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01.03.2016 07:00:23
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EQS-Ad hoc: Jungfraubahn Holding AG (N)
EQS Group-Ad-hoc: Jungfraubahn Holding AG / Key word(s): Development of
Sales
Jungfraubahn Holding AG: 2015 business year - traffic revenue increased
01.03.2016 / 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.
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Media release Jungfraubahn Holding AG Tuesday, 1 March 2016
2015 business year - traffic revenue increased
The Jungfrau Railway recorded a traffic income of 134 million francs and
thus was able to increase this by 10.3% in comparison to the previous year.
Jungfraujoch - Top of Europe
In 2015, for the first time, over 1 million visitors travelled to Europe's
highest-altitude railway station. The millionth guest arrived on the
Jungfraujoch on 30 December 2015. Excursion traffic to the Jungfraujoch -
Top of Europe continued to benefit from the rising demand from Asia during
the year under review. In 2015, 1,007,000 persons visited the Jungfraujoch;
the best result in its history. With a traffic income of CHF 107.6 million,
the 100 million franc mark was exceeded for the first time, an increase of
14.1 percent. The Jungfrau Railways strategy of intensively cultivating
the Asian market and further strengthening the Jungfraujoch - Top of Europe
brand has clearly paid off.
Winter sport
The result for the Jungfrau Ski Region from the beginning of 2015 to the
end of the season in spring 2015 fell below average. Despite good snow
conditions, a drop in numbers was recorded for day-visitors as well as
holiday guests. Because of constant warm temperatures and little snow, the
Jungfrau Ski Region had a difficult start to the 2015/2016 winter season,
similar to the previous year. Nevertheless, thanks to powerful snowmaking
equipment, from the beginning of December it was possible for Jungfrau
Railways to open many of its facilities in certain parts of the Kleine
Scheidegg and First areas and offer good skiing conditions. The Jungfrau
Ski Region is a cooperative product in which the Jungfrau Railway Group
holds more than a 60% share. In 2015, with 971,000 skier visits, fewer than
one million skier visits were recorded for the second time in a row.
Traffic revenue fell by CHF 0.6 million to CHF 21.6 million in the winter
sports segment, a minus of 2.5 per cent.
Experience mountains
In the experience mountains business segment, which comprises excursion
traffic to the Harder Kulm, First and Winteregg-Mürren, the Jungfrau
Railway Group recorded overall good results. The Harder Railway increased
its traffic income from 1 January to 31 December 2015 by 24 per cent. The
First Aerial Cableway recorded an increase of 7.7 per cent. The
Lauterbrunnen-Mürren Rail and Cableway achieved a growth in traffic income
of 8.9 per cent. Overall, the experience mountains segment achieved traffic
revenue of 11.2 million. The increase of 12.1 per cent on the previous year
represents a record.
Prospects for 2016
Despite the difficult situation caused by a number of group cancellations
after the attacks in Paris and the introduction of biometric visas for
visitors from China, only 2,947 fewer guests to the Top of Europe were
recorded up to 15 February 2016. This represents a reduction of 6.3 per
cent. As expected, the 2015/2016 winter sports business season is feeling
the effect of the low euro rate.
The diversification and the continuing intensive cultivation of the Asian
markets fill Jungfrau Railways with confidence with regard to summer
business. From mid-May 2016, individual seat reservations will be
introduced on the Kleine Scheidegg-Jungfraujoch section, thus increasing
quality for Jungfraujoch guests. At the same time, the evening timetable
will be extended.
To combat the downward trend in winter sports and the difficult exchange
rate situation, Jungfrau Railways are focusing on a continued increase in
quality. The planned V-Cableway project will considerably reduce travel
times and created facilities in line with international standards. The aim
is to put the cableways into operation in 2018/2019.
The complete letter to shareholders with details of the 2016 Annual General
Meeting (AGM) of Jungfraubahn Holding AG can be found at the following
link:
http://www.jungfrau.ch/nc/en/company/investment/reports/jbh-reports/2016/
For questions:
Patrizia Bickel, Head of Corporate Communications,
+41 (0)79 222 53 10
End of ad hoc announcement
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01.03.2016 News transmitted by EQS Schweiz AG. www.eqs.com - news archive:
http://switzerland.eqs.com/de/News
The issuer is responsible for the contents of the release.
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Language: English
Company: Jungfraubahn Holding AG
Harderstrasse 14
3800 Interlaken
Switzerland
Phone: +41 33 828 71 11
Fax: +41 33 828 72 64
E-mail: info@jungfrau.ch
Internet: www.jungfrau.ch
ISIN: CH0017875789
Valor: A0CACJ
Listed: Regulated Unofficial Market in Stuttgart; SIX
End of News EQS Group News Service
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441311 01.03.2016
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