Ubisoft has reported third quarter sales of €495 million (£435m / $683m), down 2.7 per cent compared to the €508 million (£446m / $701m) for the same period last year.

For the nine months to December 31, sales totalled €661 million (£581m / $912m) versus €852 million (£749m / $1.1bn). The numbers are in line with the revised estimates from January 13, with the French publisher pointing to poor DS sales as a major factor in the decline.

The company reiterated plans to release more titles based on existing franchises and focus on the Xbox 360 and PlayStation 3 formats, and shy away from releasing new intellectual projects until the 2011/2012 financial years.

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