Ubisoft hit by revenue drop

Ubisoft hit by revenue drop

By Ben Parfitt

February 9th 2010 at 6:06PM

22.5 per cent year-on-year drop for last nine months as publisher continues to realign strategy

French publisher Ubisoft has reported sales of €661m for the nine months ending December 2009, a 22.5 per cent year-on-year decrease. Sales for its Q3 hit €495m, down just 2.7 per cent compared to the same period in 2008.

48 per cent of sales in the period came from the European market, with 44 per cent originating from North America. Both Xbox 360 and PS3 claimed 26 per cent of Ubisoft’s software sales, with Wii claiming 21 per cent and the DS 14 per cent.

Full story can be found at MCV