(Paris) The French video game giant Ubisoft saw its turnover for the staggered 2021-2022 financial year drop by 4.4% over one year, to 2.125 billion euros, he announced on Wednesday.

Net profit amounted to 79.1 million euros, compared to 103.1 million euros for the previous financial year.

Ubisoft’s three biggest brands, ‘Assassin’s Creed’, ‘Far Cry’ and ‘Rainbow Six’, each achieved ‘significantly over €300 million’ in net bookings. sales excluding deferred revenue), “a first in Ubisoft’s history,” the group announced in a statement.

For the 2022-2023 fiscal year, the objective is “to return to significant growth in our revenues”, indicated Ubisoft, which is counting on the release of numerous games such as “Avatar: Frontiers of Pandora”, based on the feature film by James Cameron.

The group also announced on Wednesday a reshuffle of its executive committee, appointing new members, “who will play an essential role in the strategic transformation” of the group, as well as a new independent director.

Enough to strengthen the representation of women in management positions, with 42% of women for the executive committee and 45% for the board of directors, while several executives of the video game publisher were pushed out during the summer of 2020 after a massive harassment scandal.

Despite the repercussions on its teams, Ubisoft announced that it had regained its attractiveness with the return of “more than 600 talents” who left Ubisoft and who were rehired in 2021-22, while women now represent 25% of its workforce (approximately 18,000 employees worldwide), compared to 22% two years ago.

“Over the past two years, Ubisoft has changed its organization to adapt to a rapidly changing industry with many growth opportunities,” Yves Guillemot, co-founder and CEO, was quoted in a statement as saying.

“We are now entering a new phase of our development, where we want to scale up our brands and offer them to an ever wider audience,” he added.

https://www.lapresse.ca/affaires/entreprises/2022-05-11/jeu-video/une-baisse-de-revenus-de-4-4-pour-ubisoft-en-2021-2022.php

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