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Ubisoft FY12- digital sales up 110%, CEO talk next-gen

Tuesday, 15th May 2012 17:23 GMT By Stephany Nunneley

Ubisoft has released its financial report for the fiscal year ending March 31, 2012, and thanks to a 110% increase in online sales, profits for the firm hit €37.4 million ($47.7 million) with sales hitting €1.06 billion ($1.3 billion). Online and digital sales were €80 million.

The firm said its core titles brought in €578 million, while its casual games sector reported sales of €483 million. Assassin’s Creed: Revelations shipped 7.2 million units, and Driver: San Francisco and Rayman Origins both shipped 2 million a piece.

“Ubisoft achieved a 90% surge in current operating income in fiscal 2011-12, in the upper range of the targets announced a year ago,” said Ubisoft CEO Yves Guillemot in a prepared statement. “This achievement was notably spurred by strong growth in online/digital revenue.

“We ended the year in a solid financial position – all the while having continued to invest in the future – primarily thanks to better-than-expected cash flows.

“Thanks to our focus on ramping up our teams’ online expertise, combined with the know-how brought in by our recent acquisitions and with the recruitment of specialized talent, we are now in a position to fully seize the numerous current and future opportunities of the video game industry.”

Guillemot also said in his prepared remarks the firm expects next-gen consoles to be “increasingly connected,” which he feels will “boost the market” thanks to what he called a “qualitative leap.” The CEO also expects the next round of hardware to benefit from social integration and “the [free-to-play] item based model.”

For Q1 of the current fiscal year, Ubisoft expects an 11% year-over-year increase in sales of €115 million due to its release slate which includes: Ghost Recon: Future Soldier and over 15 online and digital titles such as Trials Evolution on XBLA and Silent Hunter Online and web-based, free-to-play titles.

Ubisoft also has at least seven Wii U titles in the works and the cost of each is in line with costs attributed to PS3 and 360 development. The firm also said development cost on unannounced next-gen systems are also in line with current game development costs.

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2 Comments

  1. The_Red

    Wait a minute. Trials Evolution IS an Ubisoft game but how come it’s published by MS? Does MS hold the rights to Trials franchise?

    #1 3 years ago
  2. Superfrog

    No, they don’t (otherwise Ubisoft probably wouldn’t have acquired Red Lynx). The Trials Evolution publishing deal between Microsoft and Res Lynx was made before Ubi bought Red Lynx.

    #2 3 years ago

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