Jungfrau Railway Group Achieves Record Profit in Financial Year 2023

Jungfraubahn Holding AG announced a historic profit of CHF 79.6 million for the financial year 2023, marking the highest ever reported by the company. The introduction of the V-Cableway significantly enhanced the group's competitiveness, leading to a notable increase in demand for the Jungfrau Railway Group's excursion destinations throughout the year.

The announcement details a 40.7% increase in transport income to CHF 195.9 million. This surge played a pivotal role in the group's overall operating income, which rose by 29.9% to CHF 278.1 million. Operational expenses also saw an increase of 15.3%, amounting to CHF 138.7 million, due to higher personnel costs and increased expenditures in energy and goods.

Regarding EBITDA, Jungfrau Railway Group reported a significant rise to CHF 139.4 million, indicating efficient management and operational performance. Moreover, the annual profit rose by 79.4% compared to the previous year, resulting in a commendable profit of CHF 79.6 million.

The Jungfraujoch – Top of Europe segment notably attracted over a million visitors, generating CHF 136.5 million in transport income. This recovery in visitor numbers, especially from Southeast Asia, India, and the USA, signifies a strong rebound in international tourism.

The document also highlights the Experience Mountains and Winter Sports segments, both recording impressive performances despite varying market conditions. Investments in new projects and infrastructure underscore the company's commitment to enhancing visitor experiences and operational efficiency.