In 2020, the Jungfrau Railway Group recorded a loss – yet a positive EBITDA was achieved
For the first time in its history, the Jungfrau Railway Group suffered losses in 2020. Losses in the amount of CHF 9.7 million follow on from record profits in 2019 of CHF 53.3 million. On a positive note, despite everything in a year marred by Covid-19, positive EBITDA of CHF 22.3 million was achieved in 2020. The Board of Directors is proposing that, due to the cur-rent situation, no dividends should be distributed. The consequences of the coronavirus cri-sis are still more pronounced and enduring than previously anticipated and continue to be difficult to evaluate. It is to be expected that the 2021 result will again be heavily influenced by the coronavirus crisis.