** Shares in French videogame publisher Ubisoft UBIP.PA falls 17% after it warned of another year of losses and lower sales
** It said sales in 2026-27 would fall by about 8% to 9%, with a high single-digit operating loss margin and cash burn of as much as 500 million euros ($580.00 million)
** "There is little to expect from the next 12 months before the anticipated major rebound, which will depend on the group's ability to execute its roadmap, meet its deadlines and deliver high-quality content," TP ICAP Midcap analyst Corentin Marty told Reuters
** "These are all areas where the group has rarely succeeded in recent years," he added
** Shares in Ubisoft are on track for their worst day since January 22
($1 = 0.8621 euros)
(Reporting by Mathias de Rozario and Leo Marchandon in Gdansk)
((mathias.derozario@tr.com))