Today, Ubisoft released its sales figures for the fiscal quarter ending June 30, 2011.
Sales for the first quarter of 2011-12 came to €103 million, down 36.3% (or 33.6% at constant exchange rates) compared to the €161 million recorded for the same period of 2010-11.
First-quarter 2011-12 sales were, however, higher than the guidance of approximately €90 million issued when Ubisoft released its full-year results for 2010-11. The quarter saw the following:
A solid performance from back-catalog titles, with sales up 84.0% to €68 million, thanks in particular to Assassin’s Creed® Brotherhood and the dance titles.
§ The launches of Child of EdenTM and Michael Jackson The Experience on Kinect, compared with the releases of Splinter Cell Conviction® and Prince of Persia The Forgotten Sands® in the first quarter of 2010-11.
§ A 45.0% increase in online sales, to €12.5 million. XBLA titles OutlandTM and Might & Magic Clash of Heroes® performed well, with quality review ratings close to 85%.
Yves Guillemot, Chief Executive Officer, stated “Ubisoft turned in a solid performance in the first fiscal quarter thanks to a strong increase in our online and back-catalog sales, fueled notably by continuing solid sales of Assassin’s Creed Brotherhood. This initial positive back-catalog trend reflects our prudent sell-in approach as well as the quality of our product portfolio. It also supports our expectation of an improved gross margin.”
"At the latest E3, Ubisoft presented a solid and promising games portfolio. In the High Definition segment, Assassin’s Creed Revelations, Ghost Recon Future Soldier, Driver San-Francisco, Rayman Origins, Raving Rabbids Alive & Kicking and The Adventures of Tintin confirmed their potential. In the Casual segment, we once again demonstrated our leadership in dance games with Just Dance 3 and The Black Eyed Peas Experience. Unlike last fiscal year’s releases, these two new titles will both be launched on multiple platforms. In the Online segment, Ghost Recon Online and TrackMania 2/ManiaPlanet were very well received and initial feedback from players of the closed beta of Ghost Recon Online has been very positive. In addition, the recent announcement of our acquisition of Owlient – expert in online community games – marks an increased acceleration of Ubisoft's free-to-play strategy and of our
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