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on Sixt Aktiengesellschaft (isin : DE0007231326)

SIXT Surpasses €4 Billion in Revenue for the First Time

Stock price chart of Sixt Aktiengesellschaft (EBR:SIX2) showing fluctuations.

In 2024, SIXT achieved a record revenue of €4 billion, marking a 10.5% increase from the previous year, with significant growth across all regions, particularly in North America where sales surged by 22.2%. Despite economic challenges, SIXT expanded its fleet to meet high demand, keeping it at an average of 184,300 vehicles.

The company's EBITDA rose by 10.1% to €1.46 billion, underscoring its efficient growth and robust business model. The earnings before taxes (EBT) concluded at €335.2 million, affected early on by declining vehicle residual values, especially in North America.

Looking forward, SIXT anticipates a further revenue increase between 5% and 10% in 2025 amidst a volatile economy. The company plans to maintain tight fleet management to ensure optimal utilization and bolster its EBT margin.

R. E.

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