Assassin's Creed III

Ubisoft H1 FY13 Earnings Presentation

Ubisoft achieved a 12 percent increase in sales during the first half of fiscal year 2013, reaching €279.2 million compared to €248.5 million in the prior year.

• Ubisoft's sales rose 12% in H1 FY13 to €279.2 million, up from €248.5 million a year earlier, driven mainly by Ghost Recon Future Soldier and growth in digital and online revenue.
• Despite higher sales, Ubisoft's net loss widened to €38.1 million from €31.5 million in the prior-year period, reflecting deliberate spending on marketing and higher working capital.
• Working capital rose to €98.4 million, driven by increased inventory levels and trade receivables.