Euro Disney cuts losses on attendance boost

Posted | Contributed by Rick_UK

Theme park Euro Disney on Tuesday said it had trimmed by 13 percent its net loss in the first half of its 2011 financial year to 82.9 million euros ($119 million) thanks to more visitors and spending at its hotels. Sales rose in the October-to-March period rose by 7.7 percent to 559.1 million euros, with attendance at the parks increasing by 6.2 percent to 6.9 million people.

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