Sunday, 20th July 2008
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News & Rumours

Financial

Euro Disney first quarter revenues rise 5.8%

Euro Disney SCA, the operating company of Disneyland Resort Paris, today announces its First Quarter results for financial year 2008. An overall increase in sales of 5.8% has been enjoyed by the group mainly thanks to strong Christmas and Halloween seasons, whilst theme park attendance grew by 8% to give an impressive revenue increase of 10% in this sector. The key points from the release - including confirmations of the upcoming 15th Anniversary events - have been plucked out here.

Bid claim faces regulator and more scepticism

The regulator of the Euronext Paris stock exchange, Autorité des Marchés Financiers (AMF), has announced it will be opening an inquiry into the claim on Wednesday from mysterious Swiss firm Center-Tainment that it is preparing a hostile takeover bid for Euro Disney SCA. The claim has been met with growing disbelief and scepticism over the past 24 hours.

Euro Disney bid: Mickey Mouse or for real?

Center-Tainment has failed to announce in full its reported plan to make a hostile takeover bid for Euro Disney, the operator of Disneyland Resort Paris. With excuses that their chief legal counsel is sick, the Swiss firm announced their actions would be postponed for several days…

Center-Tainment confirms plan, Euro Disney knows nothing

More news arrived early this morning of the rumoured takeover bid of operating company Euro Disney by the mysterious Swiss group Center-Tainment. Whilst the chairman of Center-Tainment has confirmed their intention to launch a bid to buy at least 50.1% of company shares, thereby making them the majority party, the stock regulators and Euro Disney themselves are still none the wiser.

Euro Disney targeted for hostile takeover?

There are reports spreading across Reuters and the various business networks that Euro Disney SCA, the heavily indebted operating group of Disneyland Resort Paris, is about to be targeted by Swiss group Center-Tainment for a hostile takeover bid.

A Disney day out for UNICEF’s Frimousses

Disneyland Resort Paris Rolls Out the Red Carpet for UNICEF’s Frimousses, a unique charity campaign.

Euro Disney SCA reports positive Fiscal Year 2006

Euro Disney S.C.A., operating group of Disneyland Resort Paris, yesterday announced its annual results for fiscal year 2006, reporting positive news across the board including increased revenues, increased attendance and reduced net loss, paving the way, they hope, for a similarly successful 15th Anniversary year in 2007.

EDSCA says “cheese” to resort photographers

We recently reported the strike by the resort’s photographers, in their attempt to gain better wages and better promotion prospects, and now Euro Disney Associés SCA, the operating company of the resort, has issued an official press release concerning the demands…

Strikes and SOS signals

It hasn’t been a particular positive news day for the resort today, and it seems to be thanks mainly to one of the resort’s work unions, CFDT EuroDisney. The first piece of interesting news is that the park photographers (the Cast Members who snap guests with characters and relay the images live to the computer servers so they can be called up at the photo boutiques) have taken official strike action against the resort in the hope of receiving what they would believe to be a fairer salary, along with better working conditions and prospects for promotion

3rd Quarter revenues show promise for Euro Disney SCA

Euro Disney SCA, parent company of Euro Disney Associés SCA (operator of Disneyland Resort Paris), today releases its 3rd Quarter revenues announcement for fiscal year 2006, and things are beginning to look up! After a poor first half due to the later Easter holiday period this year, the resort has clawed back profits to an increase of 13% compared to the same period last year.

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