Sixt SE (SIX3.DE), on Wednesday, reported revenue of EUR1.08 billion, marking a 7.4% increase compared to the same period in 2024, driven by robust growth in its core business of short-term rentals.
Earnings before tax (EBT) surged to EUR107.3 million, representing a 70.8% year-over-year increase, largely reflecting strong revenue performance and a notable reduction in fleet holding costs.
EBITDA for the quarter stood at EUR353.1 million, reflecting an 8.1% decline from Q2 2024, hit by a higher proportion of leased vehicles in the fleet.
Sixt's average fleet size expanded to 197,800 vehicles, a 5.7% increase from the previous year. This growth was executed with efficiency and moderation, aligning with demand trends. Notably, the premium segment now comprises 54% of the fleet.
Looking ahead, Sixt has confirmed its full-year guidance for 2025. The company anticipates a revenue increase of 5%-10% compared to 2024 and expects to achieve an EBT margin of about 10%, signaling a substantial improvement over the prior year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.