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Ubisoft Entertainment SA (UBIP.PA)

UBIP.PA on Paris Stock Exchange

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21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Ubisoft Q1 sales up 45.2 percent, co announces new revolving credit facility
Tuesday, 18 Jul 2017 11:40am EDT 

July 18 (Reuters) - UBISOFT : :Q1 SALES UP 45.2 PERCENT TO EUR 202.1 MILLION.TARGETS FOR FULL-YEAR 2017-18 AND 2018-19 CONFIRMED.EXPECTS Q2 2017/2018 SALES TO COME IN AT ABOUT EUR 190.0 MILLION, UP 34.0 PERCENT ON Q2 2016-17.SIGNED AGREEMENT TO PUT IN PLACE NEW REVOLVING CREDIT FACILITY, TOTALING EUR 300 MILLION WITH 5-YEAR TERM AND 1-YEAR EXTENSION OPTION THAT MAY BE RENEWED ONCE.NEW REVOLVING CREDIT FACILITY ENABLED CO TO REFINANCE EUR 250 MILLION SYNDICATED LOAN SET UP IN 2014, UNDER BETTER FINANCIAL CONDITIONS AND WITH LONGER MATURITY.  Full Article

Ubisoft proposes appointment of Corinne Fernandez-Handelsman and Virginie Haas as independent directors​
Thursday, 6 Jul 2017 11:40am EDT 

July 6 (Reuters) - UBISOFT ENTERTAINMENT SA ::IS PROPOSING APPOINTMENT OF CORINNE FERNANDEZ-HANDELSMAN AND VIRGINIE HAAS AS INDEPENDENT DIRECTORS​.‍SHOULD THESE APPOINTMENTS BE APPROVED, BOARD WOULD BE COMPRISED OF 11 MEMBERS, WITH SIX INDEPENDENT DIRECTORS​.  Full Article

Ubisoft CFO Martinez considers independence best guarantee to create value
Tuesday, 16 May 2017 10:17am EDT 

May 16 (Reuters) - UBISOFT ENTERTAINMENT SA ::UBISOFT CFO MARTINEZ ON VIVENDI: "WE STILL CONSIDER THAT THERE IS A LOT OF VALUE TO CREATE AT UBISOFT, AND WE STILL CONSIDER THAT OUR INDEPENDENCE IS THE BEST GUARANTEE TO CREATE THIS VALUE”.UBISOFT CFO MARTINEZ: "COMPARED WITH WHAT WE INITIALLY EXPECTED FOR THIS YEAR, WE REALIZED WE MUCH LESS DEPEND ON NEW GAME LAUNCHES".UBISOFT CFO MARTINEZ: "WE HAD MUCH MORE RECURRING REVENUES THANKS TO A MUCH LONGER BACK CATALOGUE AND THANKS TO ADDITIONAL AND DIGITAL REVENUES".UBISOFT CFO MARTINEZ ON LESS DEPENDENCE ON NEW GAME LAUNCHES: "THIS ALLOWED US TO LARGELY OFFSET THE FACT THAT WE HAVE ONE FEWER GAME AND STILL BE ABLE TO HAVE AN IMPROVED PROFITABILITY".  Full Article

Ubisoft partners with Tencent and Playcrab on new mobile game
Thursday, 20 Apr 2017 01:49am EDT 

April 20 (Reuters) - Ubisoft Entertainment SA ::Ubisoft Entertainment : Ubisoft partners with Tencent and Playcrab on new mobile game.  Full Article

Ubisoft opens two new studios in Bordeaux and Berlin
Wednesday, 19 Apr 2017 12:27pm EDT 

April 19 (Reuters) - Ubisoft ::Ubisoft expands its creative force with the opening of two new studios.Upcoming studios to open in Bordeaux and Berlin.  Full Article

Ubisoft acquires mobile game Growtopia
Tuesday, 28 Feb 2017 11:40am EST 

Ubisoft Entertainment SA : Acquires mobile game Growtopia . Acquisition of growtopia is expected to be instantly accretive to ubisoft's earnings .Acquisition is subject to customary closing conditions and is expected to close in ubisoft's 2016-17 Q4.  Full Article

Ubisoft entertainment acquires mobile publisher Ketchapp
Tuesday, 27 Sep 2016 11:56am EDT 

Ubisoft : Acquires mobile publisher Ketchapp .Acquisition is subject to customary closing conditions and is expected to close in Ubisoft's 2016-17 Q3.  Full Article

Unisoft signs agreement for acquisition of its entire stake held by BpiFrance in Ubisoft
Friday, 23 Sep 2016 12:38pm EDT 

Ubisoft Entertainment Sa :Signature of an agreement for acquisition by Ubisoft of entire stake held by BpiFrance in Ubisoft.  Full Article

Ubisoft launches convertible bonds for about 400 million euros
Wednesday, 21 Sep 2016 01:33am EDT 

Ubisoft : Launches convertible bonds OCEANE with maturity 2021 for about 400 million euros ($445.28 million) .Bonds will not bear interest.  Full Article

Ubisoft Motion Pictures announces new film with Jessica Chastain and Jake Gyllenhaal
Tuesday, 2 Aug 2016 09:22am EDT 

Ubisoft Entertainment SA :Ubisoft Motion Pictures announces new film project - "The Division" with Jessica Chastain and Jake Gyllenhaal.  Full Article

Tech stocks enjoy best day in 10 months as earnings drive European shares higher

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