Viridien reported solid financial performance for 2025, with revenue reaching $1,165 million, representing 4% year-over-year growth. The geoscience and technology services company achieved adjusted EBITDA of $551 million, up 21% compared to the prior year, while net income climbed 40% to $71 million, reflecting improved operational efficiency and profitability across its business segments.
Cash generation remained a key strength, with the company producing $107 million in net cash flow, surpassing its $100 million target for the year. This performance enabled Viridien to further strengthen its balance sheet, reducing net debt to $753 million. Looking ahead to 2026, management has established a comparable net cash flow target of $100 million, contingent on maintained business conditions in the year ahead.
The results were announced alongside significant organizational changes in the executive leadership. Sophie Zurquiyah has transitioned to the role of non-executive President, while Henning Berg has been appointed as the company's new Chief Executive Officer, effective immediately. The leadership changes mark a strategic shift in governance as Viridien continues executing its operational strategy.