Today Ubisoft reported sales figures for the fourth quarter of its fiscal year 2006/2007. Sales for Q4 were up 37.4 percent with full year sales up 24.4 percent. Ubisoft also revised its guidance, increasing targets for fiscal year 2007/2008. In Q4, Ubisoft was the Number 1 third party publisher on the Wii, DS and Xbox 360 in Europe. In Q4, Ubisoft was the Number 1 third party publisher on the Wii and Number 2 on the DS and Xbox 360 in the U.S.

Looking ahead, Ubisoft has revised its target for full-year current operating income to approximately 5.5 percent of sales, higher than the previous guidance of approximately 4 percent of sales. In addition, the Company expects to achieve a positive net cash position of approximately 50 million ($64 million U.S.) sharply up on the former objective of zero net debt.

Ubisoft has raised its 2007-08 sales target to approximately $1.024 billion U.S. - compared with the previous forecast of between $960 million U.S. and $980.48 million U.S. - in order to reflect the quality of its games line-up and the favorable outlook for the sector. Ubisoft is maintaining its previously-announced objective for current operating income before stock options to represent at least eight percent of sales.

Based on the provisional games release schedule, the first half of 2007-08 is expected to account for a larger portion of full-year sales than in the past. Consequently, Ubisoft expects First-Quarter 2007-08 sales to be up 71 percent to approximately $153.6 million U.S, .driven by the Surf's Up videogame, four new games for Wii, four new games for the Nintendo DS and Tom Clancy's Rainbow Six Vegas on the PS3.