Brief: Sixt Expects Q1 2024 Consolidated EBT between EUR Minus 15 Mln and Minus 28 Mln

Sixt SE

29/02/2024 17:30

Feb 29 (Reuters) - SIXT SE  SIXG.DE :
    * BUSINESS PERFORMANCE IN THE FIRST QUARTER OF 2024 AND
PUBLICATION OF THE FORECAST FOR THE FULL YEAR 2024
    * EXPECTS CONSOLIDATED EARNINGS BEFORE TAXES (EBT) IN RANGE
OF EUR
MINUS 15 MILLION TO MINUS 28 MILLION FOR Q1 OF 2024 (Q1 2023:
EUR 33.3 MILLION)
    * EXPECTS A SIGNIFICANT INCREASE IN CONSOLIDATED REVENUE (Q1
2023:
EUR 695.1 MILLION)
    * FOR 2024 EXPECTS CONSOLIDATED EARNINGS BEFORE TAXES (EBT)
TO BE
BETWEEN EUR 400 MILLION AND EUR 520 MILLION (FINANCIAL YEAR
2023: EUR 464 MILLION; CONSENSUS 2024 (MARKET EXPECTATION): EUR
476 MILLION).
    * MANAGEMENT BOARD EXPECTS SIGNIFICANT GROWTH IN
CONSOLIDATED
REVENUE FOR FINANCIAL YEAR 2024 COMPARED TO PREVIOUS YEAR
(FINANCIAL YEAR 2023: EUR 3.62 BILLION; CONSENSUS 2024: EUR 3.77
BILLION)

Source text for Eikon:  ID:nEQ7KcvbTa 
Further company coverage:  SIXG.DE 

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