Sixt Jumps In Pre: market trade after 'solid' FY

Sixt SE

04/03/2026 07:57

Corrects company description in the first bullet, updates share move and headline to reflect move after market open, removes reference to early Frankfurt trade

** German car hire company SIXT's SIXG.DE shares rise 6.1% after it reported "solid" FY and issued better 2026 EBT margin guidance

** The SDAX-listed company guides for 2026 EBT margin to be in the range of 10%, having reported that for 2025 at 9.4%, up from 8.4% yr ago

** "While FX... continues to drag the reported print, we see the print as a solid one, particularly given U.S. weakness in Q4," Jefferies wrote, noting new EBT guidance 2% ahead on mid-point

** The broker expects shares to rally given their underperformance since July - reaching near historic lows - and limited expectations for 2026

** SIXT shares have lost about 38% since July

($1 = 0.8604 euros)

 (Reporting by Danny Callaghan)

 ((Email: danny.callaghan@thomsonreuters.com))