OVH Groupe S.A. (OVHFF) Q4 2025 Earnings Call Transcript

Operator

Ladies and gentlemen, welcome to OVHcloud FY 2025 results. Today’s speakers will be Octave Klaba, Chairman and CEO of OVHcloud; and Stephanie Besnier, CFO.

I now hand over to OVH management to begin today’s conference. Thank you.

Octave Klaba
Founder & Chairman

Hello. I’m Octave Klaba. I’m the Chairman and CEO of OVHcloud, and I’m really glad to be here with you to share with you the financial results of ’25 with Stephanie. We can start on OVH. OVHcloud relies on 3 pillars. The first that we are in the vast and rapidly growing cloud market. The second that it’s scale globally. We want to scale worldwide. And the third one is that we just are launching our next strategic plan, FY ’26-’30.

So on the key highlights of the FY ’25, we delivered our guidelines that we announced 1 year ago, 9.3% of growth of the revenue, more than 40% of adjusted EBITDA, unlevered free cash flow that is doubled from the last year and the CapEx about 33% of revenue. We also achieved significant milestones, more than EUR 1 billion revenue. Also in the corporate market — corporate customers, we generated more than EUR 200 million revenue. In Public Cloud, more than EUR 100 million revenue. And also to give you the overall highlight about U.S., United States, we generated more than EUR 100 million revenue.

Also, we improved