Ubisoft Q1 2010-2011 Sales Figures Up 94%

Ubisoft has just released their first quarter 2010-2011 sales figures.

Sales for the first quarter totaled €161 million, up 94% from the same period in 2009-2010 which was €83 million.

The strong growth in sales can be attributed to:

* the solid performance of Splinter Cell Conviction™, which sold in 1.9 million units

* a good performance by back-catalog and casual titles, spurred by the sustained sales of Just Dance®, as well as Assassin’s Creed® 2 and Avatar

* a favorable exchange rate impact

Q2 2010-2011 Sales Outlook:

The second quarter will be highlighted by the releases of:

* H.A.W.X.® 2 for Xbox 360, PS3 and PC
* R.U.S.E™ for Xbox 360, PS3, MOVE and PC
* Racquet Sports for MOVE

Sales for the second quarter of 2010-11 are expected to come in at around €83 million, in-line with the second quarter of 2009-10.

Full year 2010-2011 Outlook:

Ubisoft confirms its previous forecast for the full year 2010-11 of an expected return to profitable growth and positive cash flow from operating activities.