Ubisoft: revises targets for 2020-2021

(CercleFinance.com) - Ubisoft's FY 2019-20 IFRS15 sales came in at 1,594.
8 million euros, down 13.6% (-15.1% at constant exchange rates) compared to 1,845 million euros in FY 2018-19.

Non-IFRS operating profit reached 34.2 million euros, a fraction of the 446 million euros in 2018-19. The non-IFRS net loss, group share was -10.2 million euros, i.e. a non-IFRS loss per (diluted) share of -0.09 euro. The corresponding figures were 333.5 million euros and 2.8 euros over FY 2018-19.

Ubisoft has updated its targets for FY 2020-2021. The group is now looking for net bookings of 2,350-2,650 million euros, compared with a previous target of 2,600 million euros and expected non-IFRS operating profit of between 400 million euros and 600 million euros, compared with a previous target of 600 million euros.


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