EQS-Adhoc: Jungfraubahn Holding AG: 2015 business year - traffic revenue increased
EQS Group-Ad-hoc: Jungfraubahn Holding AG / Key word(s): Development of Sales
Jungfraubahn Holding AG: 2015 business year - traffic revenue increased
01.03.2016 / 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.
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Media releaseJungfraubahn Holding AGTuesday, 1 March 2016
2015 business year - traffic revenue increased
The Jungfrau Railway recorded a traffic income of 134 million francs and thus
was able to increase this by 10.3% in comparison to the previous year.
Jungfraujoch - Top of Europe
In 2015, for the first time, over 1 million visitors travelled to Europe's
highest-altitude railway station. The millionth guest arrived on the
Jungfraujoch on 30 December 2015. Excursion traffic to the Jungfraujoch - Top of
Europe continued to benefit from the rising demand from Asia during the year
under review. In 2015, 1,007,000 persons visited the Jungfraujoch; the best
result in its history. With a traffic income of CHF 107.6 million, the 100
million franc mark was exceeded for the first time, an increase of 14.1 percent.
The Jungfrau Railways strategy of intensively cultivating the Asian market and
further strengthening the Jungfraujoch - Top of Europe brand has clearly paid
off.
Winter sport
The result for the Jungfrau Ski Region from the beginning of 2015 to the end of
the season in spring 2015 fell below average. Despite good snow conditions, a
drop in numbers was recorded for day-visitors as well as holiday guests. Because
of constant warm temperatures and little snow, the Jungfrau Ski Region had a
difficult start to the 2015/2016 winter season, similar to the previous year.
Nevertheless, thanks to powerful snowmaking equipment, from the beginning of
December it was possible for Jungfrau Railways to open many of its facilities in
certain parts of the Kleine Scheidegg and First areas and offer good skiing
conditions. The Jungfrau Ski Region is a cooperative product in which the
Jungfrau Railway Group holds more than a 60% share. In 2015, with 971,000 skier
visits, fewer than one million skier visits were recorded for the second time in
a row. Traffic revenue fell by CHF 0.6 million to CHF 21.6 million in the winter
sports segment, a minus of 2.5 per cent.
Experience mountains
In the experience mountains business segment, which comprises excursion traffic
to the Harder Kulm, First and Winteregg-Mürren, the Jungfrau Railway Group
recorded overall good results. The Harder Railway increased its traffic income
from 1 January to 31 December 2015 by 24 per cent. The First Aerial Cableway
recorded an increase of 7.7 per cent. The Lauterbrunnen-Mürren Rail and Cableway
achieved a growth in traffic income of 8.9 per cent. Overall, the experience
mountains segment achieved traffic revenue of 11.2 million. The increase of 12.1
per cent on the previous year represents a record.
Prospects for 2016
Despite the difficult situation caused by a number of group cancellations after
the attacks in Paris and the introduction of biometric visas for visitors from
China, only 2,947 fewer guests to the Top of Europe were recorded up to 15
February 2016. This represents a reduction of 6.3 per cent. As expected, the
2015/2016 winter sports business season is feeling the effect of the low euro
rate.
The diversification and the continuing intensive cultivation of the Asian
markets fill Jungfrau Railways with confidence with regard to summer business.
From mid-May 2016, individual seat reservations will be introduced on the Kleine
Scheidegg-Jungfraujoch section, thus increasing quality for Jungfraujoch guests.
At the same time, the evening timetable will be extended.
To combat the downward trend in winter sports and the difficult exchange rate
situation, Jungfrau Railways are focusing on a continued increase in quality.
The planned V-Cableway project will considerably reduce travel times and created
facilities in line with international standards. The aim is to put the cableways
into operation in 2018/2019.
The complete letter to shareholders with details of the 2016 Annual General
Meeting (AGM) of Jungfraubahn Holding AG can be found at the following
link:http://www.jungfrau.ch/nc/en/company/investment/reports/jbh-reports/2016/
For questions:
Patrizia Bickel, Head of Corporate Communications,
+41 (0)79 222 53 10
End of ad hoc announcement
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01.03.2016 News transmitted by EQS Schweiz AG. www.eqs.com - news archive:
http://switzerland.eqs.com/de/News
The issuer is responsible for the contents of the release.
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Language: English
Company: Jungfraubahn Holding AG
Harderstrasse 14
3800 Interlaken
Switzerland
Phone: +41 33 828 71 11
Fax: +41 33 828 72 64
E-mail: info@jungfrau.ch
Internet: www.jungfrau.ch
ISIN: CH0017875789
Valor: A0CACJ
Listed: Regulated Unofficial Market in Stuttgart; SIX
End of News EQS Group News Service
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441311 01.03.2016
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