DGAP-Adhoc: Jungfraubahnen Holding AG: Jungfrau Railway Group achieved half-year profit of 11.1 million francs
Jungfraubahnen Holding AG / Key word(s): Half Year Results
10.09.2013 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR
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The Jungfrau Railway Group can look back on a good business performance in
the first semester of 2013. It achieved revenue of CHF 77.4 million, an
increase of CHF 2.3 million, or 3.1 per cent, on the previous year. The
increase was largely due to increased traffic income, which rose by CHF 2.6
million compared to the same period in 2012.
Excursion traffic to the Jungfraujoch - Top of Europe continued to profit
from activities carried out during the 2012 centenary year. Despite fewer
special offers, 334 200 visitors travelled to the Jungfraujoch in the first
half of 2013, only 5200 visitors fewer than in the centenary year and a
higher average yield per visitor was achieved at the same time. The
decisive factor for the sustained, pleasing visitor numbers was primarily
the flourishing Asian business. The company's intensive cultivation of the
Asian market has been well worthwhile and strengthened the Jungfraujoch -
Top of Europe brand.
In contrast to the excursion traffic to the Jungfraujoch, the winter-sport
business was mediocre. The economic situation led to fewer guests
travelling from European countries to Switzerland and the Jungfrau Ski
Region. Added to this, the Swiss increasingly took their holidays abroad.
Thanks to continued good snow conditions, the JUNGFRAU Ski Region, from
which the Jungfrau Railway Group receives a 63% revenue share, was able to
register 916 100 skier visits from 1 January 2013 to the end of the winter
season, thus achieving a growth of 1.6 per cent. This resulted in revenue
of CHF 18.4 million for the Jungfrau Railway Group - equivalent to an
increase of 2.1 per cent. However, the result lies considerably below the
best winter-sport years.
In the first semester of 2013, the Jungfrau Railway Group achieved a profit
of CHF 11.1 million, thus showing a half-year result of 4.3 per cent above
that of the previous year. The company recorded an operative result (EBIT)
of CHF 14.9 million and achieved an EBIT margin of 19.3 per cent.
Visitor frequencies 2013 2012 Change
1.1.-30.6.
Jungfraujoch (arr.) 334,200 339,400 -1.5%
Skier visits JUNGFRAU Ski Region 916,100 901,400 1.6%
Traffic revenue (TCHF)
Jungfraujoch-Top of Europe 37,784 35,320 7.0%
Experience mountains 3,102 2,752 12.7%
Winter sport 18,434 18,048 2.1%
Freight traffic 835 812 2.8%
Total Traffic income gross 60,155 56,932 5.7%
Reduction in revenue -2,569 -1,901 35.1%
Total 57,586 55,031 4.6%
Prospects
The Jungfrau Railway Group has made a good start to the second semester of
2013. A total of 281 901 persons travelled to the Jungfraujoch in July and
August 2013, an increase of 6.6% compared to last year.
For information:
Urs Kessler, CEO
+41 (0)79 407 90 52
10.09.2013 News transmitted by EQS Schweiz AG.
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Language: English
Company: Jungfraubahnen 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: Freiverkehr in Stuttgart; SIX
End of Announcement EQS Group News-Service
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