Viridien (GDG.F,VIRI.PA) Monday said that it expects segment revenue in fiscal 2025 to exceed $1.15 billion, in the backdrop of robust activity throughout the year. This includes more than $440 million in Geoscience revenue, representing a 10 percent year-on-year increase, and over $400 million from Earth Data, the company added.
The technology, digital and Earth data company also announced bond repayments totaling $97 million, thus reflecting the full utilization of the 10 percent annual optional redemption clause included in its bond documentation.
Net debt, excluding IFRS 16 impacts, is expected to be approximately $750 million at year-end, Viridien said in an official statement.
On the Frankfurt Exchange, GDG.F is trading down 0.09 percent at 115.60 euros.
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