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Ubisoft Sales Up

MCV outlines Ubisoft's latest financial reporting, saying its €508 million in sales for the third quarter of 2008-09 is an increase of 12.9% (or 17% per cent at constant exchange rates) over last year, and Ubi's sales totals for the first nine months of fiscal 2008-09 total €852 million, an increase of 19.8% (24.8% at constant exchange rates). These results beat their projections, with Far Cry 2 and Rayman Raving Rabbids TV Party each selling well, though Prince of Persia did not perform up to expectations. They offer outlook on this from Ubisoft CEO Yves Guillemot: "I think everyone was holding their breath a little going into the holiday season but in the end the video game industry did well, showing software sales growth in the UK of 23 per cent and consoles sales growth of 14 per cent and that is good news. At Ubisoft, we were confident that we had a line-up that offered games of quality to a diverse audience. And the results show the solidity of our line-up. We came out of the season with 17 per cent growth (at a constant exchange rate) over last year and we are pleased that we were able to outperform our targets. We are now looking forward to 2009 with our line-up aimed at continuing offering quality and innovative gameplay to the widest possible audience."

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