Mouse and Duckburg know no crisis. The world giant of cartoons, Walt Disney, closed the first fiscal quarter with profits up 12%. However, the most profitable businesses are not animated films for cinemas, but theme parks and television production.
As of last December 31, the Californian company registered quarterly earnings of $1,46 billion (80 cents per share), compared to $1,3 billion (68 cents a share) a year earlier. The data recorded goes beyond the expectations of Wall Street analysts, who had predicted a value of 72 cents per share.
Revenues reached 10,8 billion. Media Networks division revenues increased 2,9%, while profit increased 12%. As regards the resort and amusement parks division, revenues recorded a +10%, with an 18% growth in profit, mainly thanks to the increase in ticket prices at Disneyland (in California) and Walt Disney World ( in Florida), where visitor spending on food and drink has also increased.
