Paris, July 9, 2015 - Today, Ubisoft released its sales figures for the fiscal quarter ended June 30, 2015.
Sales
Sales for the first quarter of fiscal 2015-16 came to €96,6 million, down 73.2% (75.6% at constant exchange rates) compared to €360.1 million for first-quarter 2014-15 which saw the release of Watch_Dogs®.
The first-quarter 2015-16 sales figure was higher than the target of around €80 million announced when Ubisoft released its fiscal 2014-15 results, due to a strong 59.3% increase in back-catalog sales to €91.6 million, led in particular by a better-than-expected performance by Assassin's Creed® Unity and sustained demand for Far Cry® 4, The Crew® and Watch_Dogs.
Digital segment revenues totaled €54.1 million and represented 56.0% of total sales versus 23.2% the prior year.
Yves Guillemot, Co-Founder and Chief Executive Officer, said "E3 2015 confirmed that the video games industry is in excellent shape. Gamers' immense enthusiasm for the games presented at the show promises to maintain the current strong growth dynamic in the PC and console market. Ubisoft presented its strongest line-up ever, garnering very positive gamer feedback for our franchises' latest opuses, including Assassin's Creed Syndicate, Ghost Recon Wildlands and Rainbow Six Siege, as well as for our new brands For Honor and The Division. Fans told us that they particularly appreciated that most of our games could be played hands-on at our booth. E3 also was an opportunity to showcase our advances in multiplayer games, which should have a favorable impact on our digital revenues growth and on our profitability."
Outlook
Second-quarter 2015-16 sales
The Group expects second-quarter 2015-16 sales to come in at approximately €90 million.
Full-Year 2015-16
Ubisoft confirms its previously announced targets for full-year 2015-16, with sales expected to be stable compared with full-year 2014-15 and non-IFRS operating income projected to represent at least €200 million.
http://www.euroinvestor.com/news/2015/07/09/ubisoft-reports-first-quarter-2015-16-sales/13187739/