Spettacolo
Euro Disney S.C.A. Reports Revenues for the First Quarter of Fiscal Year 2013
revenues increased 1% to € 320.7 million from € 318.6 million in the prior-year period.
Theme parks revenues decreased 1% to € 179.0 million from € 180.2 million in the prior-year period, due to a 2% decrease in attendance partly offset by a 1% increase in average spending per guest. The decrease in attendance was mainly due to fewer guests visiting from France and Spain , partly offset by a higher number of guests visiting from the Netherlands and the United Kingdom . The increase in average spending per guest was due to higher spending on admissions and merchandise.
Hotels and Disney Village revenues increased 1% to € 129.8 million from € 128.2 million in the prior-year period reflecting higher Disney Village activity, partly offset by a 2% decrease in average spending per room. The decrease in average spending per room resulted from lower spending on food and beverage and lower daily room rates. Hotel occupancy rate remained stable with more guests visiting from the United Kingdom offset by fewer guests visiting from Spain .
Other revenues increased by € 1.7 million to € 11.9 million, from € 10.2 million in the prior-year period, mainly due to higher travel services and other services sold to guests as well as higher sponsorship revenues.
revenues increased by € 6.0 million to € 6.3 million, from € 0.3 million in the prior-year period. This increase was due to one transaction closed during the First Quarter while no transaction closed in the prior-year period.
increased during the First Quarter compared to the prior-year period, due to costs associated with real estate development activity, new guest offerings and labor rate inflation.
Commenting on the results, , said:
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The celebration of Disneyland Paris' 20 Anniversary launched in April 2012 . This event features a number of brand new guest experiences, including , a nighttime spectacular, as well as and . Given its success, the celebration will continue for an additional six months beginning April 2013 , offering guests more time to experience this magical period at Disneyland Paris.
On January 8, 2013 , the Supervisory Board of the Company appointed Mrs. Virginie Calmels as Chairman, replacing Mr. Antoine Jeancourt-Galignani , who has decided to retire from the Supervisory Board after serving 23 years as a board member including 17 years as Chairman. For more information, refer to the press release issued on January 8, 2013 which is available on the Company's website.
Next Scheduled Release in February 2013 : Annual general meeting - February 28, 2013
Additional financial information can be found on the internet at http://corporate.disneylandparis.com
Code ISIN : FR0010540740
Code Reuters : EDLP.PA
Code Bloomberg : EDL:FP