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OVHcloud guides for double-digit revenue growth as data centre fire dents FY results

Wednesday 17 November 2021 | 09:21 CET | News
France-based cloud provider OVHcloud generated revenues of EUR 663 million for the fiscal year that ended on 31 August. The annual growth rate was 5 percent on a reported basis, or 12 percent when excluding the impact of the fire incident at OVHcloud's data centre in Strasbourg and adjusting for scope/currency movements. The revenue impact from the fire at the SBG2 data centre amounted to EUR 28 million. For the current fiscal year 2021/2022, revenue growth is expected to reach the upper end of the 10-15 percent target range set at the time of the company's recent IPO, while the adjusted

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Categories: Fixed / Internet
Companies: OVHcloud
Countries: France / World
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