EANS-Adhoc: Berner Oberland Bahnen AG
The Berner Oberland-Bahnen AG increased
its revenue
06.09.2011 – 07:03
-------------------------------------------------------------------------------- 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 06.09.2011 In the first semester of 2011, the Berner Oberland-Bahnen AG achieved a revenue of CHF 15.1 million, an increase of 12.6 per cent compared to the previous year. Both the Bernese Oberland Railway and the Schynige Platte Railway, which also belongs to the company, carried more passengers than in the first six months of the previous year. Growth was recorded specifically in the Asian group-travel business. Expenditure increased by 9.8 per cent in the first semester of 2011 in comparison to last year. The Berner Oberland-Bahnen AG spent more on maintenance work. The company received CHF 6.1 million in compensation for services in the public transport sector, although this was cut by 4.6 per cent in comparison to the previous year. The result was a half-year deficit of CHF 0.9 million. The company thus performed better than in the first semester of 2010, when the deficit was 17.3 per cent higher. Barring severe incidents, the Berner Oberland-Bahnen AG expects to present a balanced result at the end of 2011. An attractive mountain hotel was able to be opened on Schynige Platte on 28 May 2011, after a period of construction and renovation work. The company has invested CHF 7.8 million in the renovations and an extension. The result is a building with a spacious vantage terrace and a modern interior. Initial experience shows that the new mountain hotel has been well received by guests and is contributing towards establishing Schynige Platte as a popular excursion destination. The balance sheet and the income statement are published under www.jungfrau.ch/reports/bob Further inquiry note: Urs Kessler, CEO +41 79 407 90 52 end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Berner Oberland Bahnen AG Harderstrasse 14 CH-3800 Interlaken phone: +41 (0)33 828 71 11 FAX: +41 (0)33 828 72 64 WWW: www.jungfraubahn.ch sector: Railway ISIN: CH0003455034 indexes: BIRW stockmarkets: stock market: BX Berne eXchange language: English