Ubisoft earnings revision, part trois

French publisher again raises full-year forecast to more than $1.45 billion on Assassin's Creed, "better than expected" sales of 2M for Rainbow Six Vegas 2.

The financial markets regarded Ubisoft with favor last week, with the French publisher's stock spiking more than 10 percent on news that the company had secured in full Tom Clancy's vast military-media empire. The deal gives Ubisoft the rights to continue creating games in Clancy's universe royalty-free, as well as opens the company to new venues of expansion, including book publishing and film production. In addition to its standard array of Tom Clancy-branded tactical shooters, Ubisoft has thus far said it would be exploring the real-time strategy genre with EndWar and the space combat genre with an air combat game, and has even hinted at a massively multiplayer online installment in the franchise.

While the future remains rosy for the publisher, the past is making the present a delightful period for investors as well. Ubisoft said today that more than 2 million units of Tom Clancy's Rainbow Six Vegas 2 have been sold to retailers since it went on sale March 18, a number CEO Yves Guillemot called "better than expected." Combined with continued strong sales of last year's critically lionized action adventure Assassin's Creed, the publisher today said it would once again be raising its fiscal 2008 full-year outlook.

With the publisher's first revision coming in December and a subsequent upward assessment following in January, Ubisoft today said it expects its full-year haul to amount to €920 million (about $1.45 billion), up from previous projections of €875 million (about $1.38 billion). Operating income saw a similar boost and is now expected to amount to 14 percent of the publisher's full-year revenues, up from 13 percent. Likewise, Ubisoft raised its estimates for the quarter ended March 31 to €210 million (about $331 million), up from €165 million (about $260 million).

In a statement, Guillemot commented on the earnings revisions, saying, "As expected, 2008 is off to be a record year for the video game market and our games have performed remarkably well in this context. Assassin's Creed and our Games For Everyone brands continued their strong performance and Tom Clancy's Rainbow Six Vegas 2 had a better than expected start."

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39 comments
taj7575
taj7575

potheel, crap game with big price tage = unhappy gamer. EA sucks nowadays. they cant make a good game, so they buy out everyting. NFL, and now they own the college basketball license, too... and the only reason theyre trying to buy take-two now is so they can get the $$$ for GTAIV. they're frauds

PotHeel
PotHeel

Since when have EA become a megalomaniacal corporation? They aren't evil, insofar as any company can be. What they aren't is a threat to game quality or the industry, most of the games that I own happen to be EA, to me that doesn't make them any worse. The only "problem" with EA is that they have established a small monopoly in certain corners of the games market, this will be solved though by the growing fortunes of Ubisoft, 2K and most importantly, Activision Blizzard. Make no mistakes, in the lean years of gaming EA single handedly kept the industry afloat, at least give them the respect that they deserve for that.

rbop
rbop

Assassin's Creed rules. Part 2 Part 2!!

necronaux
necronaux

I guess "Games for Everyone brand" is the new euphemism for "casual gamer" (a term most gamesd dislike).

Djinnator
Djinnator

Not entirely surprised, a third of my collection is Ubisoft developed or produced.

GeigerdolylWodd
GeigerdolylWodd

They also made No More Heroes for the wii. I'm try to play towards the end of it every once in a while. Please don't spoil the end for me? I finished the Prince of Persia Sands of time trilogy

Esteban011487
Esteban011487

Ubisoft Rules over EA in terms of game Qualities!.

Richmaester6907
Richmaester6907

I hope these guys one day stand up to EA and say no we may be rich too but our games rule! and we will keep on being rich and making brilliant games thats what being a developer is all about!!!!

Prezzieboy
Prezzieboy

[This message was deleted at the request of a moderator or administrator]

arkadiyk
arkadiyk

I hope they notice the gaming market and invest in it more because the market for everything else is like crap. ( mortgage,, vehicles, energy pricing gold, etc) we want more games! (PC games that is) seriously what other games are coming out that are potentially any good except for assassin's creed, mass effect, starcraft2, far cry 2, brothersInarms:hell-gate and Conan for PC. That 6 games . OK maybe i'm missing a few you can count on one hand but it still very little. their are more new graphics cards coming out then video games wtf! 8800 gt, gts, 9600, 9800 gx2, tri sli. quad sli. and the last games that were even any were close to a 9/10 was crysis and cod4 ( that's 2 games ppl) vs 5 graphics cards from nvidia, I'm not even counting ATI. New hardware to play old games? or for benchmarking? and just that. so i really hope there are more video games then hardware. maybe it hard to code for advanced applications in direct x 10? if so then they should invest

manjot12
manjot12

GOOOOOOOOOOO UBI the greatest publisher of all time

taj7575
taj7575

i agree jrabbit. they make amazing games. they dont have the money of EA but make 10000000000X better games than EA. actually, i think ubisoft makes the most fun and challenging games of all

mortzilla3
mortzilla3

I think they should fix the respawn thing though in Vegas 2. And add some better maps. Then it would be perfect.

X-RS
X-RS

tell us about prince of persia!!

jrabbit99
jrabbit99

Ubisoft is amazing. They're a legendary development team. Ubisoft Montreal is an amazing developer responsible for Assassins Creed, Rainbow Six, Prince of Persia, Splinter Cell, Far Cry, and more. Almost every amazing game comes from Ubisoft. If the game isn't from them it's either from Bungie or Infinity Ward.

berkner_ram77
berkner_ram77

I have loved Rainbow Six for years, but I never expected Vegas 2 to sell this well. I guess their amazing advertising campaign really paid off.

bigboss2010
bigboss2010

Great news, now maybe faster production on Assassin's Creed II?

ctg867
ctg867

Vegas 2 got lucky, they brought it out right when people started to need a break from COD4, which was getting really old.

dutch777
dutch777

with this extra cash they should also charge ahead with the production of assassin's creed 2.

lebanese_boy
lebanese_boy

Ubisoft is da King :P. Good job Ubi, keep up the great work!

CantBanDaSnoman
CantBanDaSnoman

Now please release a patch too fix the bugs in this game.

VenomRitual
VenomRitual

dashboy does it need patches? anyway good for Ubi. love to see a publisher doing well

ddashboy242
ddashboy242

Ubi needs to send patches for RSV2 with that money they've made!!

russian_takeout
russian_takeout

rainbow 6 is not on the same level as call of duty 4. call of duty is a live game, and much beter shooter.. at least for me (not to mention online play...much better). anyways, this is not about that. i hope ubisoft will use that money and start bringing to life splintercell.. the last 2 releases lost something... it got boriing and repetitive. specially "double agent". assasin;s creed, looks amazing, nice fights...the first 2 hours of game play. then it gets the same thill the end.

Nocturnal15
Nocturnal15

Definitly agree with shiftysim. They need to put some effort into fixing Vegas 2 or it will take a trip to the local retailer. I love the way the game plays but the glitches and drops in framerate definity kills the experience. Assassins Creed was played out to the public very well. What I mean is that they showed you some short interesting gameplay but made sure not mention that you that you will be doing the same thing over and over in every city for 10 hours.

sadeghjuve
sadeghjuve

I completely agree with you shiftysim

Darth_Tigris
Darth_Tigris

Nice. Now, news on Splinter Cell Conviction and Beyond Good and Evil 2 (rumored) please!!!!!!!!

shiftysim
shiftysim

How bout' putting some of that money to good use and patching Vegas 2 Ubisoft. It's a great game, but it's littered with bugs.

Chief_Kuuni
Chief_Kuuni

nice, they been making some great games

ag1002
ag1002

"our Games For Everyone brands continued their strong performance" Terrible. They sold well, but it doesn't mean they are good quality games. It means they appeal to more kinds of gamers, but not strongly to any one group. I think Assassin's Creed is a good rent, but is repetitive and the futuristic side of the story was unnecessary. R6V2 is fun, but it is full of bugs and glitches. The story is full of plot holes and the ending is laughable. It feels like I am playing a beta. I can only feel disappointed that Ubisoft ruined what made the R6 series unique. It's just another arcade shooter, it's fun but I don't recommend it.

mariokart64fan
mariokart64fan

if only theyd give wii support with quality titles, id be happy red steel and driver paralel lines were great we need more of that ,

teirdome
teirdome

Glad to see that it's not just the big two making money these days. I'm excited to get Vegas 2 from gamefly one of these days.

xXHackettXx
xXHackettXx

I'm lovn the new Rainbow I want to hear more about the new splinter cell game.

code305
code305

true that greendestiny

ElZilcho
ElZilcho

yeah rainbow 2 is awesome, i'm even fighting with myself to decide if its even better than call of duty 4, its that awesome.

Pete5506
Pete5506

The new rainbow six is just a blast to play