Ubisoft financial H1 results

Some quick thoughts:

As with all distributors, digital sales was up. But for Ubisoft it was +102% YoY, now 72% of revenues. And revenues itself was +36%. In plain numbers, revenue increased with €74m. 

At the same time as revenues increased 36% costs (SG&A) only increases about 1%, showing the power of increased digital distribution (and was also partly due to an increase in back-catalog sales).

They are guiding for financial full year 2017, €1,610-1,670m in sales. 

The finished with this slide reminding us all why you must be invested in this sector: