(AOF) – In the first half of 2023-24, Ubisoft suffered a net loss, group share, of 34.3 million euros compared to a loss of 190.1 million euros, a year earlier. The video game publisher posted an adjusted operating profit (non-IFRS) of 43.5 million euros compared to an operating loss of 139 million euros recorded in the first half of 2022-23. Net bookings, the equivalent of revenue, amounted to 822.4 million euros, up 17.6% (+20.1% at constant exchange rates).
Net bookings for the second quarter amounted to €554.8 million, up 36.6% (+40.1% at constant exchange rates).
In terms of prospects, for the third quarter of 2023-24, the group’s net bookings are expected at around 610 million euros.
For the entire 2023-24 financial year, Ubisoft confirmed its forecasts of strong growth in net bookings and adjusted operating profit of around 400 million euros, without releasing the other major game that it had initially planned to launch during the fourth quarter of the current fiscal year.
The company has decided to launch this other big game during the 2024-25 financial year, “in order to maximize its value creation”.
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