Jungfrau Railway Group Posts Mixed Financial Results for 2024

Jungfraubahn Holding AG reported mixed outcomes for the 2024 financial year. The company's railways achieved transport income of CHF 205.1 million, marking a 4.7% rise from the previous year. However, the annual profit of CHF 76.5 million saw a 4.0% decrease despite being the second-highest in company history. The EBITDA receded slightly by 3.6% to CHF 134.4 million.

The Experience Mountains segment noted substantial growth, with a 25.3% increase in transport income to CHF 46.3 million. Meanwhile, the Winter Sports segment experienced marginal transport income growth of 0.5% to CHF 30.1 million, but a significant EBITDA decline of 42.2%.

Efforts continue to address increased operating expenses, which rose by 15.6% to CHF 160.4 million, driven by higher personnel costs and electricity prices. The company's strategic financial targets include maintaining a return on sales of 25.9% and enhancing digital booking systems.