Jungfraubahn Holding AG

Latest Results (14.01.2025):

Operating Income

In the first half of 2024, Jungfraubahn Holding AG reported an operating income of CHF 141.8 million, marking an increase from the previous year's CHF 132.5 million. This growth reflects the continued popularity of the Jungfraujoch and Experience Mountains among visitors, despite challenging weather conditions.

Transportation Revenues

Jungfraubahn Holding AG's transportation revenues for the first half of 2024 reached CHF 99.1 million, up 5.1% compared to the same period in 2023. This increase was achieved even though the use of the 'Swiss half fare card' by international guests slightly diminished transport income.

EBITDA and Profit

The company achieved an EBITDA of CHF 62.0 million on its operating income, with a half-yearly profit of CHF 34.5 million. Although this profit is slightly below the record profit of the first half of 2023, it demonstrates the company's resilience in managing higher operating expenses and wage costs due to increased guest numbers.

Visitor Numbers and Segment Performance

Visitor numbers at Jungfraujoch – Top of Europe increased by 9.8% compared to the previous year, contributing to a net transport income of CHF 56.9 million, a 2.2% increase year-on-year. The Experience Mountains segment also saw significant growth, with net transport income rising by 35.4% to CHF 17.7 million.

Outlook

Jungfraubahn Holding AG anticipates a stable financial performance for the remainder of 2024, despite global uncertainties such as geopolitical tensions and economic fluctuations. The company expects continued visitor interest, supported by strategic projects and sustainability initiatives, to drive future growth.