It also made plans to make about £172m (€200m) cost savings via restructuring and divesting some non-core assets. But Mr Guillemot said he was confident the industry's long-term prospects remained promising and that Ubisoft's well established back catalogued remained healthy, particularly its Rainbow Six Siege title and its flagship Assassin's Creed games - some of which have been produced by the Newcastle Reflections studio. Separate accounts for Ubisoft Limited, the UK distribution arm for the group, show an operating loss of £745,000 in the same 12 month period to the end of March.