24.07.2018
Sixt SE DE0007231326
DGAP-Adhoc: Sixt SE: Sixt achieves above average result in the second quarter of 2018
DGAP-Ad-hoc: Sixt SE / Key word(s): Half Year Results
Sixt SE: Sixt achieves above average result in the second quarter of 2018
24-Jul-2018 / 15:27 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Sixt achieves above average result in the second quarter of 2018
Pullach, 24 July 2018 - Business performance of the mobility service
provider Sixt SE in the second quarter of 2018 was significantly better as
compared to the corresponding period of the previous year. According to an
analysis of preliminary figures concluded today, consolidated earnings
before taxes (EBT) for the second quarter of 2018 are expected to amount to
around EUR 82 million (Q2 2017: EUR 65.8 million) and consolidated operating
revenue for the second quarter of 2018 is expected to be around EUR 641
million (Q2 2017: EUR 573.6 million). Thus, the consolidated EBT for the
first half year 2018 is expected to amount to around EUR 326 million (H1
2017: EUR 102.6 million) and consolidated operating revenue for the first
half year 2018 is expected to be around EUR 1,184 million (H1 2017: EUR
1,066.8 million). Consolidated EBT for the first half year 2018 includes a
profit contribution of around EUR 196 million from the sale of Sixt SE's
stake in the joint venture DriveNow to the BMW Group, which was closed in
the first quarter 2018 already. Adjusted for this non-recurring effect in
the first quarter 2018, consolidated EBT for the first half year of 2018 is
expected to amount to around EUR 130 million and is thus also significantly
higher than the result for the same period last year. This substantial
increase of the consolidated EBT adjusted for the non-recurring effect is to
a large extent based on an increased profit of the Vehicle Rental Business
Unit in Germany and abroad.
For the full fiscal year 2018 the Managing Board continues to expect a
significant increase of consolidated operating revenue (2017: EUR 2,309.3
million) and a significant growth of consolidated EBT (2017: EUR 287.3
million).
Sixt SE will disclose its Group Interim Report as at 30 June 2018 as
scheduled on 16 August 2018.
Note: "consolidated operating revenue" is not a financial term according to
IFRS. Information regarding the composition of the consolidated operating
revenue can be found in the Annual Report 2017 of Sixt SE on page 97
(available at ir.sixt.com).
Contact:
Nicole Körnig
Investor Relations
Sixt SE
Tel.: +49 (0)89 74444-5104
Email: [email protected]
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24-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory
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Language: English
Company: Sixt SE
Zugspitzstraße 1
82049 Pullach
Germany
Phone: +49 (0)89 74444-5104
Fax: +49 (0)89 74444-85104
E-mail: [email protected]
Internet: http://ir.sixt.com
ISIN: DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt
Namensaktien, DE000A11QGR9 Sixt-Anleihe 2014/2020,
DE000A2BPDU2 Sixt-Anleihe 2016/2022, DE000A2G9HU0
Sixt-Anleihe 2018/2024
WKN: 723132
Indices: SDAX
Listed: Regulated Market in Frankfurt, Munich; Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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707461 24-Jul-2018 CET/CEST
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