Euro Disney EGM to vote on 100-for-one share consolidation plan

By |2007-01-05T11:25:01+00:00January 5th, 2007|Categories: DAPs Magic News, Disney|0 Comments

At 11.04 am, Euro Disney shares were unchanged at 0.08 eur, giving the operator of the Disneyland Paris resort a market valuation of just 312 mln eur.

In its latest financial year, to September 2006, the company's net loss expanded to 73.1 mln eur from 43.7 mln, but sales grew 4.5 pct.

The bottom line remained in the red because of a rise in the interest rate charged on the group's 2.5 bln eur debts, it said.

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