Equity reports

Get to know your offshore companies: WALT DISNEY COMPANY (NYSE: DIS)

The Walt Disney Company released its results for the financial year (FY19) ending 30 September 2019, as well as its fourth-quarter results.

The group posted revenue of $69.57bn (FY18: $59.43bn) for the full year, which increased by 17.06% year on year. The company’s diluted earnings from continuing operations per share declined by 25% to $6.27 (FY18: $8.36) compared to the prior period as a direct result of integration costs associated with TFCF and Disney+.

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