News
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REGULATED PRESS RELEASE
OVHcloud - OVHcloud improves its profitability and cash generation in the first half of FY2024, in a challenging environment
OVHcloud reports improved profitability and cash generation in the first half of FY2024, with organic revenue growth of 10.8% and adjusted EBITDA margin at 37.9%. Revised 2024 targets announced -
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REGULATED PRESS RELEASE
OVHcloud - FY24 Investor Day
OVHcloud recently presented its strategic plan, Shaping the Future, at its Investor Day in London. The plan focuses on four strategic pillars and unchanged growth drivers, as well as new financial targets and medium-term ESG objectives. The announcement includes the confirmation of FY2024 and FY2025 targets, as well as the unveiling of new financial targets for FY2026. The press release also highlights significant achievements and developments, such as the successful deployment of its strategic roadmap and the expansion of its geographical footprint. OVHcloud has also confirmed its contribution to Net Zero and low-carbon energy targets. With a strong focus on market expansion, innovation, and sustainable growth, the company aims to maximize cash generation while addressing the demand for data sovereignty. OVHcloud is poised to achieve its strategic goals and enhance its competitive advantages in the cloud market. -
REGULATED PRESS RELEASE
OVHcloud - Q1 FY2024 Revenue Press Release
OVHcloud has achieved robust growth in the first quarter of 2024, with revenue reaching €240 million, a 12.0% increase on a like-for-like basis and an 11.0% increase as reported. With strong growth in both the Public and Private Cloud segments, and a sustainable cloud offering, the company is well-positioned to meet its FY2024 targets. The opening of a new datacenter in Singapore further expands OVHcloud's global footprint. The Investor Day in London on 17th January will provide a comprehensive overview of the business model and prospects. The Group is confident in delivering value for both customers and shareholders in both the short and long term. -
REGULATED PRESS RELEASE
OVHcloud - FY23 Results - A year of robust growth
