Börse Express – Disney with a slump in profits

High costs for the expansion of the
Streaming businesses have the US entertainment giant Walt Disney
rocketed a slump in profits. In the three months
by the end of December, the net result from continuing operations fell
Business compared to the previous year by 23 percent to 2.1
Billion dollars (1.9 billion euros), as the group said on Tuesday
US market close announced.

Nevertheless, the share increased significantly after the exchange. Because the
Investments pay off: The one that started on November 12th
Streaming service Disney + had 26.5 at the end of the year
Millions of subscribers won – significantly more than expected. Also
in terms of sales, the Wall Street forecasts were exceeded, there were
there was an increase of around a third to 20.9 billion
Dollar./hbr/DP/fba

 ISIN  US2546871060

AXC0276 2020-02-04 / 22: 46

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