Euro Disney net loss widens by 22%

Posted Monday, May 7, 2012 9:34 AM | Contributed by Jeff

The Euro Disney theme park near Paris reported a 22-percent increase in its net loss for the first half of its financial year on Monday and warned it might have to take cost-cutting action. Euro Disney, the biggest amusement park in Europe and celebrating its 20th anniversary, reported a net loss of 100.8 million euros ($130.6 million), an increase of 21 million euros from the loss for the first half 12 months ago. The company reported an increase in an operating loss of 38.0 percent to 84.7 million euros, and an 8.0-percent fall in sales to 552.4 million euros.

Read more from AFP via Google.

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Monday, May 7, 2012 9:40 AM

Its been there for 20 years?! Wow am I getting old.

Monday, May 7, 2012 10:03 AM

And has it ever made money?

Monday, May 7, 2012 11:31 AM

Acording to Wiki, they turned a profit in at least 1995 and 2002. :-)

Monday, May 7, 2012 11:50 AM

Hooray! Two out of 20 ain't bad!

Monday, May 7, 2012 12:33 PM

^That's not what Meat Loaf said! ;~)

Monday, May 7, 2012 12:38 PM

And the kids say, "Meatloaf can talk?"

Monday, May 7, 2012 12:58 PM

Lets hope Hollande can help them :/


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