OVH Groupe S.A. (OVHFF) Q1 2026 Sales/Trading Call Transcript

Financial Performance - The company generated EUR 275 million in revenue for Q1 FY 2026, reflecting a 6% growth on a like-for-like basis [3] - The company maintains a solid rotation rate of approximately 105% [3] - The financial discipline remains unchanged, allowing the company to confirm its FY 2026 guidance, including positive free cash flow generation [3] Business Highlights - The company signed additional emission practical deals, including a contract with LCH and several contracts related to its on-prem core platform (OPCP) [3] - The company continues to expand its presence to meet sovereign demand, particularly after establishing operations in Paris and Milan [3] - A new deployment in Berlin is planned to open in early 2027 [4] Operational Initiatives - The company has been working on providing high-performance AI workloads and has partnered with SambaNova to cater to large head inference needs [4] - A redesign of the supply chain was implemented in early 2025, enhancing the delivery of services [4]