking documentation<\/p>\n<p align=\"justify\">\n        <sup>3<\/sup> Please refer to the \u201cDefinitions of Alternative Performance Indicators\u201d in the appendices for explanations of the terms used in this section<br \/><sup>4<\/sup> The reconciliation of alternative performance indicators to the consolidated financial statements is provided in the appendices, along with their definitions<br \/><sup>5<\/sup> $125m RCF of which $25m ancillary guarantee facility (used for $18m) and $100m fully undrawn<br \/><sup>6<\/sup> Including a $29m negative foreign exchange impact compared to March 31, 2025. Net of capitalized refinancing fees<br \/><sup>7<\/sup> The net debt calculation has been revised to exclude accrued interest, thereby aligning Viridien\u2019s methodology with its banking documentation<\/p>\n<p align=\"justify\">\n        <sup>8<\/sup> IFRS 15 requires that Earth Data prefunding revenues be recognized only upon delivery of the final processed data, that is, when the performance obligation is fulfilled. As a result, revenue and margin recognition for ongoing surveys is deferred. Viridien\u2019s segment reporting, however, continues to apply the percentage-of-completion method previously used before the adoption of IFRS 15, for recognizing Earth Data prefunding revenues and associated margins<\/p>\n<p id=\"gnw_attachments_section-header\">\n        <strong>Attachment<\/strong>\n      <\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n          <a target=\"_blank\" href=\"https:\/\/ml-eu.globenewswire.com\/Resource\/Download\/4ac3ed7c-f01e-4191-bea3-41ca12a420e5\">Viridien &#8211; Q1 2026 results &#8211; press release<\/a>\n        <\/li>\n<\/ul>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTE4MDA3OSM0MDIzODcwMDkjMTAxMTE4MQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/OGU4Y2YwMGQtZDRkMi00MWU0LWI5YTQtNTRjMzk1MWVjMTI1LTEwMTExODEtMjAyNi0wNS0wNS1lbg==\/tiny\/Viridien.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Paris (France), May 5, 2026 2026 first-quarter results Solid cash generation and continued deleveraging in a soft market environment Net Cash Flow generation of $26m compared to -$20m in Q1 2025, driven by disciplined cash management and efficient receivables collection Further reduction in Net Debt (excluding IFRS 16) to $702m vs $735m at end-December 2025, with an additional $40.7m repaid in March on the USD-denominated bond tranche Segment revenue of $214m, reflecting a slow start to the year as anticipated, with additional uncertainty stemming from the ongoing conflict in the Middle East, impacting SMO and GEO Profitability reflecting lower revenue, with segment adjusted EBITDAs of $76m FY 2026 guidance for Net Cash Flow generation of $100m, with a seasonal profile &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/viridien-2026-first-quarter-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Viridien: 2026 first-quarter results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-958308","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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