The Walt Disney Company a net benefit of 3,275 million dollars (2,889 million euros) between January and March, second fiscal quarter for the American giant of leisure and entertainment, which a year earlier had counted losses of 20 million dollars (18 million euros), said the company, which has reviewed its procurement of earnings, although it warns, although it warns, although it warns, although it warns uncertainty about the operational environment for the rest of the fiscal year.
In the second quarter of its fiscal year, Disney reached a business figure of 23,621 million dollars (20,837 million euros), 7% higher than the one accounted for a year earlier, while the costs and expenses increased by 4.7%, to 20,115 million dollars (17,744 million euros).
The Mickey Mouse Multinational Entertainment Division, which includes television channels, ‘streaming’ platforms and content and licenses, invoiced 9% more in the quarter, up to 10,682 million dollars (9,423 million euros), while the sports area generated revenues of 4,534 million dollars (4,000 million euros), 5% more, and the business of experiences, which includes parks, which includes parks, which includes parks Recreational, raised income, up to 8,889 million dollars (7,841 million euros).
Specifically, Disney said that his television business billed at the quarter 2,418 million (2,133 million euros), 13% less, while the streaming area, which includes Disney+ and Hulu, entered 6,118 million dollars (5,397 million euros), 8% more, and the licensing and content business, which includes the distribution of films, increased 54% its income, up to 54% 2,146 million dollars (1,893 million euros).
-In this way, in the first half of its fiscal year Disney obtained a net profit attributed of 5,829 million dollars (5,142 million euros), the triple that in the first six months of the previous fiscal year, while its income figure increased by 5.9%, to 48,311 million dollars (42,617 million euros).
“After an excellent first semester of the fiscal year, we have much more to wait, including our next cinemas program, the launch of the new ESPN DTC offer and an unprecedented number of expansion projects underway in our experience segment,” said Robert Iger, CEO of The Walt Disney Company, who highlighted the optimism about the management of the company and the perspectives for the rest of the fiscal year.
In this sense, Disney has reviewed its prognosis of benefit per adjusted action for the year and now anticipates an annual increase of 16%, up to 5.75 dollars, when previously expected an improvement below 10%.
However, the multinational has stressed that it continues to monitor macroeconomic evolution to detect possible impacts on its businesses given the existing uncertainty about the operational environment for the rest of the fiscal year.
