Brief: Sixt Q3 EBT At EUR 246.9 Mln

Sixt SE

08/11/2023 06:43

Nov 8 (Reuters) - SIXT SE  SIXG.DE :
    * ONCE MORE SIXT ACHIEVES RECORD REVENUE, WHILST REACHING
OVER ONE
BILLION EUROS IN A SINGLE QUARTER FOR THE FIRST TIME
    * CONSOLIDATED EARNINGS BEFORE TAXES (EBT) OF EUR 246.9
MILLION IN
Q3 NEARLY 70% ABOVE FIGURES FOR Q3 FROM PRE-COVID RECORD YEAR
2019
    * 9-MONTH - IN SEGMENT GERMANY, REVENUE ROSE BY 24.9%
COMPARED TO
LAST YEAR IN FIRST NINE MONTHS OF YEAR TO EUR 801 MILLION
    * EXPECTS A STRONGER RESULT FOR Q4 OF 2023 THAN IN Q4 OF
2022,
WHICH WAS CHARACTERISED BY EXTENSIVE INVESTMENTS FOR LAUNCH OF
BROAD BRAND CAMPAIGN IN US
    * EXPECTS EARNINGS BEFORE TAXES (EBT) OF BETWEEN EUR 460 AND
500
MILLION FOR ENTIRE FISCAL YEAR OF 2023
    * THIS RANGE IS IN LINE WITH ANALYSTS' ESTIMATES AND IN LINE
WITH
PREVIOUS EBT FORECAST OF EUR 430 TO 550 MILLION

Source text for Eikon:  ID:nEQ8bpfSLa 
Further company coverage:  SIXG.DE 

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