Ubisoft expects lower profits in 2022-23 after missing full-year estimate
(Reuters) -French video game group Ubisoft on Wednesday forecast lower operating profit for 2022-23 after the company reported operating income for 2021-22 that missed estimates.
Source: www.reuters.com
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(Reuters) - French video game group Ubisoft on Wednesday forecast significant top-line growth this financial year, driven by a diverse line-up of premium games.
Ubisoft, whose titles include “Prince of Persia” and “Rainbow Six”, also said it expected to post full-year non-IFRS operating income of around 400 million euros ($422.00 million), compared with 407.6 million euros recorded in 2021-2022.
($1 = 0.9479 euros)
Reporting by Anait Miridzhanian and Enrico Sciacovelli. Editing by Jane Merriman
