04.08.2020 Sixt SE  DE0007231326

DGAP-Adhoc: Sixt SE: ​​​​​​​Despite the continuing significant increase in demand, the forecast for 2020 and the outlook for 2021 cannot be maintained due to the fact that considerable air travel restrictions continue to apply


 

DGAP-Ad-hoc: Sixt SE / Key word(s): Forecast
Sixt SE: ​​​​​​​Despite the continuing significant increase in demand, the forecast for 2020 and the outlook for 2021 cannot be maintained due to the fact that considerable air travel restrictions continue to apply

04-Aug-2020 / 17:11 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.


Despite the continuing significant increase in demand, the forecast for 2020 and the outlook for 2021 cannot be maintained due to the fact that considerable air travel restrictions continue to apply

Pullach, August 4, 2020

Under the current market conditions prevailing in the travel sector and in air travel in particular, which are strongly influenced by the COVID-19 pandemic, it is impossible to make a reliable estimate of the Sixt Group's revenues and earnings development for the upcoming months. Therefore, the forecast for 2020 and the outlook for 2021 can no longer be maintained.

Both the Group's operating revenue of EUR 711.3 million (first half of 2019: EUR 1,130.1 million) and EBT of EUR -122.9 million (first half of 2019: EUR 113.4 million) achieved in the first half of 2020 are in line with previous expectations. Nevertheless, the development of revenues in July 2020 and the reservations received so far for the current quarter indicate that the recovery in demand at airports assumed for the crucial third quarter of 2020 will be weaker than Sixt SE had previously expected.

The major share of revenues is generated outside airports, especially at city stations. Due to the substantial increase in demand, revenues from city stations are currently approaching the previous year's level.

As it is currently impossible to foresee over what period and to what extent the company can expect further adverse effects from the COVID-19 pandemic and the resulting uncertainties continue to increase significantly, the company will not issue a new forecast for the financial year for the time being.

Sixt SE will publish its half-yearly financial report 2020 as planned on August 13, 2020.

Note: "Operating revenue" is not a financial term according to IFRS. Information on the composition of operating revenue is available in the Sixt SE Annual Report 2019 on page 101 (available at https://ir.sixt.eu).
 

Contact:
Nicole Schillinger
Head of Investor Relations
Sixt SE
Phone: +49 (0)89 74444-5104
Email: investorrelations@sixt.com


04-Aug-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Sixt SE
Zugspitzstraße 1
82049 Pullach
Germany
Phone: +49 (0)89 74444-5104
Fax: +49 (0)89 74444-85104
E-mail: investorrelations@sixt.com
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
EQS News ID: 1109579

 
End of Announcement DGAP News Service

1109579  04-Aug-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 1.664,57 1.796,16 2.179,26 2.412,70 2.602,73 2.929,53 3.306,50 0,00
EBITDA1,2 492,51 546,30 640,30 756,52 834,79 956,79 1.088,86 0,00
EBITDA-Marge3 29,59 30,41 29,38 31,36 32,07 32,66 32,93 0,00
EBIT1,4 173,59 199,24 221,78 255,78 325,08 373,05 379,67 0,00
EBIT-Marge5 10,43 11,09 10,18 10,60 12,49 12,73 11,48 0,00
Jahresüberschuss1 94,40 110,02 128,17 156,65 204,42 438,85 246,81 0,00
Netto-Marge6 5,67 6,13 5,88 6,49 7,85 14,98 7,46 0,00
Cashflow1,7 114,10 -175,24 -454,05 -174,79 9,65 -346,40 -40,74 0,00
Ergebnis je Aktie8 1,97 2,28 2,39 3,00 4,09 9,07 4,97 1,20
Dividende8 1,00 1,20 1,50 1,65 4,00 2,15 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
Sixt ST
WKN Kurs in € Einschätzung Börsenwert in Mio. €
723132 76,750 Kaufen 3.073,29
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
21,32 13,66 1,539 23,51
KBV KCV KUV EV/EBITDA
2,47 - 0,93 6,312
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,00 0,00 0,00 24.06.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
13.05.2020 13.08.2020 12.11.2020 15.04.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
4,17% 4,04% -14,39% -12,73%
    
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Logistik/Verkehr , 723132 , SIX2 , XETR:SIX2