French video game company, Ubisoft, delayed the release of its first-half results on Friday. The firm also requested a temporary trading halt in its shares and bonds.
Ubisoft said the temporary suspension of trading applies to its ordinary shares, corporate bonds, and two series of convertible bonds. The halt took effect at the market opening on Friday and will remain in place until the gaming company releases the postponed half-year results in the coming days.
Ubisoft plans to release its half-year results in the coming days
The firm stated in a press release on Euronext that it will inform the market once trading resumes. Ubisoft’s chief financial officer, Frederick Duguet, revealed that the halt was intended to mitigate unnecessary speculation and market volatility during the firm’s short delay. The gaming company halted trading as it took longer than expected to finalize its semester-end close.
The firm postponed the release of its results for the first half of FY26 on Thursday. Ubisoft also postponed a scheduled investor call the same evening.
Ubisoft’s shares have plummeted nearly 50% year-to-date as the firm faced uneven sales performance and organizational change. At the time of publication, the firm’s stock price is trading at € 6.77, up more than 8.3% in the past five days. The stock
The firm also reported a 20.5% decline in net bookings to €1.85 billion in its 2024-2025 fiscal year. According to its most recent full-year results, Ubisoft generated positive free cash flow and continued to reduce its fixed cost base. The gaming company stated at the time that Ubisoft was entering a new chapter, focusing on streamlining its portfolio and reshaping its operating model.
Ubisoft reorganizes its studios into autonomous Creative Houses
The firm, best known for its franchises, including Assassin’s Creed, Far Cry, Just Dance, and Tom Clancy’s Rainbow Six, is already reshaping its operations. Ubisoft revealed in July that it would reorganize its studios into autonomous Creative Houses, aiming to simplify the management of its major franchises.
France’s leading video game maker said the change of its internal structure came after it reported first-quarter net bookings fell short of expectations. Ubisoft’s most recent trading data revealed a 2.9% drop in first-quarter net bookings to 281.6 million euros. The report also showed softer results from Rainbow Six Siege.
Yves Guillemot, CEO and co-founder of Ubisoft, argued that the units reflect the company’s diverse types of gaming experiences. He also said that the units enable enhanced quality, focus, autonomy, and accountability.
Ubisoft added that the leadership of each Creative House was selected based on gaming genres, encompassing both creative and technical backgrounds. The gaming company revealed that it will roll out the full organizational changes by year-end, with co-CEOs Guillemot and Christopher Derennes leading brand development across multiple platforms.
The Assassin’s Creed publisher said it’s shifting to a less centralized operating model, aiming to give development teams more ownership over the brands they’ve been working on. The Creative Houses give teams greater control over their franchises and also allow them to respond more quickly to player expectations.
Ubisoft also established its € 4 billion subsidiary, Vantage Studios, earlier this year. The firm stated that the studio, which is partially owned by Tencent, will be utilized to develop and manage the Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six Series. The Chinese company will hold a 25% stake in Vantage Studios and will act in an advisory role.
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