Ad hoc announcement pursuant to Art. 53 LR

Jungfrau Railway Group recorded successful first half of the year / CEO Urs Kessler to step down in June 2025

Jungfraubahn Holding AG / Key word(s): Half Year Results/Personnel Ad hoc announcement pursuant to Art. 53 LR: Jungfrau Railway Group recorded successful first half of the year / CEO Urs Kessler to step down in June 2025 31-Aug-2023 / 06:45 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. 31 August 2023

 

Ad hoc announcement pursuant to Art. 53 LR

Jungfrau Railway Group recorded successful first half of the year

CEO Urs Kessler to step down in June 2025

In an ad hoc announcement pursuant to Art. 53 of the Listing Rules, Jungfraubahn Holding AG reports that the Jungfrau Railway Group performed well in the first half of the year. Both Jungfraujoch and the Experience Mountains recorded a good increase in guests. Operating income amounted to CHF 132.5 million, with a half-yearly profit of CHF 35 million. CEO Urs Kessler has decided to step down from his office as Chief Executive Officer after the General Meeting of Jungfraubahn Holding AG in June 2025, now that the Jungfrau Railway Group is debt-free and back on track. This period allows sufficient time to ensure an orderly succession process. 

In the first six months of 2023, the Jungfrau Railway Group finally overcame the pandemic. Guests from India, Southeast Asia, South Korea and the USA in particular made up for many trips that had not been possible during the COVID-19 years.

 

VISITOR FREQUENCIES 1.1.-30.6.	2023	2022	Change in %
Jungfraujoch (ascent)	419,400	204,600	105.0%
Skier visits