France’s OVHcloud confirms outlook, posts higher quarterly growth on public cloud strength

French cloud computing group OVHcloud reported organic revenue growth of 6.9% in the third quarter, up from 5.1% in the previous quarter, supported by its public cloud division, and also confirmed its full-year outlook.

The ‌growth ⁠was led ⁠by markets outside France, with the rest of Europe up 7.4% and the rest of the world up 8.6%, outpacing domestic growth of 5.8%, suggesting April price hikes have not dampened demand.