Ubisoft has released its sales and earnings figures for the six months ended 30 September 2013, the first half of their 2014 financial year.<\/p>\n
The main takeaway was a reported net loss of \u20ac62.1 million (\u00b1R861-million). This is compared to a net-loss of \u20ac32.3 million in the previous corresponding H1 2012-13 period.<\/p>\n
Contributing to the loss was a \u20ac138.9 million research and development bill, likely due to many upcoming big-hitters such as Watch Dogs, The Crew, and Tom Clancy’s: The Division. \u20ac161.3 million was spent on marketing and admin.<\/p>\n
For the full-year 2013-14 results, Ubisoft expects sales of between \u20ac995 million and \u20ac1,045 million and a non-IFRS (International Financial Reporting Standard) operating loss of between \u20ac70 million and \u20ac40 million.<\/p>\n
Yves Guillemot, Ubisoft Chief Executive Officer, said:<\/p>\n
“The PS4 and Xbox One will be released in a few days\u2019 time and will be a new driving force for the industry. We are confident in our capacity to rise to the short-term challenges posed by the transition phase, thanks to the very high quality of our games, which, combined with the upcoming arrival of the next-generation consoles and the traditional ramp-up of sales during the Christmas season will trigger positive momentum towards the end of the year.”<\/p><\/blockquote>\n
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