Key Developments: Ubisoft Entertainment SA (UBIP.PA)
9.75EUR
24 May 2013
€0.06 (+0.62%)
€9.69
€9.69
€9.81
€9.60
460,261
298,659
€9.97
€4.92
Latest Key Developments (Source: Significant Developments)
Ubisoft Entertainment SA Issues FY 2013/2014 Guidance Above Analysts' Estimates and Issues Q1 2013/2014 Sales Target
Ubisoft Entertainment SA announced that its initial targets for full year 2013/2014 are sales of between EUR 1,420 million and EUR 1,450 million, and non-IFRS operating income of between EUR 110 million and EUR 125 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report for full year 2013/2014, sales of EUR 1,308 million and operating profit of EUR 108 million. The Company also announced that it expects first quarter 2013/2014 sales to amount to approximately EUR 70 million, representing a contraction of 47% compared with the first quarter of 2012/2013, a period that saw the release of Tom Clancy's Ghost Recon Future Soldier. Full Article
Ubisoft Entertainment SA Places EUR 40 Million Bond Offering
Ubisoft Entertainment SA announced that it has placed a EUR 40 million bond offering with a five-year maturity and a 3.038% coupon. This bond placement is complementing the EUR 20 million one launched in December 2012. The bonds were placed with a French institutional investor. They will be issued on May 6, 2013 and will be listed on NYSE Euronext Paris as from that date. The arrangers of the transaction were Credit Agricole CIB and Societe Generale CIB and their legal advisor Gide Loyrette Nouel. Full Article
Ubisoft Entertainment SA Acquires German Company Related Designs
Ubisoft Entertainment SA announced the acquisition of Related Designs, a German development studio for personal computer (PC) strategy games, including the AnnoTM franchise. Ubisoft Entertainment SA previously owned 29.95% of Related Designs and is acquiring the remaining 70.05% in a cash transaction. Financial terms were not disclosed. Full Article
Ubisoft Entertainment SA Narrows FY 2012/2013 Guidance to a Range Above Analysts' Estimates and Issues Q4 2012/2013 Sales Guidance
Ubisoft Entertainment SA announced that it has revised its full year 2012/2013 targets. Sales are now expected to come in at between EUR 1,240 million and EUR 1,260 million, compared with the previous target of between EUR 1,200 million and EUR 1,260 million, and current operating income is now expected to amount to between EUR 90 million and EUR 100 million, versus the previously-announced range of between EUR 70 million and EUR 100 million. The Company also announced that it expects fourth-quarter 2012/2013 sales to amount to between EUR 159 million and EUR 179 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full year 2012/2013 sales of EUR 1,227.16 million and full year 2012/2013 operating income of EUR 90 million. Full Article
Ubisoft Entertainment SA Acquires THQ Montreal Company and Rights To South Park: The Stick Of Truth
Ubisoft Entertainment SA (Ubisoft) announced the acquisition of THQ Montreal as well as the publishing rights for the upcoming South Park: The Stick of Truth video game, being developed externally by Obsidian. In addition to the team at THQ Montreal, Ubisoft also acquired a new, yet-to-be announced IP in development at the studio. The financial terms of the deal were not disclosed. Full Article
Ubisoft Entertainment SA Raises FY 2012/2013 Guidance-Reuters
Reuters reported that Ubisoft Entertainment SA has raised its full year 2012/2013 revenue guidance to a target of between EUR 1.2 billion and EUR 1.26 billion, compared to an earlier forecast of between EUR 1.16 billion and EUR 1.2 billion. The Company also raised its full year 2012/2013 operating profit guidance and now expects to report between EUR 90 million and EUR 100 million compared to EUR 70 million and EUR 90 million previously. According to I/B/E/S Estimates, analysts on average were expecting the Company to report full year 2012/2013 revenue of EUR 1.2 billion and full year 2012/2013 operating profit of EUR 75.2 million. Full Article
Ubisoft Entertainment SA Issues Q2 Sales Guidance; Confirms FY 2012/2013 Guidance
Ubisoft Entertainment SA announced that it expects sales of EUR 110 million for the second quarter of fiscal year 2012/2013. The Company also announced that it is standing by its previously announced targets for full-year 2012-13. Namely, Ubisoft forecasts sales of between EUR1,160 million and EUR 1,200 million and current operating income of between EUR 70 million and EUR 90 million. Full Article
Ubisoft Entertainment SA Confirms FY 2012/2013 Guidance
Ubisoft Entertainment SA announced that it is confirming its previously communicated financial guidance for fiscal year 2012/2013 Full Article
Ubisoft Entertainment SA Issues FY 2012/2013 Guidance
Ubisoft Entertainment SA announced that it expects to report for fiscal year 2012/2013 an increase in sales and recurring operational result between 25% and 61%, and a positive operating cash flow. Full Article
Humana, Inc. Extends Partnership With Ubisoft Entertainment SA
Humana, Inc. announced that it is extending its partnership with video game Company Ubisoft Entertainment SA by offering rewards for healthy gaming. Full Article
Ubisoft raises profit forecast after strong quarterly sales
PARIS, Feb 7 - French videogames publisher Ubisoft has raised its sales and profit forecasts for the current financial year after reporting strong demand for games such as Assassin's Creed 3 and Far Cry 3 over the crucial Christmas season.
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