Snow expected to hit Euro Disney first quarter revenues, announcement tomorrow

Monday, 7th February 2011 at 19:43

Seeing Disneyland Paris under a white blanket of snow might have been awfully pretty, but analysts are expecting the tumultuous weather conditions experienced in this corner of Europe over the past three months to have a negative effect on revenues for Euro Disney SCA, the resort’s operating company, which announces its First Quarter results tomorrow. The heavy snow and icy conditions across northern France will have likely deterred some short-notice visitors from making the trip, whilst others may have had to cancel longer-planned reservations, during one of the key seasons for Disneyland Paris.

Despite this, revenues are still apparently expected to improve from the disappointing results for the First Quarter of the 2010 financial year, which saw revenues for the three months drop by 10.5%. It became the first set of negative results in a bad year, with revenues dropping overall by 7%. Tomorrow’s results will cover the period from 1st October to 31st December 2010.

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