Assassin's Creed 3: 12 million sales boost Ubisoft's Q3
7th Feb 2013 | 15:55
Ubisoft has reported strong growth in sales for the third financial quarter and nine-month period ending December 31.
Sales for the Christmas quarter were up 23 per cent year-on-year to €802 million, while sales for the first nine months of the business year increased 20.1 per cent to €1,081 million.
Ubisoft CEO Yves Guillemot said: "Fiscal 2012-13 is a real turning point for Ubisoft. Our performance fully validates our long-term choices and the large-scale investments we have been undertaking for several years now, with a sharp ramp-up in games for core gamers and notably our strong comeback into the major segment of shooter games.
"We have also re-established Far Cry as one of the major pillars of our offering for core gamers, with Far Cry 3 the highest rated shooter of 2012 for Xbox 360 and winning the Gamespot People's Choice Game of the Year award. We now have greater visibility in terms of future revenue and profitability for this franchise.
"Thanks to these successes and the ongoing solid performance for Just Dance, Ubisoft's market share has topped 11% for the first time in both the United States and Europe."
In light of the results, Ubisoft has upwardly revised its full-year targets. Sales are now expected to come in at between €1,240 million and €1,260 million, compared with the previous guidance of between €1,200 million and €1,260 million.
And current operating income is now expected to amount to between €90 million and €100 million, compared with the previous forecast of €70 million and €100 million.