PARIS (Reuters) - French video games maker Ubisoft forecast on Thursday revenue of 2.2 billion euros (1.7 billion pounds) for the fiscal year 2018-19, up 60 percent from 2015-2016.
It also forecast an operating margin of 20 percent for the year 2018-19 and as well as a free cash flow of around 300 million euros.
Ubisoft doesn't see synergies with media and music group Vivendi (PA:VIV), which holds close to 15 percent of the group shares, Chief Financial Officer Alain Martinez said during a call with reporters.
"We're waiting for Vivendi to provide Ubisoft a proper answer on this subject," he said.
Ubisoft's shares were up 7.67 percent after it announced its forecasts for 2018-19.