UnDoom, UnGloom: Ubisoft Does Well

Fighting the end of capitalism all the way.

Posted by Staff
A picture of a happy Ubisoft employee.
A picture of a happy Ubisoft employee.
While the rest of the world descends into recession - the Obama Effect appearing not to have taken in all the time he's been president - a French company is declaring that it has not surrendered to the financial gloom.

Ubisoft has announced that its third-quarter sales were up on its published expectations ('guidance'). That guidance had indicated €500m (£472) worth of sales. Ubi actually came in with €508m (£480) for the period. This was also up on the same period last year, which saw €450m (£425) in sales.

The company also announced that sales for the first nine months of the fiscal year 2008/9 sales were up from €711m (£672m) to €852m (£806m).

What helped to make these figures work? Apparently, Rayman Raving Rabbids TV Party and Far Cry 2. Shaun White Snowboarding also helped; with Ubisoft declaring it to be "the number two sports game in the USA" for the third quarter. It also managed 2.3 million global sales. What didn't help? A "slower take-off for Prince of Persia (2.2m units)".

All good to hear. But before we get too inanely smiley, bear in mind that these financial figures refer to 'sales' only. As yet cost of sales, tax and other costs have not been quoted.
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Comments

Raaj 25 Jan 2009 18:52
1/2
The girl pictured is ONLY the FIT Assasins Creed producer who's name I've forgotten..
OptimusP 25 Jan 2009 21:50
2/2
it's Jade...something something..Raymond ?

I like how Ubisoft is not laying off people and is one of the game-companies in the world to have supported the DS and Wii in a very nice manner and is now reaping the awards.

Go Disruption!
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