Sunday, October 19, 2008

Breaking News: Disneyland Paris will announce tuesday its first profit in five years !

The Daily Mail on line revealed today that "Disneyland Resort Paris is set to announce its first profit in five years this week."

"On Tuesday the company is expected to unveil a profit of £8 million. Last year it made a loss of £32 million.

Its chequered history since it opened in 1992 has seen it nearly go bust, but in 2005 it raised £195 million in a restructuring and rights issue, which allowed it to build new attractions.

On the up: Disneyland Resort Paris is expected on Tuesday to unveil a profit of £8 million, having made a loss of £32 million last year

Chief executive Karl Holz will report revenues of up to £1 billion from £930 million last year.

Visitor numbers at Disneyland Paris and next-door Walt Disney Studios Park are expected to have risen by 15 per cent with new rides such as The Twilight Zone Tower of Terror and a stage show of the hit film High School Musical 2.
"

It's good news for everybody. For the park, for the guests, and for DLP fans who are expecting new attractions in the next years.

However, don't expect new major attractions before 2010 or 2011. Next year will see the arrival of the Disney's Stars 'n' Cars Event and the new Playhouse Disney attraction at the WDS, and may be future plans will be unveiled at the stock holder's meeting early next year...In the meantime, let's cross our fingers that the economic situation don't become too dramatic next year for the park.

News from the Daily Mail on line.

1 comment:

Zarniwoop said...

Euro Disney s.c.a. stock has dropped 70% in two years.. hopefully this trend will end.

Next year will be tough with current recession. I think EDL should wisely postpone any investments for next years.. unless TWDC will pay it.