Ubisoft Sales Up 36%
Ubisoft has released its 2007-08 fiscal year results. In the results it is revealed that sales had increased 36%, 43% at a constant exchange rate. Sales for the 2007-08 fiscal year was €928 million. Operating income was 14.3% of sales. Their Net Cash ended at €150 million for the fiscal year.
See the specifics in the press release below.
Press Release
• Sales up 36% (43% at constant exchange rates).
• Record-high profitability and net cash position:
o Current operating income : 14.3% of sales.
o Cash flow from operating activities: €117 million.
o Net cash: €150 million.
• Outlook for 2008-09 confirmed.
• Events subsequent to March 31, 2008:
o Calyon sells remaining Ubisoft shares held under the Equity Swap.
o Signature of a new syndicated loan agreement.
Jean-Benoît Roquette
Head of Investor Relations
+ 33 1 48 18 52 39
Jean-benoit.roquette@ubisoft.com
This statement may contain estimated financial data, information on future projects and transactions and future business results/performance. Such forward-looking data are provided for estimation purposes only. They are subject to market risks and uncertainties and may vary significantly compared with the actual results that will be published. The estimated financial data have been presented to the Board of Directors and have not been audited by the Statutory Auditors. (Additional information is specified in the most recent Ubisoft Registration Document filed on June 27, 2007 with the French Financial Markets Authority (l'Autorité des marchés financiers)).
Ubisoft is a leading producer, publisher and distributor of interactive entertainment products worldwide and has grown considerably through a strong and diversified line-up of products and partnerships. Ubisoft has offices in 25 countries and sales in 55 countries around the globe. It is committed to delivering high-quality, cutting-edge video game titles to consumers. Ubisoft generated sales of €928 million for the 2007-08 fiscal year. To learn more, please visit www.ubisoftgroup.com.
