EQS-Adhoc

Jungfraubahn Holding AG: The 2016 business year - average yield increased

EQS Group-Ad-hoc: Jungfraubahn Holding AG / Key word(s): Miscellaneous Jungfraubahn Holding AG: The 2016 business year - average yield increased 28-Feb-2017 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR Press release Jungfraubahn Holding AG Tuesday, 28 February 2017   The 2016 business year - average yield increased

The Jungfrau Railway Group looks back on a challenging 2016 business year. It achieved a traffic income of 126 million francs. Despite a decline of six per cent compared to the record achieved last year, it recorded the second highest traffic income in its history. At the same time, the average profit in the Jungfraujoch - Top of Europe segment increased by 1.7 per cent.

Jungfraujoch - Top of Europe

Despite the challenging environment, the second-best result was achieved in terms of frequencies as well as traffic income in the history of the Jungfrau Railway. Although the terrorist attacks in Europe, the unrest in Turkey and the refugee problems had a significant effect on the number of visitors, especially in group business from Asia, a total of 916,500 guests travelled to the Top of Europe in 2016. To achieve this, it was crucial that the company had again increased the intensity of cultivating the Asia market in order to further strengthen the Jungfraujoch brand. Traffic income of CHF 100.3 million achieved in the Jungfraujoch segment was 7.6 per cent lower compared to the record attained year. However, the 100 million threshold could be exceeded again for the second time.

Winter sport

The result for the Jungfrau Ski Region fell below average from the beginning of 2016 to the end of the season in spring 2016. Despite good snow conditions declining numbers were recorded both for day-visitor as well as holiday guests. Thanks to an early start to the winter, Jungfrau Railways were able to begin the 2016/2017 winter-sport season as early as mid-November 2016. Efficient snowmaking equipment made it possible to maintain the offer of good piste conditions throughout the Kleine Scheidegg skiing area despite the continual high-pressure weather in December. In the Grindelwald-First ski area a reduced operation for freestylers was possible and in the lower area mountain carts and scooter bikes were offered as alternatives. The Jungfrau Ski Region is a cooperative product on which the Jungfrau Railway Group holds more than 60%. In 2016, a total of 909,000 first entries were recorded in the entire Jungfrau Ski. Region. In the winter sports segment, traffic income fell by 10.9 per cent to CHF 19.6 million francs.