OVHcloud is raising its revenue growth target and now anticipates growth between 16% and 18%, of fiscal year 2022 compared to the range of 15% to 17% reported previously. The Group reiterates its medium-term financial guidance and aims to achieve the following by 2025: organic revenue growth accelerating toward mid-twenties by FY25 driven by a shift in business mix, the deployment of the “Move to PaaS” strategy, international expansion, the market shift to hybrid- and multi-cloud and the focus on data sovereignty.