Viridien: confident about targets for 2024 and 2025
(CercleFinance.com) - Viridien (formerly CGG) reports that its revenues and EBITDA for fiscal 2024 should be slightly above $1.
1bn and $430m respectively, in line with its own forecasts.
The geosciences group also expects net cash generation of around $50m, exceeding its initial target of around $30m, leading to net debt (after IFRS 16) of around $930m.
For FY 2025, Viridien reiterates its net cash generation target of around $100m, saying it is encouraged by the performance of DDE and the successful execution of the transformation plan for the SMO segment.
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1bn and $430m respectively, in line with its own forecasts.
The geosciences group also expects net cash generation of around $50m, exceeding its initial target of around $30m, leading to net debt (after IFRS 16) of around $930m.
For FY 2025, Viridien reiterates its net cash generation target of around $100m, saying it is encouraged by the performance of DDE and the successful execution of the transformation plan for the SMO segment.
Copyright (c) 2025 CercleFinance.com. All rights reserved.