The Jungfrau Railway Group has once again increased its result in comparison to the previ-ous year, achieving a record profit of 30.4 million francs in 2014. The result will be comment-ed on at today's financial statement media conference in Bern.

With an operating revenue of 165 million francs, the Jungfrau Railway Group recorded the highest revenue in its history, achieving an increase of 0.8% on the previous year's record figure. The growth was reached mainly in business with Asian guests. In 2014, for the first time, over 850,000 guests travelled to Europe's highest-altitude railway station: a total of 866,000 people visited the Jung-fraujoch. This represents an increase of 5.2 percent over the previous year and the best result since the opening of the Jungfrau Railway in 1912. In the Jungfraujoch - Top of Europe business segment, the traffic revenue result of CHF 94.3 million showed a plus of 1.8%. The Jungfrau Railways' further global strengthening of the Jungfraujoch - Top of Europe brand has clearly paid off.

The Jungfrau Railway Group recorded consistently good visitor numbers in the experience moun-tains business segment, which comprises excursion traffic to the Harder Kulm, First and Winteregg-Mürren. In 2014, total traffic revenue increased by 7.5% to CHF 10 million, another record.

The positive development of the Jungfraujoch - Top of Europe and experience mountains business segments made it possible to offset the decline in results in the winter sport segment. Winter sport was below average with revenue of 22.1 million francs, a drop of 9% in comparison to last year. This was in particular down to the fall in the number of holiday guests from the beginning of the year to the end of the season in spring 2014. The 2014/15 winter season also faced a difficult start with less than favourable weather conditions.

The Jungfrau Railway Group invested 57 million francs during the year under review. A major portion was used for the procurement of new rolling stock in relation to the V-Cableway project. CHF 50 mil-lion was spent on the V-Cableway project up to the end of 2014. This is about one-fifth of the total that the Jungfrau Railway Group is investing in the project.

Group result

2014

TCHF

2013

TCHF

Change

in per cent

Operating revenue

165,311

164,047

0.8

Traffic income

121,497

121,547

0.0

EBIT

38,634

38,376

0.7

Annual profit

30,352

30,165

0.6

Free cash flow

-235

35,578

-100.7

Number of staff
(full time)

519

510

1.8

2014

CHF

2013

CHF

Change

in per cent

Dividend

1.80

1.80

0.0

The group profit & loss account, group balance and business report for 2014, as well as proposals to the AGM, are published under the link www.jungfrau.ch/reports.

Prospects
The start of 2015 has proved successful for the Jungfraujoch. An increase in frequency of almost 25,000 visitors was recorded up to 19 April 2015. This equates to a plus of 18% compared to last year. In contrast, and despite excellent snow and piste conditions, the winter sports segment remai-ned in decline from the beginning of the season in December 2014 to the end in April 2015. At 975,000 guests, skier visits were 7% down on the 2013/2014 winter-sport season.

The Annual General Meeting of the Jungfrau Railway Group will be held in Interlaken on 18 May 2015. The Executive Board recommend an unchanged dividend of 1.80 francs.

erstellt 22.04.2015
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