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Sales rise and losses improve at Ubisoft

by Lisa Foster
Thursday, December 7th 2006 at 12:45PM GMT

For the six months ending September 30th, the French publishing giant achieved revenues of Euro 172.1 million, with operating losses at Euro 35.3m and net losses at Euro 20.5 million.

Q3 and full year figures have now been revised upwardly, with third quarter sales forecast at Euro 280.

“The third quarter of 2006-2007 is off to a good start, with Red Steel and Rayman in the top five sales on the launch of the Wii and Tom Clancy’s Splinter Cell and Tom Clancy’s Rainbow Six returning to the front ranks,” said Ubisoft’s CEO Yves Guillemot.

“These positive factors have enabled us to raise our minimum growth target for 2006-2007.”

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