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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
Jungfraubahn
Jungfraubahn (JFN) investor relations material
Jungfraubahn H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary31 Mar, 2026
Executive summary
Achieved the second-highest profit in company history for 2025, with profit up 2.3% year-over-year to CHF 78.2 million.
Visitor growth of 3.2% across all segments, with all segments reporting higher average revenues per guest.
Board proposes a dividend increase to CHF 8.50 per share, up 13.3% from the previous year.
Financial highlights
Operating income rose 3.7% to CHF 305.7 million compared to 2024.
Transport income increased 5.3% to CHF 216.1 million.
EBITDA grew 3.0% to CHF 138.4 million; EBIT reached CHF 98.9 million.
Free cash flow increased 9.6% to CHF 74.5 million.
Operating expenses rose 4.3% to CHF 167.3 million, mainly due to higher personnel and energy costs.
Outlook and guidance
Early 2026 saw subdued visitor numbers due to Middle East conflicts affecting Far Eastern travel routes.
Jungfraujoch visitors down 2.9% and Experience Mountains down 5.7% in the first three months of 2026 compared to prior year.
Winter sports skier visits down 1.9% for the 2025/2026 season to date.
Focus remains on qualitative growth, financial independence, and investments in modernization and expansion.
2026 outlook: Middle East conflict impact?
Personnel cost increase: one-off vs recurring?
Secondary Business EBITDA decline reasons?
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Latest events from Jungfraubahn
- Premium leadership, digital growth, and sustainability drive record results and future targets.JFN
Investor Day 2026 Presentation8 Jan 2026 - Record profit and robust segment growth, with positive outlook despite global risks.JFNH1 202528 Aug 2025
- Operating income up 7% to CHF 141.8m; Experience Mountains segment grew 35%.JFNH1 202413 Jun 2025
- Record visitor growth and robust earnings drive dividend hike and major investments.JFNH2 20249 Jun 2025
Next Jungfraubahn earnings date
H1 202627 Aug, 2026
Jungfraubahn
Next Jungfraubahn earnings date
H1 202627 Aug, 2026
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