Ubisoft: Q1 sales up 45.2%.
(CercleFinance.com) - Ubisoft's Q1 2017/18 revenues reached 202.
1 million euros, up 45.2% (+45.7% at constant exchange rates) relative to 139.1 million euros in Q1 2016/17.
Digital revenues rose by 55.0% to 162.4 million euros (80.4% of total revenues, against 75.3% in Q1 2016/17).
The group said that Q2 2017/18 sales are expected to reach around 190 million euros, up 34.0% relative to Q2 2016/17.
Ubisoft has confirmed its targets for FY 2017/18, with revenues of around 1,700 million euros and non-IFRS operating profit of around 270 million euros, while for FY 2018/19 it expects revenues of around 2,100 million euros, with non-IFRS operating profit of around 440 million euros and free cash flow of around 300 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
1 million euros, up 45.2% (+45.7% at constant exchange rates) relative to 139.1 million euros in Q1 2016/17.
Digital revenues rose by 55.0% to 162.4 million euros (80.4% of total revenues, against 75.3% in Q1 2016/17).
The group said that Q2 2017/18 sales are expected to reach around 190 million euros, up 34.0% relative to Q2 2016/17.
Ubisoft has confirmed its targets for FY 2017/18, with revenues of around 1,700 million euros and non-IFRS operating profit of around 270 million euros, while for FY 2018/19 it expects revenues of around 2,100 million euros, with non-IFRS operating profit of around 440 million euros and free cash flow of around 300 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.