OVHcloud: Q3 sales up 10%

(CercleFinance.com) - OVHcloud reports Q3 sales of E250.
8m, up 10.1% y-o-y as reported, including 9% LFL growth.

It says that this dynamic performance is explained by an improvement in ARPAC on the private Cloud, supported by good take-up of a new range of high-performance servers, and a significant increase in the number of new customers on the public Cloud.

OVHcloud confirms all its targets for FY 2024, including organic sales growth of 9% to 10%, and an adjusted EBITDA margin exceeding 37%, as well as its medium-term outlook.


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