EANS-Adhoc: Jungfraubahn Holding AG
Jungfrau Railway Group achieves record
result
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
20.04.2011
In 2010, the Jungfrau Railway Group was able to improve its group result by 2.3 per cent, achieving a record profit of 22.6 million francs. With a total of 138.6 million francs, the group recorded the highest revenue in its history. The result will be commented on at today´s financial statement media conference in Bern.
The Jungfrau Ski Region, in which the Jungfrau Railway Group has a 60% share of revenue, recorded an income of 42.1 francs from the beginning of the season up to 17 April 2011. This is 4 per cent below the income for the same period for the 2009/2010 winter season. As the Jungfrau Railway Group announced in February 2011, Christoph Egger, Head of Winter Sport and member of the Management Board, will leave the Jungfrau Railway Group at the end of the 2010/2011 winter season. Marco Luggen has been chosen as his successor. The 35-year-old from Grindelwald has worked for the Jungfrau Railway Group since 2006 and until now has been the manager of the Lütschental power station. Marco Luggen has been elected into the extended management. The number of members of management will be reduced from five to four.
The Annual General Meeting of the Jungfrau Railway Group will be held in Interlaken on 16 May 2011. The executive board will propose the distribution of an unchanged dividend of 1.60 francs.
Group result 2010 2009 Change
TCHF TCHF in per cent
Operating revenue 138,614 134,284 3.2
Traffic income 104,205 102,172 2.0
EBIT 28,980 28,135 3.0
Annual profit 22,648 22,138 2.3
Free cash flow 25,709 25,111 2.4
Number of staff (full time) 485 498 -2.6
2010 2009 Change
CHF CHF in per centDividend 1.60 1.60 0
The group profit & loss account, group balance and business report for 2010 are published under the link www.jungfrau.ch/reports.
end of announcement euro adhoc --------------------------------------------------------------------------------
Contact:
Urs Kessler, CEO, chairman of the Management Board, +4179 407 90 52
Branche: Railway
ISIN: CH0017875789
WKN: 001787578
Index: SPI
Börsen: BX Berne eXchange / regulated dealing
SIX Swiss Exchange / Domestic Standard