Sixt rises on 'strong' 2023 guidance

Sixt SE

28/02/2023 14:33

** Shares in Sixt  SIXG.DE  jump 6.9% after the German
rental car company posted "strong" 2023 outlook above
expectations
    ** Sixt now expects EBIT in the range of 430 million euros
to 550 million euros for FY 2023, and sees a large increase in
the consolidated revenue compared to 2022
    ** "Strong '23 outlook, ahead of consensus," Jefferies says,
adding that the guidance comes as a surprise
    ** The company also announces it will propose a dividend of
4.11 euros per share
    ** The stock is among the best performers of German mid-cap
index  .MDAXI 
    
    
    ($1 = 0.9416 euros)


 (Reporting by Ozan Ergenay)
 ((ozan.ergenay@thomsonreuters.com))