Ubisoft optimistic despite sales drop
Ubisoft have offered up their latest financial results this afternoon, confirming that sales for the six months to September 30th dropped 52 percent compared to 2008.
While this performance was viewed as a disappointment for the French game maker, we hear that the full-year target of one-billion Euros should be met thanks to upcoming releases like Assassin's Creed II.
"As expected, in the first half of fiscal 2009-10 the market was very difficult both for Nintendo DS games and for our back-catalog titles, with few new releases. The second half of the year should be significantly more favorable with a return to strong growth and profitability," explains CEO Yves Guillemot.
"Although the environment is still uncertain and the full effect of the sharp drop in console prices has yet to be felt, Ubisoft has the advantage of a diversified and very high-quality line-up for the crucial Holiday period, including the blockbusters Assassin's Creed 2 and James Cameron's Avatar: The Game for the Xbox 360 and PlayStation 3 and a wide-ranging portfolio of very well-calibrated games for the Wii such as Your Shape, Just Dance, Shaun White and Rabbids Go Home."
More from Ubisoft as we get it.