NEWS - Thursday, June 17, 2004


Strong Year Gives Ubisoft Reason To Celebrate

French publisher Ubisoft has announced its results for the 2003/04 financial year, showing that sales rose by some 22.5 per cent to top the half billion Euro mark, with strong growth also predicted for the coming year. The company, which is currently embarking on a program designed to significantly increase its development resources in Montreal and Shanghai, had sales of 508 million Euro during the full year, and reported pro forma EBITDA of 20 million Euro. The debt load of the publisher also fell significantly, with only 119 million Euro of the company’s debts remaining - down 30 per cent from the previous year. For the coming year, Ubisoft is anticipating further strong growth - with sales growth in excess of 10 per cent and new gains in market share expected, while pro forma operating profit of between 38 and 43 million Euro is projected. Perhaps more importantly, the company - which has been steadily climbing the publisher rankings in both Europe and the United States - has extremely high ambitions for the coming years. "We are currently positioned the 7th ranked independent publisher in the United States, the 5th in the United Kingdom, the 3rd in Germany and the 2nd in France," explained Ubisoft CEO and president Yves Guillemot. "Our objective is now to rank among the top five in the US and to become the leader in Europe during the next three years." For the coming year, he said, "we plan to pursue our strategy centred on our studios, which we are going to strengthen even further by hiring 400 new high-potential talents." Ubisoft’s line-up for 2004/05 includes a sequel to the critically acclaimed Prince of Persia: The Sands of Time, a third game in the Tom Clancy’s Splinter Cell franchise, and new titles in franchises such as Myst, Tom Clancy’s Rainbow Six, Tom Clancy’s Ghost Recon, and The Settlers.
Source: http://www.gamesindustry.biz

Comments

Site Statistics

Registered Members: 44,708
Forum Posts: 725,813
Xbox One Titles: 1,342
Xbox 360 Titles: 1,085
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 585
Original Xbox Titles: 987
Staff Reviews: 1,731
Member Reviews: 10,339
News Articles: 14,570
Screenshots: 31,573
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Xbox Playdates Canada July, 2018 playdate info.
Post by Kiesey
1 Replies, 77 Views

Manette Xbox One Xfest18
Post by oryanphine
2 Replies, 404 Views

Xbox One X Mountain Dew
Post by oryanphine
0 Replies, 278 Views

Xbox Playdates Canada June 2018 schedule
Post by Kiesey
1 Replies, 423 Views

Xbox One X Black Panther
Post by oryanphine
3 Replies, 724 Views

Xbox Playdates Canada May 2018 schedule
Post by Kiesey
4 Replies, 702 Views

Is anything happening in XBox One land?
Post by DJ tx
7 Replies, 960 Views

Xbox One S Jojeux Anniversaire
Post by oryanphine
1 Replies, 656 Views

Xbox One X Steelbook
Post by oryanphine
1 Replies, 704 Views

Xbox Playdates Canada April 2018 Schedule
Post by Kiesey
4 Replies, 993 Views

Xbox One X World of tanks
Post by oryanphine
2 Replies, 1134 Views

Xbox Playdates Canada - March 2018 Schedule
Post by Kiesey
7 Replies, 1382 Views

Any info on Biomutant release?
Post by DJ tx
4 Replies, 1185 Views

Xbox Playdates Canada - February Playdates Schedule
Post by Kiesey
8 Replies, 1533 Views

Xbox Prototype Communicator
Post by oryanphine
1 Replies, 1942 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