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Ubisoft Entertainment SA Updates Its FY 2013/2014 Sales and Operating Income Guidance Below Analysts' Estimates

Tuesday, 15 Oct 2013 12:00pm EDT 

Ubisoft Entertainment SA announced that it has updated its financial targets for fiscal year 2013/2014. After the update, the Company targets sales of between EUR 995 million and EUR 1,045 million and a non-IFRS operating loss of between EUR 70 million and EUR 40 million. Prior targets were sales of between EUR1,420 million and EUR1,450 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 that period a sales of EUR 1,439.10 million and an operating income of EUR 120 million. 

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