Finance
OVHcloud Posts 5.5% Organic Growth in Half-Year Revenue
Published by Global Banking & Finance Review®
Posted on April 9, 2026
2 min readLast updated: April 9, 2026
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OVHcloud delivered 5.5% organic revenue growth in the first half, reaching €555 million, while EBITDA rose 8.3% organically to €227 million; the company reiterated its full-year guidance.
OVHcloud launches new unit to meet demand from European militaries
OVHcloud's Strategic Expansion and Financial Performance
By Leo Marchandon
April 9 (Reuters) - France's OVHcloud is creating a dedicated defence unit after several European defence ministries approached it to support their military digital transformation, the datacentre operator said on Thursday.
Meeting European Defence Needs
Their needs include AI-augmented command, drone orchestration and communication interoperability across armed forces and within NATO systems alongside strict requirements on technological independence from non-European providers, OVH said in a half-year earnings statement.
Technological Independence and Strategic Autonomy
OVH, Europe's leading native cloud provider, has long positioned strategic autonomy as a differentiator against U.S. peers and has been pushing for a pan-European cloud and artificial intelligence strategy.
Financial Results for the First Half
For the first half of its financial year, the company reported 5.5% organic revenue growth to 555 million euros ($648 million), driven by increased spending among its existing clients. It also confirmed the annual guidance for organic revenue growth of between 5% and 7%.
Earnings and Cost Management
Earnings before interest, taxes, depreciation and amortization grew 8.3% organically to 227 million euros in the six months through February.
Supply Chain Strategy and Savings
OVH said it had front-loaded purchases of memory components and disks in the first half to secure supply and lock in prices ahead of further planned increases. This generated savings of around 10 million euros and partially offset exceptional cost inflation, which the company estimated at around 3 percentage points, it said.
Future Investments and Financing
It has also locked in 50 million euros worth of memory components for 2027, an investment that will be paid for by "dedicated exceptional financing" and counted as levered cash flow in this year's accounting, it said.
($1 = 0.8570 euros)
(Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)
Key Takeaways
- •Revenue climbed to €555 million in H1, up 5.5% organically, driven by higher client spend
- •EBITDA rose 8.3% organically to €227 million, signaling improved profitability
- •Full‑year guidance remains intact amidst continued cloud demand and strategic expansion
Frequently Asked Questions about OVHcloud posts 5.5% organic growth in half-year revenue
1What was OVHcloud's organic revenue growth for the first half of the year?
OVHcloud reported a 5.5% organic revenue growth in the first half of its financial year.
2How much revenue did OVHcloud generate in the first half of the year?
OVHcloud generated 555 million euros ($648 million) in revenue during the period.
3What was OVHcloud's EBITDA growth for the first half?
EBITDA grew by 8.3% organically to 227 million euros in the first half.
4Did OVHcloud confirm its full-year guidance?
Yes, OVHcloud confirmed its financial guidance for the full year.
