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Full Year 2023 Ovh Groupe SA Earnings Call Transcript
Hello, and welcome the Full-Year OVHcloud 2023 Annual Results. My name is George. I'll be a coordinator for today's event. (Operator Instructions) Please note, this conference is being recorded.
Today's speakers will be Mr. Michel Paulin, CEO; and Ms. Stephanie Besnier, CFO.
I'll now hand the call over to the OVH team to begin today's conference. Thank you.
Hello. Good morning, everyone. I am Michel Paulin, CEO of OVHcloud. Thank you very much for being with us today for OVHcloud 2023 annual results publication. As you can see, we delivered a sustainable growth in 2023 with a total revenue that reached EUR 897 million and a like-for-like revenue growth of 13.4% in line with our targets. We reached an adjusted EBITDA of EUR 325 million and a margin of 36.3%, also in line with our target of a margin above 36%.
In terms of value creation, we are able to give you a strong point -- sorry, proof point of strength of our model with a generation of EUR 25 million on unlevered free
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