Ubisoft's financial year is off to a very strong start. On Tuesday the company reported it's recent sales results, setting a new record for the first quarter. Between April 1 and June 30, sales reached €400 ($465.7) million, with a net book value of €381.5 ($444.2) million. Surpassing 2017's first quarter by 88.8% and the previously forecasted target by €31.5 ($36.6) million. This past May, Far Cry 5 had the second largest debut in the company's history, earning $310 million in it's first week.
Ubisoft's back catalog was cited as a major driving force, totaling €332.6 ($387.2) million. In recent years, Ubisoft has committed long term support for most major titles. Tom Clancy's Ghost Recon Wildlands, For Honor, and Rainbow Six: Siege have each received a dearth of free and paid content over a year after release.
Though Ubisoft CEO Yves Guillemot highlighted the future potential of Assassin’s Creed Odyssey, The Division 2, and Skull &Bones, this ongoing quarter will largely focus smaller digital games and additional content. With the sole planned retail packaged release being Legendary Fishing on the PlayStation 4 and Xbox One.
Ubisoft expects it's second quarter to deliver in similar fashion with sales forcasted between €345.0 ($401.7) million and €355.0 ($413.3) million. The company is also maintaining it's annual sales estimate of €2.000 ($2.329) billion for the 2018-2019 period.