Viridien tops SBF 120 after positive Q1 update

Viridien SA

30/04/2025 10:15

** Shares in Viridien VIRI.PA rise over 8%, to the top of France's SBF 120 .SBF120 index, after the French oil and gas services group published positive Q1 results

** The group reported quarterly adjusted EBITDA up 35% at 143 million euros  ($162.63 million)

** Results were "better than expected", Kevin Roger from Kepler Cheuvreux says

** The analyst also sees a "catch-up effect" after co's share price drop in the past weeks

** Shares are on track for their best day since mid-March

($1 = 0.8793 euros)

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))