The end of Ubisoft? The French giant blocks everything 15 minutes before announcing its financial results

The announcement came late Thursday, November 13, just a few minutes before the expected publication. Ubisoft ultimately chose to defer the communication of its financial results, leading to an immediate suspension of its stock market instruments.

Ubisoft suspends its stock market listing and postpones its results

In a laconic press release, Ubisoft indicates that it has asked Euronext to suspend the listing of its shares and bonds from the opening of the markets on November 14. The resumption of trade will take place after the release of the half-year results, promised “in the coming days” without further clarification. The company simply undertakes to keep the market informed of the exact date.

Concretely, this means that it is impossible to buy or sell Ubisoft shares since this morning. Investors find themselves stuck, unable to react to events. This measure also concerns the bonds issued by the group, i.e. four separate securities in total.

Last five complicated years for Ubisoft

This suspension comes after a catastrophic year for the French publisher. Since 2023, Ubisoft has closed several studios abroad and lost more than 2,000 employees. The sudden cessation of XDefiantits multiplayer shooter, and the disappointing sales of Star Wars Outlaws worsened the situation. In October, new voluntary departure plans were announced in Swedish studios. Without forgetting the harassment scandals which have shaken the company in recent years, lastingly tarnishing its image and causing the departure of senior executives.

Internally, financial director Frédérick Duguet tried to allay employees’ concerns. According to an email viewed by theAFPhe mentions additional time necessary to finalize the closing of the semester. The suspension would aim to limit speculation and market volatility during this transitional period. An explanation which remains vague and raises as many questions as it resolves.

For Daniel Ahmad, analyst at Niko Partners, the maneuver “could involve a major company-related announcement”. Observers oscillate between two hypotheses: either an imminent capital transaction with Tencent or the Guillemot family, or accounting difficulties requiring additional analysis time. The stock had already plunged nearly 50% since January, reaching its lowest level since 2012. The coming days should clarify the real reasons for this unusual postponement.

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