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November 10, 2006
Euro Disney FY Underlying Net Loss Narrows
Heavily-indebted theme park operator Euro Disney , the operator of Disneyland Paris, said on Wednesday its full year loss narrowed on an underlying basis and was confident it could keep afloat in 2007. The company's reported net loss widened to 73.1 million euros ($93.28 million) from 43.7 million euros in fiscal 2005, when a debt restructuring produced an extraordinary gain. On a comparable basis, 2005's net loss was 92 million euros, it said.
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