Q1 2024 Ubisoft Entertainment SA Corporate Sales Call Transcript

Jul 20, 2023 / 04:15PM GMT
Operator

Good day, and thank you for standing by. Welcome to the Ubisoft Q1 FY 2024 Sales Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Yves Guillemot. Please go ahead.

Yves Guillemot - Ubisoft Entertainment SA - Co-Founder, Chairman, CEO, President & Chief Creative Officer

Welcome, everyone, and thank you for joining the call today. In fiscal year Q1, we delivered a better-than-expected performance, and we continue to progress on our 2-pillar strategy of reaching a significantly larger audience and growing our recurring revenues. We showcased our promising big brand games and live experiences during the highly regarded Ubisoft Forward event. It positioned us favorably for the upcoming months and years.

In addition to increased engagement and positive sentiment from players, Ubisoft Forward was an important moment of pride for our teams across the world. This quarter, we also made progress on our free-to-play titles with many test

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