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Ubisoft FY Profit Down 37 Percent

Ubisoft FY Profit Down 37 Percent

Ubisoft has reported a €31 million decline in net profit for the fiscal year ended March 31, 2009, despite enjoying a 14 percent annual sales increase.

Net income dropped from €109.8 million to €68.8 million ($95.8m/£59.6m), while sales rose from €928.3 million to €1.06 billion ($1.5b/£918.7m).

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