Half Year 2021 Ubisoft Entertainment SA Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Robert Berg - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : Three questions, please. First, on the delays. You're saying the games further away in Q4, including Rainbow Six Quarantine, which has already been delayed a couple of times. It needs more time. But the 2 games in the coming weeks still to come didn't need any more time. You've confirmed those dates today. Could you give us some comfort that these games will be ready with all the work-from-home issues? We saw this -- one of your peers delay a title very soon before the release. That's the first question. The second on Hyper Scape. It feels like a bit of a missed opportunity, at least so far anyway. If I remember rightly, one of your learnings from Ghost Recon Breakpoint was the game wasn't what the community wanted and there was a failing on the market research process. Maybe I'm wrong, but it feels like you're saying perhaps a similar issue here with a game that maybe wasn't what the majority of gamers wanted or could play. Do you feel like there's more you could do with regards to that process? And then on the guidance, maybe a clarification. In May, you effectively lowered or derisked unit expectations. This quarter, you're raising them back up again. Are we back to where we were before? Or are your unit expectations now above what you thought pre-COVID? FrTdTrick Duguet So on your first question, so yes, we had to take into account the impact of the COVID-19 on Rainbow Six Quarantine and Far Cry 6, knowing that both games are progressing very well. And that's why we're confident that they will come and be ready in the first half of fiscal '22. And we've been very happy and proud to be coming with 3 major games this quarter on top of Just Dance '21 while our developers were working from home.