Report
OVHcloud : Warning on the top line heavily sanctioned by the market
>Feedback on the key announcements from the H1 publication - Disappointment on business and welcome surprises on costs and investments - OVHcloud’s interim publication yesterday morning, above all highlighted an unexpected warning on the FY 2024 target for organic revenue growth (+9-10% vs +11-13% previously targeted - recap 2023 = +13.4%). This stems from the deterioration of market conditions in Europe (78% of H1 revenue) over the last quarter, with 1/ in private cl...
Underlying
OVH GROUPE
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Emmanuel Matot
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