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View Full Version : Buzz Lightyear helps Euro Disney narrow FY loss - Reuters, 11/8/06



Darkbeer
11-08-2006, 03:18 AM
QuikQuote: A new Buzz Lightyear ride helped Euro Disney boost visitor numbers and trim its fiscal 2006 year loss and the heavily-indebted operator of Disneyland Paris said was confident it could keep afloat in 2007.

In a statement on Wednesday, the company, which has to meet certain financial targets to stop banks from calling in its massive debts, said its net loss narrowed to 73.1 million euros from a comparable loss of 92 million euros in 2005.

The operating loss excluding debt servicing costs narrowed to 2.4 million euros from 31.9 million as revenues grew faster than costs, helped by attractions such as the Buzz Lightyear ride launched in April and efforts to attract more French visitors.

Full article at Reuters.com (http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=2006-11-08T085322Z_01_L08876693_RTRIDST_0_LEISURE-EURODISNEY-UPDATE-1.XML)

Vegitabeta
11-08-2006, 03:20 AM
Yeah, Buzz had massive lines when we were there in July, but is worth the wait, of course!

Darkbeer
11-08-2006, 03:29 AM
Here is a link to the official statement released by Euro Disney, S.C.A.

http://www.eurodisney.com/data/288.pdf (http://www.eurodisney.com/data/288.pdf)