Overview
- Second-quarter net bookings rose 39% to €490.8 million, beating guidance on stronger catalogue performance and contributions from TV adaptations.
- Newly appointed auditors required a restatement that shifts usage‑based partnership revenue to recognition over time, pushing the leverage ratio above the 1.5 threshold as of September 30.
- The Tencent transaction is expected to close in the coming days, with funds earmarked for early repayment of about €286 million and for reducing net debt of €1.15 billion that includes €210 million due in December.
- Trading on Euronext resumed at 0900 GMT after a suspension that began November 14, with shares volatile before rising about 10% in mid-morning trade.
- Ubisoft reaffirmed full‑year guidance for stable bookings and operating income around breakeven, forecasting third‑quarter net bookings of about €305 million and planning to detail its Creative Houses model in January 2026.