Disney wins in their first semester $ 2.607 million, 16 percent more
The entertainment giant Walt Disney Company today announced that in the first half of fiscal 2012 (October to March) won 2,607,000 dollars, 16% more than the same period of 2011.
The company based in Burbank (California) explained that between October and March made a net profit of $ 1.43 per share, 27 cents more than the same period last year, when net profit of 2,244 million dollars.
Disney turnover in the whole of the first six months of the year a total of 20.408 million dollars, up 3% compared to 19.793 million who entered the first half of the previous year.
As for the quarterly results, which were set today more U.S. analysts, Disney earned 1,143 million dollars, the 21% increase over the 942 billion won profit in the second quarter last year.
The entertainment giant turnover in those three months of $ 9.629 million, 6% more than the 9.077 million dollars was admitted to the same quarter the previous fiscal year.
“We are delighted with our performance in the second quarter,” said President and CEO of entertainment giant, Robert Iger, to render accounts.
The head of Disney was “incredibly optimistic about the future of the firm,” under strength “of some of its key brands like Disney, Pixar, Marvel, ESPN or ABC.
He highlighted the success of some of its franchises, including “The Avengers”, which recorded the weekend of its release a record revenue of 207 million domestically and more than 702 million worldwide to date.
Group revenues in the area of television studies grew 6% over the first half last year to 9.471 million dollars, while its operating income increased 13% and remained at 2.922 million dollars.
Disney explained that, of those operating results, highlighted the revenues of cable television networks, which together totaled 6.476 million dollars, thanks to the success of the sports channel ESPN and Disney Channel.
The accounts came a day after ABC News announced by the Univision group launching a new cable television channel 24 hours and in English addressed to the U.S. Hispanic community.
In the film industry, Walt Disney earnings fell 14% and stood at 2,798 million dollars in the first half, while operating income decreased by 27% and stood at 329 million dollars.
As for the theme parks and resorts that the company owns, revenue rose 10% to 6.054 million dollars, while operating results were 26% higher and stood at 775 million dollars.
The results beat analysts’ forecasts and the titles of the firm, one of the thirty Dow components and had risen by 1.1% in the New York Stock Exchange, expanded promotion 1.58% in extended trading after closing.
Thus, the U.S. entertainment giant accumulated so far this year an increase of 18.13% while in the past year its stock market value has appreciated 2.88%.
Category: Investing
