Ovh Groupe Sas · EURONEXT:OVH
Ovh Groupe Sas — Ovh Groupe — Q1 2025 Earnings Presentation
21 slides from Ovh Groupe Sas's earnings presentation, Jan 9, 2025
Slide 1: Q1 FY25 Revenue
Q1 FY25 Revenue J a n u a r y 9 th, 2 0 2 5
Slide 2: Forward looking statement
Forward looking statement Important notice – You must read the following before continuing The following applies to this document, the oral presentation of the information contained in this document made by OVHcloud (the “Company”) or any person on behalf of the Company and any question-and-answer s
Slide 3: Q1 FY25 – Key highlights
Q1 FY25 – Key highlights ✔ Confirmed FY2025 guidance €264m Total Revenue ✔ Robust performance across both Public and Private Cloud, achieving double-digit LFL growth + 15.8 % ✔ High customer retention and +10.1% LFL Public Cloud growth loyalty demonstrating strong client LFL1 Revenue growth +10.2% s
Slide 4: Our vision: Strategic goals to Shape the Future
Strategic Our vision goals to Shape the Future for OVHcloud Leveraging strong core business Strengthening fundamentals to deliver: future revenue growth levers: Predictable and Higher cash Data sovereignty Public Cloud profitable generation solutions at products matching growth global scale strong c
Slide 5: Q1 FY25 – Business highlights
Q1 FY25 – Business highlights Answering customer demand Expanding global footprint with AI offerings • 3-AZ: Opening Milan region by the end of 2025 LOW LATENCY PERFORMANCE AI RESILIENCY AVAILABILITY Extensive AI offering with dedicated solutions to meet customer demand Internal Developer Platform r
Slide 6: Double-digit growth in Private Cloud, fueled by strong demand in the US
Double-digit growth in Private Cloud, fueled by strong demand in the US Private cloud revenue Private Cloud – Key highlights Bare Metal €164.5m 62% Good customer acquisition trend in Bare Metal, fueled by the gradual ramp up of a new server range and a successful Black % of Q1 FY25 Friday digital
Slide 7: Double-digit growth in Public Cloud, fueled by an increase in ARPAC
Double-digit growth in Public Cloud, fueled by an increase in ARPAC Public cloud revenue Public Cloud – Key highlights €50.3m 19% Re-accelerating growth in recent quarters, primarily supported by increasing ARPAC and AI-driven demand % of Q1 FY25 Q1 FY25 revenue Group revenue Enhanced Public Clo
Slide 8: Good momentum for Webcloud, driven by a strong performance in Domain Names
Good momentum for Webcloud, driven by a strong performance in Domain Names Webcloud revenue Webcloud – Key highlights €48.8m 19% Webcloud LFL revenue growth, excluding Telephony and % of Q1 FY25 Connectivity, reached 7.4% Q1 FY25 revenue Group revenue Strong performance in Domain Names, driven b
Slide 9: Q1 FY25 Financials
Wa OVHcloud Q1 FY25 Financials
Slide 10: Double-digit LFL growth driven by robust performance in both Private Cloud and Public Cloud
Double-digit LFL growth driven by robust performance in both Private Cloud and Public Cloud Q1 FY25 reported growth +9.9% Q1 FY25 LFL growth +10.1% +6.9 +2.0 263.5 +15.2 +4.4% +15.8% 239.8 (0.4) 239.8 239.4 Webcloud & Other Public Cloud LFL growth +10.2% LFL growth Private Cloud LFL growth Increment
Slide 11: Solid performance across geographies, stronger in the United States
Solid performance across geographies, stronger in the United States Q1 FY25 % of Q1 FY25 Revenue growth Group revenue France • Public Cloud: solid growth driven by an increase in ARPAC after good customer acquisition in FY2024 LFL +8.9% 48% • Private Cloud: slower momentum, impacted by some Reported
Slide 12: Outlook
Wa OVHcloud Outlook
Slide 13: Confirmed FY2025 guidance
Confirmed FY2025 guidance Q1 FY2025 results are consistent with expectations, with a usual seasonality on Capex FY2025 guidance LFL revenue growth 9-11% Adjusted EBITDA margin c.40% Recurring 11-13% Capex 30-34% as a % of revenue Growth 19-21% Unlevered Free Cash Flow >€25m, improving vs FY24 Q1 FY2
Slide 14: Share buyback offer (OPRA)
Share buyback offer (OPRA) 14
Slide 15: Share buyback offer results: a shareholder base realigned with the company's new phase of development
Share buyback offer results: a shareholder base realigned with the company’s new phase of development Oversubscribed offer: all 38.9m shares Realigned shareholding structure, offered will be bought back with 17% free float 17.0% €350m 38.9m shares to be bought back 1.7% 47.6m shares tendered 81.7% o
Slide 16: Q&A
Wa OVHcloud Q&A
Slide 17: Key takeaways
Key takeaways Extensive AI offering, Confirmed FY25 Strong first quarter Global presence guidance €264m revenue in Q1 FY25 Dedicated AI solutions to +10.1% LFL revenue growth meet customer demand ✔ LFL revenue growth: 9-11% ✔ Adj. EBITDA margin c.40% Double-digit LFL growth in New 3-AZ region in Ita
Slide 18: Appendices
Wa OVHcloud Appendices 18
Slide 19: Glossary
Glossary Like-for-like is calculated at constant exchange rates, constant scope and excluding Strasbourg (SBG) direct impacts. Scope adjustments correspond to M&A. The net revenue retention rate for any period is equal to the percentage calculated by dividing (i) the revenue generated in such period
Slide 20: Revenue by segment and geography
Revenue by segment and geography By segment By geography Q1 FY2024 Q1 FY2025 Q1 FY2024 Q1 FY2025 In € million – by segment In € million – by geography Reported Reported Reported Reported Private cloud 149.6 164.5 France 116.7 127.1 Public cloud 43.5 50.3 Europe (excl. France) 69.9 76.7 Webcloud & Ot
Slide 21: Reconciliation reported & like-for-like
Reconciliation reported & like-for-like Q1 FY24 FX Scope In € million Q1 FY24 LFL Reported impacts impacts Private Cloud 149.6 (0.4) 0.0 149.3 Public Cloud 43.5 0.0 0.0 43.5 Webcloud & Other 46.7 0.1 0.0 46.7 Total revenue 239.8 (0.3) 0.0 239.4 Q1 FY24 FX Scope In € million Q1 FY24 LFL Reported impa