DGAP-News
Sixt SE: Sixt records good start into 2014 - Seite 3
March 2014, the Company had 30 stations in the USA, of which 20 were
company-owned and 10 franchise stations. In addition, a renowned vehicle
rental provider in the Boston area was won over as a further franchisee.
The rental fleet (without franchise partners) comprised an average of
73,500 vehicles over the first quarter. In the same quarter last year the
average fleet size had been 67,100 vehicles.
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The Vehicle Rental Business Unit reported rental revenue of EUR 230.1
million for the first quarter of 2014, an increase of 9.5%. This growth is
the result of domestic demand growing by 6.7% and the continued expansion
in Europe outside of Germany and in the USA (+14.4%). Total revenue for the
Vehicle Rental Business Unit came to EUR 251.9 million, after EUR 231.3
million over the same period of last year (+8.9%).
The Business Unit's EBT climbed 13.5% to EUR 22.8 million (Q1 2013: EUR
20.2 million).
Leasing
Sixt Leasing is one of Germany's largest vendor-neutral, non-bank
full-service leasing companies, whose services extend not only to classic
finance leasing but also to a broad range of services for efficient fleet
management that reduce the customers' mobility costs.
As at the end of the first quarter of 2014 the Leasing Business Unit's
total number of leases in and outside Germany (excluding franchisees) was
79,600 and thus around 4% up on the figure at the end of 2013 (76,200). The
growth is essentially attributable to the expansion in the segments fleet
management and mobility consulting.
As a consequence of the expanded contract portfolio, the Leasing Business
Unit increased first quarter revenue by 4.8% to EUR 100.7 million (Q1 2013:
EUR 96.1 million). Because of lower proceeds from the sale of used
vehicles, the Leasing Business Unit's total revenue amounted to EUR 129.4
million or 3.7% less than the figure for the same quarter last year (Q1
2013: EUR 134.3 million). EBT for the Leasing Business Unit came to EUR 3.6
million after EUR 4.0 million in Q1 2013.
Further information
Frank Elsner
Sixt Central Press Office
T +49 (0)89/ 99 24 96 - 30
F +49 (0)89/ 99 24 96 - 32
Email: pressrelations@sixt.com
Note
Sixt SE's Interim Report as at 31 March 2014 can now be downloaded at
http://se.sixt.de/interimreport2014Q1.
End of Corporate News
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15.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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://se.sixt.de
ISIN: DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt
Namensaktien
WKN: 723132
Indices: SDAX
Listed: Regulierter Markt in Frankfurt, München; Freiverkehr in
Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart
End of News DGAP News-Service
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268564 15.05.2014
million for the first quarter of 2014, an increase of 9.5%. This growth is
the result of domestic demand growing by 6.7% and the continued expansion
in Europe outside of Germany and in the USA (+14.4%). Total revenue for the
Vehicle Rental Business Unit came to EUR 251.9 million, after EUR 231.3
million over the same period of last year (+8.9%).
The Business Unit's EBT climbed 13.5% to EUR 22.8 million (Q1 2013: EUR
20.2 million).
Leasing
Sixt Leasing is one of Germany's largest vendor-neutral, non-bank
full-service leasing companies, whose services extend not only to classic
finance leasing but also to a broad range of services for efficient fleet
management that reduce the customers' mobility costs.
As at the end of the first quarter of 2014 the Leasing Business Unit's
total number of leases in and outside Germany (excluding franchisees) was
79,600 and thus around 4% up on the figure at the end of 2013 (76,200). The
growth is essentially attributable to the expansion in the segments fleet
management and mobility consulting.
As a consequence of the expanded contract portfolio, the Leasing Business
Unit increased first quarter revenue by 4.8% to EUR 100.7 million (Q1 2013:
EUR 96.1 million). Because of lower proceeds from the sale of used
vehicles, the Leasing Business Unit's total revenue amounted to EUR 129.4
million or 3.7% less than the figure for the same quarter last year (Q1
2013: EUR 134.3 million). EBT for the Leasing Business Unit came to EUR 3.6
million after EUR 4.0 million in Q1 2013.
Further information
Frank Elsner
Sixt Central Press Office
T +49 (0)89/ 99 24 96 - 30
F +49 (0)89/ 99 24 96 - 32
Email: pressrelations@sixt.com
Note
Sixt SE's Interim Report as at 31 March 2014 can now be downloaded at
http://se.sixt.de/interimreport2014Q1.
End of Corporate News
---------------------------------------------------------------------
15.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and 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://se.sixt.de
ISIN: DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt
Namensaktien
WKN: 723132
Indices: SDAX
Listed: Regulierter Markt in Frankfurt, München; Freiverkehr in
Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart
End of News DGAP News-Service
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268564 15.05.2014
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