Ubisoft Announces $83.3 Million Profit

Ubisoft has announced a €64.8 million ($83.3 million) profit and revenue of €1.256 billion ($1.615 billion) for the financial which ended March 31st.

All of the figures released suggest it was a very good period for the French developer-publisher group with revenue rising by 18.3 percent while profits soared 73.7 percent year on year. 

For the previous financial year the company had a profit of €37.3 million ($47.9 million) and revenues of €1.061 billion ($1.364 billion). 

The company attributed its success to its major franchises; the latest installments of Assassin's Creed, Just Dance and Far Cry all sold between six and 12 million copies.

With Assassin's Creed 4: Black Flags, Splinter Cell: Blacklist and Watch_Dogs all on the way this year it seems likely that the company will have another very good year.

Ubisoft CEO Yves Guillemot commented that next generation consoles will provide a "major leap in quality. A new console cycle is beginning and it will offer players an unrivalled experience. They will see a major leap in quality with an extraordinary level of immersion as well as the incorporation of all of the innovations developed in recent years in online and social games, giving players the opportunity to create their own experiences and share them within their communities." 

Source: Ubisoft Group (PDF)