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Ubisoft Financial Results

Financial reporting season continues with the release of Ubisoft's Fiscal Q3 2017-18 Sales Results, which the publisher says outstripped targets with "very solid performance for the quarter" and "great execution across the board." Here are the highlights:

  • €725.0 million in third-quarter sales, up 36.8% year on year, outstripping Ubisoft's revised target of around €700.0 million and its original target of €630.0 million.
  • Great execution across the board[1]
  • Assassin's Creed® Origins:
    • Industry's third best-seller in EMEA in 2017
    • Average playtime per player expected to almost double[2]
  • Tom Clancy communities: almost 60 million unique players
  • Ghost Recon® Wildlands: Industry's seventh best-seller in EMEA and tenth in NCSA in 2017
  • Rainbow Six® Siege esports: World-famous teams - Evil Geniuses, Team Liquid, FaZe Clan and Counter Logic Gaming - joined the Pro League
  • The Division®: Player engagement more than doubling with the 1.8 update
  • SwitchTM: Ubisoft is the console's leading third-party publisher, with Mario + Rabbids® Kingdom Battle ranking top-seller for Switch's third-party games
  • For Honor®: Fifth most viewed new game on Twitch in 2017
  • Mobile: 75.6% growth and partnership signed between Ketchapp and Tencent in China
  • Very significant advance for digital transformation (nine-month period)
  • Sharp 75.0% rise in Digital revenue to €670.3 million (representing 56.3% of total sales compared with 47.2% one year earlier)
  • PRI[3] surges 87.4% to €318.5 million (representing 26.7% of total sales compared with 20.9% one year earlier)
  • Confirmation of the strongly recurring profile of the Group's business (nine-month period)
  • Back-catalogue sales up 31.5% to €608.8 million

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