Ad-hoc announcement pursuant to Art. 53 LR: Jungfrau Railway Group achieves virtually break-even result
In an ad-hoc announcement pursuant to Art. 53 of the Listing Rules, Jungfraubahn Holding AG states that in the financial year 2021, it almost reached break-even, with an annual loss of CHF 0.2 million. All in all, the Jungfrau Railway Group generated operating income of CHF 130.8 million, an improvement of CHF 5.1 million over 2020. The group was able to boost its EBTIDA by 29.1% to CHF 28.7 million even though the global pandemic continued to have a very negative impact on the financial year 2021. This was evident from the fact that interna-tional travel, which is so important for the Jungfrau Railway Group, was largely non-existent. Moreover, the war in Ukraine and its far-reaching consequences for the population have made the world situation very unstable. It remains to be seen to what extent this will affect intercontinental tourism.