Viridien: adjusted EBITDA up 7% for nine months

(CercleFinance.com) - For the first nine months of 2024, Viridien reported net cash flow of $34m, compared with -$15m a year ago, with adjusted EBITDA up 7% to $298m, on sales down 3% to $778m.


Our year-to-date results demonstrate the strength of our strategic vision, with significant progress in technology leadership, new business growth and cash generation, it comments.

Geoscience performed particularly well, leveraging its clear differentiation, cutting-edge imaging technology and computing power to achieve a record order book, the group adds.

Viridien confirms its 2024-25 financial roadmap and reiterates its targets for the current year, including sales close to 2023 levels and net cash flow forecast at a similar level to 2023.


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