euro adhoc: Jungfraubahn Holding AG
Financial Figures/Balance Sheet /
Successful 2008 for Jungfrau Railways
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Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information/frequency
06.01.2009
2008 has been a successful year for the Jungfraubahn Holding AG in terms of guest frequency. Last year, 628,000 visitors travelled to the Jungfraujoch - Top of Europe. This is the second best result ever and it is 8% above the five-year average. Among the experience mountains, the Mürren Rail & Cableway and the Harder Railway achieved record frequencies. Guest admissions recorded by JUNGFRAU Winter in 2008 were the best ever and 8,9% above the five-year average.
Arrivals on the Jungfraujoch, the Jungfrau Railway´s most important excursion offer, were well above the five-year average but were 10.6% below last year´s historic record figure. There are two main reasons for this fall compared to last year: the 2007 promotion by the Bern Building Insurance Company (GVB) with its attractively priced fare and the Korean market, which has been particularly hard hit by the financial crisis. However, there are already positive indications that it has been possible to increase the average yield per Joch visitor considerably in 2008.
In terms of frequency, the experience mountains, First (First Aerial Cableway) and Kleine Scheidegg (Wengernalp Railway), reported good results. Positive results were also recorded by the Lauterbrunnen-Mürren Rail & Cableway BLM and the Harder Railway in its centenary year.
This links give you a review of the frequencies of the five affiliated companies:
www.jungfraubahn.ch/media
and from 8 am:
http://www.presseportal.ch/de/pm/100002850/jungfraubahn_holding_ag
In its centenary and record year, the Harder Railway recorded almost double the number of guests in comparison to 2007. This can be partly explained by the fact that in August/September 2007, a landslide forced the railway to suspend operations for six weeks. However, a comparison of 2008 with the five-year average still shows a 72.5% increase.
Winter sport
At the end of November, the JUNGFRAU Winter Region started the 2008/2009 winter season with plenty of snow and good weather. The second phase of the Kleine Scheidegg technical snow facilities were able to be put into operation in good time. In addition, five kilometres of piste alongside the Wixi and Fallboden chairlifts and two kilometres of piste on the valley run to Brandegg now have snow-making machines, meaning that 50% of the piste-area in the region can now be provided with technical snow. Jungfrau Railways now offers snow-sport guests an even greater guarantee of snow.
In November and December 2008, the ski region as a whole recorded 4% fewer guests in comparison to the previous year. In 2008, a total of 1.2 million snowsport fans visited the JUNGFRAU Winter Region. Over the Christmas/New Year period (22.12.2008-4.1.2009) 217,700 guests (7% more in comparison to 2007) enjoyed the Grindelwald-First, Kleine Scheidegg-Männlichen and Mürren-Schilthorn pistes. Here an excellent mix of Jungfrau Region visitors and a healthy proportion of 1-day guests played a role, but the leading role was played by our loyal regular guests from local markets as well as international winter-sport guests.
Balance sheet media conference on 18 March 2009 More detailed information on the 2008 business year will be provided at the balance sheet media conference of Jungfraubahn Holding AG, on 18 March 2009 in Zurich. The AGM will be held on 25 May 2009 in Interlaken.
end of announcement euro adhoc
Further inquiry note: Urs Kessler, CEO Jungfrau Railways: 033 828 71 11
Contact:
Kathrin Naegeli, Information & Media, Jungfrau Railways, Tel: 033 828 72 30
mobile: 079 222 53 10, e-mail: kathrin.naegeli@jungfrau.ch
Branche: Railway
ISIN: CH0017875789
WKN: 001787578
Index: SPI
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