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23.04.2014 – 07:03

Jungfraubahn Holding AG

DGAP-Adhoc: Jungfraubahn Holding AG: Jungfrau Railway Group achieves best result

Jungfraubahn Holding AG  / Key word(s): Final Results

23.04.2014 07:00

Release of an ad hoc announcement pursuant to Art. 53 KR

Jungfrau Railway Group achieves best result

In 2013, the Jungfrau Railway Group was able to increase its result by 16%
and achieved a record profit of 30.2 million francs. The result will be
commented on at today's financial statement media conference in Bern.

With an operating revenue of 164 million francs, the Jungfrau Railway Group
recorded the highest revenue in its history. The growth was reached
primarily in business with Asian guests. In 2013, 823,000 people travelled
to the Jungfraujoch - Top of Europe. Overall, the number of visitors was
only 1.2% below the figure for the centenary year and is thus the second
best result since the Jungfrau Railway opened in 1912. A higher average
yield per visitor was also achieved. The business segment Jungfraujoch -
Top of Europe recorded a traffic income result of CHF 92.7 million, an
increase of 6.2%. The Jungfrau Railways strategy of globally strengthening
the Jungfraujoch - Top of Europe brand has clearly paid off.

In the winter sport business segment, the Jungfrau Railway Group achieved a
revenue of 24.3 million francs, equating to a growth of 4.2%. Continued
good snow conditions from the beginning of the year to the end of the
season in spring 2013 and an early start to the 2013/14 winter season, had
a positive effect on the winter sport business. However, the result lies
considerably below the good winter sport years of 2007 to 2009.

The Jungfrau Railway Group recorded consistently good visitor numbers in
the experience mountains business segment, which comprises excursion
traffic to the Harder Kulm, First and Winteregg-Mürren. In total it
achieved CHF 9.3 million in 2013, a plus of 9.5%.

Over the last 10 years the Jungfrau Railway Group has achieved a free cash
flow of CHF 207.6 million francs. It has thus exceeded by 60% its financial
goal of achieving 130 million francs between 2004 and 2013, and will pay
out a sustainability premium of CHF 3.7 million francs to the staff,
management and executive board.

Group result                   2013              2012                Change
                               TCHF              TCHF           in per cent
Operating revenue           164,047           157,949                   3.9
Traffic income              121,547           115,125                   5.6
EBIT                         38,376            34,081                  12.6
Annual profit                30,165            25,998                  16.0
Free cash flow               35,578            19,357                  83.8
Number of staff                 510               513                  -0.6
(full time)

                               2013              2012                Change
                               CHF               CHF            in per cent
Dividend                       1.80              1.80                   0.0

The executive board has decided to maintain the financial goals for the
company and has also set a free cash flow target for the coming period of
2014 - 2023. This will be slightly increased to CHF 150 million despite the
considerable pending investment in association with the V-Cableway project.
The Annual General Meeting of the Jungfrau Railway Group will be held in
Interlaken on 19 May 2014. The Executive Board are recommending an
unchanged dividend of 1.80 francs.

The group profit & loss account, group balance and business report for
2013, as well as proposals to the AGM, are published at

For questions: Urs Kessler, CEO, Chairman of the Management Board, +41
(0)79 407 90 52

23.04.2014 News transmitted by EQS Schweiz AG.
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Language:               English
Company:                Jungfraubahn Holding AG
                        Harderstrasse 14
                        3800 Interlaken
Phone:                  +41 33 828 71 11
Fax:                    +41 33 828 72 64
ISIN:                   CH0017875789
Valor:                  A0CACJ
Listed:                 Freiverkehr in Stuttgart; SIX

End of Announcement                             EQS Group News-Service