DGAP-News: Sixt SE / Key word(s): Quarter Results/Forecast 
Sixt SE: Sixt SE significantly exceeds market expectations in the second quarter of 2021 despite ongoing pandemic with 
EBT of approx. EUR 78 million and issues forecast for the current financial year 
2021-07-20 / 16:45 
The issuer is solely responsible for the content of this announcement. 
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Sixt SE significantly exceeds market expectations in the second quarter of 2021 despite ongoing pandemic with earnings 
before taxes (EBT) of approx. EUR 78 million and issues forecast for the current financial year 
  . Preliminary figures exceed market expectations significantly in terms of revenue and earnings 
  . Consolidated operating revenue in the second quarter of 2021 more than doubled year-on-year and only 20% lower than 
    in the second quarter of 2019 
  . In particular, strong US business, increasing demand in Europe and continuing cost management lead to very 
    successful second quarter 
  . Despite ongoing uncertainty especially regarding the fourth quarter, the Management Board of Sixt SE today issued a 
    forecast for financial year 2021 for the first time since the outbreak of the pandemic 
  . Co-CEO Alexander Sixt: "The second quarter developed extremely positively, with EBT of around EUR 78 million well 
    above market expectations. Despite continuing uncertainties, especially for the fourth quarter, we currently expect 
    the positive trend to continue. For the current financial year, we therefore expect EBT of between EUR 190 million 
    and EUR 220 million, which is also above market expectations, and consolidated operating revenue of between EUR 
    1.95 billion and EUR 2.10 billion." 
Pullach, 20 July 2021 - Despite the ongoing COVID-19 pandemic, the Sixt Group's business performance in the second 
quarter of 2021 was positive and exceeded market expectations. Based on preliminary figures, earnings before taxes 
(EBT) improved to approx. EUR 78 million in the quarter from April to June. Consolidated operating revenue in the 
second quarter of 2021 of approx. EUR 498 million more than doubled year-on-year (EUR 225.8 million) but was 20% lower 
than consolidated operating revenue in the second quarter of 2019 (EUR 625.7 million). SIXT thus exceeded analysts' 
estimates for the second quarter, which on average had assumed EBT of EUR 61 million and consolidated revenue of EUR 
468 million. 
This result is due in particular to the positive business development and the increased price level in the United 
States and Europe, the noticeable recovery of business in Europe as a result of the reduction of pandemic-related 
restrictions as well as SIXT's continuing cost management. 
SIXT issues forecast for the full year 2021 for the first time 
So far, Sixt SE had not been able to issue a forecast for 2021 due to the very high uncertainties regarding the future 
course of the COVID-19 pandemic. Based on the figures for the first quarter, the evaluation of the preliminary figures 
for the second quarter as well as up to date information on the current course of business, the Management Board of 
Sixt SE today for the first time issued a forecast for 2021: For financial year 2021, the Management Board expects EBT 
in the range between EUR 190 million and EUR 220 million (2020 (from continuing operations): EUR -81.5 million) and 
consolidated operating revenue in the range between EUR 1.95 billion and EUR 2.10 billion (2020: EUR 1.52 billion). The 
average of the analysts' estimates for the consolidated revenue of the Sixt Group for 2021 of EUR 2.09 billion is 
within the range of the forecast. However, the EBT range forecasted for 2021 is above the market expectation of EUR 187 
million. 
The forecast for financial year 2021 was prepared on the basis of the current market environment and is based in 
particular on the assumptions that the further course of the COVID-19 pandemic will not again lead to more far-reaching 
restrictions on travel, that the price level in the United States and Europe will stay on current levels and that the 
supply shortages for vehicles as a result of the semiconductor crisis will not worsen. 
Alexander Sixt, Co-CEO of Sixt SE: "The second quarter developed extremely positively, with EBT of around EUR 78 
million well above market expectations. Despite continuing uncertainties, especially for the fourth quarter, we 
currently expect the positive trend to continue. For the current financial year, we therefore expect EBT in the range 
between EUR 190 million and EUR 220 million, which is also above market expectations, and consolidated operating 
revenue in the range between EUR 1.95 billion and EUR 2.10 billion. The forecast for the financial year 2021 was 
prepared on the basis of the current market environment and is based in particular on the assumptions that the further 
course of the COVID-19 pandemic will not again lead to more far-reaching restrictions on travel, that the price level 
in the United States and Europe will stay on current levels and that the supply shortages for vehicles as a result of 
the semiconductor crisis will not worsen. This very positive business development clearly demonstrates the unbroken 
urge of people to be mobile again and to travel as soon as possible. Our performance in the second quarter also shows 
that the strategic decisions we made during the crisis, such as the acquisitions we made in the United States and the 
launch of our SIXT+ car subscription, are now having an impact. Above all, however, our success is the result of the 
tireless efforts of our employees, for which I would like to express my sincere thanks on behalf of the entire 
Management Board." 
Prof. Dr. Kai Andrejewski, CFO of Sixt SE: "Not least thanks to our solid financing structure, Sixt SE was able to 
successfully implement measures to counter the effects of the pandemic on its own. Despite continuing uncertainties, we 
can now issue a forecast for the full year 2021. This forecast assumes a continued positive business development and is 
in regards of EBT above the average of the analysts' estimates." 
Sixt SE will publish its Group Interim Report as at 30 June 2021 as planned on 12 August 2021. 
About SIXT 
Sixt SE with its registered office in Pullach near Munich, is a leading international provider of high-quality mobility 
services. With its products SIXT rent, SIXT share, SIXT ride and SIXT+ the company offers a uniquely integrated premium 
mobility service across the fields of vehicle and commercial vehicle rental, car sharing, ride hailing and car 
subscriptions. The products can be booked through one single app, which also integrates the services of its renowned 
mobility partners. SIXT has a presence in around 110 countries around the globe. The company is characterized by 
consistent customer orientation and excellent customer experience, a living culture of innovation with strong 
technological expertise, the high share of premium vehicles in its fleet and an attractive price-performance ratio. The 
Sixt Group doubled its revenue since 2009 and generated revenues of EUR 3.31 billion in 2019 and is ranked as one of 
the most profitable mobility companies in the world. In 2020, SIXT generated consolidated revenues of EUR 1.53 billion 
despite travel and outbound restrictions due to the COVID-19 pandemic and reported a positive consolidated net income 
of EUR 2 million after cost savings of approximately EUR 600 million among others. Sixt SE is the parent company of the 
Group and has been listed on the Frankfurt stock exchange since 1986 (ISIN ordinary share: DE0007231326, ISIN 
preference share: DE0007231334). https://about.sixt.com 
Press contact 
Sixt SE 
Kathrin Greven 
Sixt Central Press Office 
Phone: +49 - (0)89 - 74444 6700 
Email: pressrelations@sixt.com 
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2021-07-20 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Sixt SE 
              Zugspitzstraße 1 
              82049 Pullach 
              Germany 
Phone:        +49 (0)89 74444-5104 
Fax:          +49 (0)89 74444-85104 
E-mail:       investorrelations@sixt.com 
Internet:     http://ir.sixt.eu 
ISIN:         DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt Namensaktien, DE000A2BPDU2 Sixt-Anleihe 2016/ 
              2022, DE000A2G9HU0 Sixt-Anleihe 2018/2024, DE000A3H2UX0 Sixt-Anleihe 2020/2024 
WKN:          723132 
Indices:      SDAX 
Listed:       Regulated Market in Frankfurt, Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, 
              Hanover, Stuttgart, Tradegate Exchange 
EQS News ID:  1220396 
 
End of News   DGAP News Service 
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1220396 2021-07-20


 
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July 20, 2021 10:45 ET (14:45 GMT)