Jungfraubahn Holding AG
Jungfrau Railway Holding AG consists of eight subsidiaries and is listed on the SIX Swiss Exchange. As its main activity, the Group operates excursion railways and winter sport facilities in the Jungfrau region. The customer is offered an adventure in the mountains and on the train. The Jungfrau Railway Group has three defined business segments: Jungfraujoch – Top of Europe, Winter Sports and Mountain Experience. It has formed a strategic alliance with Berner Oberland-Bahnen AG in order to exploit synergies.
The Jungfrau Railway Group is a leading tourism company and the largest mountain railway company in Switzerland. It offers its customers an adventure in the mountains and on the train. The main offer is the journey to the Jungfraujoch – Top of Europe. Due to the long-term development of a distribution and agency network, it has achieved a leading position in the Asian markets. The Jungfrau Railway Group also operates its own hydroelectric plant, leases premises for restaurants to operate and sells complete holiday packages on its website in cooperation with partner companies.
Jungfraujoch – Top of Europe
The Jungfraujoch – Top of Europe is the most profitable segment of the Group. The core of this business is the highest railway station in Europe at 3,454 metres above sea level, situated within the UNESCO World Heritage Site SWISS ALPS Jungfrau-Aletsch. The trip with the Wengernalp Railway and the Jungfrau Railway to the Jungfraujoch is also the strategic "heart" of the company. The previous attendance record was achieved in 2014 with 866,000 guests. This means that after the Jubilee year (833,000 guests) and 2013 (823,000 guests) for the third time in a row there were over 800,000 visitors to the Top of Europe.
Winter Sport and Mountain Experience
The business segments of Winter Sports and Mountain Experience are important additions to the Jungfraujoch – Top of Europe. The winter sport facilities in the areas Kleine Scheidegg-Männlichen, Grindelwald-First and Mürren-Schilthorn are part of the Jungfrau Ski Region subscriber association, in which Jungfraubahn Holding AG holds a share of over 60%. Together with the partner companies, the Jungfrau Railway Group leads one of the most important ski resorts in Switzerland on behalf of the association.
The Mountain Experience business segment includes destinations in the surrounding area of the Jungfraujoch – Top of Europe. Grindelwald-First, Harder Kulm and Winteregg-Mürren enhance the regional experience and allow for interesting combinations such as holiday passes or cross marketing.
Strategy, objective and new projects
The value of the Jungfrau Railway Group as a value stock should continuously increase for investors. The objective is to strengthen the Jungfraujoch – Top of Europe as the main source of revenue. By means of continuous modernisation of the railways, the shortened travel times demanded by the market should be realised. Internal growth is sought via better utilisation of the off-season. The Jungfraubahn Holding AG, within the alliance with Berner Oberland-Bahnen AG, thereby supports the "10-month high season" initiative. The principle is intended to initiate positive developments through visionary approaches and visitor-oriented project work. Jungfrau Railways and the Grindelwald-Männlichen Cable Railway plan to jointly develop a V-Cableway that provides access to both the Männlichen and the Eigergletscher. As a result, the travel times can be shortened and the quality can be improved. With its eight components, the V-cableway project is designed for the entire region with the main objectives of quality and future. The renewal of the WAB rolling stock is part of the V-project. In total, six three-section panoramic trains were ordered for CHF 42 million. By autumn 2015, the commissioning of all panorama train on the route Lauterbrunnen - Kleine Scheidegg will take place. Also as part of the V-project, new low-floor trains were ordered from the Jungfrau Railway and are expected to ship in the first half of 2016. The investment amounts to around CHF 32 million.