Even though they didn’t have a major new release during the quarter (ended June 30, 2017), Ubisoft’s Q1 Fiscal Year 2017-18 sales were up 45% year-on-year to €202.1 million. Digital revenue was up 55% to €162.4 million, and represented more than 80% of total sales during the quarter.
Ubisoft added that their entire portfolio contributed to their strong Q1 performance, and Ghost Recon Wildlands is the biggest game so far in 2017 (January 2017 to June 2017), based on physical and digital sales data from GfK, NPD, Famitsu, and Ubisoft’s estimates in North America, Europe, Japan, and Australia.
Here’s Ubisoft’s Q1 2017-18 results by platform and region, which shows that the PlayStation 4 is their biggest platform:
Breakdown By Platform
- PlayStation 4 – 44% (up from 31% in Q1 2016-17)
- Xbox One – 22% (down 1%)
- PC – 21% (down 5%)
- Others (mobile, etc) – 11% (down 1%)
- PS3, Xbox 360, Wii & Wii U – 2% (down 6%)
Breakdown By Region
- North America – 50% (down 2%)
- Europe – 32% (up 3%)
- Rest of world – 18% (down 1%)
Ubisoft CEO Yves Guillemot talked about their success:
Fueled by the digital segment – which saw a sharp increase in player recurring investment – as well as a strong showing from our back catalog, our sales for the first quarter of 2017-18 came in well ahead of our targets, up 45 percent, despite the fact that there were no major new releases during the period.
At this year’s E3, our teams presented an outstanding line-up and I would like to thank them for their amazing work which has been recognized by the entire industry. Our games have generated enormous enthusiasm among the player community, which supports our expectations for the full year.
Thanks to our increasing ability to engage players over the long term, combined with our unique creative strengths, we are even more confident of achieving our targets for 2017-18 and 2018-19. We expect both of these factors to continue being key drivers of value creation in the coming years.
Ubisoft expects Fiscal Year 2017-18 sales to hit €1.7 billion, and Fiscal Year 2018-19 sales to hit €2.1 billion.
During this quarter (ending September 30), Ubisoft will release Mario + Rabbids Kingdom Battle for Nintendo Switch, For Honor Season Three, and the Hong Kong expansion for Rainbow Six Siege.