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OVHcloud has inaugurated its new datacenter, SBG5, in Strasbourg, enhancing its position as a European cloud leader. The event included notable attendees such as Minister Bruno Le Maire and European Commissioner Thierry Breton. The SBG5 datacenter is a key part of OVHcloud's hyper-resilience plan, with an investment of 30 million Euros. The facility incorporates advanced safety features and aims to reduce environmental impact significantly. OVHcloud plans to open 15 additional sites by 2024, expanding its innovative IaaS and PaaS solutions globally.
OVH Groupe reports an update in compliance with French regulations, detailing share distribution and voting rights as of August 31, 2022. The total number of shares is 190,340,242, with the same number representing total potential voting rights. However, the exercisable voting rights stand at 190,283,242, which excludes the treasury shares. This compliance announcement aligns with regulatory requirements from the Autorité des Marchés Financiers (AMF).
Yann Leca, CFO of OVHcloud, will depart the company at the end of October following the announcement of the Full-year 2022 results. His leadership has been pivotal in achieving significant milestones, including the historic IPO, establishing OVHcloud as Europe’s largest cloud provider. The company is currently in the process of selecting a successor. OVHcloud operates over 400,000 servers across 33 data centers globally, serving 1.6 million customers in 140 countries, delivering high-performance solutions with data sovereignty.
OVH Groupe disclosed significant shareholding information as per French regulations. As of July 31, 2022, the company reported a total of 190,340,242 shares, which correspond to 190,340,242 total potential voting rights. However, the number of exercisable voting rights stands at 190,298,742, highlighting a difference attributable to treasury shares. This information is crucial for investors monitoring voting power and shareholder engagement within OVH Groupe.
OVH Groupe announced its regulatory update detailing its share structure as of June 30, 2022. The total number of shares is 190,340,242, corresponding to 190,340,242 total potential voting rights. The exercisable voting rights stood at 190,310,242. This disclosure aligns with the Article L. 233-8 of the French Commercial Code and Article 223-16 of the AMF regulations, ensuring transparency in shareholding. The communication aims to keep investors informed about the current status of voting rights.
OVHcloud reports strong Q3 2022 results with a revenue of €202 million, reflecting a 25.9% increase compared to last year. Key drivers include Public Cloud growth of 50.3% and Private Cloud growth of 32.5%. International sales rose significantly, with US and Asia revenues increasing by 91.4% and 63.5%, respectively. The company has raised its FY2022 revenue growth guidance to 16-18%, maintaining an adjusted EBITDA margin target close to 40%. The positive commercial momentum highlights the effectiveness of OVHcloud's strategic plan and customer engagement.
Atos and OVHcloud have partnered to provide quantum emulation as a service, launching ahead of the France Quantum conference on June 14. This collaboration aims to democratize access to quantum computing technology for research institutions, universities, and businesses. The Atos quantum emulator, leveraging the SMP BullSequana X800 server, will allow users to emulate circuits up to 38 qubits and solve complex problems with over 5,000 qubits. This initiative supports the development of a European digital ecosystem and strives for technological sovereignty in the quantum field.
OVH Groupe, listed on Euronext Paris under the ticker OVHGY, reported its total number of shares and voting rights as of May 31, 2022. The company holds 190,340,242 total potential voting rights, representing all shares, while the exercisable voting rights stand at 190,314,242, excluding treasury shares. This data is disclosed in compliance with the French regulations on corporate governance.
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