on Sixt Aktiengesellschaft (isin : DE0007231326)
SIXT Achieves Record Revenue in Second Quarter
Sixt Aktiengesellschaft has reported a record revenue of EUR 1.01 billion for the second quarter. This marks an 8.9% increase compared to the same quarter last year. The operating performance also saw a significant boost, with EBITDA rising by 13% to EUR 384.2 million.
Dr. Franz Weinberger, CFO of Sixt SE, highlighted the company's operational strength and resilience in a challenging market. Despite falling vehicle residual values, Sixt's earnings before taxes (EBT) reached EUR 62.9 million, a notable recovery from the first quarter's loss.
The outlook remains positive for Sixt, with projected full-year EBT expected to be between EUR 340 million and EUR 390 million. Continued high demand and strategic investments are expected to drive further growth in revenue and profitability.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Sixt Aktiengesellschaft news