EANS-Adhoc: Berner Oberland Bahnen AG
Berner Oberland-Bahnen AG with increased
traffic business revenue
12.09.2012 – 07:01
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 12.09.2012 The Berner Oberland-Bahnen AG achieved a traffic income of 5 million francs in the first half of 2012. This is an increase of 1.6 per cent compared to the previous year. The development in passenger numbers was very pleasing for the Bernese Oberland Railway (BOB), which operates between Interlaken Ost and Grindelwald and Interlaken Ost and Lauterbrunnen. The BOB registered 4 per cent person kilometres more than in the previous year. It recorded a traffic income of 4.4 million francs, thus achieving an increase of 5.6 per cent. This was mainly attributable to the growth in tourist traffic. The Schynige Platte Railway, which accesses the excursion destination of Schynige Platte, recorded a mediocre start to the season. Traffic income in the first half of the year was 0.6 million francs, a reduction of 20.7 per cent on last year. The strong rate of the franc against the euro resulted in a drop in the number of guests from neighbouring countries visiting Schynige Platte. The long periods of poor weather also had a negative effect on visitor numbers. The first six months of 2012 have resulted in a 1.6 million franc loss for the Berner Oberland-Bahnen AG, an increase in loss of 0.8 million francs in comparison to the previous year. The worse result can be explained by the fact that in 2011 the company recorded a one-off income of 1.5 million francs from the sale of property. In the transport business, the Bernese Oberland Railway performed better than last year. The Bernese Oberland Railway also recorded high numbers of guests in July and the first half of August 2012. From 1 July to 15 August 2012, the BOB recorded 132,109 person kilometres more than in the previous year. In contrast, the Schynige Platte Railway recorded a reduction in passenger numbers of 8.7 per cent for the same period. The profit and loss account and balance are published under www.jungfrau.ch/reports/bob. Further inquiry note: Urs Kessler, CEO, Chairman of the Management Board +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