Euro Disney Q1 sales rise 6%

Posted | Contributed by Jeff

Euro Disney SCA said sales grew 6% to €284.1 million in its first quarter to December from €268.5 million a year earlier, as theme park attendance and hotel occupancy increased, driven by strong Halloween and Christmas seasons. Revenues at the theme parks grew 10% to €153.6 million, reflecting increases of 8% in attendance and 2% in guest spending, the company said.

Read more from AFX via Forbes.

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Am I reading this right. Euro Disney is doing well?
I think it means "less bad than before." Increases in revenue may not lead to profits, especially given the size of the hole they dug for themselves.

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