Euro Disney’s Loss Widens on Costs

Euro Disney, Europe’s largest theme-park operator, had its biggest annual loss in a decade as the company incurred costs for refinancing talks and spent more on advertising and royalty payments to Walt Disney Co.

The net loss swelled to 145.2 million euros ($188 million) in the 12 months through September from 58.3 million euros a year earlier. Sales were little changed at 1.05 billion euros as park attendance held at 12.4 million.