Ubisoft six-month earnings up 13 percent

Six-month sales top $218.4 million in gross revenue; GRAW singled out as prime revenue driver.

Today, Ubisoft reported its earnings for the six months ended September 30, 2006, the first half of its fiscal year. Like many publishers, the company beat expectations, reporting 172 million euros ($218.4 million) in gross sales--a 13 percent year-on-year increase from the same period last year.

"Ubisoft achieved a strong first semester, exceeding our first expectations by 25 percent," said CEO Yves Guillemot, referring to the company's initial projections. "This performance results from the quality and diversity of our catalogue [and] the strength of our distribution network, which allows for efficient promotion of our games and brings us an increasing number of publishing and distribution deals."

Of all Ubisoft's titles, Guillemot singled out the Xbox 360 version of Tom Clancy's Ghost Recon Advanced Warfighter for particular praise. Developed at the publisher's Montreal studio, the critically acclaimed third-person shooter's premium map pack was downloaded 150,000 times on Microsoft's online service. Ubi's announcement did not break down sales of the map pack by territory, but it did say the publisher received 3 million euros ($3.8 million) of income from sales on Xbox Live Marketplace, most of which came from GRAW.

Looking forward, Ubisoft now forecasts sales of around 270 million euros ($342.9 million) in its third financial quarter, which will end on December 31, 2006. If the prediction proves accurate, the publisher will enjoy an 8-12 percent year-on-year increase in quarterly income over the previous year--up from the previous estimate of a 5-10 percent increase.

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Discussion

43 comments
Gosnork
Gosnork

Amazing that 1 company can produce the top 3 franchises in all of video games: Brothers in Arms, Ghost Recon, and Splinter cell. Now if Vegas is the Rainbow that the P.O.S. named Lockdown was supposed to be, Rainbow will be back on that list.

anamnawshad
anamnawshad

Sweet! Keep up the good work Ubi and show more 360 love! :D

Digital-Hero
Digital-Hero

Good. GRAW was a great game. I even feel like playing it all over again.

Dreski83
Dreski83

Not only has Ubisoft come a long way into molding their rep into something more solid than EA has ever been, but they have a mighty bright future in gaming to boot. Hell, with them bringing a slew of hot titles to the next gen consoles, improving franchises with lil errors, paving the way for Nintendo's Wii, and basically working to provide what gamers truly need, GOOD GAMES, they are truly my favorite people to spend money on. Thanks Ubisoft

Nintendus
Nintendus

God has given us the gift of Ubisoft.

Bathyj
Bathyj

Hey Ubi. Loving Rainbow 6 demo. Now how bout an Assasins Creed demo cos I'm greedy. ;) Not really. You take your time, keep doing it right. Splinter Cells awesome too. Its still just the same old Splinter Cell but prettier, but if it ain't broke, dont fix it. I agree with Watercandle too. Until the original SC came out all Xbox had was Halo.

blacktorn
blacktorn

I wonder if Ubisoft can come on top of EA,i sure hope so,ubisoft publish games that are worth buying,unlike EA

UbAdm
UbAdm

Ubisoft have released and are releasing some very promising games on the Xbox 360. I think it is well deserved that they are doing so well.

watercandle
watercandle

xelloss88, you said the opposite: Actually, Ubisoft saved Xbox. Ubisoft is the very developer/publisher which led Xbox to today's status.

ftjx
ftjx

they deserve it Tom Clancy's Ghost recon Advanced warfighter (thats GRAW to anyone who's never heard of this title) was a great game.

xelloss88
xelloss88

Xbox saved Ubisoft, they probably wouldn't of sold anything if they only released on the old consoles like the PS2 or Gamecube.

bossjimbob
bossjimbob

Ubisoft is a great publisher. Nice job.

SecretWasianMan
SecretWasianMan

Ubisoft is always reliable for great games :) Thanks Ubisoft!

mciverizonguy
mciverizonguy

I like to play good video games. So I rejoice to see a good video game developing company doing well.

Bathyj
Bathyj

Congrats !!! Its amazing how far Ubi has come in the last 5 years. And they're only getting better.

oxymoron1331
oxymoron1331

Why do you hope EA buys out Ubisoft? Ubisoft puts out quality games and everything EA puts out is just crap, because they know people will buy there product regardless of quality.

starfoxmcleoud
starfoxmcleoud

Awesome! First GRAW, then Red Steel and Rayman! Watch out....here comes Ubisoft!!

cheung31
cheung31

Awesome, all the best to Ubi

IceCold87
IceCold87

Good for Ubisoft, and a big thanks to Tom Clancy.

Riverwolf007
Riverwolf007

Ubisoft the house that Tom Clancy built.

Sagacious_Tien
Sagacious_Tien

Ubi is rolling in dough at the moment. They shold be happy. Even EA is happy about this.

Dace67
Dace67

Good for Ubi. Can't wait for Dark Messiah.

ElZilcho
ElZilcho

now i regret that angry letter i sent to them about not including co-op on double agent (the game ROCKS STILL!!!) and i hope they keep doing better and better.

ultimate_zero
ultimate_zero

Its good to see Ubisoft doing so good, It'd be cool if they could do a reverse and buy a percentage of EA then they would of made more money.

drangel_jam
drangel_jam

Kudos! I hope SC DA gets the same success or greater.

TryMe01
TryMe01

great news fro Ubi, too bad the EA gets some of that cash...

the_real_VIP
the_real_VIP

Know what's sad? A chunk will go to EA since they own 19.9% of Ubisoft's shares.

pXxJoSexXp
pXxJoSexXp

that's good for ubisoft, they are a great company ;) Go Ubisoft :D

reece590
reece590

They are my favorite game developers, they make great games. There games always hold top spots and always do well...They always set the bar high...(and spoil me an xbox & 360 owner)

Maeros4
Maeros4

latinchemist Hopefully EA can't buy them now. not to scare you but EA like microsoft can buy anything they want if they get the shareholders with them, they got the money... But yay for Ubisoft :D

Lilac_Benjie
Lilac_Benjie

Ubisoft are a good company. Probably one of my favoraites after Bioware.

crazy_boy166
crazy_boy166

YEAH GO UBI YOU GUYS ROCK!! these guys know how it make games