Darkbeer
10-20-2003, 11:01 AM
Euro Disney Confirms Wider Loss Forecast (http://www.bayarea.com/mld/mercurynews/business/7059532.htm) - AP, 10/20/03
QuikQuote: Euro Disney SCA confirmed a news report that its forecast results showed a sharply wider net loss for the fiscal year ending in September, but said the figures had been leaked illegally.
The company, which operates two theme parks outside Paris, issued the statement Monday in response to French newspaper Le Parisien's report Friday that the full-year loss was seen widening by 75 percent to €58 million ($67.6 million) from €33.1 million the previous year. The figures came from a report done for Euro Disney by the French accounting consultancy Arec.
QuikQuote: Euro Disney SCA confirmed a news report that its forecast results showed a sharply wider net loss for the fiscal year ending in September, but said the figures had been leaked illegally.
The company, which operates two theme parks outside Paris, issued the statement Monday in response to French newspaper Le Parisien's report Friday that the full-year loss was seen widening by 75 percent to €58 million ($67.6 million) from €33.1 million the previous year. The figures came from a report done for Euro Disney by the French accounting consultancy Arec.