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JUNGFRAUBAHNEN HOLDING AG (FRA:CH001787) EQS-Adhoc: Jungfraubahn Holding AG: Good start to 2020 for Jungfraubahn Holding AG - future business developments dif-ficult to predict

Directive transparence : information réglementée

04/03/2020 06:20

EQS Group-Ad-hoc: Jungfraubahn Holding AG / Key word(s): Miscellaneous
Jungfraubahn Holding AG: Good start to 2020 for Jungfraubahn Holding AG - future business developments dif-ficult to predict

04-March-2020 / 06:20 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.


Press release Jungfraubahn Holding AG Wednesday, 4th March 2020
 

Good start to 2020 for Jungfraubahn Holding AG - future business developments difficult to predict

Jungfraubahn Holding AG has had a good start to 2020. From 1 January 2020 to 29 February 2020, the company recorded growth in winter sports. 1.7% fewer guests visited the Jungfraujoch in the first two months of the year compared with last year. How business develops in the coming months will depend on the spread or containment of the coronavirus.

By the end of February, 74,000 visitors had visited Jungfraujoch - Top of Europe. This represents a decline of 1,300 guests or 1.7% year-on-year. The months from January up to and including April are generally among the weaker months in terms of visitor numbers.

The positive interim result in winter sports had already been announced with the skier visits in the Jungfrau Ski Region over the holiday period at the end of 2019 and beginning of 2020. From 1 January 2020 to 29 February 2020, 645,000 skier visits were registered for the Jungfrau Ski Region, an increase of 4.9 per cent.

Due to the spread of the coronavirus, short term prospects have tarnished. The management has taken various measures to save costs. How business will develop further is difficult to predict today. It depends on the development of the containment of the coronavirus as well as on the travel activity and travel options of the guests.

Further information on the business development of Jungfraubahn Holding AG will follow at the annual media conference on 26 March 2020.

 

Link: https://www.jungfrau.ch/en-gb/corporate/investor-relations/jungfraubahn-holding-ag/adhoc-news/
 

 



End of ad hoc announcement
Language: English
Company: Jungfraubahn Holding AG
Harderstrasse 14
3800 Interlaken
Switzerland
Phone: +41 33 828 71 11
Fax: +41 33 828 72 64
E-mail: info@jungfrau.ch
Internet: www.jungfrau.ch
ISIN: CH0017875789
Valor: A0CACJ
Listed: Regulated Unofficial Market in Frankfurt, Stuttgart; SIX Swiss Exchange
EQS News ID: 988595

 
End of Announcement EQS Group News Service

988595  04-March-2020 CET/CEST

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