Ubisoft gross sales down 20 % from final yr

Ubisoft sales down 20 percent from last year

Ubisoft failed to satisfy its projected earnings in fiscal yr 2013-2014, with a lack of €forty nine.three million ($sixty eight million), down from final yr’s revenue of €sixty nine.2 million ($ninety five million). Ubisoft attributed its loss partially to working prices, purchases, enterprise acquisitions and gross sales of Gameloft shares. Ubisoft launched three main video games within the “core” market in fiscal yr 2013, and solely two in 2014, resulting in an 18 % lower (€758 million, $1 billion) in that phase’s gross sales yr-over-yr.

Gross revenue for the yr got here in at €721.eight million ($986.9 million), down from final yr’s €913.5 million ($1.25 billion). Complete gross sales in 2014 have been €1 billion ($1.four billion), down 17 % at a continuing change price from 2013’s €1.three billion ($1.7 billion). Ubisoft CEO Yves Guillemot had the next to say concerning the yr’s report:

“Though Ubisoft didn’t attain the targets introduced a yr in the past for 2013-14, we did see quite a few vital achievements through the interval. Above all, we persistently achieved top quality throughout our video games, notably for Murderer’s Creed four Black Flag – one of the best-rated recreation of the Christmas season for PS4 and Xbox One – and for South Park: The Stick of Fact, which delivered a strong gross sales efficiency for Xbox 360, PS3 and PC.”

Guillemot famous that Ubisoft’s digital phase was a “substantial contributor” to Ubisoft’s enterprise, accounting for 19 % of complete gross sales for the yr. He referred to as out cellular video games Trials Frontier (10 million downloads on iOS in a single month) and CSI: Hidden Crimes as beacons of digital hope within the coming yr. South Park: The Stick of Fact noticed “greater-than-anticipated digital distribution ranges” as nicely.

Guillemot expects fiscal yr 2015 to convey Ubisoft again to “double-digit profitability.”

“The yr’s efficiency shall be led by 5 video games – Murderer’s Creed Unity, Far Cry four, Simply Dance, The Crew and Watch Canine. Watch Canine‘ pre-orders are at report ranges and it’s completely positioned to develop into the business’s most profitable new IP in historical past.”

That listing doesn’t embrace Tom Clancy’s The Division, Ubisoft’s open-world shooter. In 2013, Ubisoft introduced a launch window of “the top of 2014,” however rumors early this yr stated improvement had barely began. Through the investor name, Guillemot stated The Division would launch in calendar 2015.

[Image: Ubisoft]

<a href=”http://www.engadget.com/merchandise/nintendo/wii/console/”> Nintendo Wii console </a>

<a href=”http://www.engadget.com/merchandise/microsoft/xbox/one/”> Microsoft Xbox One </a>