Economia
Q3 & 9 MONTHS 2024 RESULTS
Paris (France), October 31 , 2024, 17h45 CET
Q3 & 9 MONTHS 2024 RESULTS
DELIVERING ON CASH GENERATION AND FINANCIAL ROADMAP
ON TRACK TO HIT OUR FULL YEAR TARGET
Sophie Zurquiyah, Chief Executive Officer of Viridien, said:
“Our results since the start of the year demonstrate the strength of our strategic vision, with technology leadership, new business growth, and cash flow all showing significant progress.
Geoscience was particularly strong this quarter, leveraging its clear differentiation, best-in class imaging technology and HPC computing power to achieve a record high order book. In Earth Data, the Laconia project, using our most advanced technology, saw increased prefunding and is continuing to progress well.
Sensing & Monitoring is actively implementing its adaption plan and is on track to achieve in 2025 the expected outcomes in cost reduction and operational flexibility to improve performance across the industry cycles.
Lastly, we continue to address our financial roadmap with the implementation of the bond buyback program and looking forward, reaffirm our full-year targets”.
Third Quarter Highlights
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A replay of the conference call will be made available the day after for a period of 12 months in audio format on the Company's website.
The Board of Directors met on October 31, 2024 and approved the consolidated financial statements ending September 30, 2024.
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 resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN until July 30: FR0013181864 and ISIN as from July 31: FR001400PVN6).
Contact:
VP Corporate Finance
Jean-Baptiste Roussille
jean-baptiste.roussille@viridiengroup.com
Q3 2024 - Financial Results
CONSOLIDATED FINANCIAL STATEMENTS - September 30 , 2024
Unaudited Interim Consolidated statement of operations – Year-To-Date
(a) Earning per share is presented as nil being less than US$0.01 at September 30,2023.
See the notes to the Unaudited Interim Consolidated Financial Statements
Unaudited Interim Consolidated statement of comprehensive income (loss) – Year-To-Date
(a) Including other comprehensive income related to the discontinued operations.
Unaudited Interim Consolidated statement of financial position
See the notes to the Unaudited Interim Consolidated Financial Statements
Unaudited Interim Consolidated statement of cash flows
See the notes to the Interim Consolidated Financial Statements
Unaudited Interim Consolidated statements of changes in equity
(a) Pro forma following Reverse Share Split
(b) Reverse Share Split: Pursuant to a delegation from the Combined General Meeting of shareholders of May 15, 2024, and a sub-delegation from the Board of Directors held on the same day, the Company's Chief Executive Officer has decided to implement a reverse share split on the basis of 1 new share of €1.00 nominal value for 100 old shares of €0.01 nominal value.
All variations refer to the same period last year
Unless otherwise stated , all figures and comment s are referring to “Segment” (i.e. pre-IFRS 15), as defined in the 2023 U niversal
R egistration D ocument 's glossary , under section 8.7
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