Euro Disney posts mid-year $90 million loss

Posted April 29, 2003, 5:18A | Contributed by Jeff

French theme park operator Euro Disney posted an unexpectedly wide first-half loss on Tuesday, dragging its shares lower, after higher costs and slower tourism coincided with the opening of its second park. The European outpost of the Walt Disney Co. said in a statement its net loss in the six months to end-March totalled 82.7 million euros ($90.80 million).