OVHcloud has reported a very good start to the year, with sales of 216 million euros for the first quarter of its 2023 financial year, up 15.4% on the same period last year.

"OVHcloud's strategic focuses - data sovereignty, responsible cloud and innovation - helped accelerate growth in the first quarter, in line with previous quarters", explains the IT services group.

It therefore confirms its acceleration trajectory for 2023, with a sales organic growth target of between +14 and +16%, and an EBITDA margin in line with 2022, as well as its medium-term objectives.

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