Ubisoft Entertainment (LTS:0NVL)
€ 13.245 0.01 (0.08%) Market Cap: 1.72 Bil Enterprise Value: 3.13 Bil PE Ratio: 0 PB Ratio: 1.02 GF Score: 46/100

Full Year 2019 Ubisoft Entertainment SA Earnings Call Transcript

May 15, 2019 / 04:15PM GMT
Release Date Price: €82.42 (+1.17%)
Operator

Good day, and welcome to the Ubisoft FY '19 Earnings Conference Call. At this time, I would like to turn the call over to Yves Guillemot. Please go ahead, sir.

Yves Guillemot
Ubisoft Entertainment SA - Co-Founder, Chairman, CEO & President

Good afternoon, and good morning, everybody. Thank you for joining our conference call. When we presented our 3 years planning in February 2016, we based our assumptions on a relatively traditional model, with major impact from new releases, with low recurring revenues and with gradual digital shift. Since then, we have steadily executed on our plan. We have released high-quality experiences and we did so at a high cadence. We delivered a much faster digital transformation than anticipated with significantly stronger recurring revenues. As a consequence, in 3 years, our top line rose 46%, while our non-IFRS operating income grew even faster by 164%, leading to a 10 point improvement of our profitability. In an industry that continues to evolve rapidly, we have delivered a robust performance, thanks to our capacity to

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot