Overview
- Octave Klaba returned as chief executive with immediate effect after the board combined the chairman and CEO roles, replacing Benjamin Revcolevschi.
- OVHcloud reported FY2025 revenue of €1.08 billion, up 9.3%, with a 40.4% adjusted EBITDA margin, marking its first year above €1 billion.
- Guidance for FY2026 calls for 5%–7% organic revenue growth, a higher adjusted EBITDA margin, and capex at 30%–32% of revenue, which prompted shares to drop about 18% on Tuesday.
- Net debt rose to €1.1 billion as of August, largely tied to a share buyback, while liquidity stood at €242 million to support multi-year development plans.
- Klaba emphasized growing AI demand and cloud independence in a fragmenting global landscape, outlined international expansion in markets including Canada, Singapore and India, and acknowledged the EU’s €180 million cloud tender.