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(Reuters) – French cloud services provider OVHcloud on Thursday posted higher first-quarter sales, roughly in line with expectations and largely driven by Europe, while maintaining its targets for this year and 2025. Sales in the quarter grew 12.0% on a like-for-like basis to 239.8 million euros ($263.3 million), nearly matching a company-provided consensus expectation for 12.5% growth. “Our growth dynamic remains strong, even if our customers are still careful in their spending,” finance chief Stéphanie Besnier told analysts on a call. J.P.Morgan flagged the slight miss on sales, adding they …

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