Ubisoft FY Q1 sales fall 36%

Christopher Dring
Ubisoft FY Q1 sales fall 36%

Publisher Ubisoft's Q1 2011 sales have hit £90.7m, a drop of 36.3 per cent compared to the year before.

But this is significantly up on the company's expectations of just £79.2m.

Last year the publisher generated £141.8m, but this was boosted by the release of Prince of Persia: The Forgotten Sands and Splinter Cell: Conviction. Comparatively, Ubisoft's main Q1 titles were Child of Eden and Michael Jackson: The Experience, both for Kinect.

The reason for the higher than expected results is due to back catalogue sales, the likes of Assassin's Creed: Brotherhood and the dance titles generated almost £60m.

Another big performer for Ubisoft was online sales, which has risen 45 per cnet year-on-year to £11m. This was driven by XBLA titles Outland and Might and Magic Clash of Heroes.

Ubisoft has also revealed its sales expectations for the full year (2011/2012). The company is predicting revenue of between £915.8m and £951m, with an operating income between £35.2m to £52.8m.

For Q2 Ubisoft is expected revenue of £87.2m, with Driver: San Francisco, Call of Juarez: The Cartel, From Dust and Trackmania 2 Canyon due for release.

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Tags: Ubisoft , child of eden , michael jackson , assassin's creed brotherhood

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