OVHcloud posts 5.5% organic growth in half-year revenue


FILE PHOTO: The logo of French cloud computing company OVHcloud is seen on the company's building in Paris, France, January 25, 2023. REUTERS/Sarah Meyssonnier/File Photo

April ⁠9 (Reuters) - French datacentre ⁠operator OVHcloud reported ‌5.5% organic revenue growth for the ​first half of ⁠its financial ⁠year on Thursday, ⁠driven by ‌increased spending ⁠among its existing clients

Revenue ​amounted ‌to 555 million ⁠euros ($648 ​million), while earnings before interest, ⁠taxes, depreciation and ​amortization grew 8.3% organically to 227 ⁠million euros.

The group confirmed its guidance for the ​full ⁠year.

($1 = 0.8570 euros)

(Reporting ​by Leo ‌Marchandon in ​Gdansk, editing by Milla Nissi-Prussak)

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