Veridien geeft het goede voorbeeld. ;-)
Shares in Viridien jump around 9% to 1-1/2-yr highs after Kepler Cheuvreux upgraded its rating on the geophysical services company to "buy" from "hold", citing extended debt maturity and higher profit outlook
Early 2025 marked a "turning point in Viridien's story," Kepler says, notably with bonds refinancing extending the group's debt maturity to October 2030
"The termination of the contract with Shearwater is a game changer; VIRI is now truly asset light and can be very flexible," Kepler says, anticipating a $54 mln positive impact on EBITDA
The Geoscience segment remains Viridien's "jewel", the broker says, pointing to higher margins than anticipated and record backlog
Among eight analysts covering the stock, five rate it "buy" or "strong buy", two rate it "hold" and one "sell"