Report
Emmanuel Matot

Ubisoft : Good start to the year for the activity but a serious ESG problem

>Robust momentum in Q1 with support from COVID-19 - Strong development of back-catalogue and PRI - - Ubisoft published yesterday evening its Q1 sales (April-June 2020). Sales were up 27% LFL to € 410m (net bookings), ahead of management’s guidance (€ 335m) as often.This momentum was boosted by the lockdown measures imposed on populations in April and May (return to more normal trends in June and July) with very strong development of the back-catalogue and PRI (Ra...
Underlying
Ubisoft Entertainment SA

Ubisoft Entertainment is an international independent developer, publisher & distributor of video games. Co. centers its business activities on developing, publishing & distributing video games for portable & home consoles, the PC, smartphones & tablets in both physical & online formats: high-definition with games for Xbox 360, PlayStation®3 & PC; casual with games for Nintendo®, KINECT & PlayStation®3 Move; and online for on-line games. Co.'s catalogue includes various types of games: Action/Adventure, Shooters, Sports, Strategy, Simulation, TV and Movie licenses, Games for everyone and Driving. Co.'s trademarks include Assassin's Creed®, Rainbow Six® Vegas 2, and Rayman Raving Rabids®.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Emmanuel Matot

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