Losses narrow for Euro Disney
Euro Disney has posted a fall in net losses for the first half of fiscal 2013 on lower debt interest payments.
The group, which operates Disneyland Paris, completed a refinancing agreement in September with its parent Walt Disney Entertainment Company and two of its French subsidiaries, for €1.332bn ($1.73bn) of debt.
Net loss attributable to the first half of 2013 was €89.1m ($115.7m), compared to €100.8m ($130.9m) a year earlier.
Revenues rose three per cent to €567.7m ($737.2m) after a four per cent increase in average spending per visitor.