Viridien Société anonyme/€VIRI

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About Viridien Société anonyme

Viridien Société anonyme, formerly known as CGG, is a French multinational company specializing in geoscience technology and Earth data solutions. Founded in 1931 and headquartered in Massy, France, the company operates through two main segments: Data, Digital & Energy Transition (DDE) and Sensing & Monitoring (SMO). The DDE segment focuses on developing and licensing Earth data seismic surveys, processing geophysical data, and providing geoscience consulting services. The SMO segment designs and manufactures seismic equipment for land and marine data acquisition under brands such as Sercel, Metrolog, GRC, DeRegt, and Geocomp. Viridien serves a global market, including North America, Latin America, Europe, Africa, the Middle East, and the Asia Pacific. The company's strategic positioning emphasizes advanced technology and Earth data solutions, supporting industries like natural resources, environmental monitoring, infrastructure, and energy transition.

Ticker

€VIRI
Sector

Primary listing

PAR

Industry

Energy Equipment & Services
Headquarters

Employees

3,400

ISIN

FR001400PVN6

VIRI Metrics

BasicAdvanced
€446M
20.83
€2.98
1.37
-

Bulls say / Bears say

Viridien's launch of the Sercel Accel, the world's first onshore drop node solution, positions the company at the forefront of seismic data acquisition technology, potentially attracting new clients and increasing market share. (globenewswire.com)
The successful sale of the Sercel Marlin Offshore Logistics solution to ONGC demonstrates Viridien's ability to secure significant contracts, enhancing revenue streams and strengthening its presence in the offshore logistics market. (globenewswire.com)
Viridien's net cash flow of approximately $50 million in 2024 exceeded expectations, indicating strong financial health and effective cost management, which could lead to increased investor confidence. (viridiengroup.com)
As of March 2024, Viridien's net debt stood at approximately $965.7 million, raising concerns about the company's leverage and potential financial risk. (simplywall.st)
The restructuring plan announced in November 2024 for its subsidiary Sercel indicates operational challenges within the seismic equipment segment, which could impact overall performance. (wikipedia.org)
The temporary combination of Chairman and CEO roles as of April 30, 2025, may lead to governance concerns among investors, potentially affecting the company's strategic direction. (marketscreener.com)
Data summarised monthly by Lightyear AI. Last updated on 5 Jul 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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