Ad-hoc 04 Nov 2013

Sixt posts above average result for third quarter and upgrades outlook for full year 2013

Sixt SE  / Key word(s): Quarter Results04.11.2013 17:24Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Pullach, 4 November 2013 - Business performance of the mobility serviceprovider Sixt SE clearly outstripped expectations in the third quarter of2013. According to preliminary figures, consolidated earnings before taxes(EBT) totalled around EUR 57 million in Q3 thanks to a combination ofresurging domestic demand in the Vehicle Rental unit's corporate andprivate customer business, continually strong international growth, and thestrong utilization of the rental fleet in conjunction with low refinancingcosts. This figure includes EUR 3.5 million in positive non-recurringeffects from the liquidation of interest rate futures contracts.Following business development during the third quarter and businessperformance recorded so far in the fourth quarter, the Managing Boardexpects consolidated EBT for the full fiscal year 2013 to outperform lastyear's total of EUR 118.6 million. The Board's previous projections hadassumed a marginally lower EBT. The Managing Board also now expects to seea slight growth in rental revenues.Sixt SE will publish its Interim Report as per 30 September 2013 asscheduled on 19 November 2013.Contact:Frank ElsnerSixt Central Press OfficeT +49 - 89 - 992 496 - 30F +49 - 89 - 992 496 - 32E-mail: pressrelations@sixt.com04.11.2013 DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at and Language:     EnglishCompany:      Sixt SE              Zugspitzstraße 1              82049 Pullach              GermanyPhone:        +49 (0)89 74444-5104Fax:          +49 (0)89 74444-85104E-mail:       investorrelations@sixt.comInternet:     http://se.sixt.deISIN:         DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt              NamensaktienWKN:          723132Indices:      SDAXListed:       Regulierter Markt in Frankfurt, München; Freiverkehr in              Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------
back to Investor Relations