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Berner Oberland Bahnen AG

EANS-Adhoc: Berner Oberland Bahnen AG
Berner Oberland-Bahnen AG achieves better result for first half-year

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
6-month report
08.09.2010
The Berner Oberland-Bahnen AG was able to better its results for the 
first half of 2010 in comparison to last year. The first six months 
resulted in a loss of CHF 1.0 million against a loss of CHF 1.9 
million in the same period last year. If no dramatic events occur, 
the Berner Oberland-Bahnen AG can assume that it will also be able to
achieve a profit as in 2009. Experience shows that the company 
achieves a better result in the second half of the year than in the 
first. Both the Bernese Oberland Railway (BOB) and the Schynige 
Platte Railway (SPB), which is owned by the same company, carried 
fewer passengers than in the previous year. After a highly promising 
start with excellent winter-sport business, BOB frequencies fell from
the month of March. In comparison to the previous year, when the BOB 
was able to profit from numerous Jungfrau Railways special offers, in
the second semester the railway carried 19% fewer guests - although 
with a higher average revenue. Unfavourable weather conditions also 
contributed to the drop in frequencies. Similarly, the start of the 
season for the Schynige Platte Railway also literally went down the 
drain. Considering the circumstances, the drop in traffic income is 
moderate at -2%. The company received CHF 0.3 million less in 
compensation for its public transport services. Overall, operating 
revenue dropped by CHF 0.5 million to CHF 13.4 million. Personnel, 
maintenance and renewal costs are noticeably below those of the 
previous year, so that overall operating expenditure is CHF 1.5 
million less than last year´s figure.
end of announcement                               euro adhoc

Further inquiry note:

Urs Kessler, CEO
+4179 407 90 52

Simon Bickel, Head of Media and Information
+4179 222 53 10

Branche: Railway
ISIN: CH0003455034
WKN: 345403s
Index: BIRW
Börsen: BX Berne eXchange / SWX Local Caps

Weitere Storys: Berner Oberland Bahnen AG
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  • 12.04.2010 – 07:02

    EANS-Adhoc: Berner Oberland Bahnen AG / CHF 1.2 million profit for Berner Oberland-Bahnen AG

    ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. annual report 12.04.2010 The Berner Oberland-Bahnen AG can look back on a successful 2009 business year: with an annual profit of CHF 1.2 million, the company has achieved the third best result in ...