Viridien Reports Strong 2025 Results with 40% Surge in Net Income and Debt Reduction

Key Facts

1Viridien's segment revenue reached $1,165 million in 2025, up 4% year-on-year.

2IFRS Net Income rose by 40% to reach $71 million compared to 2024.

3The company generated $107 million in net cash flow, exceeding the previous guidance of $100 million.

4Net debt (excluding IFRS 16) was reduced to $753 million as part of the deleveraging strategy.

Viridien reported a robust financial performance for the full year 2025, with segment revenue reaching $1,165 million, a 4% increase year-on-year. The company's IFRS Net Income witnessed a significant surge of 40%, climbing to $71 million compared to the previous year. A key highlight was the generation of $107 million in net cash flow, which successfully exceeded the company's prior guidance of $100 million. In line with its deleveraging strategy, Viridien reduced its net debt (excluding IFRS 16) to $753 million, strengthening its balance sheet. CEO Sophie Zurquiyah attributed the success to an asset-light strategy and strong demand in the Geoscience and Earth Data segments, particularly in the Middle East. These results underscore the company's operational efficiency gains and its commitment to improving profitability for its shareholders.