Viridien jumps on report it might sell sensor unit

Viridien SA

09/01/2026 15:41

Updates

** Shares in France's Viridien VIRI.PA jump around 6%, leading gains on the SBF120 index .SBF120, after Bloomberg News reported the geoscience firm is considering the sale of its sensor unit to cut debt amid lower oil prices

** The report adds CEO Sophie Zurquiyah, preparing to hand over to Henning Berg in June, said asset sales would be strategic questions for the company, and that sensing and monitoring accounted for 30% Viridien's 2024 sales

** "With respect to SMO (our sensor business) there is currently no divestment process underway," a company spokesperson told Reuters in a statement

** The stock is at its highest price since November 19 and is trading near five-year highs

** It has gained about 22% in the last two weeks

 (Reporting by Alessandro Parodi and Gianluca Lo Nostro)

 ((Alessandro.Parodi@thomsonreuters.com;))