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OVH Groupe S.A. (OVH.PA)

Paris - Paris Delayed price. Currency in EUR
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7.00-0.70 (-9.09%)
At close: 05:39PM CEST
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  • Reuters

    OVH's shares head for worst day after it cuts 2024 target

    (Reuters) -Shares in French cloud services provider OVH Groupe headed for their biggest daily fall, after it cut its 2024 sales target citing weaker demand in its main European market. The company lowered its organic revenue growth forecast to 9%-10% from a previous forecast of 11%-13%, sending its shares 15% lower by around 1000 GMT, paring losses after falling by as much as 17.2% earlier.