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Ubisoft Sales Figure

Ubisoft announces their first quarter 2015-16 sales, saying these came in "above target" at €97 million, inspiring them to reconfirm their 2015-2016 full year projections. Here's word:

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 sales figure for 2015-16 were 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 was also an opportunity to showcase our advances in multiplayer games, which should have a favourable impact on our digital revenue growth and on our profitability ."

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