OVHcloud confirms its 2025 financial guidance, driven by a good start to the year.
OVHcloud's consolidated revenue for Q1 FY2025 reached €263.5 million, up 10.1% like for like compared to Q1 FY2024 and up 9.9% as reported. This momentum is the result of excellent customer loyalty, reflected in a high net revenue retention rate of 109% both on a like-for-like basis and as reported.
“We are pleased with our good start to the year with a first quarter testifying to the loyalty and trust our customers place in us. Our double-digit growth in the Private Cloud and Public Cloud segments is being driven by our new product ranges, our sovereign offerings and our artificial intelligence solutions."
@RevcoB CEO OVHcloud
In the coming months, OVHcloud's management will present a plan aligned with a trajectory of profitable, cash-generative growth beyond fiscal year 2025:
🔷Robust and predictable growth of approximately 10%, building on a leading position in private cloud and a strengthened public cloud commercial offering.
🔷Structurally high adjusted EBITDA margin above 40%, supported by operational leverage and operational excellence improvements.
🔷Positive Levered Free Cash Flow in FY2026, driven by EBITDA growth, cost-saving initiatives, and operational efficiency plans.
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