10 月 20 日：法国云运营商 OVHcloud 周二报告称，自 2021 年上市以来首次出现正杠杆自由现金流，其收入在截至 8 月的财政年度增长 7.2%，达到 11.5 亿欧元（12.9 亿美元）。
Oct 20 : French cloud operator OVHcloud reported its first positive levered free cash flow since its 2021 listing on Tuesday, as its revenue grew 7.2 per cent to €1.15 billion ($1.29 billion) in the financial year through August.
这一里程碑意味着 OVHcloud 现在能够通过自身运营覆盖其巨额资本支出，此前其现金创造能力已连续五年亏损。该公司预测财政年度 2027 年收入增长将超过 10%，并将继续保持正向现金流。
The milestone means OVHcloud now covers its heavy capital spending from its own operations, after five years of losses on cash generation. It forecast revenue growth exceeding 10 per cent and continued positive cash flow for fiscal 2027.
第四季度增长的加速主要由数字扩容者（Digital Scalers）业务带动，首席执行官奥克塔夫·克拉巴（Octave Klaba）向路透社透露，这一增长得益于他在一年前回归后对公司产品的重组。
Acceleration in fourth-quarter growth was led by the Digital Scalers segment, CEO Octave Klaba told Reuters, following the reorganisation of the company's offering since his return a year ago.
数字扩容者是 OVHcloud 增长最快的业务，服务于月消费超过 2000 欧元的客户，其可比收入增长 12.4%，达到 3.591 亿欧元，占公司总销售额的 31%。公有云收入增长 18.9%，达到 2.551 亿欧元。
Digital Scalers — OVHcloud's fastest growing business that serves clients spending more than €2,000 a month — posted comparable revenue growth of 12.4 per cent to €359.1 million and made up 31 per cent of the company's sales. Public cloud revenue rose 18.9 per cent to €255.1 million.
克拉巴表示，这一年里公司实现了纪律性管理，OVHcloud 已“回归其基本面”。
Klaba said the year had been one of discipline and OVHcloud had "returned to its fundamentals".
杠杆自由现金流达到 2470 万欧元，而一年前为 2700 万欧元的流出。调整前利息、税项、折旧及摊销前利润（EBITDA）增长 9.7%，达到 4.805 亿欧元，利润率为 42.0%。对于财政年度 2027，公司目标是将利润率提升至 42.5% 以上。
Levered free cash flow reached €24.7 million, against an outflow of €27.0 million a year ago. Adjusted earnings before interest, taxes, depreciation and amortisation rose 9.7 per cent to €480.5 million, resulting in a margin of 42.0 per cent. For fiscal 2027, it aims to raise the margin to above 42.5 per cent.
净债务为 11.6 亿欧元，相当于调整后 EBITDA 的 2.7 倍，而上一财政年末为 2.9 倍。公司表示，其可用流动性为 2.55 亿欧元，且在财政年度 2030 前无需进行重大债务偿还。
Net debt stood at €1.16 billion, or 2.7 times its adjusted EBITDA, compared with 2.9x at the end of the previous fiscal year. It has €255 million in available liquidity and no significant debt repayment due before fiscal 2030, it said.