By Marcus Leach
An increase in visitor spending at theme parks has helped to boost Walt Disney quarterly profits.
Net income for the three months to the end of September came in at $1.09bn (£684m), up 30% from the same period last year.
“Fiscal 2011 was a great year financially and strategically, demonstrating the strength of our brands and businesses with record revenue, net income and earnings per share,” said Disney President and CEO Robert A. Iger.
“We are confident the Company is well-positioned to deliver long-term value for our shareholders with our focus on quality content, compelling uses of technology and global asset growth.”
Income from theme parks rose 33%, while income from its media networks, which include ABC and ESPN, grew 20%. For the full year, net income rose 21% from a year earlier to $4.8 billion.
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