OVH Groupe (FRA:7U7)

€ 8.455 0.115 (1.38%) Market Cap: 1.63 Bil Enterprise Value: 2.46 Bil PE Ratio: 0 PB Ratio: 4.18 GF Score: 74/100

Q3 2023 Ovh Groupe SA Corporate Sales Call Transcript

Jun 29, 2023 / 08:00AM GMT

Release Date Price: €9.1 (+3.23%)

Transcript

Operator

Hello, and welcome to the OVHcloud Third Quarter Fiscal Year 2023 Revenue Call. My name is George, and I'll be your coordinator for today's event. (Operator Instructions) Please note that this conference is being recorded. Today's speakers will be Mr. Paulin, CEO; and Ms. Stephanie Besnier, CFO. I'd now like to hand the call over to the OVH team to begin today's conference.

Michel Paulin

OVH Groupe S.A. - CEO & Director

Hello. Good morning, everyone. I am Michel Paulin, CEO of OVHcloud. Thank you for being with us today for OVHcloud's Q3 2023 revenue publication. Q3 has been a good quarter with a sustained revenue growth of 13.2% like-for-like. In absolute terms, our revenue reached EUR 228 million and grew by 12.6% as reported. In terms of key takeaways for our third quarter, I'd like to highlight the following. First, we are growing above 20% in the Public Cloud and in the mid-teens in Private Cloud. Second, we have a continuous acceleration in Europe after an already very strong H1. Third, growing demand for sovereign solutions quarter after quarter acts

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