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Ubisoft: confirms full-year financial targets

(CercleFinance.com) - IFRS15 25 sales totaled E348.
4m in Q2 2024, down -36.3% (-36.1% at constant exchange rates), compared with E547.1m in Q2 2023-24.

IFRS15 sales came to E671.9m in H1 2024-25, down 19.6% (19.7% at constant exchange rates) from E836m achieved in H1 2023-24.

Net bookings for Q2 2024-25 came to E352.3m, down -36.5% (-36.3% at constant exchange rates) from the E554.8m achieved in Q2 2023-24.

Net bookings for H1 2024-25 came to E642.3m, down 21.9% (21.9% at constant exchange rates) on the E822.4m achieved in H1 2023-24.

Non-IFRS operating loss came to -E252.1m, compared with E43.5m achieved in H1 2023-24.

Non-IFRS net loss (group share) came to -E208.1m, giving non-IFRS earnings per share (diluted) of -E1.64. This compares with E1.7m and E0.01 respectively for H1 2023-24.

Group share of IFRS net loss came to -E246.7m, or (diluted) IFRS earnings per share of -E1.94. This compares with -E34.3m and -E0.28 respectively for H1 2023-24.

Net bookings for Q3 2024-25 should amount to around E380m, the group says.

The company confirms its financial targets for FY 2024-25. It now expects net bookings of around E1.95bn, as well as non-IFRS operating income and free cash flow close to breakeven.


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