DGAP-News

Sixt Leasing SE: Sixt Leasing expands contract portfolio and raises profitability during first nine months of 2016

DGAP-News: Sixt Leasing SE / Key word(s): 9-month figures/Quarterly /
Interim Statement
Sixt Leasing SE: Sixt Leasing expands contract portfolio and raises
profitability during first nine months of 2016

16.11.2016 / 07:31
The issuer is solely responsible for the content of this announcement.

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Sixt Leasing expands contract portfolio and raises profitability during
first nine months of 2016

- Consolidated revenue up by 7.3% to EUR 534.7 million after nine months

- Group EBT increases above average by 9.8% to EUR 23.9 million despite
higher expenditures for growth initiatives

- Operating return on revenue improves by 11.9% to 7.5%

- Contract portfolio gains 7.5% to 111,000 contracts

- Reorganisation of Group financing as planned leads to improvement of
financial result of EUR 1.0 million compared to second quarter 2016

Pullach, 16 November 2016 - Sixt Leasing SE, one of the largest non-bank,
vendor-neutral full-service leasing companies in Germany, recorded a
positive development during the first nine months of 2016 and raised its
contract portfolio and profitability in line with corporate strategy.
Consolidated earnings before taxes (EBT), the key parameter for measuring
business success, increased by 9.8% to EUR 23.9 million despite higher
expenditures for growth initiatives in the Online Retail business field
(private and commercial customer leasing) and thus outperformed growth of
consolidated revenue. Operating return on revenue improved to 7.5%. At the
end of September 2016 the contract portfolio amounted to 111,000 contracts,
an increase of 7.5% compared to the number as of 31 December 2015.

Rudolf Rizzolli, CEO of Sixt Leasing SE:
"Sixt Leasing further extended its leading position in online retail
leasing in Germany through the recent advertising campaigns. As early mover
we have a critical advantage on a so far largely untapped market. We aim to
increase this advantage and will therefore continue to invest in
advertising measures. In our opinion, the market for private and commercial
customer leasing is only at the beginning of its development. This provides
Sixt Leasing with substantial growth opportunities over the coming years."

Sixt Leasing Group key figures after nine months 2016
- Group revenue for the first nine months of 2016 climbed by 7.3%
compared to the same period the year before, totalling EUR 534.7
million (9M 2015: EUR 498.5 million). This growth was especially the
result of higher proceeds from the sale of returned leasing vehicles