OVH Groupe S.A. (OVH.PA), a French cloud services provider, Tuesday reported a net profit for the fiscal year 2025, compared to a loss last year, benefited by higher revenues that crossed the 1 billion euros threshold. The results were in line with its guidance for the year.
Looking ahead for fiscal 2026, the company projects like-for-like revenue growth to be 5 percent to 7 percent, and adjusted EBITDA margin to be higher than that of fiscal year 2025.
Separately, OVH Groupe announced that it has appointed Octave Klaba as its Chairman and Chief Executive Officer with effect from October 20.
On the Paris Stock Exchange, the shares were trading 14.30 percent lower at 9.59 euros.
In fiscal 2025, the company's consolidated net income was 0.4 million euros, compared a loss of 10.3 million euros for the comparable period.
Earnings before interest and tax or EBIT grew to 69.4 million euros from 25.7 million euros a year ago.
The cloud service provider's adjusted EBITDA was 437.8 million euros, compared to 381.5 million euros last year. Adjusted EBITDA margin of 40.4 percent was higher than 38.4 percent last year
Recurring EBITDA grew to 421.3 million euros from 372.0 million euros in the prior year.
OVH's revenue rose to 1.08 billion euros from 993.1 million euros in the prior period. Like-for-like revenue growth was 9.3 percent.
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