Yves Guillemot Sees Light at the End of the Tunnel
Although Ubisoft posted a large operating loss in the first half of the fiscal year, CEO Yves Guillemot believes the company is well positioned with its brand portfolio, live services and back catalogue. The French publisher also believes that its cost-cutting programme is on the right track.
Yves Guillemot, Co-Founder and Chief Executive OfficerGamesMarkt, Marcel Kleffmann
In the first half of the current fiscal year, from April to September 2024, Ubisoft recorded net bookings of €642.3 million, down almost 20% year-on-year, but in line with revised guidance. 82% of net bookings were digital. Nearly 49% of net bookings were from purchases by returning customers, known as PRI. 76.9% of net bookings were from the back catalogue. The IFRS operating result shows a loss of €271.8 million.
In the first half of the current fiscal year, from April to September 2024, Ubisoft recorded net bookings of €642.3 million, down almost 20% year-on-year, but in line with revised guidance. 82% of net bookings were digital. Nearly 49% of net bookings were from purchases by returning customers, known as PRI. 76.9% of net bookings were from the back catalogue. The IFRS operating result shows a loss of €271.8 million.
