NEWS - Tuesday, October 15, 2013


Watch Dogs and The Crew Delayed to 2014

Today, Ubisoft updated its financial targets for 2013-14 and its games release schedule. The Company also communicated initial Non-IFRS operating income targets for fiscal years 2014-15 and 2015-16.

Watch Dogs and The Crew, previously planned for release in fiscal year 2013-14, are now scheduled for 2014-15. The revision of targets for 2013-14 is principally a reflection of these changes. The Company now targets sales of between €995 million and €1,045 million and a non-IFRS operating loss of between €(70) million and €(40) million. Prior targets were sales of between €1,420 million and €1,450 million and non-IFRS operating income of between €110 million and €125 million.

The Company also provided initial Non-IFRS operating income targets of at least €150 million for 2014-15 and at least €200 million for 2015-16.

"Our long term goal is to win the next generation. The tough decisions we are taking today to fully realize the major potential of our new creations have an impact on our short-term performance. We are convinced that, longer term, they will prove to be the right decisions both in terms of satisfaction for our fans and in terms of value creation for our shareholders. We are building franchises that will become perennial pillars of Ubisoft’s financial performance. In a context of growing successes for mega-blockbusters, the additional time given to the development of our titles will allow them to fulfill their huge ambitions and thus offer players even more exceptional experiences” stated Ubisoft co-founder and CEO Yves Guillemot. He concluded “Fueled by strong momentum for PlayStation 4 and XboxOne, calendar 2014 will see the return of growth to the console market. Combined with the quality of our line-up and our strong financial situation, this growth will allow us to achieve record operating income in fiscal 2014-15 and 2015-16."

Based on the information at Ubisoft’s disposal today, sales for the second quarter of 2013-14 should exceed €210 million. Final first half earnings will be released on November 12, 2013.


Source: http://www.ubisoft.com

Comments

Site Statistics

Registered Members: 44,543
Forum Posts: 725,778
Xbox One Titles: 1,215
Xbox 360 Titles: 1,085
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 585
Original Xbox Titles: 987
Staff Reviews: 1,689
Member Reviews: 10,339
News Articles: 14,361
Screenshots: 31,108
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Xbox One S Jojeux Anniversaire
Post by oryanphine
1 Replies, 60 Views

Xbox One X Steelbook
Post by oryanphine
1 Replies, 83 Views

Xbox Playdates Canada April 2018 Schedule
Post by Kiesey
3 Replies, 271 Views

Xbox One X World of tanks
Post by oryanphine
2 Replies, 572 Views

Xbox Playdates Canada - March 2018 Schedule
Post by Kiesey
7 Replies, 722 Views

Any info on Biomutant release?
Post by DJ tx
4 Replies, 676 Views

Xbox Playdates Canada - February Playdates Schedule
Post by Kiesey
8 Replies, 910 Views

Xbox Prototype Communicator
Post by oryanphine
1 Replies, 1112 Views

Xbox One S Dragon Ball Fighterz
Post by oryanphine
0 Replies, 766 Views

Xbox One S Theme Hockey
Post by oryanphine
0 Replies, 626 Views

New Fable is coming!
Post by Shadow20002
2 Replies, 920 Views

RPG Recommendation?
Post by DJ tx
8 Replies, 1002 Views

Xbox Playdates Canada - January 2018 Schedule
Post by Kiesey
5 Replies, 1114 Views

Xbox 360 Summer Intern Celebration 2011
Post by oryanphine
1 Replies, 1297 Views

Xbox One X LA noire
Post by oryanphine
1 Replies, 1640 Views

© 2000-2018 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics