Ad-hoc 21 Oct 2016

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 Forecast21.10.2016 10:31Disclosure 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.---------------------------------------------------------------------------Sixt posts above average result for third quarter and upgrades outlook forfull year 2016Pullach, 21 October 2016 - Business performance of the mobility serviceprovider Sixt SE in the third quarter of 2016 was significantly above lastyear. According to an analysis of preliminary figures for the third quarter2016 concluded today, consolidated earnings before taxes (EBT) are expectedto total around EUR 90 million (Q3 2015: EUR 79.0 million). The significantincrease is mainly based on a strongly increased demand in the VehicleRental Unit outside of Germany in conjunction with strong utilization ofthe rental fleet and lower refinancing costs.As a consequence of the business development during the third quarter andbusiness performance recorded so far in the fourth quarter the ManagingBoard expects consolidated EBT for the full fiscal year 2016 to amount toat least EUR 200 million and, thus to significantly outperform last year'stotal of EUR 185.2 million. With regard to the consolidated operatingrevenue for the full year (2015: EUR 1,939 million) the Managing Board nowalso expects a significant growth. The Board's previous projections hadassumed a stable to slightly higher EBT and slightly higher consolidatedoperating revenue.Sixt SE will publish its Group Quarterly Statement as at 30 September 2016as scheduled on 17 November 2016.Person making the notification: Dieter Hanel, Investor Relations Sixt SENote: 'consolidated operating revenue' is not a financial term according toIFRS. Information regarding the composition of the consolidated operatingrevenue can be found in the Annual Report 2015 of Sixt SE on p. 27(available at https://ir.sixt.eu).Contact:Frank ElsnerSixt Central Press OfficeTel.: +49 (0)89 / 99 24 96 - 30Fax: +49 (0)89 / 99 24 96 - 32E-mail: pressrelations@sixt.com21.10.2016 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Archive at www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      Sixt SE              Zugspitzstraße 1              82049 Pullach              GermanyPhone:        +49 (0)89 74444-5104Fax:          +49 (0)89 74444-85104E-mail:       investorrelations@sixt.comInternet:     http://ir.sixt.deISIN:         DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt              Namensaktien, DE000A1E8V89 Sixt-Anleihe 2010/2016,              DE000A1PGPF8 Sixt-Anleihe 2012/2018, DE000A11QGR9              Sixt-Anleihe 2014/2020WKN:          723132Indices:      SDAXListed:       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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