Ubisoft has published the results of the first half of the 2015-2016 financial year. During this time, the company earned 2 times less than in the same period last year.
The first half of the current financial year for Ubisoft ended on September 30, 2015. Since the beginning of the year, the company’s sales amounted to €207.3 million. For comparison, in the first 6 months of 2014, Ubisoft earned €484.2 million.
Executive Director and co-founder of Ubisoft Yves Guillemot called the main reason for such indicators the lack of high-profile releases. In May 2014, the company released Watch Dogs, and in the first half of 2015, the same successful titles did not come out.
According to the forecasts of Guillemot, the situation will improve in the second half of the year. It is expected that up to 80% of the company’s annual sales will be in the next 6 months.
Note that the Ubisoft report also reports that the company’s share of digital sales is growing. During the reporting period, they amounted to €100.1 million or 48.3% of total sales. For the same period of the last fiscal year, this number amounted to 135.5 or 27.8% of the total amount. Thus, it can be argued that the company’s sales have mainly decreased due to non-digital products.
A source: https://www.ubisoftgroup.com/