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Euro Disney S.C.A. Reports Revenues For The First Quarter Of Fiscal Year 2013

PARIS, February 5, 2013 /PRNewswire/ --
  • Total revenues up 3% to € 327 million
  • 20 th   Anniversary celebration extended for an additional six months beginning April 2013

Euro Disney S.C.A. (the "Company"), parent company of Euro Disney Associés S.C.A., operator of Disneyland ® Paris, reported today revenues for its consolidated group (the "Group") for the first quarter of the fiscal year 2013 which ended December 31, 2012 (the "First Quarter"):
                                           Quarter ended December 31,        Variance
    (EUR in millions, unaudited)               2012                2011  Amount          %
    Theme parks                               179.0               180.2    (1.2)    (0.7)%
    Hotels and Disney Village(R)              129.8               128.2     1.6       1.2%
    Other                                      11.9                10.2     1.7      16.7%
    Resort operating segment                  320.7               318.6     2.1       0.7%
    Real estate development operating segment   6.3                 0.3     6.0      >100%
    Total revenues                            327.0               318.9     8.1       2.5%

Resort operating segment 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.

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