LOGO
LOGO

Corporate News

Viridien Expects FY25 Segment Revenue To Cross $1.15 Bln

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

RELATED NEWS
Latest Updates on COVID-19