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Topic: Euro Disney SCA


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In the News (Fri 5 Dec 08)

  
  Banks Gird For Talks on Euro Disney
Euro Disney, which opened its park in April 1992, said that its net loss for the October-December quarter grew 31 percent, to 553 million francs, from 423 million francs in the year-earlier period.
Euro Disney asserted that its cost- cutting, including 950 job losses, was paying off, as the operating loss remained steady despite the lower revenue.
Walt Disney has agreed to pay operating expenses through the end of March, but its chairman, Michael Eisner, has warned that it might be necessary to shut down the Paris operation if the debt was not restructured by that time.
www.iht.com /articles/1994/02/03/disney_0.php   (455 words)

  
 USATODAY.com - Euro Disney loss widens on dip in tourist numbers   (Site not responding. Last check: 2007-10-09)
Euro Disney operates Disneyland Paris and the Walt Disney Studios Park, and is 39% owned by Walt Disney Co., based in Burbank, Calif.
Nevertheless, the results may revive doubts about Euro Disney's current strategy and its ability to handle its debt of euro2.21 billion ($2.60 billion), pared by only 0.6% over the past year.
Euro Disney's plan to pay off its debts and crippling interest payments were based on a forecast of some 14.5 million visitors a year to its parks, according to the internal report leaked in October.
www.usatoday.com /travel/news/2003-11-20-euro-disney_x.htm   (369 words)

  
 Euro Disney SCA - Wikipedia, the free encyclopedia
Euro Disney S.C.A. is the company that owns and operates Disneyland Resort Paris and that projected the Val d'Europe urban area in Marne-la-Vallée, France.
The Resort is a result of an agreement signed on March 24, 1987 between The Walt Disney Company and the French Authorities for the development of a new tourist destination.
Chairman and CEO of Euro Disney S.C.A., and of Disneyland Resort Paris Karl Holz
en.wikipedia.org /wiki/Euro_Disney_SCA   (282 words)

  
 Euro Disney Gets Lifeline From Banks and Parent
Europe's version of the Magic Kingdom won a reprieve Monday when bankers, Walt Disney Co. and Euro Disney SCA agreed to an estimated $2.5 billion financial restructuring package designed to give the troubled resort a chance at proving its economic vitality by next year.
Euro Disney stock jumped 5 percent on the announcement of the accord, but finished the day down nearly 8 percent to 33.85 French francs ($5.90) from Friday's close of 36.75 francs.
Will let Euro Disney delay a 1 billion franc payment for development work that the American company performed to plan the resort's second phase, which was to include a second amusement park with a movie studio theme.
www.iht.com /articles/1994/03/15/disney_2.php   (849 words)

  
 CalTrade Report - EURO DISNEY CONFIRMS WIDER LOSSES   (Site not responding. Last check: 2007-10-09)
PARIS - 10/22/03 - Euro Disney SCA has confirmed a news report that its forecast results showed a sharply wider net loss for the fiscal year ending in September, but said the figures had been leaked illegally.
The company, which operates two theme parks outside Paris, told the Associated Press that it issued the statement in response to French newspaper Le Parisien's recent report that the full-year loss was seen widening by 75% to $67.6 million from $39.0 million the previous year.
Euro Disney had already warned on July 31 that it might default on scheduled debt repayments for the first time in nine years after a sharp decline in tourist numbers.
www.caltradereport.com /eWebPages/page-two-1066926648.html   (541 words)

  
 deseretnews.com | Euro Disney on a 'mission'
Euro Disney promises to take visitors to "the edge of the universe" with its revamped Space Mountain Mission II ride.
Euro Disney is pushing more flexible tickets as part of a marketing drive to encourage more people to stay at its Disneyland Resort hotels on site and spend more than one day in the parks.
That is why, armed with research showing that most first-time visitors plan to return, Euro Disney has decided to use almost all of the cash raised in its capital increase on opening a new ride every year.
deseretnews.com /dn/view/0,1249,600124196,00.html   (657 words)

  
 Obscure Co. Touts Euro Disney Bid Plans - Forbes.com   (Site not responding. Last check: 2007-10-09)
The Walt Disney Co. (nyse: DIS - news - people) owns 39.8 percent of Euro Disney, which has been struggling to reduce its euro1.6 billion (US$2.1 billion at current exchange rates) debt and boost business after a prolonged slump in European tourism.
Euro Disney refused to comment on the news conference, but said in a statement issued Wednesday that it was aware of Center-Tainment's "intention to launch an 'unfriendly takeover offer for Euro Disney.'"
Under terms of the proposed deal, Euro Disney shareholders would get 11 euro cents (14 US cents) for each of their shares, or roughly 200 Center-Tainment shares for each of their own.
www.forbes.com /feeds/ap/2006/11/30/ap3217216.html   (558 words)

  
 EURO DISNEY S C A Annual and Transition Report (foreign private issuer) (20-F) ITEM 10. ADDITIONAL INFORMATION
Euro Disney S.C.A. is organised as a limited partnership (société en commandite par actions or"S.C.A.") governed principally by Chapter II of the French Commercial Code and decree no. 67-236 of March 23, 1967 on commercial companies.
Euro Disney S.A.S., a French simplified corporation, was appointed as sole Management Company at the extraordinary shareholder's meeting held on February 24, 1989.
Euro Disney S.A.S. was formed as a French corporation and was transformed into a simplified corporation at the extraordinary shareholders' meeting held on August 6, 2004.
sec.edgar-online.com /2005/01/14/0001104659-05-001458/Section16.asp   (4892 words)

  
 Euro Disney Posts $188M Loss for 2004 (phillyBurbs.com) | General
PARIS - Euro Disney SCA posted a wider loss Tuesday for the 2004 fiscal year as the theme park and hotel operator resumed royalty payments to The Walt Disney Co. and incurred heavier operating costs.
In Euro Disney's hotels, however, a decline in the average occupancy rate to 80.5 percent from 85.1 percent more than offset a 2 percent increase in spending per room.
Royalty payments to controlling shareholder Walt Disney grew to 58 million euros ($75 million) from 8 million euros, Euro Disney said, and the lengthy negotiations that led to its September rescue deal drained a further 13 million euros ($16 million) in fees and expenses.
www.phillyburbs.com /pb-dyn/news/24-11092004-397548.html   (461 words)

  
 ThrillNetwork.com :: Disney bails out Euro Disney SCA
The opening of a second park, Walt Disney Studios, in March of 2002 caused losses of $742 million dollars, and the continuing travel slump forced Euro Disney to breach the terms of its loans.
Euro Disney provides jobs for approximately 42,000 people, including 12,000 who work directly for the company.
News of the agreement prompted Euro Disney's stock to rise 2.9 percent.
www.thrillnetwork.com /stories_view.php/358   (264 words)

  
 ROUNDUP Euro Disney story takes new twist as Swiss firm unveils bid plan - Forbes.com   (Site not responding. Last check: 2007-10-09)
Euro Disney is 39.8 pct owned by The Walt Disney Co, while Prince Alwaleed bin Talal of Saudi Arabia has a 10 pct stake.
Euro Disney said it had not been able to obtain any details of the supposedly forthcoming takeover bid, despite requests to the company following press reports about the intended offer.
Euro Disney posted a net loss of 73.1 mln eur in its latest year, although new rides such as Buzz Lightyear Laser Blast brought in more visitors and helped group sales to grow 4.5 pct to 1.088 bln eur.
www.forbes.com /afxnewslimited/feeds/afx/2006/11/30/afx3216194.html   (860 words)

  
 [No title]
In the deal, the interest rate on 450 million euros ($553 million) of Euro Disney's senior debt will be increased, and a repayment deadline on some debt will be delayed by two years until 2014.
Euro Disney will be able to break some terms of its original loans without triggering bankruptcy.
Trading in shares of Euro Disney was suspended on the Paris stock exchange shortly before the announcement.
www.firstcoastnews.com /news/news-article.aspx?storyid=24970   (310 words)

  
 The Business of Magic   (Site not responding. Last check: 2007-10-09)
WDP&R also is responsible for Walt Disney Imagineering, the ESPN Zone restaurants, the World of Disney store in New York City and even the Mighty Ducks of Anaheim hockey team, the sale of which is pending approval by the National Hockey League (and, until recently, the Anaheim Angels baseball team).
Holz, Euro Disney's sixth CEO in the resort's thirteen year history, had joined Euro Disney as president and COO in September, 2004, from his previous position as president of the Disney Cruise Line.
Walt Disney may not have pictured five resorts with eleven theme parks, plus a cruise line before he died back in 1966, but he probably would have been pleased with the team running the operations today, as all seem genuinely concerned with the guest experience.
www.mouseplanet.com /dan/bm050615mg.htm   (1156 words)

  
 News - Opel/Vauxhall to become the official automotive partner of Disneyland Resort Paris   (Site not responding. Last check: 2007-10-09)
General Motors Europe and Euro Disney SCA announced on November 9, an agreement that will make Opel/Vauxhall the official automotive partner of Disneyland Paris as of April 12, 2002.
General Motors Europe and Euro Disney SCA announced today an agreement that will make Opel/Vauxhall the official automotive partner of Disneyland Paris as of April 12, 2002.
Jay Rasulo, Chairman and CEO of Euro Disney SA, said, "We are delighted to welcome Opel/Vauxhall to Disneyland Paris and especially to the Walt Disney Studios.
www.gmeurope.com /news/2001/news_011109.html   (429 words)

  
 INTERCOT's WebDisney - Guide To Disney On The Internet
Disney World plans to turn over at least 167 bell, valet and baggage service jobs to an outside company in January.
Disney said it agreed to buy NASN Ltd., also known as North American Sports Network, from private-equity firm Benchmark Capital Europe and Setanta Sports Holdings Ltd., a sports broadcaster based in Ireland, according to the report.
The first monthly issue of Disney Adventures magazine priced at Rs 40 and is targeted at Indian tweens in the 8-13 age group and features local content including a special feature on a recent Bollywood hit film.
www.webdisney.com   (1303 words)

  
 Disneyland Park (Paris) - Wikipedia, the free encyclopedia (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-10-09)
For instance, the iconic castle, a Disney theme park institution, is said by its designers to have been necessarily reevaluated for a continent holding authentic castles.
Euro Disney SCA responded with an image change in which the word "Euro" was phased out of all its brands, including Euro Disneyland.
As Disney's global resorts have expanded with theme parks and other recreational amenities that share hotels and basic facilities on property, The Walt Disney Company experimented with marketing strategies as one of the first companies to be challenged with this task.
en.wikipedia.org.cob-web.org:8888 /wiki/Disneyland_Park_(Paris)   (896 words)

  
 The Disney Blog
Using the theories behind Walt Disney's family oriented entertainment and edutainment, this blog is intended to be a safe read for the whole family.
Disney is trying to save money by cutting the very guest services that make Disney Disney.
In a webcast Disney CFO Tom Staggs said he was 'Very Bullish' on the company's prospects for 2007.
www.thedisneyblog.com   (3082 words)

  
 Disneyland Resort Paris - Wikipedia, the free encyclopedia
It is owned and operated by the French company Euro Disney SCA, a public corporation of which 39.781% of the stock is held by The Walt Disney Company, 10% is held by the Saudi Prince Alwaleed and other shareholders hold 50.22%.
On October 1, 1994, Euro Disneyland and Euro Disney Resort changed their name to Disneyland Paris (after the opening of the Walt Disney Studios Park in 2002, Disneyland Paris was given its current name, Disneyland Park, and the entire Resort became known as Disneyland Resort Paris).
The tenth Disney theme park in the world, Walt Disney Studios Park opened with the aim of keeping visitors to the resort on property for more days, but the park was criticized for not having enough attractions and having very minimal theming.
en.wikipedia.org /wiki/Euro_Disney   (1350 words)

  
 The Disney Blog: Euro Disney takeover bid?   (Site not responding. Last check: 2007-10-09)
Reuters is reporting that Euro Disney SCA (owner and operator of Disneyland Resort Paris) may be subject to a hostile takeover bid by the little-known swiss firm Center-Tainment AG.
Euro Disney is an SCA (Société en Commandite par Actions) which would be an LP (Limited Partnership) in the States.
The Walt Disney Company (through a subsidiary) is the general partner and management company of Euro Disney.
www.thedisneyblog.com /tdb/2006/11/euro_disney_tak.html   (1122 words)

  
 Euro Disney SCA - Wikipédia (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-10-09)
Euro Disney SCA est une Société en Commandite par Action, qui exploite au travers de ses filiales le complexe de loisirs Disneyland Resort Paris et ses dépendances.
Euro Disney SCA est une société dont les actionnaires principaux sont la Walt Disney Company (39,9%, au travers de EDL Holding Company) et le Prince Alwaleed (10% au travers de Kingdom Holding Company).
Euro Disney SCA est l'exploitant du domaine tandis que Euro Disney SA était le gérant (Société Anonyme), détenu à 100% par la Walt Disney Company.
fr.wikipedia.org.cob-web.org:8888 /wiki/Euro_Disney_SCA   (739 words)

  
 Euro Disney SCA - Wikipédia
EDL SNC qui détient les actifs du parc Disneyland Paris, a un crédit-bail auprès de Euro Disney Associés qui loue et sous-loue à Euro Disney SCA.
Depuis la restructuration de 2004, Euro Disney SCA détient 82% dEuro Disney Associés qui a en contrepartie pris à sa charge les autres actifs.
Euro Disney Hotels SCA est l'exploitant de la Phase IB, détenue à 99,9% par ED SCA, et a permis de construire les hôtels et Disney Village.
fr.wikipedia.org /wiki/Euro_Disney   (731 words)

  
 Derivatives Risk Management Project (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-10-09)
The profit earnings reported for Euro Disney SCA was 23.63 million Euro.
Given that the Walt Disney Group has a 39 percent ownership stake in Euro Disney SCA, the total exposure value for them is approximately 9.6 million Euro (or dollars).
In the past the Walt Disney Group has been in situations in which foreign currency fluctuations have negatively impacted the corporation, thus the company employs a very conservative strategy with regard to currency and transaction exposure.
faculty.msb.edu.cob-web.org:8888 /bodurthj/teaching/prjct00/goldstein_etal/risk_limit.html   (140 words)

  
 => Nachrichten | EURO DISNEY SCA: KARL HOLZ TO ASSUME TOP DUTIES AT EURO DISNEY <=
KARL HOLZ TO ASSUME TOP DUTIES AT EURO DISNEY (Nachrichten) (Marne-la-Vallee, May 19, 2005) - Euro Disney S.C.A. announced today that Karl Holz, president and chief operating officer of Euro Disney S.A.S, will assume the responsibilities previously held by Andre Lacroix, who is leaving the company to pursue other opportunities.
'With the financial restructuring of Euro Disney now complete, Karl's wide-ranging operations experience and commitment to Disney's excellent Guest service will be a great asset to our team as they pursue the long term growth strategy for the Disneyland Paris Resort.' During his nine-year career with Disney, Holz has held a number of leadership positions.
Before joining Disney, Holz was vice president of theme park operations at Knott's Berry Farm in Southern California and was previously president and CEO of Concessions Air, Inc.
www.finanznachrichten.de /nachrichten-2005-05/artikel-4826088.asp   (400 words)

  
 Euro Disney SCA (EDLP.PA) Stock Quote | Stocks | Reuters.com
Euro Disney says received no takeover approach - 7:36 AM ET, 29 November 2006
Euro Disney S.C.A. is a France-based company that, along with its subsidiaries, is primarily engaged in the operation of Disneyland Park and Walt Disney Studios Park in Paris.
No Analyst Research is available for Euro Disney SCA
stocks.us.reuters.com /stocks/overview.asp?symbol=EDLP.PA   (237 words)

  
 Derivatives Risk Management Project (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-10-09)
Walt Disney Group currently has a 39 percent ownership stake in its subsidiary, Euro Disney SCA.
As is customary for all subsidiaries, Euro Disney must remit a percentage of its profits to the Walt Disney Group.
On December 3, 1999 Euro Disney SCA declared earnings of 23.63 million Euro, or 2.6 percent of sales, for fiscal year ending September 1999.
faculty.msb.edu.cob-web.org:8888 /bodurthj/teaching/prjct00/goldstein_etal/problem.html   (91 words)

  
 Euro Disney Posts Full Year Net Loss - International Business Times -
PARIS (AP) - Resort and leisure company Euro Disney SCA posted a net loss Wednesday for the full year 2005-2006 of euro88.6 million (US$113.4 million), widening from a loss a year earlier of euro53.1 million.
The improvement was attributed mainly to increased attendance and average spending per guest on admission.
Hotels and Disney Village revenues increased 4.2 percent to euro412.2 million (US$527.6 million) from euro395.4 million a year ago, thanks to higher hotel occupancy.
www.ibtimes.com /articles/20061108/france-euro-disney.htm   (414 words)

  
 EURO DISNEY S.C.A. (via CobWeb/3.1 planet03.csc.ncsu.edu)   (Site not responding. Last check: 2007-10-09)
Depuis les Parcs Disney® jusqu'à Disney® Village en passant par les Hôtels, l'esprit de Walt Disney continue de vivre au cœur de l'Europe.
Les Parcs Disney vont connaître des développements majeurs avec l'ouverture d'un nouveau land et de nouvelles attractions.
Président d'Euro Disney S.A.S. Euro Disney parvient à un accord sur l'aménagement de son accord 35 heures
www.eurodisney.com.cob-web.org:8888   (159 words)

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