Ubisoft reports Q1 FY2015 results

Watch Dogs sells 8 million units

Posted on Jul 11, 2014 - 1:02pm EST

Ubisoft has released its sales figures for the fiscal quarter ending on June 30, 2014.

Sales for the quarter came to €360 million, up 374 percent (or 386 percent at constant exchange rates) compared with the €76 million recorded for first-quarter fiscal-year 2013-1.

The sales were higher than the target, boosted by the success of Watch Dogs, which broke Ubisoft’s sales record for new IP sales, with over 8 million sell-in units. Strong growth was also reported in the digital segment, with sales up 149 percent to €84 million, driven by Watch Dogs, Free-to-Play mobile games and the releases of Trials Fusion, Child of Light and Valiant Hearts The Great War.

Ubisoft expects second-quarter sales to amount to approximately €85 million, down by around 61 percent compared with the second quarter of 2013-14, which saw the releases of Splinter Cell BlackList, Rayman Legends and Just Dance 2014.

In the first five months of calendar 2014, Ubisoft was the second-largest independent publisher in the United States with 12.4% market share (compared with fourth-largest and 6.8% one year earlier).