Euro Disney Q3 revenues rise 13 pct
PARIS, July 26 (Reuters) - French theme-park operator Euro Disney (EDLP.PA: Quote, Profile, Research) reported a 13 percent rise in third-quarter revenues on Wednesday and said it was making encouraging progress with new rides aimed at getting more visitors.
The company behind Disneyland Paris, which hauled itself from the brink of bankruptcy in 2005, said revenue for the quarter ending June 30 rose to 286.6 million euros ($362 million) from 254 million a year earlier.
Earlier this year, Euro Disney unveiled a new ride called the Buzz Lightyear Laser Blast, and the company said it was making good progress with such attractions.
"I am pleased with year-to-date revenues and especially with third quarter's, as well as with the success of the opening of Buzz Lightyear Laser Blast, the first step of our multi-year investment program," Chairman and Chief Executive Karl L. Holz said in a statement.
"These results reflect the group's strategy of increasing growth through innovative marketing and sales efforts as well as a multi-year investment program. This performance is encouraging as we enter into the important summer months," he added.
http://today.reuters.com/news/newsa...A1186_RTRIDST_0_LEISURE-EURODISNEY-URGENT.XML
PARIS, July 26 (Reuters) - French theme-park operator Euro Disney (EDLP.PA: Quote, Profile, Research) reported a 13 percent rise in third-quarter revenues on Wednesday and said it was making encouraging progress with new rides aimed at getting more visitors.
The company behind Disneyland Paris, which hauled itself from the brink of bankruptcy in 2005, said revenue for the quarter ending June 30 rose to 286.6 million euros ($362 million) from 254 million a year earlier.
Earlier this year, Euro Disney unveiled a new ride called the Buzz Lightyear Laser Blast, and the company said it was making good progress with such attractions.
"I am pleased with year-to-date revenues and especially with third quarter's, as well as with the success of the opening of Buzz Lightyear Laser Blast, the first step of our multi-year investment program," Chairman and Chief Executive Karl L. Holz said in a statement.
"These results reflect the group's strategy of increasing growth through innovative marketing and sales efforts as well as a multi-year investment program. This performance is encouraging as we enter into the important summer months," he added.
http://today.reuters.com/news/newsa...A1186_RTRIDST_0_LEISURE-EURODISNEY-URGENT.XML
