Brief: Sixt FY Consolidated Revenue At EUR 3.07 Bln, Up 34.3%

Sixt SE

28/02/2023 15:36

Feb 28 (Reuters) - SIXT SE  SIXG.DE :
    * EQS-NEWS: SIXT STRONGER THAN EVER BEFORE IN 2022: RECORD
REVENUE
OF MORE THAN EUR 3 BILLION, EBT REACHES RECORD HIGH OF EUR 550
MILLION
    * CONSOLIDATED REVENUE UP BY A GOOD THIRD (+34.3%) COMPARED
TO
PREVIOUS YEAR TO EUR 3.07 BILLION, OUTPERFORMING PRE-COVID YEAR
2019* BY 22.6%
    * FY CONSOLIDATED EARNINGS BEFORE TAXES (EBT) REACH HISTORIC
HIGH
OF EUR 550.2 MILLION (+24.4%) AND, AT 17.9%, SIGNIFICANTLY
EXCEED BASE TARGET OF 10% RETURN ON INVESTMENT
    * DIVIDEND PROPOSAL: EUR 4.11 PER ORDINARY SHARE, EUR 4.13
PER
PREFERRED SHARE AND A SPECIAL DIVIDEND IN AMOUNT OF EUR 2.00 PER
ORDINARY SHARE AND PREFERRED SHARE
    * OUTLOOK 2023: SIXT EXPECTS ANOTHER VERY POSITIVE BUSINESS
YEAR
IN 2023: SIGNIFICANT INCREASE IN CONSOLIDATED REVENUE EXPECTED
AS WELL AS EBT OF 430 MILLION TO EUR 550 MILLION
    * OUTLOOK 2023: FOR Q1 OF 2023, SIXT EXPECTS TO SEE
CONSOLIDATED
REVENUES INCREASE BY 10 TO 25% COMPARED TO SAME QUARTER OF
PREVIOUS YEAR (Q1 2022: EUR 580.8 MILLION)
    * OUTLOOK 2023: ESTIMATES EARNINGS BEFORE TAXES (EBT) OF
BETWEEN
EUR 20 MILLION AND EUR 40 MILLION FOR Q1 OF 2023 (Q1 2022: EUR
93.5 MILLION)

Source text for Eikon:  ID:nEQ7gqGgZa 
Further company coverage:  SIXG.DE 

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