Driver
Ladies and gents, welcome to OVHcloud Q1 FY 2026 income. Today’s audio speakers will certainly be Octave Klaba, Chairman and Chief Executive Officer of OVHcloud; and Stephanie Besnier, CFO. I currently turn over to OVH monitoring to start today’s meeting. Thanks.
Octave Klaba
Creator, Head Of State, CHIEF EXECUTIVE OFFICER & & Chairman
Greetings, everyone. I’m Octave Klaba, Chairman and Chief Executive Officer of OVHcloud. Thanks quite to be with us today for our Q1 FY ’26 income teleconference. And we wish to desire you an extremely pleased New Year, ’26. Allow’s begin with Slide 2 for our essential highlights of the Q1 ’26.
So as we introduced, we produced EUR 275 million in income. We made a lot more– we made 6% of development like-for-like and we have a strong turning price of regarding 105%. With this Q1 FY ’26 numbers, our unmodified economic technique, we can validate our FY ’26 support, consisting of cost-free capital favorable generation. Concerning to our organization highlights, some highlights, very first is, we authorized extra exhaust sensible bargains. We introduced LCH however additionally, we authorized a number of agreements on our deal OPCP, on-prem core system. We remain to increase our existence in– to fulfill the sovereign need after Paris and Milan.
We introduced release in Berlin that will certainly be opened up early in ’27. We supplied– we have actually been working with supplying high-performance AI work. We partnered with SambaNova to give high-performance AI work committed for big head reasoning. If we discuss functional campaigns, obviously, we’ll possibly discuss, we upgraded early in ’25 our supply chain that enables us to provide our solutions