The Walt Disney Company has released its annual financial report and shareholder letter. The letter highlights the strong performances from within the Walt Disney Company. A moment is taken also to mention the profound loss felt by the company with the passing of Steve Jobs who was a “board member, a shareholder, a mentor, and a friend” according to Walt Disney Company CEO Bob Iger.
He continues on to build a case for the strength of the Walt Disney Company. This includes projects that are completed, near completion, and coming in the future from the Walt Disney Parks and Resorts. He also promotes movies from past, present, and future. This is coupled with a progress report on how the acquisitions of Pixar and Marvel have benefited the company.
To summarize it all, Bob Iger is reporting that the Walt Disney Company is in a strong position to move forward and build upon its 90 year legacy of excellence first started by Walt Disney himself.
Following the letter, the annual report is included.
Both the report and letter can be read here: