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 ."