Ubisoft Third Quarter 2014-15 Sales Results

Key insights

6 takeaways

01
Ubisoft reported third-quarter fiscal 2014-15 sales of €809.7 million, a 55.8% year-over-year increase that exceeded initial projections of €730 million.See it on page 1
02
Full-year sales targets were raised to approximately €1,440 million, with non-IFRS operating income projected at €165 million.See it on page 2
03
Digital revenue surged by 157% during the quarter, representing a significant strategic shift in the company's income composition.See it on page 1
04
Market share grew to 12.8% in 2014, up from 9.6% the previous year, driven by titles including Assassin’s Creed, Far Cry 4, The Crew, and Watch Dogs.See it on page 1
05
Sales on PlayStation 4 and Xbox One accounted for 57% of total quarterly revenue, signaling a successful transition to next-generation consoles.See it on page 4
06
Future growth strategy focuses on expanding live services across console, PC, and mobile platforms to capitalize on the growing installed base of current-generation hardware.See it on page 2

Summary

Ubisoft’s third-quarter fiscal 2014-15 sales results demonstrate significant financial growth, characterized by record-breaking quarterly performance and an upward revision of full-year targets. The company reported quarterly sales of €809.7 million, a 55.8% increase over the same period in the previous fiscal year, comfortably exceeding initial projections of €730 million. This growth was driven by the strong performance of major titles, including Assassin’s Creed, Far Cry 4, The Crew, and the continued success of Watch Dogs.

Key performance indicators highlight a strategic shift toward digital revenue, which surged 157% during the quarter and now accounts for a larger share of total sales. Market share also expanded significantly, with the company reaching 12.8% in 2014, up from 9.6% the prior year. Geographically, the company maintained a strong presence in North America and Europe, while platform data shows a clear transition toward next-generation consoles, with PlayStation 4 and Xbox One titles representing a combined 57% of sales in the third quarter.

The company attributes these results to a diversified portfolio of in-house developed intellectual property and a focus on creative quality. Based on these outcomes, full-year sales targets have been raised to approximately €1,440 million, with non-IFRS operating income projected at €165 million. Looking ahead, the company anticipates a return to growth in the console market for the 2015-16 fiscal year, supported by an expanded installed base for current-generation hardware and a continued emphasis on live services across console, PC, and mobile platforms. Data for these findings were derived from internal sales figures and industry metrics from sources including NPD and GFK.