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Walt Disney net profit rises 21% in three months to 31 March.
- Details
- Category: Latest News
- Published on Wednesday, 09 May 2012 12:32
- Written by Kari Reinikainen
The Walt Disney Company, the US based entertainment group whose Disney Cruise Line has four vessels, reported net profit of $1.14 billion for three months to 31 March, an increase from $942 million in the same period last year. Revenues rose 6% to $9.63 billion.
“With 18% adjusted growth in earnings per share, we’re pleased with our second quarter performance,” said Robert A. Iger, Disney Chairman and CEO.
“We’re incredibly optimistic about our future, given the strength of our core brands, Disney, Pixar, Marvel, ESPN, and ABC, and our extraordinary ability to grow franchises across our businesses, such as The Avengers, which shattered domestic box office records with a $207.1 million opening weekend for a global performance of more than $702 million to date.”
The company did not disclose figures related to the performance of Disney Cruise Line.
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