OVH Groupe SAS (FR:OVH) has released an update.
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OVHcloud has reported strong financial results for FY2024, with revenue reaching €993 million and an improved EBITDA margin. The company is launching a €350 million share buyback offer, allowing shareholders to either continue supporting the company’s growth or cash in on their investments. This move comes as OVHcloud embarks on a new development phase under the leadership of newly appointed CEO Benjamin Revcolevschi.
For further insights into FR:OVH stock, check out TipRanks’ Stock Analysis page.
