Jungfraubahn Holding AG

DGAP-Adhoc: 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
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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.

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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:                 Freiverkehr in Stuttgart; SIX

End of Announcement                             EQS Group News-Service

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