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Euro Disney SCA (EDLP.PA)

EDLP.PA on Paris Stock Exchange

2.00EUR
24 Mar 2017
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€0.01 (+0.50%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Euro Disney Q1 revenue rises to 354 million euros
Friday, 10 Feb 2017 03:44am EST 

Euro Disney Sca : Q1 revenue EUR 354 million ($376.66 million) versus EUR 338 million year ago Further company coverage: [EDLP.PA] ($1 = 0.9398 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Walt Disney company announces an increase in interest in Euro Disney
Friday, 10 Feb 2017 01:31am EST 

Walt Disney Co : Walt Disney company announces an increase in its interest in Euro Disney . Proposed transaction will increase Disney's interest in euro disney to 85.7 pct from 76.7 pct. . Price for transaction is 2.00 euros per share and will be paid in shares of Disney common stock. . Intention to make a cash tender offer for all remaining outstanding shares of Euro Disney at a price of 2.00 euros per share . Disney has informed euro Disney that it is committed to support recapitalization of up to 1.5 billion euros for Euro Disney group of companies . Euro Disney's supervisory board has expressed its support of these developments, and its interest in evaluating this proposal . Acquisition of Euro Disney shares will occur through an off-market block trade .As a result of this transaction, Kingdom's ownership interest in Euro Disney will decrease from 10.0 pct to 1.0 pct.  Full Article

Euro Disney Q3 resort revenue down 10 pct at 324 mln euros
Wednesday, 10 Aug 2016 01:55am EDT 

Euro Disney SCA : Reported on Tuesday Q3 revenues of 327 million euros ($364.57 million), down from 360 million euros a year ago . Resort revenues for Q3 were 324 million euros, a decrease of 10 pct year on year .The decrease was due to lower volumes, mainly driven by the adverse events in Paris and Brussels.  Full Article

Euro Disney H1 net loss widens to 183.8 million euros
Tuesday, 17 May 2016 12:18pm EDT 

Euro Disney SCA : H1 net loss 183.8 million euros ($208.36 million) versus loss 118.8 million euros year ago . H1 revenue 604.4 million euros versus 591.7 million euros year ago . H1 EBITDA loss 56.8 million euros versus profit of 4.0 million euros year ago .H1 theme parks attendance 6.4 million versus 6.7 million year ago.  Full Article

Euro Disney SCA - Disneyland Paris ditches pricing policy - FT
Friday, 15 Apr 2016 08:00pm EDT 

Euro Disney SCA:Disneyland Paris has ditched a pricing policy that allegedly overcharged German and British customers, as it bowed to regulatory pressure over the French enjoying special treatment in “the magic kingdom”. - FT.Under the deal, the European Commission will drop a probe into the theme park operator in return for the company agreeing to ensure that non-French customers have fair access to its best offers on its website.Disneyland Paris found itself at the centre of a storm of negative publicity last July after Elżbieta Bieńkowska, the EU’s single market commissioner, told French authorities to investigate whether the company was unfairly rigging ticket prices.The investigation has been a test case for Brussels, which is embarking on a wider policy crackdown on EU companies that restrict consumers’ access to offers available in other parts of the bloc — a practice known as “geo-blocking”.Pricing data gathered by consumer organisations at the time showed that one premium package cost €2,447 on the theme park’s German site, compared with €1,870 on the UK site and €1,346 on the French site.Internal research by EU officials showed a 15 per cent difference between prices in pounds and euros for the same type of ticket.  Full Article

Offer for Euro Disney shares to close on Sept 24 following Court of Appeal ruling - Euronext
Thursday, 10 Sep 2015 07:08am EDT 

Euronext:On Sept. 10, the French market regulator the AMF announced that the Paris Court of Appeal, by a decision dated Sept. 08, rejected the appeals about the clearance decision of the simplified tender offer on Euro Disney shares.As a consequence, the offer will close on Sept.24.Price of the offer: 1.25 euro per share.  Full Article

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Walt Disney seeks control of troubled offspring Euro Disney

DOHA/PARIS Walt Disney Co is to seek full control of Euro Disney after raising its stake in the underperforming operator of Disneyland Paris through a deal with Saudi billionaire Prince Alwaleed bin Talal.