ropeways.net | Home | 2012-04-26
|Jungfrau Railway Group with record result |
In 2011, the Jungfrau Railway Group achieved a record profit of 25.4 million francs, exceeding the previous year’s result by 12.3 per cent. Comments on the result will be made at today’s financial statement media conference in Bern.
With an operating revenue of 147.8 million francs, the Jungfrau Railway Group recorded the highest revenue in its history. This growth was reached mainly in the business with Asian guests. Some 765,000 people visited the Jungfraujoch–Top of Europe in 2011, thus significantly exceeding the previous visitor record. The Jungfrau Railway Group’s strategy of intensifying its global marketing activities has clearly paid off.
The Annual General Meeting of the Jungfrau Railway Group will be held in Interlaken on 14 May 2012. The Executive Board will submit two proposals, which together will result in a dividend equivalent to 2.30 francs per share. It will be proposed to raise the dividend to 1.80 francs, an increase of 20 centimes on the previous year. It will also be proposed that shareholders receive an option to the value of 0.50 francs per share. This is to be financed by the withholding-tax-free reduction of share capital through reduction of the nominal value. The precise conditions of the subscription-right programme will be published after expiry of the statutory deadlines for the reduction of the share capital; probably at the end of July 2012.
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