Sixt SE: Group revenue of approx. EUR 580 million and Group EBT between EUR 80 million and EUR 95 million in Q1 2022
Pullach, 04 April 2022
Based on preliminary figures, the Sixt Group’s consolidated revenue for the first quarter of 2022 is expected to be approximately EUR 580 million (Q1 2021: EUR 330 million) and consolidated earnings before taxes (EBT) are expected to be between EUR 80 million and EUR 95 million (Q1 2021: EUR -14 million).
In the same quarter of the previous year, the business activities of the Sixt Group were significantly affected by pandemic-related restrictions on travel, particularly in Europe. An improvement of the business development in the first quarter of 2022 compared to the same quarter of the previous year was already foreseeable before the beginning of the year. The preliminary figures solidify this expectation and show a strong first quarter of 2022, which takes up on the positive development of the previous quarters. The key influencing factor is the persistently good market price level.
The forecast for the financial year 2022 published in the Annual Report 2021, with the uncertainties mentioned therein (in particular the development of the war in Ukraine and the consequences thereof), continues to apply unchanged.
Sixt SE will publish the consolidated quarterly statement as of 31 March 2022 as planned on 12 May 2022.
Head of Investor Relations
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