Report
Emmanuel Matot

Ubisoft : Very heavy losses in H1. Full-year guidance unchanged

>Very heavy losses in H1 following the failure of Star Wars Outlaws - Ubisoft reported its half-year results (April-September 2024) yesterday after trading. The losses were very heavy, with an adjusted operating loss of -€ 252m (ODDO BHF/consensus: -€130m/-€107m). And net bookings (-22%) came in at the bottom end of the guidance range provided by management at the time of the September profit warning.In particular, the group had to contend with disappointing...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch