Ubisoft Posts Financials: PS4 Dominates Sales; Watch_Dogs Sells 9 Million, Far Cry 4 Expected 6 Million this Year
Ubisoft just posted its financial results for the fiscal quarter ended on September 30th, with a “significant improvement” of operating income and cash flows according to CEO Yves Guillemot.
The financial documents also mention that Watch_Dogs sold over nine million copies and is expected to overtake ten million in fiscal year 2015.
During the following conference call for investors, Guillemot also explained that Ubisoft expects The Crew to sell about two million units, while Far Cry 4 is expected to sell six million units during its first year on the shelves.
Guillemot also expressed confidence that the company will manage to match its annual target of €1,400 million in sales and operating income of at least €150 million.
Our performance in the first half of the fiscal year has strengthened our confidence that we will reach our annual targets. It demonstrates that our strategy of creating strong brands and investing in digital is paying off. This strategy is underpinned by a creative force of an unrivalled scale as well as constantly enhanced execution. It has positioned us at the forefront of the new console cycle and will be a determining factor in creating value for our shareholders in the short, medium and long term.
According to the documents we can also see that PS4 is at the top of the publisher’s sales for this quarter, followed by the PS3 and PC, with Xbox 360 and Xbox One trailing behind. The gap is even broader if we look at sales in the last six months.