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Euro Disney first quarter sales inch 1% higher

Euro Disney reports increased visitor numbers
Euro Disney reports increased visitor numbers

Euro Disney, which operates a giant Disney resort near Paris in France, said its first-quarter sales rose 1.1% despite difficult conditions as it attracted more visitors.

"Increased visitor numbers and increased visitor spend are encouraging, especially in the current circumstances," Euro Disney president Philippe Gas said as he unveiled the company's first quarter in the three months to December.

Gas said the flow of its main customers - French, British and Spanish visitors - held up well while there were positive numbers from emerging markets such as China, Russia and Brazil.

Euro Disney's tourist operations, the bulk of its business, showed a gain of 4.3% to €318.6m, the company said, with property sales a minor €300,000, down from €9.7m in the last three months of 2010.

Gas said Disneyland Paris, Europe's biggest single tourist draw, was planning to play up its 20th anniversary this year so as to attract more business.