On April 22, 2024, OVHcloud, a leading cloud computing company, reported a 10.8% increase in revenue to €486 million in the first half of FY2024, demonstrating resilience despite a challenging economic environment, particularly in Europe. The company also reported an adjusted EBITDA of €184 million, reaching a margin of 37.9%, up 2.5 points compared to the first half of 2023. Furthermore, OVHcloud generated €14 million in unlevered free cash-flow in the first half of FY2024, six months earlier than forecast. The company revised its FY2024 targets, aiming for organic revenue growth of between 9% and 10%, and an adjusted EBITDA margin of over 37%.