Sixt Group Sees Higher Q2 Results

Sixt Group expects second quarter consolidated operating revenue to be about 498 million euros compared to 225.8 million euros reported last year.

Quarterly consolidated earnings before taxes (EBT) are expected to be about 78 million euros compared to negative 117.7 million euros reported last year.

The average of the analysts' estimates for the Sixt Group for the second quarter of 2021, which amount to 468 million euros for consolidated revenue and 61 million euros for EBT, are thus significantly exceeded for both figures.

For the financial year 2021, the company expects a consolidated operating revenue between 1.95 billion euros and 2.10 billion euros and consolidated earnings before taxes (EBT) for the financial year 2021 in the range between 190 million euros and 220 million euros.

The average of the analysts' estimates for the consolidated revenue of the Sixt Group for 2021 lies with 2.09 billion euros within the range of the forecast. The forecasted EBT range is above the market expectation of 187 million euros for EBT.

Sixt SE will publish its Group Interim Report as at 30 June 2021 as planned on 12 August 2021.

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