Visitors stand at the French web-hosting and server provider OVH Group new headquarters in Paris, France, October 17, 2018. Picture taken October 17, 2018. REUTERS/Charles Platiau/File Photo
(Reuters) -French cloud services provider OVHcloud on Wednesday set financial targets for 2026, and said it expects to continue to benefit from digital transformation despite an uncertain macroeconomic environment and temporarily slow cloud market.
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.
