Impacted by higher costs and a shrinking lineup of titles, Ubisoft forecasts a decline in net bookings for the new fiscal year.
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Ubisoft expects net bookings for the full year to decline by a "high single-digit percentage" year-over-year, but at the same time anticipates a stronger product lineup in the next fiscal year. The company is currently experiencing the growing pains of a comprehensive and disruptive transformation of its game development pipeline. Ubisoft is reorganizing its product portfolio into five core business units, also referred to as "Creative houses," with the goal of establishing a more solid foundation for the company in the long run.
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