The 2023/2024 financial year was characterized by a solid operating result, supported by stable capacity utilization, dedicated employees, and targeted investments. Despite weather-related challenges in the winter, Kleinwalsertaler Bergbahn AG was able to draw a positive annual balance and is optimistic about the future.
The course of the year presented mixed conditions: A successful, early start to the winter season was compounded by weather-related difficulties in the following months. After the winter of 2022/23 significantly benefited the Kanzelwand ski area, we are returning to more normal times in winter 2023/24 with regard to overall offerings. This resulted in a winter that was lower than the previous year in terms of guest numbers. Thanks to sufficient snowfall in early December, the winter season was able to start full operations early, leading to high frequencies and good capacity utilization until the turn of the year. From mid-January, mild temperatures and stormy days occurred, temporarily limiting the operation of some lifts. Nevertheless, overall operations were maintained thanks to flexible operating hours and the dedication of our employees. The result reflects operational stability, even if the previous year's record level was not quite reached.
The summer demonstrated that the Kleinwalsertaler Bergbahnen are well positioned even outside of the winter season. The catering industry also made a significant contribution to the results thanks to its collaboration with the railway company and its focus on regional products.
Economically, Kleinwalsertaler Bergbahn AG is extremely stable: Operating revenue was over €11 million, sales were €10.79 million, and the annual profit was €108,152 – compared to a loss of €318,000 in the previous year. The equity ratio increased to 47.4 percent, underscoring the company's economic stability. A total of over 379,000 guests were transported.
A decisive factor for this stability was the technical infrastructure. Board member Johannes Krieg emphasizes: "Our investments in modern snowmaking systems, avalanche protection, and infrastructure have contributed to our weather-resilient, efficient, and sustainable operations." Around 1.1 million euros were invested in fixed assets, with all investments being covered by ongoing operations.
In accordance with the statutes, the number of Supervisory Board members was also reduced from the current 7 to 6 at this year's Annual General Meeting. Marketing expert Sascha Duffner, ski school owner Tom Egger, Mayor Joachim Fritz, DI Julian Müller, filmmaker Clemens Paul, and hotel owner Heike Wohlgenannt are strengthening the Supervisory Board of Kleinwalsertaler Bergbahn AG and were unanimously elected. This concentrated expertise from various industries and areas will continue to ensure that Kleinwalsertaler Bergbahn AG's corporate development continues and is continuously expanded with foresight and entrepreneurial courage. As a result, Kleinwalsertaler Bergbahn AG is well positioned for the challenges ahead and looks forward to a continued successful future.
