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Theme Park Supplier's News of the Week #12 Bolliger Mabillard, MAURER Rides, ETF Ride Systems, Lo-...
Theme Park Supplier's News of the Week #12
World Waterpark Association Success for WWA's 33th Symposium and Trade Show
World Waterpark Association
Hong Kong Disneyland to introdoce Iron Man Experience First major Marvel attraction planned in 2016
Hong Kong Disneyland to introdoce Iron Man Experience
Theme Park Supplier's News of the Week #11 Zamperla, Simworx, Electrosonic, Vortex
Theme Park Supplier's News of the Week #11
Theme Park Industry News Roundup #6 Liseber, Universal Parks and Resorts, IAAPA, Herschend ...
Theme Park Industry News Roundup #6
Premier Rides wins €8 million contract with Plopsa Gr... New launch coaster to open at Holiday Park in 2014
Premier Rides wins €8 million contract with Plopsa Gr...
Theme Park Industry News Roundup #5 Tokyo Disney Resort, Merlin, European Star Awards
Theme Park Industry News Roundup #5
Record anniversary edition for Euro Attractions Show More than 8,500 attendees on a record exhibit floor
Record anniversary edition for Euro Attractions Show
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Increase in profits for the theme parks and resorts

of The Walt Disney Company in first half 2012

Update : 16:32 Published by François Mayné the 11 May 2012, Corporate.
TWDC announced earlier this week the earnings for its second fiscal quarter and six months ended March 31, 2012. The Group reported global revenues of $20,408 billion (about €14,75 billion) up 3% versus the first half of last year. The net income is up 16% at $2.607 billion (about €2,01 billion) while diluted EPS is also increasing.

These results are supported by the sales from the segment of theme parks and resorts that increases 10% during this first half to $6.05 billion (about €4.66 billion), while net income is meanwhile up 26% to $ 775 million (approximately €598 million). Although it is the slowest period for tourism activities of the Group, theme parks and resorts have made an excellent second quarter with a turnover of $2.9 billion (€2.23 billion) and a net income of $222 million (about €171 million), or nearly 53% increase compared to 2011!


TWDC explains this financial performance by the increase of the volume of activities of all the theme parks and resorts worldwide with the exception of Disneyland Paris. Higher operating income at Walt Disney World Resort (Florida) and Disneyland (California) is explained by a higher attendance and increased guest spending through higher average ticket prices, daily hotel room rates and food, beverage and merchandise spending. The result is partially offset by higher costs that were driven by labor cost inflation, resort expansion and new guest offerings, volume-related cost increases, and increased investments in systems infrastructure.


About the theme parks abroad, higher activities of Tokyo Disney Resort is explained by the fact that the Japanese resort had achieved a abnormally low turnover in March 2011 following the earthquake, which had led to a temporary closure of the facilities. The increase at Hong Kong Disneyland Resort is due to higher guest spending and attendance. Finally, Disneyland Paris reported a lower attendance (6.8 million visitors against 6.9 last year) which is combined with an increase in labor costs.

During the first half, TWDC has invested $1.75 billion (about €1.35 billion) including 1.44 for the two resorts in North America. This amount increased 13.5% compared to last year, reflecting in particular the expansions underway in California (Cars Land) and Florida (New Fantasyland) as well as the cost of construction of Shanghai Disneyland Resort (opening planned in 2015).

“With 18% adjusted growth in earnings per share, we’re pleased with our second quarter performance,” said Robert A. Iger, Disney Chairman and CEO. “We’re incredibly optimistic about our future, given the strength of our core brands, Disney, Pixar, Marvel, ESPN, and ABC, and our extraordinary ability to grow franchises across our businesses, such as The Avengers, which shattered domestic box office records with a $207.1 million opening weekend for a global performance of more than $702 million to date.”
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Premier Rides
(17 articles found)

Premier Rides wins €8 million contract to build a launch coaster at Plopsa's Holiday Park in 2014 read more

Theme park operator Plopsa Group has announced its plans to open an €8 million (approx $10.9 million) launch coaster in its Holiday Park property i...

NEW | Premier Rides - Published on October 6, 2013
Euro Attractions Show 2013 Wrap-Up: Exhibitor's Quotes and Impressions read more

The Euro Attractions Show 2013 ended on a very positive note last week after three intensive days of business meetings and networking events...

FEATURE | Premier Rides - Published on September 29, 2013
Theme Park Supplier's News of the Week #2 read more

We publish today the second issue of our new Theme Park Supplier's News of the Week series of articles, a review of the latest news and releases of companies supplying the theme park industry worldwide. This weekly report...

NEW | Premier Rides - Published on July 9, 2013
Premier Rides signs its largest service contract with Ocean Park Hong Kong read more

Premier Rides’ aftermarket ride support division, Premier Service™, has been selected by the 2012 Applause Award winner, Ocean Park Hong Kon...

NEW | Premier Rides - Published on March 20, 2013
Premier Rides welcomes Pete Barto as new Director of Sales read more

Theme park attraction supplier Premier Rides has welcomed Pete Barto to the company in the position of Director of Sales. "Traveling directly...

CORPORATE | Premier Rides - Published on October 18, 2012
Six Flags unveils new thrill and family rides, extreme water slides and unique shows for 2013 read more

Six Flags Entertainment Corporation, the world’s largest regional theme park company, today announced that it will introduce another exciting ar...

NEW | Premier Rides - Published on August 30, 2012
Premier Rides President Jim Seay talked safety at IAAPA's Asian Attractions Expo 2012 read more

Jim Seay, president of attractions supplier Premier Rides and chairman of global safety standards group ASTM Committee F24, delivered the kick-off...

CORPORATE | Premier Rides - Published on June 14, 2012
Speed - The Ride will reopen at a new location in Las Vegas read more

Last May, we were reporting that the Sahara Hotel & Casino on the Las Vegas Strip was closing down due to financial issues. The hotel featured...

PROJECT | Premier Rides - Published on April 23, 2012
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