Sixt SE Raises FY21 Forecast - Quick Facts

Sixt SE (SIXGF.PK) said its Managing Board has significantly raised previous forecast for fiscal 2021. The company said the reasons for this revision are in particular the development of the vacation business in Europe and the USA, which is significantly above the recent expectations, the continuation of an increased market price level compared to previous years, and the continued strict cost management.

For fiscal 2021, Sixt SE now expects a consolidated operating revenue between 2.00 billion euros and 2.20 billion euros (previously: between 1.95 billion euros and 2.10 billion euros). Earnings before taxes (EBT) is projected in the range between 300 million euros and 330 million euros (previously: between 190 million euros and 220 million euros).

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