Euro Disney S.C.A. Reports 2013 Annual Results

Euro Disney S.C.A. Reports 2013 AnnualEuro Disney S.C.A. Reports 2013 Annual Results PR Newswire PARIS, November 7, 2013 • Despite the continued economic slowdown in France and Southern Europe, revenues only declined by 1% to €1.3 billion, as guest spending increases, growth from the United Kingdom and higher real estate activity partially offset declines in attendance and hotel occupancy • Costs and expenses increased 1% in line with inflation, consistent with the Group's continued focus to limit cost growth • Net loss was reduced by €22 million to €78 million, reflecting the positive impact of the 2012 debt refinancing • Higher guest spending reflects the Group's continued investments in the quality of the parks and hotels • Launch of the rehabilitation of Disney's Newport Bay Club hotel and debut of a Ratatouille-themed attraction at the Walt Disney ®Studios Park in 2014 Euro Disney S.C.A. (the "Company"), parent company of Euro Disney ®Associés S.C.A. ("EDA"), operator of Disneyland Paris, reported today the results for its consolidated group (the "Group") for the fiscal year 2013 [1]which ended September 30, 2013 (the "Fiscal Year") . Key Financial Highlights Fiscal Year (EUR in millions, unaudited) 2013 2012 2011 Revenues 1,309.4 1,324.3 1,294.2 Costs and Expenses (1,336.9) (1,320.9) (1,282.