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The group expects to generate weighted average annual organic revenue growth of 11% to 13% and an adjusted core profit (EBITDA) margin of close to 39% in 2026, the group said in a statement published ahead of its first Investor Day event later in the day. Presenting its strategic plan, the group said it will "continue to rigorously manage its various costs", while margins will benefit from a gradual operating leverage effect over the period. "Despite this context, OVHcloud's revenue growth has b ....
Ovhcloud: Presenting its strategic plan, the group said it anticipates strong growth for its public cloud business during 2024-2026, and slightly lower growth in private cloud compared to previous years. ....
Ovhcloud: Some global cloud companies, including sector major Oracle, have faced a sales slowdown due to macroeconomic uncertainties. OVH in October gave a lower- than-expected sales target for the current year. ....
OVHcloud has reported revenue growth of 13 per cent to €897.3m in FY2023, with a fourth quarter revenue of €230.1m, representing 14.5 per cent like-for-like growth.. ....