May 16, 2017 / 3:51 PM / 3 months ago

BRIEF-Ubisoft CFO Martinez considers independence best guarantee to create value

May 16 (Reuters) - UBISOFT ENTERTAINMENT SA:

* UBISOFT CFO MARTINEZ ON VIVENDI: "WE STILL CONSIDER THAT THERE IS A LOT OF VALUE TO CREATE AT UBISOFT, AND WE STILL CONSIDER THAT OUR INDEPENDENCE IS THE BEST GUARANTEE TO CREATE THIS VALUE”

* UBISOFT CFO MARTINEZ: "COMPARED WITH WHAT WE INITIALLY EXPECTED FOR THIS YEAR, WE REALIZED WE MUCH LESS DEPEND ON NEW GAME LAUNCHES"

* UBISOFT CFO MARTINEZ: "WE HAD MUCH MORE RECURRING REVENUES THANKS TO A MUCH LONGER BACK CATALOGUE AND THANKS TO ADDITIONAL AND DIGITAL REVENUES"

* UBISOFT CFO MARTINEZ ON LESS DEPENDENCE ON NEW GAME LAUNCHES: "THIS ALLOWED US TO LARGELY OFFSET THE FACT THAT WE HAVE ONE FEWER GAME AND STILL BE ABLE TO HAVE AN IMPROVED PROFITABILITY" Further company coverage: (Gdynia Newsroom)

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