Jungfraubahn Holding AG
News Detail
EQS-Ad-hoc News vom 09.09.2014
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Jungfraubahn Holding AG: Jungfrau Railway Group achieves half-year profit of 11.7 million francs. Jungfraubahn Holding AG / Key word(s): Half Year Results 09.09.2014 07:00 Release of an ad hoc announcement pursuant to Art. 53 KR Jungfraubahn Holding AG Media Release Tuesday, 9 September 2014 Jungfrau Railway Group achieves half-year profit of 11.7 million francs. The Jungfrau Railway Group can look back on a good course of business in the first semester of 2014. It achieved operating revenue of CHF 79.5 million, an increase of CHF 2.1 million, or 2.7%, compared to the previous year. The increase in revenue was largely due to increased traffic income, which rose by CHF 1.4 million over the same period in 2013. Excursion traffic to the Jungfraujoch - Top of Europe continues to benefit from the rising demand from Asia. Some 354,900 visitors travelled to the Jungfraujoch in the first half of 2014, 20,700 more than last year. The fact that the company has continued to intensively cultivate the Asian market and strengthen the Jungfraujoch - Top of Europe brand has clearly borne fruit. After a good start to the 2013/2014 winter season, the result for the period under review from January to the end of the 2014 season dropped below average. The continuing decline in the number of holiday guests meant that despite good snow conditions, fewer winter-sport guests travelled to the Jungfrau Region. From 1 January 2014 to the end of the winter season, the JUNGFRAU Ski Region, of which the Jungfrau Railway Group has a 60% revenue share, recorded 868,100 skier visits and thus a reduction of 5.2%. The resultant revenue from the winter-sport business for the Jungfrau Railway Group was CHF 17.7 million, a reduction of 4.0%. This result lies considerably below the good winter-sport years. In the first semester of 2014, the Jungfrau Railway Group achieved a profit of CHF 11.7 million, a half-year result of 5.6% above that of the previous year. The company recorded an operative result (EBIT) of CHF 14.9 million and achieved an EBIT margin of 18.7%. Visitor frequencies 2014 2013 Change 1.1.-30.6. Jungfraujoch (arr.) 354,900 334,200 6.2% Skier visits JUNGFRAU Ski Region 868,100 916,100 -5.2% Traffic revenue (TCHF) Jungfraujoch-Top of Europe 39,799 37,784 5.3% Experience mountains 3,539 3,102 14.1% Winter sport 17,699 18,434 -4.0% Freight traffic 843 835 1.0% Total gross traffic income 61,880 60,155 2.9% Reduction in revenue -2,877 -2,569 12.0% Total 59,003 57,586 2.5% Prospects The Jungfrau Railway Group started the second semester with a new attraction. On July 16, 2014, the Lindt Swiss Chocolate Heaven was opened on the Jungfraujoch, accompanied by a Show tennis match with Roger Federer. Despite the poor weather, 264,000 visitors travelled to the Jungfraujoch in July and August, equal to the number of visitors for the same period in the 2012 centenary year. For questions: Patrizia Pulfer, Head of Corporate Communications +41 (0)79 222 53 10 09.09.2014 News transmitted by EQS Schweiz AG. The issuer is responsible for the contents of the release. EQS publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news 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: Freiverkehr in Stuttgart; SIX End of Announcement EQS Group News-Service |
