Ubisoft financials: Q3 revenue up 23%, Assassin's Creed 3 shipped 12 million

Ubisoft's Q3 financial report is in, and it's a positive picture for the French outfit. Top of the table is Assassin's Creed, which has now shipped 12 million units globally. The company saw a revenue increase of 23% to €802 million for the period.

The biggest surprise for the company was that its online business - incorporating digital game and DLC sales - which saw a leap in revenue up 143% to €55.2 million, thanks to big hitters like Trials: Evolution and Rayman: Jungle Run.

Ubisoft has won big with its core games, as Assassin's Creed 3 shipped 12 million units worldwide during the period (up 70% over sales of Assassin's Creed: Revelations), followed by 8 million Just Dance 4 units shipped (a drop of 16% compared to Just Dance 3) and 4.5 million shipped copies of Far Cry 3.

As a result, Ubisoft's end-of-year projections are up with expected profits of between €90 million and €100 million. It made €37 million in the previous financial year.

The healthy numbers have given Ubisoft a market share of 11% in both America and Europe for the first time in the company's history, claimed CEO Yves Guillemot.

Guillemot added in a statement, "We are now reaping the initial benefits of the two deep-seated transformation processes we have undertaken, namely the Lead and Associate structure for our creative studios, and internal development of our online expertise with versatile teams.

"In 2013-14, thanks to an even stronger offer for core gamers and continued robust momentum for free-to-play games and digital distribution, Ubisoft should continue to capitalize on these underlying trends and win new market share in both the retail and online channels.

"Consequently, in the next fiscal year we expect to see further growth in both sales and current operating income."