Ubisoft’s Chief Financial Officer Frederick Duguet sent an internal memo to all employees shortly after the company unexpectedly delayed its half-year earnings report and requested a suspension of stock trading on the Euronext stock exchange on November 13, 2025. The memo aimed to clarify the company’s position and reassure staff during a period of uncertainty.
Key Points from the Internal Memo
Duguet explained that Ubisoft is “taking extra time to finalize the closing of the semester,” which is why the earnings report will be published in the coming days rather than on the originally scheduled date. The company has requested the trading halt “to limit unnecessary speculation and market volatility during this short delay.”
He acknowledged that the situation would “likely raise questions and drive media coverage,” but encouraged employees to listen to the upcoming earnings conference call for a more detailed overview of financial performance once it is released.
The Broader Context
This announcement arrives amid significant restructuring and strategy shifts within Ubisoft, including the creation of a subsidiary co-owned by Tencent to manage key franchises such as Assassin’s Creed, Far Cry, and Rainbow Six. Ubisoft has been transitioning toward a decentralized operation model and is extending development timelines for some of its largest projects to ensure quality.
Despite a 49% decline in share price year-to-date, Ubisoft remains focused on long-term growth, which the CFO highlighted as part of the company’s message internally.
What Employees Should Know
- The delay is a temporary measure to ensure accurate and complete financial reporting.
- The trading suspension aims to stabilize the stock market reaction during this period.
- Employees will receive more financial details during the rescheduled earnings call.
- No additional details could be shared due to legal requirements.
Frequently Asked Questions
Why did Ubisoft delay its earnings release?
They needed more time to finalize the financial closing of the semester, per the CFO’s memo.
What is the reason for the trading halt?
Ubisoft requested the halt to reduce unnecessary speculation and market volatility.
Will employees be kept informed?
Yes, the CFO encouraged employees to listen to the conference call after the earnings are released.
Is this related to financial trouble?
No explicit trouble was mentioned, but the share price decline and restructuring have been noted.
Are there any immediate impacts on Ubisoft projects?
Several major projects have seen extended development timelines to prioritize quality.
Conclusion
Frederick Duguet’s internal memo aims to reassure Ubisoft employees amidst the unexpected earnings delay and trading suspension. The company emphasizes the decision is about ensuring accurate reporting and market stability while hinting at ongoing strategic transformations shaping its future. Ubisoft will provide detailed financial information through an investor call in the coming days.