Reference Document 2008: Ubisoft

The 2008 Ubisoft Reference Document serves as the official annual financial and corporate filing for the fiscal year ending March 31, 2008. Submitted to the French Autorité des Marchés Financiers, the report provides a comprehensive analysis of the company’s financial health, governance structures, and strategic trajectory. Its primary thesis centers on the company’s successful transition to new-generation console platforms and the efficacy of its internal development model, which facilitated significant revenue growth and market expansion during a period of intense industry competition.

Financially, the company demonstrated robust performance, with revenue increasing 36.4% to €928.3 million and operating profit rising to €131.5 million. This growth was underpinned by the success of key franchises like Assassin’s Creed and the strategic acquisition of intellectual properties such as the Anno brand and Tom Clancy titles. By the end of the fiscal year, the company maintained a strong liquidity position with a net financial surplus of €149.5 million and successfully transitioned to IFRS accounting standards. These results were supported by a global workforce of over 4,300 employees and a decentralized production network that balanced local creative autonomy with centralized financial oversight.

The scope of the report encompasses Ubisoft’s global operations, including its international subsidiaries in regions such as Singapore and China. Governance remained anchored by the Guillemot family, with the Board of Directors implementing specialized committees to enhance oversight and internal control systems. Despite facing industry-standard risks—including console manufacturer dependency and foreign exchange fluctuations—the company utilized sophisticated hedging strategies and conservative investment policies to mitigate exposure. The document concludes with a formal certification by management and independent auditors, confirming that the financial statements accurately reflect the company’s position and compliance with regulatory standards as of March 2008.