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Ubisoft Q1 sales down 36.3%

Company sees "solid performance" from back-catalogue titles and online sales

Ubisoft has reported sales of €103 million for the three months ended June 30, down 36.3 percent compared to the same quarter a year ago.

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The company said it enjoyed "a solid performance" from back-catalogue titles, with sales up 84 percent thanks in particular to Assassin's Creed Brotherhood and the publisher's dance titles, and a 45 percent increase in online sales.

Ubisoft CEO Yves Guillemot said: "At the latest E3, Ubisoft presented a solid and promising games portfolio. In the high definition segment, Assassin's Creed Revelations, Ghost Recon Future Soldier, Driver San-Francisco, Rayman Origins, Raving Rabbids Alive & Kicking and The Adventures of Tintin confirmed their potential.

"In the casual segment, we once again demonstrated our leadership in dance games with Just Dance 3 and The Black Eyed Peas Experience. Unlike last fiscal year's releases, these two new titles will both be launched on multiple platforms.

"In the online segment, Ghost Recon Online and TrackMania 2/ManiaPlanet were very well received and initial feedback from players of the closed beta of Ghost Recon Online has been very positive."

Ubisoft's sales for the second quarter of the year are expected to come in at around €99 million, on a par with the same period a year ago.

Guillemot said earlier this week Wii U's 2012 release will push Sony and Microsoft to launch PS4 and Xbox 720 a bit earlier than they had hoped. "We're going to have new machines coming soon," he claimed.

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