DGAP-Adhoc

Sixt SE: Sixt posts above average result for third quarter and upgrades outlook for full year 2016

Sixt SE / Key word(s): 9-month figures/Change in Forecast

21.10.2016 10:31

Disclosure of an inside information according to Article 17 MAR,
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 posts above average result for third quarter and upgrades outlook for
full year 2016

Pullach, 21 October 2016 - Business performance of the mobility service
provider Sixt SE in the third quarter of 2016 was significantly above last
year. According to an analysis of preliminary figures for the third quarter
2016 concluded today, consolidated earnings before taxes (EBT) are expected
to total around EUR 90 million (Q3 2015: EUR 79.0 million). The significant
increase is mainly based on a strongly increased demand in the Vehicle
Rental Unit outside of Germany in conjunction with strong utilization of
the rental fleet and lower refinancing costs.

As a consequence of the business development during the third quarter and
business performance recorded so far in the fourth quarter the Managing
Board expects consolidated EBT for the full fiscal year 2016 to amount to
at least EUR 200 million and, thus to significantly outperform last year's
total of EUR 185.2 million. With regard to the consolidated operating
revenue for the full year (2015: EUR 1,939 million) the Managing Board now
also expects a significant growth. The Board's previous projections had
assumed a stable to slightly higher EBT and slightly higher consolidated
operating revenue.

Sixt SE will publish its Group Quarterly Statement as at 30 September 2016
as scheduled on 17 November 2016.

Person making the notification: Dieter Hanel, Investor Relations Sixt SE

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 2015 of Sixt SE on p. 27
(available at https://ir.sixt.eu).

Contact:
Frank Elsner
Sixt Central Press Office
Tel.: +49 (0)89 / 99 24 96 - 30
Fax: +49 (0)89 / 99 24 96 - 32
E-mail: [e-mail]


21.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Sixt SE
Zugspitzstraße 1
82049 Pullach
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: http://ir.sixt.de
ISIN: DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt
Namensaktien, DE000A1E8V89 Sixt-Anleihe 2010/2016,
DE000A1PGPF8 Sixt-Anleihe 2012/2018, DE000A11QGR9
Sixt-Anleihe 2014/2020
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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