Tuesday, May 5, 2015

Disney Frozen milks further – Iex.nl


         Published on May 5, 2015 at 15:00
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         Views: 2194
         
     

BURBANK (Reuters) – Walt Disney has its sales and profits continue to grow last quarter. The entertainment group benefited include the continued strong demand for things that have to do with animatiefilmhit Frozen.

Disney reported Tuesday sales of $ 12.5 billion (11.2 billion euros) for the second quarter of its broken financial year. That was 7 percent more than a year earlier. Net income rose 10 percent to $ 2.1 billion, while operating profit increased by 4 percent to 3.5 billion dollars.

The result grew strongest in the merchandise related to movies, where the operational profit almost a third higher than a year earlier. This growth was due mainly to the popularity of Frozen and, to a lesser extent, The Avengers.

Theme Parks

The film division turned less than a year earlier. This was mainly because a film like Big Hero 6 fewer visitors to the cinemas attracted Frozen than last year. DVD sales also fell, for lack of follow-up to the 2014 hit.

The Disney theme parks have yielded more, mainly due to price increases. It also benefits from the investments made during the economic crisis. As a result, Disney now able to benefit from the recovery of the world’s largest economy.

The company has in recent months also popular with investors. The share of Disney this year soared to record highs

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