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19.10.2017 - 20:25

DGAP-Adhoc: Sixt SE: Sixt achieves above average result of slightly above EUR 220 million (9M 2016: EUR 172 million) and significant increase in revenue for first nine months 2017



DGAP-Ad-hoc: Sixt SE / Key word(s): 9-month figures


Sixt SE: Sixt achieves above average result of slightly above EUR 220 million (9M 2016: EUR 172 million) and significant increase in revenue for first nine months 2017


19-Oct-2017 / 20:25 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




Sixt achieves above average result of slightly above EUR 220 million (9M 2016: EUR 172 million) and significant increase in revenue for first nine months 2017

 



Pullach, 19 October 2017 - Business performance of the mobility service provider Sixt SE in the first nine months of 2017 was significantly above last year. According to an analysis of preliminary figures for the first nine months 2017 concluded today, consolidated earnings before taxes (EBT) are expected slightly above EUR 220 million (9M 2016: EUR 172 million). This increase is based on a strong growth in operating revenue combined with a significant profit improvement in the Vehicle Rental Unit, in Germany as well as abroad.


As a consequence of the business development during the first nine months, the Managing Board continues to expect a significant increase of consolidated EBT for the full fiscal year 2017 (2016: EUR 218 million). With regard to the consolidated operating revenue for the full year (2016: EUR 2,124 million) the Managing Board still expects a solid growth.


Sixt SE will disclose its Group Quarterly Statement as at 30 September 2017 as scheduled on 15 November 2017.


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 2016 of Sixt SE on p. 27 (available at ir.sixt.eu).











19-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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: investorrelations@sixt.com
Internet: http://ir.sixt.de
ISIN: DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt Namensaktien, DE000A1PGPF8 Sixt-Anleihe 2012/2018, DE000A11QGR9 Sixt-Anleihe 2014/2020, DE000A2BPDU2 Sixt-Anleihe 2016/2022
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




620703  19-Oct-2017 CET/CEST







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