Although Ubisoft is back in the news with as many as nine releases planned in the coming months, all is not positive for the company.
Although the company is starting to see the lights after a dark period, here is the latest information about it Ubisoft It is not entirely positive. The developing company published the economic report corresponding to the first half of its fiscal year 2023-2024, leaving two main titles. In terms of situation Skull and bones It is closer to the solution. The company has closed the launch window for its pirate game a little more, announcing to its shareholders that the premiere will take place between next January and March. On the other hand, one of the most anticipated games of the current fiscal year (it was scheduled to be released before March 31, 2024) It will be postponed until next year (Between April 1, 2024 and March 31, 2025). The postponed title has not been confirmed, even though we know it isn’t XDefiant, Avatar: The Frontiers of Pandora also Prince of Persia: The Lost Crown.
Lights and Shadows for Ubisoft in 2023
Yves Guillemot, the company’s president, evaluated the first half of the fiscal year positively. “Ubisoft finished its second quarter on an excellent note, well above expectations. Activity was primarily driven by our existing catalog, thanks to particularly notable growth in Rainbow Six: Siege (…) We are also satisfied with the sales trend demonstrated by our two recent launches, which represents the successful return of our intellectual properties to the front line of the industry,” he stressed. Assassin’s Creed Mirage And Al Crew Car Festival They got the expected performance. This is worth noting in relation to Assassin’s Creed In this report Just The numbers related to the pre-sale are reflected The game, which debuted in the second half of the company’s fiscal year.
As for the negative – although the report evaluates it positively – the company celebrates “cost reductions” of about 65 million euros. This is consistent with 1,319 jobs disappeared Worldwide (from 20,729 to 19,410). They explained to shareholders that “the cost reduction plan is on the right track.” Financially, Ubisoft reduced fixed expenses by approximately 7% compared to the previous six months. In this section, which mentioned other important changes for the company, they highlighted its role as a “trusted partner in the video game industry” referring to Agreement with Microsoft in the context of the purchase of Activision Blizzard.
And so the developer begins what looks like a comeback. Although they have not completely eliminated the problems related to delays in their launches, they are facing the second half of their fiscal year (October 1, 2023 to March 31, 2024). It confirmed the release of nine titles: Assassin’s Creed Mirage, Assassin’s Creed Nexus VR, Avatar: Frontiers of Padnora, Just Dance 2024, Prince of Persia the Lost Crown, Skull and Bones, Rainbow: Six Mobile, The Division: Resurgence and XDefiant. In this sense, they expect the good trend in terms of revenue growth to continue, or at best, to become more pronounced.
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