Euro Disney loss narrows on strength of Tower of Terror

Posted | Contributed by Jeff

Euro Disney SCA, said its full-year loss narrowed as the new "Tower of Terror" ride boosted attendance and more people stayed at the company's seven hotels on the outskirts of Paris. The net loss was 2.8 million euros ($3.7 million) in the year through September, compared with 38.4 million euros in the prior 12 months. Sales rose 9 percent to 1.33 billion euros and operating profit climbed 78 percent to 90.5 million euros.

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