Viridien : Full-year 2025 financial update

Rhea-AI Summary

Viridien (NYSE:CGG) provided a preliminary full-year 2025 financial update showing robust activity and strong cash generation. Segment revenue is expected to exceed $1,150 million, including >$440 million in Geoscience (+10% YoY) and >$400 million in Earth Data. Solid cash flow generation exceeded $130 million, with net cash flow for 2025 above $100 million after repaying a $28 million asset-backed facility. The group repaid $97 million of bonds using the 10% annual optional redemption clause. Estimated net debt (pre-IFRS 16) stands around $750 million. Figures are preliminary and unaudited. Full-year 2025 results will be released on February 26, 2026 after market close.

Positive

• Total segment revenue expected >$1,150 million
• Geoscience revenue >$440 million, up 10% YoY
• Earth Data revenue expected >$400 million
• Cash generation >$130 million, net cash flow >$100 million

Negative

• Net debt (pre-IFRS 16) ~ $750 million
• Preliminary results have not been audited by statutory auditors
• Repayment of $97 million in bonds reduced available liquidity

Key Figures

Segment revenue 2025: >$1,150 million Geoscience revenue: >$440 million Earth Data revenue: >$400 million +5 more

8 metrics

Segment revenue 2025 >$1,150 million Full-year 2025 expected segment revenue

Geoscience revenue >$440 million Full-year 2025 Geoscience revenue, +10% year-on-year

Earth Data revenue >$400 million Full-year 2025 Earth Data revenue

Cash flow generation >$130 million Full-year 2025 solid cash flow generation

Net Cash Flow 2025 >$100 million Net Cash Flow after repayment of asset-backed facility

Asset-backed facility repaid $28 million Facility related to Group’s HPC infrastructure repaid in 2025

Bond repayments 2025 $97 million Bond repayments utilizing 10% annual optional redemption clause

Net debt year-end 2025 ≈$750 million Net debt (pre-IFRS 16) expected at year-end 2025

Market Reality Check

Vol: Volume 0 vs 20-day averag...

normal vol

Volume Volume 0 vs 20-day average of 25,516; relative volume at 0 ahead of this update normal

Technical Trading below 200-day MA at 3.17 before this announcement

Peers on Argus

No peers appeared in the momentum scanner and no same-day peer headlines were re...

No peers appeared in the momentum scanner and no same-day peer headlines were recorded, suggesting a stock-specific reaction to this financial update.

Market Pulse Summary

This announcement highlights expected 2025 segment revenue above $1,150 million, strong cash generat...

Analysis

This announcement highlights expected 2025 segment revenue above $1,150 million, strong cash generation above $130 million, and net cash flow above $100 million used to repay a $28 million asset-backed facility and $97 million of bonds. Net debt is still around $750 million, so balance sheet progress versus remaining leverage is a key consideration. Investors may watch the audited 2025 results on February 26, 2026 for confirmation of these preliminary figures.

Key Terms

asset-backed facility, bond repayments, optional redemption clause, net debt, +2 more

6 terms

asset-backed facility financial

"after repayment of the $28 million asset-backed facility related to the Group’s"

An asset-backed facility is a loan or credit line that is secured by a company's tangible or financial assets—such as receivables, inventory, equipment, or loans—so the lender can claim those assets if the borrower can't repay. For investors, it matters because the presence and quality of the pledged assets lower the lender's risk, affect a company's cost of borrowing and liquidity, and can influence creditworthiness and potential losses in a downturn; think of it like a mortgage but using business assets instead of a house.

bond repayments financial

"Bond repayments totaling $97 million, fully utilizing the 10% annual optional"

Bond repayments are the scheduled return of money from a borrower (the issuer) to lenders (bondholders), consisting of regular interest payments and the final return of the loaned amount at the bond’s maturity. Investors watch repayments because they indicate the issuer’s ability to meet obligations—on-time payments act like a reliable paycheck and preserve the bond’s value, while delayed or missed repayments raise the risk of loss, change pricing, and affect returns.

optional redemption clause financial

"totaling $97 million, fully utilizing the 10% annual optional redemption clause"

An optional redemption clause is a contract feature in a bond or loan that gives one party—most often the issuer—the right to pay off the debt before its scheduled maturity under specified conditions and at a set price. For investors this matters because early repayment changes the expected stream of interest payments and can reduce total returns or create reinvestment risk, similar to getting paid off early on a loan and having to find a new place to park that money.

net debt financial

"Net debt (pre-IFRS 16) expected to stand around $750 million at year-end"

Net debt is the total amount a company owes after subtracting the cash and assets it has that can be used to pay off that debt. It shows how much debt is truly a burden, helping investors understand if a company is financially healthy or heavily borrowed. Think of it like calculating how much money you owe after using your savings to pay part of it.

IFRS 16 regulatory

"Net debt (pre-IFRS 16) expected to stand around $750 million at year-end"

An international accounting rule that requires companies to record most leases on their balance sheet as assets and matching obligations, rather than keeping them off the books. Think of it like treating a long-term rental of a car as if the company owned it for accounting purposes; this makes a company’s assets, liabilities and reported profits more transparent so investors can better compare financial strength, debt levels and cash flow trends across businesses.

statutory auditors regulatory

"have not been audited and have not been subject to any review by Viridien’s statutory auditors."

Statutory auditors are independent, legally required professionals who examine a company's financial statements and records to confirm they are accurate and comply with law. Think of them as an impartial inspector or referee who checks the bookkeeping and internal controls; their reports give investors confidence that reported profits, losses and risks are reliable and help detect errors, fraud or accounting problems that could affect a company’s value.

AI-generated analysis. Not financial advice.

Paris (France), January 12, 2026

Full-year 2025 financial update

• Robust activity, with segment revenue expected to exceed $1,150 million, including more than $440 million in Geoscience (+10% year-on-year) and more than $400 million in Earth Data
  
  
• Solid cash flow generation above $130 million, resulting in Net Cash Flow for 2025 exceeding $100 million after repayment of the $28 million asset-backed facility related to the Group’s HPC infrastructure
  
  
• Bond repayments totaling $97 million, fully utilizing the 10% annual optional redemption clause included in the bond documentation
  
  
• Net debt (pre-IFRS 16) expected to stand around $750 million at year-end
  
  

Sophie Zurquiyah, Chair and CEO of Viridien: “2025 marked another important milestone in the execution of our asset-light strategy and financial roadmap. We delivered solid operational performance across our core activities, driven by continued growth in Data, Digital & Energy Transition, while successfully finalizing the restructuring phase of Sensing & Monitoring. We were also particularly active in cash and balance sheet management, generating above $130 million of cash, which we allocated to debt repayment. As we enter 2026 with a strengthened financial position, our focus remains clear: continuing to deliver outstanding products and services with operational excellence, to support sustainable cash generation and ongoing debt reduction.”

***

Status of the statutory auditors’ procedures

The above preliminary indications of the Group’s 2025 performance have not been audited and have not been subject to any review by Viridien’s statutory auditors.

Next financial information

2025 full-year results: February 26, 2026 (after market close)

About Viridien

Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resources, digital, energy transition and infrastructure challenges. Viridien employs around 3,200 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).

Disclaimer

Certain information included in this press release is not historical data but forward-looking statements. These forward-looking statements are based on current beliefs and assumptions, including, but not limited to, assumptions about current and future business strategies and the environment in which Viridien operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results or performance, or the results or other events, to be materially different from those expressed or implied in such forward-looking statements. These risks and uncertainties include those discussed or identified in Chapter 2 "Risk Management and Internal Control" of the Universal Registration Document dated March 6, 2025, filed with the French Financial Markets Authority (AMF) under number D. 25-0075 and available on the Group's website (www.viridiengroup.com) and on the AMF website (www.amffrance.org). These forward-looking statements and information are not guarantees of future performance. Forward-looking statements speak only as of the date of this press release. This press release does not contain or constitute an offer of securities or an invitation or inducement to invest in securities in France, the United States, or any other area.

Investors contact

VP Investor Relations and Corporate Finance
Alexandre Leroy
alexandre.leroy@viridiengroup.com
+33 6 85 18 44 31

Attachment

• Viridien - Full-year 2025 financial update

FAQ

What revenue did Viridien (CGG) report for full-year 2025?

Segment revenue is expected to exceed $1,150 million for full-year 2025.

How much did Viridien (CGG) generate in cash flow in 2025?

Viridien generated above $130 million of cash flow, with net cash flow > $100 million after certain repayments.

What is Viridien's (CGG) reported net debt at year-end 2025?

Net debt (pre-IFRS 16) is expected to be around $750 million at year-end 2025.

Did Viridien (CGG) repay bonds in 2025 and how much?

Yes. The group repaid $97 million of bonds, using the 10% annual optional redemption clause.

Are Viridien's (CGG) full-year 2025 figures audited?

No. The 2025 indications are preliminary and have not been audited or reviewed by statutory auditors.

When will Viridien (CGG) publish audited full-year 2025 results?

Audited full-year 2025 results are scheduled for release on February 26, 2026 after market close.