UbiSoftologist
Member
Highlights from Ubisoft's bullish earnings report released yesterday:
1) Achievements in the 1st half of 2004-05 (ended September 30th)
2) Robust sales growth for the 2nd half of 2004-05 due to
3) Earnings forecast
4) Geographic split of sales in % (1st half 2003-04 vs 1st half 2004-05)
1) Achievements in the 1st half of 2004-05 (ended September 30th)
Second quarter 2004-05 sales up 9%* at 68 million euros
Tom Clancys Splinter Cell Pandora Tomorrow: 1.2 million units sold in the first half making a total of 2.8 million since its launch.
Tom Clancys Rainbow Six 3: Black Arrow: Top-selling game for Xbox** when launched in France, Germany and the United Kingdom and No. 3 in the United States.
Myst IV: Revelation: No. 3 in PC sales** in France, and No. 5 in Germany at its launch.
* at constant exchange rates
** source : NPD, Chart Track,GfK
2) Robust sales growth for the 2nd half of 2004-05 due to
Prince of Persia Warrior Within (November 2004 release). The title has just received two exceptional ratings: 10/10 in the Official US PlayStation Magazine, and 9.6/10 in the Official US Xbox Magazine, placing it among the years most highly rated releases.
Tom Clancys Ghost Recon 2 (November 2004 release). The first previews are excellent and it has been quoted as best of the series by IGN.
Brothers In Arms (February 2005 release). According to industry analysts, this is one of the most highly anticipated games in its category for the start of the year.
Tom Clancys Splinter Cell Chaos Theory (simultaneous release on all platforms in March 2005) expected to be one of the blockbusters of 2005.
Two games to be released in the United States at the DS launch, the all-new portable console from Nintendo.
3) Earnings forecast
Third-quarter sales for fiscal year 2004-2005: 180-190 million euros.
Annual sales: growth in excess of 10%.
Earnings before interest and tax: 40-45 million euros according to French accounting standards and 38-43 million euros according to the pro-forma standard.
Net income excluding exceptional items (before depreciation of goodwill and business assets): 18- 22 million euros according to French accounting standards and 17-21 million euros according to the proforma standard.
Net free cash flow (excluding acquisitions): -10 to +10 million euros versus +15 to 25 million euros due to the postponement of Tom Clancys Splinter Cell® Chaos Theory.
4) Geographic split of sales in % (1st half 2003-04 vs 1st half 2004-05)
Europe: 41% vs 57%
North America: 55% vs 37%
ROW: 4% vs 6%