Ubisoft falls into the red, penalized by the postponement of games

(Paris) The French video game publisher Ubisoft recorded a net loss of 494.2 million euros (one euro = CA$1.46) in its 2022-2023 annual financial year and a decline in turnover of 14.6%, to 1.81 billion euros, the group announced on Tuesday.


After a financial year penalized by the postponement of several big games, Ubisoft plans for 2023-2024 a return to profits with an operating profit of around 400 million euros, said the group.


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