21.10.2020 Sixt SE  DE0007231326

DGAP-Adhoc: Sixt generates positive earnings in the third quarter; in view of the currently drastically worsening effects of the COVID-19 pandemic, no forecast for financial year 2020 can be issued yet.


 

DGAP-Ad-hoc: Sixt SE / Key word(s): 9 Month figures
Sixt generates positive earnings in the third quarter; in view of the currently drastically worsening effects of the COVID-19 pandemic, no forecast for financial year 2020 can be issued yet.

21-Oct-2020 / 21:17 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt generates positive earnings in the third quarter; in view of the currently drastically worsening effects of the COVID-19 pandemic, no forecast for financial year 2020 can be issued yet.

Pullach, 21 October 2020 - According to the evaluation of preliminary business figures that was completed today, consolidated earnings before taxes (EBT) from continuing operations (excluding the discontinued Leasing business) for the first nine months of financial year 2020 are expected to amount to around EUR -57 million (previous year adjusted: EUR 260.0 million) and consolidated operating revenue is expected to amount to around EUR 1,171 million (previous year adjusted: EUR 1,908.3 million). Consolidated earnings before taxes (EBT) from continuing operations in the third quarter of 2020 are expected to amount to approximately EUR 66 million (previous year adjusted: EUR 146.6 million) and consolidated operating revenue is expected to amount to approximately EUR 460 million (previous year adjusted: EUR 778.2 million). The results from the discontinued Leasing business, in particular the one-time special effect from the sale of the investment in Sixt Leasing SE, which was closed in July 2020, are not included in the consolidated earnings before taxes (EBT) mentioned above. Of this amount, the shareholders of Sixt SE are entitled to profit after taxes of around EUR 65 million.

The positive consolidated earnings before taxes (EBT) in the third quarter of 2020 are in particular due to the travel restrictions, which were partially lifted or significantly reduced during these summer months when demand was strong, as well as the extensive cost-reduction measures both in the vehicle fleet and in other costs. Thanks to the consistent action taken, other costs of considerably more than EUR 200 million were saved in the first nine months, which already exceeds the target of EUR 150 million for the year as a whole.

The liquidity reserve at the end of the third quarter comprises around EUR 500 million cash and other unused financing, including a syndicated loan facility of up to EUR 1.4 billion that has not yet been drawn.

Due to the travel restrictions that have been drastically extended again in recent days and weeks, it is still not possible to foresee the extent to which business development will be affected by the effects of the COVID-19 pandemic. The resulting uncertainties for business operations remain very high. For this reason, the company is still unable to issue a forecast for the full financial year 2020.

As planned, Sixt SE will publish its Group quarterly statement for the period ended 30 September 2020 on 12 November 2020.

Note: "Consolidated operating revenue" is not a key figure in accordance with IFRS. Information on the composition of consolidated operating revenue is available in the 2019 Annual Report of Sixt SE on page 101 (available at https://ir.sixt.eu).

Contact:
Nicole Schillinger
Investor Relations
Sixt SE
Phone: +49 (0)89 74444-5104
e-mail: [email protected]


21-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at 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: [email protected]
Internet: http://ir.sixt.eu
ISIN: DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt Namensaktien, DE000A2BPDU2 Sixt-Anleihe 2016/2022, DE000A2G9HU0 Sixt-Anleihe 2018/2024
WKN: 723132
Indices: SDAX
Listed: Regulated Market in Frankfurt, Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1142298

 
End of Announcement DGAP News Service

1142298  21-Oct-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 2.602,73 2.929,53 3.306,50 1.532,09 2.282,45 3.066,18 3.620,50
EBITDA1,2 834,79 956,79 1.088,86 82,50 572,60 699,40 1.326,00
EBITDA-Marge3 32,07 32,66 32,93 5,38 25,09 22,81
EBIT1,4 325,08 373,05 379,67 -48,71 479,18 588,79 573,20
EBIT-Marge5 12,49 12,73 11,48 -3,18 20,99 19,20 15,83
Jahresüberschuss1 204,42 438,85 246,81 1,97 313,15 385,71 335,10
Netto-Marge6 7,85 14,98 7,46 0,13 13,72 12,58 9,26
Cashflow1,7 9,65 -346,40 -40,74 669,28 79,11 -201,58 0,00
Ergebnis je Aktie8 4,09 9,07 4,97 -0,73 6,66 8,21 7,14
Dividende8 4,00 2,15 0,00 0,00 3,70 6,11 1,65
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
Sixt ST
WKN Kurs in € Einschätzung Börsenwert in Mio. €
723132 92,450 Kaufen 3.934,62
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,56 15,78 0,73 17,88
KBV KCV KUV EV/EBITDA
2,39 - 1,09 5,14
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
6,11 3,90 4,22 12.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 08.08.2024 12.11.2024 27.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
3,12% -2,26% -8,65% -23,78%
    
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Logistik/Verkehr , 723132 , SIX2 , XETR:SIX2