“2004-2005 was another year of success for Ubisoft: sales grew much faster than the industry, we kept tight control on our cost base and net income exceeded our initial target. In just two years, we have generated 110 million euros of free cash flow, while getting ready for the arrival of the next generation consoles. These positive trends will continue: for this year, we expect sales to reach approximately 600 million euros and operating income to be about 55 million euros, at constant exchange rates. For the next four years, we have the ambition to double in size and to triple our net income. We will continue to launch new brands on a regular basis, while maintaining the quality of our games at the highest level in the industry” said Yves Guillemot, President and CEO.

For more information and details, check out their official news release.