Fermer
or with Facebook
Facebook Connect
Log in to my account : » Forgot your password ? » I want to subscribe
ABOUT NEWSPARCS HOME ARTICLES
ex: Walt Disney Studios, KMG
Information
My Account
advertisement
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
  • Top Stories
  • Supplier's News
  • WWA
  • Hong Kong Disneyland
  • Supplier's News
  • Industry News
  • Premier Rides
  • Industry News
  • Euro Attractions Show

Latest Industry News

CORPORATEPublished on January 28, 2014 NewsParcs to take an extended break
EVENTPublished on November 10, 2013 IAAPA Attractions Expo 2013 debuts next week in Orlando
CORPORATEPublished on November 10, 2013 Difficult season for Compagnie des Alpes' amusement parks
NEWPublished on October 21, 2013 Theme Park Supplier's News of the Week #12
EVENTPublished on October 21, 2013 Success for the 33th symposium and trade show of the World Waterpark...
NEWPublished on October 13, 2013 Disney to introduce first major Marvel attraction at Hong Kong...
NEWPublished on October 13, 2013 Theme Park Supplier's News of the Week #11
NEWPublished on October 13, 2013 Theme Park Industry News Roundup – Issue #6
NEWPublished on October 6, 2013 Premier Rides wins €8 million contract to build a launch coaster...
581 articles published » See all articles

Welcome!

NewsParcs is an online trade publication dedicated to theme park industry professionals worldwide.

Since 1998, we work in direct contact with manufacturers, suppliers, consultants, owners and operators to publish only reliable and relevant information.

NewsParcs, connecting the theme park industry!

EAS 2013 NewsParcs will do a full coverage of the IAAPA Attractions Expo 2013 in Orlando to have a look at the latest trends and developments of the global theme park industry.

Follow us on Twitter (@NewsParcs) from November 19 to 22 with the hashtag #IAAPA

Operating income for Disney's theme parks and

resorts up 21% for the third quarter

Update : 15/08/12 - 10h59 Published by François Mayné the 13 August 2012, Corporate.
The Walt Disney Company reported last week the earnings for its third fiscal quarter and nine months ended June 30, 2012.

Revenues for the third quarter amounted to $11.088 million (approx €9.02 billion) up 4% compared to the same period of previous fiscal year while the net income increase 24% to $1.831 billion (approx €1.5 billion). For the nine months ended, revenues are up 3% to $31.496 billion (approx €25.62 billion) and net income up 19% to $4.438 billion (approx €3.61 billion).


This performance is once again driven by excellent results of theme parks and resorts segment. Revenues for the quarter indeed increased 9% to $3.4 billion (approx €2.6 billion) and segment operating income increased 21% to $630 million (approx €512.5 million). For the nine months ended, revenues are up 4% to $9.495 billion (approx €7.7 billion) and operating income up 19% to $1.4 billion (approx €1.1 billion).

The Walt Disney Company explains this result by increase of activities at Tokyo Disney Resort (which had been penalized in 2011 by the consequences of the earthquake and tsunami with closing down both theme parks and facilities for several weeks) and Disney Cruise Line due to the first full quarter of operations of the new cruise ship Disney Fantasy.

The domestic resorts of Walt Disney World (Florida) and Disneyland (California) also perform well with increased guest spending (due to higher average ticket prices, food, beverage and merchandise spending, and daily hotel room rates) and attendance growth (at Disneyland Resort), partially offset by higher costs (labor cost inflation and new developments).

New Fantasyland (Magic Kingdom, Walt Disney World Resort)Cars Land (Disney California Adventure, Disneyland Resort)

Disney's theme parks and resorts activities have been particularly busy in the third quarter with the opening of the themed areas Cars Land at Disney California Adventure (Disneyland Resort), Grizzly Gulch at Hong Kong Disneyland or the expansion of the new Fantasyland at Magic Kingdom (Walt Disney World Resort). The group is also preparing for the future with the development of Shanghai Disney Resort in China.

“We had a phenomenal third quarter, delivering the largest quarterly earnings in the history of our company,” said Robert A. Iger, Chairman and CEO of The Walt Disney Company. “Earnings per share were up 31% over last year, driven by growth in every one of our businesses. We also delivered record earnings per share for the first nine months of our fiscal year, and we believe our results clearly demonstrate Disney’s unique value proposition and great potential to deliver long-term growth.”
external links

Great Coasters International
(7 articles found)

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 | Great Coasters International - Published on September 29, 2013
New attendance record for Europa-Park in 2012 read more

The German theme park Europa-Park has surpassed in 2012 the 4.5 million visitors for the first time, confirming its position as the first seasonal park in the world. This outcome is therefore highly satisfactory for the Mack...

CORPORATE | Great Coasters International - Published on January 9, 2013
California's Great America to open a Great Coasters International wooden coaster in 2013 : Gold Striker read more

The amusement park California's Great America, located in Santa Clara in Northern California, announced that it would open in 2013 Gold Striker,...

NEW | Great Coasters International - Published on September 3, 2012
WODAN Timburcoaster - Interview with Clair Hain Jr. President of Great Coasters International read more

During our coverage of the WODAN Timburcoaster media event at Europa-Park (Rust, Germany), we had the opportunity to meet Clair Hain Jr, President...

FEATURE | Great Coasters International - Published on April 19, 2012
Europa-Park opens WODAN Timburcoaster - Interview with Roland Mack read more

Nearly 400 members of the press and special guests - including the racing driver Ralf Schumacher and Miss Germany 2012 - were invited last Wednesday...

NEW | Great Coasters International - Published on April 2, 2012
Europa Park welcomed more than 4 million visitors in 2011 and prepares 2012 read more

Europa-Park stated that its 37th season has been once again a great success with an attendance exceeding well over four million visitors in...

NEW | Great Coasters International - Published on January 11, 2012
Europa-Park will Open a Great Coasters International Wooden Coaster in Spring 2012 read more

A few days after unveiling the launch of its 5th hotel "The Bell Rock", Europa-Park started to tease on Facebook, announcing that another important...

NEW | Great Coasters International - Published on August 1, 2011
Select Articles

more search options less search options

Magazine
dynamic navigation : activateddesactivatedjavascript off
RSS FeedSite map
Member of :