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UBISOFT REPORTS FIRST - HALF 2021-22 EARNINGS FIGURES Sales outperformance driven by strength and depth of back - catalog FIRST - HALF 2021-22 : Net bookings well above target In € m Reported change vs. H1 2020- 2021 Reported change vs. H1 2019- In % of total net bookings H1 2021-22 H1 2020-21 2020 IFRS 15 sales 751.3 -0.7 % 7.7 % ΝΑ ΝΑ Net bookings 718.2 -4.8 % 8.6 % ΝΑ ΝΑ Digital net bookings 557.4 -15.0 % 3.8 % 77.6 % 86.8 % PRI net bookings 348.6 -6.2 % 12.5 % 48.5 % 49.2 % Back - catalog net bookings 596.2 -15.5 % 18.1 % 83.0 % 93.5 % IFRS operating income 25.9 ΝΑ ΝΑ NA ΝΑ Non - IFRS operating income 44.1 -61.4 % 539.8 % 6.1 % 15.1 % H1 unique active players and Monthly Active Users up respectively 15 % and 9 % vs. FY20 Second fiscal quarter : Net bookings of € 392.1 million , well above target of approximately € 340.0 million PRI ex - mobile and Back - Catalog up respectively 16 % and 23 % vs. Q2 FY20 ASSASSIN'S CREED® VALHALLA : Already the 2nd largest profit generating game in Ubisoft's history , in less than 12 months FAR CRY® 6 : Early sales in line with Assassin's Creed Odyssey , playtime per player up 25 % vs. Far Cry 5 2021-22 TARGETS : Net bookings now expected flat to slightly down . Non - IFRS operating income confirmed at between € 420 million & € 500 million Paris , October 28 , 2021 - Today , Ubisoft released its earnings figures for the first half of fiscal 2021-22 , i.e. the six months ended September 30 , 2021 . Yves Guillemot , Co - Founder and Chief Executive Officer , said " The industry is thriving and quickly evolving , offering us new challenges and opportunities . Players have a deeper impact on the worlds they are engaging with , and technological breakthroughs are opening up promising new avenues . Against this favorable backdrop , we continue to invest to bring our biggest franchises and new brands to a significantly wider audience . Our roadmap is impressive , with our talented teams developing an ambitious , diverse and exciting slate of games for the coming years . With our rich IP portfolio , cutting - edge technologies , thriving recurring revenues and strong balance sheet , we will deliver meaningful value for players , our teams and our shareholders . " Frédérick Duguet , Chief Financial Officer , said " We delivered a solid performance in Q2 , with revenue well above target . It was driven by the depth and the strength of our portfolio of owned IPs , including the remarkable ongoing success of Assassin's Creed Valhalla . We relied on continued stronger structural trends from our back - catalog , up 23 % vs. FY20 while PRI excluding mobile was solidly up 16 % . As a consequence , our H1 earnings rose sharply versus two years ago . Looking at the second half , players are having a great time in Far Cry 6 , considered by many as one of the best in the series , and we are delivering a strong line up of premium games and dynamic post launch contents . " I 1