Ubisoft Q2 sales up 15.4 per cent

In an investor call, Ubisoft said that it expects a return to profit at the current operating level for the first half of the fiscal year.

Sales in Q2 rose 15.4 per cent, ahead of the company's forecast.

For Q3, Ubisoft is forecasting a 6 per cent increase in sales to 330 million Euro, driven by releases such as Assassin's Creed, Haze, Naruto: Rise of a Ninja, Beowulf, and Rayman Raving Rabbids 2.

The company also said that it will postpone the release of certain games in order to strengthen full-year 2008-2009, cutting the franchise releases to five from the six titles it initially planned, and cutting the brand release to three from six planned titles. It did not specify which titles would be affected.

In light of its first-half performance, Ubisoft has confirmed its full year guidance. The company is confident of achieving its current fiscal year sales target of 825 million Euro.