Schilthorn Financial Year 2025: Record year despite closed Schilthorn summit

The 2025 financial year for Schilthornbahn AG was marked by significant growth. Despite the closure of the Schilthorn summit until mid-March 2025, all business units benefited from the considerably increased visitor numbers and closed the year with a positive result.

The annual report published these days by Schilthornbahn AG paints a positive picture: As already noted in the initial annual report at the beginning of the year, the 2025 financial year was successfully concluded. While the construction-related closure of the Schilthorn summit resulted in an expected 22 percent decrease in visitor numbers until mid-March 2025, the anticipated turnaround began with the reopening of the cable car service between Birg and Schilthorn, as well as the reopening of the shops on the Schilthorn.

“Guests flocked to our ski and excursion mountain,” recalls Christoph Egger, director of the Schilthorn cableway. “On the one hand, they wanted to see the progress of the new buildings, but on the other hand, they also wanted to enjoy the unique panorama.”

The intensive development of international travel markets, the increased capacity thanks to the new cable cars, and continuous operation throughout the autumn months also contributed to the positive result. This upward trend continued throughout the rest of the year: Overall, visitor numbers on the Schilthorn increased by 21.9 percent compared to the previous year. This also surpassed the record figures from 2018 and 2019. The revenue from the cable cars even rose by 28.6 percent.

Success in all business areas

The upswing was noticeable in all areas. All business segments closed 2025 with very positive results. Despite the closure of the summit building and thus also of the flagship revolving restaurant Piz Gloria, the catering sector was able to increase its total revenue by 6.8 percent. The hotel sector recorded a 1.4 percent increase in revenue compared to the previous year. The Shops & Merchandising division also grew by almost 22 percent, partly thanks to the larger retail space on the Schilthorn.

Cautious liquidity planning – waiving dividend application

The SCHILTHORNBAHN 20XX project, a project spanning generations, can be finalized in the coming weeks. The Board of Directors intends to continue its prudent liquidity planning and will therefore refrain from proposing a dividend distribution to the Annual General Meeting in 2026. This decision is supported by the ongoing uncertainties in global tourism triggered by the armed conflicts in the Middle East. Maintaining strong performance in all business areas remains crucial, and this is already becoming apparent for the 2026 financial year.

Annual Report 2025 here