Tous Actualités
Suivre
Abonner Jungfraubahn Holding AG

Jungfraubahn Holding AG

Half yearly balance of Jungfraubahn Holding AG

Interlaken (ots)

We send you the letter to the shareholders of Jungfraubahn Holding AG
including the half yearly balance:
Dear Shareholders
We welcomed 264'000 guests to the
Jungfraujoch-Top of Europe in the first six months of the year
(previous year 232'000). Due to this fact we were able to compensate
the drop in sales from winter business by the middle of the year. At
CHF 6.6 million, the semester result is slightly below that of last
year, due to a 1.4% increase in operating costs and higher
depreciation,
HALF-YEARLY BALANCE AS OF 30 JUNE 2007
In the first semester we were able to increase operating revenue
by 1.1% to almost CHF 60 million. We recorded a considerable loss in
winter sport revenue owing to poor snow conditions and persistently
high temperatures. The extremely pleasing number of guests to the
Jungfraujoch and the new Lauterbrunnen-Mürren aerial cableway made it
possible to compensate for the winter deficit and even increase
overall traffic revenue by CHF 0.5 million.
Visitor frequency 1.01 - 30.06.          2007      2006 Variation
Jungfraujoch-Top of Europe (arrivals)    263,853    232,405  +13.5%
Kleine Scheidegg (WAB frequencies)     1,261,223  1,258,226   +0.2%
Grindelwald-First (from valley station)  243,173    311,135  -21.8%
Lauterbrunnen-Mürren
(BLM frequencies) (1)                  230,391    162,189    +42.1%
Harder Kulm (arrivals)                  18,327     18,800     -2.5%
(1) Suspension of operations from 24 April 2006 for construction
We recorded the most marked increase in frequencies at our Premium
excursion destination:  an average of over 1400 guests per day
visited the Jungfraujoch-Top of Europe at 3454 metres altitude.
Visitors from overseas made a considerable contribution to the
increase. The results of our Experience Mountains are at about the
same level as last year.
The operative result (EBIT) is CHF 8.6 million, equivalent to an EBIT
margin of 14.3%. The final result for the first half-year shows a
profit of CHF 6.6 million.
MAJOR PROJECTS ON SCHEDULE
We are constantly adapting our offers to cater to guest
requirements. In April the first cut in the soil was made for the
extension of the Lauterbrunnen parking garage, where we are
constructing the 105 parking spaces already sold. April this year
also saw the realization of Switzerland's largest snow-making
project, in the Kleine Scheidegg area. The Kleine
Scheidegg-Männlichen skiing area will also receive a considerable
boost for the coming 2007/2008 winter season with the replacement of
the Honegg draglift by a highly modern six-seater chairlift. And last
but not least, the coming winter will see the modernization of the
Harder Railway in time for its centenary in 2008.
2007 BUSINESS YEAR
The environment for our business activities continues to show
positive development. Bookings in the group-travel business for the
second semester allow us to look to the future with optimism.
Unfortunately the Harder Railway was seriously damaged by a
landslide on 8 August following heavy rainfall and will be out of
operation for some weeks. The damage is for the most part covered by
insurance and will have no appreciable effect on the 2007 group
result.
Investor Relations - key dates:
The frequencies for the 2007 business year will be announced on 2
January 2008.
The financial statement media conference for the 2007 business
year will be held on 19 March 2008.
The next AGM of Jungfraubahn Holding AG shareholders will be held
on Monday, 19 May 2008 in Interlaken.

Contact:

Christoph Seiler
CFO Jungfrau Railways
Phone: +41/33/828'71'11

Kathrin Naegeli
chief information officer Jungfrau Railways
Phone: +41/33/828'72'30
Mobile: +41/79/222'53'10

Plus de actualités: Jungfraubahn Holding AG
Plus de actualités: Jungfraubahn Holding AG
  • 16.08.2007 – 06:30

    Successor to Walter Steuri as CEO of Jungfrau Railways

    Interlaken (ots) - Jungfrau Railways are seeking a new CEO. An advertisement will appear in various Swiss newspapers on 17 and 18 August 2007. As has been known since 2006, Walter Steuri, CEO/Management Board Chairman of Jungfrau Railways will retire at the end of August 2008. The 62-year-old has worked for Jungfrau Railways since 1975, initially as head of finance and from 1994 as chairman of the six-member ...

  • 23.04.2007 – 11:15

    Jungfraubahn Holding AG 2006 Annual Financial Statement

    - Indication: Articles on this subject together with the 2006 business report can be downloaded free of charge under: http://www.presseportal.ch/de/story.htx?firmaid=100002850&lang=2 - Interlaken (ots) - On Monday the Jungfraubahn Holding AG presented the figures for the 2006 business year at its financial statement media conference in ...

    3 Documents
  • 23.04.2007 – 07:00

    Jungfraubahn Holding AG 2006 Annual Financial Statement

    Interlaken (ots) - Jungfraubahn Holding AG is presenting its figures for the 2006 business year at today's (Monday) financial statement media conference. Switzerland's major mountain railway company was able to close the 2006 business year with an annual profit of CHF 19.1 million. P rofit is thus CHF 1.3 million above the figure for the exceptional year of 2000 (Raiffeisen promotion). Key figures are as follows: ...