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The annual profits of the Walt Disney group are down 4%

The Walt Disney Group announced today that it had closed its 2017 fiscal year with net profits of 8.980 billion dollars, 4% less than in the previous fiscal year.

New York, Nov 9 (EFE) .- The Walt Disney Group announced today that it had closed its 2017 fiscal year with net profits of 8.980 billion dollars, 4% less than in the previous year. previous fiscal year.

The company noted that the annual net profit per share was 5.69 dollars, compared to the 5.73 dollars of the fiscal year of 2016, while the revenues fell by 1% to 55,137 million dollars.

Compared to the fourth quarter of fiscal year 2017, Disney indicated that its net profit was 1,747 million dollars, 1% less than in the same period last year.

The quarterly profit per share was $ 1.13, compared to $ 1.10 for the fourth quarter of fiscal year 2016, and Quarterly income fell by 3% to 12.779 million dollars.

In the last quarter of the fiscal year, the most followed today Wall Street, Disney had a net benefit adjusted at $ 1.07 per share, below the net profit per share of 1.15 analysts had calculated.

The data was released at the close of Wall Street. Subsequent electronic operations, the Disney shares, which make up the Dow Jones Industrial Group, lost 0.66%, after having risen by 1.48% at the close of the session.

By segments, that of the media, which generates the most profits, contributed to the results of the 2017 fiscal year a net profit of 6.902 million dollars, 11% less than in the previous year.

Wall Disney's parks generated annual profits of 3,774 million, 14% more than in fiscal year 2016, while Film studios contributed 2,355 million dollars annually, 13% less than in the previous period.

Reports released in recent days have pointed out that Disney has experimented with the 21 Century Fox the possibility of buying a large part of its business, something that has not been confirmed by the respective companies.

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