Thanks to strong performances from Rainbow Six Vegas 2 and Assassin's Creed, Ubisoft has raised its full-year guidance. Sales are expected to top $1.5 billion.
by James Brightman on Monday, March 31, 2008
We recently reported that Tom Clancy's Rainbow Six Vegas 2 shipped over one million in the U.S. Today, French publisher Ubisoft announced that the game has actually sold over two million copies worldwide, which the company said is "better than expected." Ubisoft also noted that Assassin's Creed and its Games For Everyone brand "continue to outperform."
Thanks to the strong performances of these games, Ubisoft has raised its fiscal guidance for the 2007-08 year. Net sales are now forecast to be around 920 million Euros ($1.54 billion) compared to the previous guidance of approximately 875 million Euros. Operating income before stock options is expected to represent about 14 percent of sales, up from the previous estimate of at least 13 percent. In addition, the company said that sales guidance for the fourth quarter has been increased to approximately 210 million Euros compared to the previous guidance of around 165 million Euros.
"As expected, 2008 is off to be a record year for the videogame market and our games have performed remarkably well in this context. Assassin's Creed and our Games For Everyone brands continued their strong performance and Tom Clancy's Rainbow Six Vegas 2 had a better than expected start. One year after the great success of the first title, the second iteration, which provides another unique multi-player experience in the much enjoyed Tom Clancy environment, is ranked among the top games on Xbox360 and PlayStation 3 in almost every country," said Yves Guillemot, president and chief executive officer of Ubisoft.
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