The association of small Euro Disney shareholders APPAED had a meeting with Chief Financial Officer Mark Stead on 15 November 2016 to ask questions regarding this years financial results for Disneyland Paris.
The situation of the group is giving APPAED great cause for concern.
The recent depreciation of the Groups assets affects Euro Disney Associés, the operational company of the Parks as well as EDL Hotels.
It is reported that the total equity of Euro Disney Associés is presently inferior to its share capital.
The Group has to find a solution to recapitalize within the next two years, some technical possibilities would be:
- Complete or partial debt waiver
- Reconstitution of equity capital
A full report of the meeting will appear on the APPAED website soon.