In the middle of the financial year, Ubisoft suffered significant losses

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He considers business opportunities and does not change his strategy.

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Ubisoft reported in the first half of the financial year – from April to the end of September – loss of 200 billion euros. During the same period last year, the company made a modest profit. The publishing house believes that in the second half of the year it will be able to cover the deficit. Among other things, February’s Assassin’s Creed: Shadows can help with this.

In the sales column, the French company entered the value 672 million euroswhat does interannual do decrease by 19.6%. Previously released games accounted for 77% of revenue. In percentage terms, Ubisoft has improved the number of active users and game time. In this regard, he praises himself in the same way as six months ago. Rainbow Six Siege.

CFO Frederic Duguay confirms that Ubisoft is not moving away from a strategy focused on open worlds and live-service games. It also shows expected sales for the entire financial year. They should amount to about 1.95 billion euros. This is likely to be a big drop from the previous period’s 2.3 billion, and the strengthening target announced in the summer will remain unfulfilled.

This is one of the options proposed by shareholders.

“Despite recent setbacks, we continue to fundamentally transform the company to restore the level of creativity and ingenuity on which Ubisoft grew,” says the director. Yves Guillemot“To be successful, we must redouble our focus on final quality and focus on the player in everything we do. For example, we are currently improving Star Wars Outlaws, including taking into account player feedback.”

Guillemot also has some words for investors. According to previous reports, Ubisoft is considering strategic options that include a buyout of the entire company by the firm. Guillemot brothers in collaboration with the Chinese Tencent.

Source :Indian TV

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