Ubisoft reports Q3 FY2012 results

Ubisoft has released its sales figures for the fiscal quarter ended December 31, 2012.

Sales for the third quarter of 2012-13 came to €802 million, up 23.0% compared with the same period of 2011-12. For the first nine months of fiscal 2012-13, sales totaled €1,081 million versus €900 million in the corresponding prior-year period, representing an increase of 20.1%, or 12.9% at constant exchange rates.

Sales were helped by the core gamer segment, driven by Assassin's Creed 3 with more than 12 million sell-in and digitally distributed units, representing an almost 70% increase over Assassin's Creed Revelations. Far Cry 3 also delivered a much higher-than-expected performance, with already over 4.5 million sell-in and digitally distributed units.

Online segment saw sales jumping 143% to €55.2 million, led by digital distribution as well as DLC revenues. Just Dance 4 delivered a solid performance with 8 million units sold, considering the declining casual Wii and Kinect markets.

Yves Guillemot, Chief Executive Officer, stated: "Fiscal 2012-13 is a real turning point for Ubisoft. Our performance fully validates our long-term choices and the large-scale investments we have been undertaking for several years now, with a sharp ramp-up in games for core gamers and notably our strong comeback into the major segment of shooter games. Assassin's Creed 3 has reported record-breaking sales of over 12 million units and year after year is marking its position as one of the industry’s major franchises. We have also reestablished Far Cry as one of the major pillars of our offering for core gamers."

Last month, Ubisoft has acquired THQ Montreal as well as the publishing rights for the upcoming South Park: The Stick of Truth video game, which is being developed externally by Obsidian. However the title is not listed on the upcoming release schedule for the Q4 FY2012, meaning it has slipped into summer or later.

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