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05/06/2020

Sixt Leasing SE: Managing Board and Supervisory Board propose a dividend of EUR 0.90 per Sixt Leasing share

Sixt Leasing SE / Key word(s): Dividend
Sixt Leasing SE: Managing Board and Supervisory Board propose a dividend of EUR 0.90 per Sixt Leasing share

06-May-2020 / 18:28 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE: Managing Board and Supervisory Board propose a dividend of EUR 0.90 per Sixt Leasing share

Pullach, 06 May 2020 - The Managing Board and Supervisory Board of Sixt Leasing SE propose to the shareholders a dividend of EUR 0.90 per Sixt Leasing share for the fiscal year 2019 (previous year: EUR 0.48). Sixt Leasing Group has achieved in the fiscal year 2019 a consolidated profit of EUR 22 million and consolidated earnings per share of EUR 1.04. The balance sheet profit of Sixt Leasing SE according to German GAAP (HGB) amounts to EUR 40.3 million and thus corresponds to EUR 1.96 per share. With its dividend decision, Managing Board and Supervisory Board confirm the dividend expectations of the shareholders as deriving from the sale of Sixt SE's stake in the company and the associated voluntary public takeover bid by Hyundai Capital Bank Europe GmbH. The Managing Board and Supervisory Board based their dividend proposal on the up to date business, investment and liquidity planning of the company, which already has been adjusted to the expected economic and financial effects of the COVID-19 situation on the markets and the operations of Sixt Leasing SE.

Contact:
Stefan Vogel
Investor Relations
email: ir@sixt-leasing.com
phone: +49 89 74444 4518


06-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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03/20/2020

Sixt Leasing SE: Preliminary group results for 2019, expected business development in Q1 2020, forecast for 2020 and with-drawal of medium-term forecast

Sixt Leasing SE / Key word(s): Forecast/Quarter Results
Sixt Leasing SE: Preliminary group results for 2019, expected business development in Q1 2020, forecast for 2020 and with-drawal of medium-term forecast

20-March-2020 / 18:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE: Preliminary group results for 2019, expected business development in Q1 2020, forecast for 2020 and withdrawal of medium-term forecast

Pullach, 20 March 2020 - Sixt Leasing SE announces its preliminary and unaudited consolidated results (IFRS) for its 2019 financial year. According to these figures, the group's contract portfolio as of 31 December 2019 has increased considerably by around 5% in comparison to the corresponding previous year to 136.200 contracts (previous year: 129.700 contracts). Consolidated operating revenue (excluding sales revenue) declined by 2.6% to around EUR 468.2 million (previous year: EUR 480.5 million) and consolidated earnings before taxes (EBT) by 4% to around EUR 29.3 million (previous year: EUR 30.5 million). Business development thus met the expectations of the Management Board according to the forecast for the 2019 financial year, which was adjusted in October 2019.

However, according to current estimates by the Management Board, consolidated earnings before taxes (EBT) for the first quarter of 2020 are expected to decline substantially compared to the same period of the previous year (EBT Q1 2019: EUR 7.0 million). This estimate takes into account the internal accounting status including February 2020 and the expected development in March.

The forecast for the current 2020 financial year adopted by the Management Board today falls short of current market expectations and the underlying analyst consensus. Accordingly, compared with the preliminary figures for the 2019 financial year and taking into account the business development in 2020 to date, the Management Board expects a slight increase in the group's contract portfolio and a consolidated operating revenue approximately on the previous year's level. With regard to EBT, the Management Board expects it to be substantially lower than in the previous year.

The reason for the expected decline in Q1 2020 and the cautious forecast for the full year 2020 is, in addition to the current operating business development in the financial year 2020, above all the current national and international development of the COVID-19 situation. In this respect, the company assumes an at least temporary deterioration of the market and business environment and expects a recovery of the business development in the second half of the year. In addition, the consolidated net results in the 2020 fiscal year will be burdened by costs of the company related to the takeover offer of Hyundai Capital Bank Europe GmbH in the low single-digit million euro range, which are independent from its completion and will be incurred to a significant extent already in Q1 2020.

If the above transaction is successfully completed, which is expected in the second half of 2020, further one-off costs of the company (e.g. IT expenses, consulting fees and bonuses) in the high single-digit million euro range are also expected in 2020.

Due to the above-mentioned uncertainties, the Management Board is currently unable to make a more precise and reliable assessment of the medium-term business development. The Management Board is therefore withdrawing its medium-term forecast published on 13 March 2019 and, under the current circumstances, refrains from issuing a new medium-term forecast until further notice.

As planned, Sixt Leasing SE will report in detail on the preliminary figures for the 2019 financial year on 25 March 2020 and publish its quarterly Q1 2020 statement on 12 May 2020.

Note: "Consolidated operating revenue" is not a financial figure according to IFRS. Information on the composition of consolidated operating revenues can be found on page 47 of the Sixt Leasing SE annual report 2018 (available at https://ir.sixt-leasing.com).

All information in this release regarding the 2019 fiscal year is based on still preliminary figures which are subject to changes. The complete and audited Annual Report 2019 will be published as planned on 29 April 2020.

Contact:
Stefan Kraus
Investor Relations
E-mail: ir@sixt-leasing.com
Tel: +49 89 74444 4518


20-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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02/21/2020

Sixt Leasing SE: Hyundai Capital Bank Europe GmbH concludes agreement with Sixt SE on the purchase of Sixt SE's stake in Sixt Leasing SE and announces voluntary public takeover offer for all shares of Sixt Leasing SE

Sixt Leasing SE / Key word(s): Investment/Mergers & Acquisitions
Sixt Leasing SE: Hyundai Capital Bank Europe GmbH concludes agreement with Sixt SE on the purchase of Sixt SE's stake in Sixt Leasing SE and announces voluntary public takeover offer for all shares of Sixt Leasing SE

21-Feb-2020 / 17:44 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE: Hyundai Capital Bank Europe GmbH concludes agreement with Sixt SE on the purchase of Sixt SE's stake in Sixt Leasing SE and announces voluntary public takeover offer for all shares of Sixt Leasing SE

Pullach, 21 February 2020 - Hyundai Capital Bank Europe GmbH (the 'Bidder'), a joint venture between Santander Consumer Bank and Hyundai Capital Services, today signed a share purchase agreement with Sixt SE on the acquisition of all shares (Aktien) that Sixt SE holds in Sixt Leasing SE against payment of a purchase price of EUR 18.00 for each share in Sixt Leasing SE. The shares in Sixt Leasing SE sold under such share purchase agreement are representing approx. 41.9 percent of Sixt Leasing SE's registered share capital (Grundkapital). If the share purchase agreement is still closed prior to this year's annual general meeting (ordentliche Hauptversammlung) of Sixt Leasing SE, the purchase price will be increased, depending on the consolidated profit (Konzernüberschuss) for the financial year 2019 as stated in the audited consolidated financial statements of Sixt Leasing SE, by up to EUR 0.90 per sold share in Sixt Leasing SE.

Subsequently, the bidder announced today that it had decided to make a voluntary public takeover offer to all shareholders in Sixt Leasing SE, to acquire the remaining shares in Sixt Leasing SE against payment of a cash consideration in the amount of EUR 18.00 per share. The closing of the share purchase agreement is subject to, amongst others, the reaching of the 55% minimum acceptance threshold in the voluntary public takeover offer whereas the aforementioned shares to be acquired under the share purchase agreement will count against the aforementioned minimum acceptance threshold, as well as certain merger control and other regulatory clearances.

If the voluntary takeover offer is settled prior to this year's annual general meeting of Sixt Leasing SE, the cash consideration will be increased, depending on the consolidated profit for the financial year 2019 as stated in the audited consolidated annual accounts of Sixt Leasing SE, by up to EUR 0.90 per tendered share in Sixt Leasing SE.

In this context, Sixt SE has informed Sixt Leasing SE of a dividend expectation of up to EUR 0.90 per share for the 2019 financial year, subject to a sufficient unappropriated profit (Bilanzgewinn nach HGB).

The voluntary public takeover offer will be made subject to the completion conditions set out in the offer document, amongst others, certain merger control and other regulatory clearances, a minimum acceptance threshold of 55 % of Sixt Leasing Shares and other customary closing conditions.

The offer document will be published at a later date by the Bidder in line with the stipulations of WpÜG (German Law on Securities Acquisition and Takeovers), following approval by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin). The Managing Board and Supervisory Board of Sixt Leasing SE will assess the offer and provide and publish a reasoned statement on the offer following publication of the offer document and in compliance with their legal obligations.

Due to costs relating to the above referred transaction and in absence of specific information of the details of the voluntary public takeover offer that has been announced, Sixt Leasing SE cannot yet provide a reliable estimate of the effects this announced takeover offer and its completion will have on Sixt Leasing SE's financial position, net assets and earnings situation, either this year or in the years to follow. The mid-term outlook published on 13 March 2019 is therefore subject to a possible adjustment.

Contact:

Stefan Kraus
Investor Relations
E-mail: ir@sixt-leasing.com
Tel.: +49 89 74444 4518

 

Important Note:

This announcement is neither an offer to purchase nor a request to submit an offer to sell shares in Sixt Leasing SE. The bidder's offer and its final terms and conditions, as well as any other regulations affecting the offer, will only be announced in the offer document once the publication of the offer document has been approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin). Investors and owners of shares in Sixt Leasing SE are urgently advised to read the offer document carefully along with any other documents connected to the offer, as soon as they are announced, as they will contain important information.

 


21-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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02/19/2020

Statement of Sixt Leasing SE regarding reports on a proposed disposal of the participation of Sixt SE in Sixt Leasing SE

Sixt Leasing SE / Key word(s): Mergers & Acquisitions/Investment
Statement of Sixt Leasing SE regarding reports on a proposed disposal of the participation of Sixt SE in Sixt Leasing SE

19-Feb-2020 / 12:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Statement of Sixt Leasing SE regarding reports on a proposed disposal of the participation of Sixt SE in Sixt Leasing SE

Pullach, 19 February 2020 - With a view to respective media reports published today, Sixt Leasing SE confirms that Sixt SE is in negotiations with Hyundai Capital Bank Europe GmbH, a joint venture between Santander Consumer Bank Aktiengesellschaft and Hyundai Capital Services Inc., regarding the sale of its participation in Sixt Leasing SE to Hyundai Capital Bank Europe GmbH. The proposed sales price amounts to EUR 18.00 per share in Sixt Leasing SE plus dividend of Sixt Leasing SE for the financial year 2019. To the knowledge of the management board of Sixt Leasing SE, Hyundai Capital Bank Europe GmbH considers to publish a corresponding voluntary public tender offer with regard to the remaining shares in Sixt Leasing SE.

A final decision on a disposal of such participation has to the knowledge of the management board of Sixt Leasing SE not been made so far.

A further announcement will be made if and when appropriate.

--
Contact:
Stefan Kraus
Investor Relations
Email: ir@sixt-leasing.com
Tel: +49 89 74444 4518

19-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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10/22/2019

Sixt Leasing SE adjusts guidance for financial year 2019

Sixt Leasing SE / Key word(s): Change in Forecast
Sixt Leasing SE adjusts guidance for financial year 2019

22-Oct-2019 / 18:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE adjusts guidance for financial year 2019

  • Guidance for Group contract portfolio as of year-end raised, especially due to acquisition of fleet management company Flottenmeister GmbH
  • Guidance for consolidated operating revenue und EBT in financial year 2019 adjusted slightly downwards

Pullach, 22 October 2019 - On the basis of an internal analysis of preliminary key figures of the third quarter of 2019 completed today and an updated forecast for full-year 2019, the Managing Board of Sixt Leasing SE adjusts its full-year guidance for the Group's contract portfolio, consolidated operating revenue and consolidated earnings before taxes (EBT).

The Managing Board now expects the Group's contract portfolio at year-end to significantly increase compared to the previous year (year-end 2018: 129,700 contracts). So far, only a slight increase of the Group's contract portfolio has been forecasted. The adjustment takes into account the agreed acquisition of all shares of Flottenmeister GmbH by Sixt Mobility Consulting GmbH, a wholly owned subsidiary of Sixt Leasing SE. The independent fleet manager, which is also based in Pullach, near Munich, is managing over 7,000 company cars as of the end of September 2019. Sixt Mobility Consulting is thus further expanding its market position in Germany.

Consolidated operating revenue in financial year 2019 is now expected in the range of EUR 465 million (2018: EUR 480.5 million). So far, the Managing Board has assumed the consolidated operating revenue to approximately reach the previous year's level. The correction is essentially attributable to a weaker than expected business performance especially in the Fleet Leasing business field.

In terms of consolidated earnings before taxes (EBT) in the financial year 2019, the Managing Board now expects a figure in the range of EUR 29 million. So far, EBT was expected to approximately reach the previous year's level (2018: EUR 30.5 million). The adjustment is particularly due to lower than expected proceeds from remarketing of car returns from the Fleet Leasing business in Q3.

The Group Quarterly Statement as of 30 September 2019 will be published on 12 November 2019, as planned.

Note: 'Consolidated operating revenue' is a non-IFRS figure. Information on the composition of consolidated operating revenue is available in the Annual Report 2018 of Sixt Leasing SE on page 100 (available under ir.sixt-leasing.com).


Contact:
Stefan Kraus
Investor Relations
Email: ir@sixt-leasing.com
Tel: +49 89 74444 4518

22-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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03/13/2019

Sixt Leasing SE: Sixt Leasing SE: Adjustment of medium-term outlook and announcement of forecast for 2019

Sixt Leasing SE / Key word(s): Change in Forecast/Forecast
Sixt Leasing SE: Sixt Leasing SE: Adjustment of medium-term outlook and announcement of forecast for 2019

13-March-2019 / 20:25 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE: Adjustment of medium-term outlook and announcement of forecast for 2019

  • Medium-term outlook: Targeting around 200,000 contracts in the Group's contract portfolio by the end of 2021 with operating revenue of around EUR 650 million and EBT of EUR 40 to 45 million for the 2021 financial year
  • Forecast 2019: Slight increase of Group contract portfolio; operating revenue and EBT at around the previous year's levels
Pullach, 13 March 2019 - On the basis of the current multi-year plan which was resolved today with the approval of the Supervisory Board, the Managing Board of Sixt Leasing SE adjusts the medium-term outlook for 2021 and announces its forecast for business development in the current financial year.

Medium-term outlook for 2021

By the end of 2021, the Managing Board now expects the Group's contract portfolio to total around 200,000 contracts. So far, the company had assumed more than 220,000 contracts. The adjustment is due in particular to weaker new leasing business in the past 2018 financial year and changed market expectations in the Online Retail business field. Nevertheless, the company continues to expect very strong growth in the Online Retail and Fleet Management business fields in the medium term. The company now aims to generate consolidated operating revenue of around EUR 650 million in the 2021 financial year. Previously, the Managing Board had assumed a target of around EUR 700 million. With regard to consolidated earnings before taxes (EBT), the Managing Board now expects a figure in the range of EUR 40 to 45 million for the 2021 financial year. The previous target was around EUR 50 million.

Forecast for business development in 2019

For the current 2019 financial year, the Managing Board is forecasting a slight increase of the Group's contract portfolio (as of the end of 2018: 129,700 contracts) as well as consolidated operating revenue (2018: EUR 480.5 million) and consolidated earnings before taxes (EBT) (2018: EUR 30.5 million) both at around the previous year's level. For the first half of 2019, business development is expected to be significantly weaker than in the same period of the previous year as well as the expected business development in the second half of 2019.

Note:

'Consolidated operating revenue' is a non-IFRS figure. Information on the composition of the consolidated operating revenue is available in the Annual Report 2017 of Sixt Leasing SE on page 102 (available under ir.sixt-leasing.com).

In addition to the Group's contract portfolio, consolidated operating revenue and consolidated earnings before taxes (EBT), the company will no longer publish separate targets for the contract portfolio of the individual business fields, consolidated revenue and consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) and will therefore no longer adhere to the targets published in the past for 2021.

--
Contact:
Stefan Kraus
Investor Relations
Email: ir@sixt-leasing.com
Tel: +49 89 74444 4518

13-March-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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01/23/2019

​Sixt Leasing SE: Consolidated operating revenue of fiscal year 2018 increases by 5.7 per cent to EUR 480.5 million based on preliminary figures - Earnings development in line with expectations

Sixt Leasing SE / Key word(s): Annual Results/Preliminary Results
​Sixt Leasing SE: Consolidated operating revenue of fiscal year 2018 increases by 5.7 per cent to EUR 480.5 million based on preliminary figures - Earnings development in line with expectations

23-Jan-2019 / 18:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE: Consolidated operating revenue of fiscal year 2018 increases by 5.7 per cent to EUR 480.5 million based on preliminary figures - Earnings development in line with expectations


Pullach, 23 January 2019 - After internal analysis of preliminary key figures of the fiscal year 2018 completed today, consolidated revenue of the Sixt Leasing Group increased by 5.7 per cent compared to the previous year to EUR 480.5 million (2017: EUR 454.4 million). So far, the Managing Board of Sixt Leasing SE expected a slight increase. The slightly higher than expected increase of operating revenue is, among others, due to higher revenue from resold fuels.

Consolidated revenue in the fiscal year 2018 rose to EUR 805.8 million (2017: EUR 744.0 million). Earnings before interest, taxes, depreciation and amortisation (EBITDA) improved slightly to EUR 240.8 million (2017: EUR 234.3 million). As expected, earnings before taxes (EBT) remained at around the previous year's level, totalling EUR 30.5 million (2017: EUR 29.7 million). Operating return on revenue amounted to 6.4 per cent und was thus slightly above the long-term target of 6.0 per cent (2017: 6.5 per cent).

The contract portfolio of the Sixt Leasing Group (without franchise and cooperation partners) as of 31 December 2018 reached 129,700 contracts and thus, as expected, remained at around the previous year's level (31 December 2017: 132,900 contracts).

In the Online Retail business field, a little bit over 10,000 new contracts were concluded in the fiscal year 2018 (2017: around 12,000 new contracts adjusted by the contract conclusions from the 1&1 campaign). The guidance was at 10,000-12,000 new contracts. Hence, the contract portfolio of the Online Retail business field as of 31 December 2018 totalled 44,700 contracts (31 December 2017: 45,400 contracts).

In the Fleet Leasing business field, as expected, the contract portfolio as of 31 December 2018 declined to 43,000 contracts (31 December 2017: 48,100 contracts).

The contract portfolio of the Fleet Management business unit performed better than expected and rose by 6.6 per cent to 42,000 contracts due to a strong fourth quarter (31 December 2017: 39,400 contracts). The Company had only expected a slight increase here.

All information in this release is based on still preliminary key figures on the business development in the 2018 fiscal year. The complete set of preliminary figures will be published as planned on 14 March 2019.

Note: 'Consolidated operating revenue' and 'operating return on revenue' are non-IFRS figures. Information on the composition of the Group's operating revenue and the calculation of the operating return on revenue are available in the Annual Report 2017 of Sixt Leasing SE on page 100 (available under ir.sixt-leasing.com).

--
Contact:
Stefan Kraus
Investor Relations
Email: ir@sixt-leasing.com
Tel: +49 89 74444 4518

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10/30/2018

Sixt Leasing SE - Changes in the Managing Board: Michael Martin Ruhl (47) appointed as new CEO effective from 1 January 2019

Sixt Leasing SE / Key word(s): Change of Personnel
Sixt Leasing SE - Changes in the Managing Board: Michael Martin Ruhl (47) appointed as new CEO effective from 1 January 2019

30-Oct-2018 / 18:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE - Changes in the Managing Board: Michael Martin Ruhl (47) appointed as new CEO effective from 1 January 2019

Pullach, 30 October 2018 - The Supervisory Board of Sixt Leasing SE today appointed Mr Michael Martin Ruhl (47) as Chief Executive Officer (CEO) of Sixt Leasing SE effective from 1 January 2019. He will take over the CEO position from Mr Thomas Spiegelhalter, who asked the Supervisory Board to terminate his contract early as of 31 December 2018. The Supervisory Board has complied with this request today.

Michael Martin Ruhl is currently Managing Director of Hannover Leasing GmbH & Co. KG, where he is responsible for equity sales to investors. The company manages more than 200 investments and mutual funds with a total asset value of around 10 billion euros.

Contact:
Sixt Leasing SE
Investor Relations
Stefan Kraus
+49 89 74444 4518
ir@sixt-leasing.com


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09/21/2018

Sixt Leasing SE expects the Group's contract portfolio as of year-end now to be at the level of the previous year; Forecasts regarding revenue and earnings confirmed

Sixt Leasing SE / Key word(s): Change in Forecast
Sixt Leasing SE expects the Group's contract portfolio as of year-end now to be at the level of the previous year; Forecasts regarding revenue and earnings confirmed

21-Sep-2018 / 22:47 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE expects the Group's contract portfolio as of year-end now to be at the level of the previous year; Forecasts regarding revenue and earnings confirmed

Pullach, 21 September 2018 - After today's conclusion of an analysis of the development of the contract numbers for the period January through August 2018 and an updated forecast for the two business units Leasing (Fleet Leasing and Online Retail) and Fleet Management, the Managing Board of Sixt Leasing SE expects the Group's contract portfolio regarding both business units as of year-end to be approximately at the level of the previous year. Previously, a slight increase of the Group's contract portfolio was forecasted.

With respect to the Online Retail business field, the Company now expects the number of new contracts in the full-year 2018 to amount to 10,000 to 12,000. Previously, the Managing Board expected an increase in new business by approximately 20 per cent compared to the adjusted number of approximately 12,000 new contracts in the previous year (not taking into account the 1&1 campaign). In the Fleet Leasing business field, a contract portfolio as of year-end of approximately 43,000 contracts is expected (2017: 48,100 contracts). Previously, the Managing Board expected a slight decrease of the contract portfolio. The forecast for the contract portfolio in the Fleet Management business unit remains unchanged.

The Company believes that the adjustment of the forecast for the Online Retail business field is, among others, caused by the postponement of an advertisement campaign, which was planned for the fourth quarter of 2018, to the following year. Moreover, a lower demand following the still tense supply situation with respect to certain manufacturers due to the transition of the emission measurement procedure of vehicles to the WLTP standard and a still burdening market environment due to the diesel discussion had an effect. The main reason for the decrease in the Fleet Leasing business field is the unexpected drop-out of a volume customer.

Nevertheless, with respect to the full-year 2018, the Company continues to expect a slight increase in consolidated operating revenue (2017: EUR 454.4 million) and consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA; 2017: EUR 234.3 million) and to expect consolidated earnings before taxes (EBT) to be approximately at the level of the previous year (2017: EUR 29.7 million). Also, the target for the operating return on revenue remains unchanged at 6.0 per cent (2017: 6.5 per cent). The Company expects the Group's contract portfolio at the end of the current year to be approximately at the level of the previous year (2017: 132,900 contracts)

Note: 'Consolidated operating revenue' and 'operating return on revenue' are non-IFRS figures. Information on the composition of the Group's operating revenue and the calculation of the operating return on revenue are available in the Annual Report 2017 of Sixt Leasing SE on page 100 (available under ir.sixt-leasing.com).


Contact:
Stefan Kraus
Investor Relations
Email: stefan.kraus@sixt-leasing.com
Tel: +49 89 74444 4518

21-Sep-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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10/19/2017

Sixt Leasing SE: Managing Board adjusts earnings forecast for full-year to around EUR 30 million (previous year: EUR 31.6 million) - Preliminary earnings before taxes in the first nine months 2017 of around EUR 21 million (previous year: EUR 23.9 million)

Sixt Leasing SE / Key word(s): 9-month figures/Change in Forecast
Sixt Leasing SE: Managing Board adjusts earnings forecast for full-year to around EUR 30 million (previous year: EUR 31.6 million) - Preliminary earnings before taxes in the first nine months 2017 of around EUR 21 million (previous year: EUR 23.9 million)

19-Oct-2017 / 20:19 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Sixt Leasing SE: Managing Board adjusts earnings forecast for full-year to around EUR 30 million (previous year: EUR 31.6 million) - Preliminary earnings before taxes in the first nine months 2017 of around EUR 21 million (previous year: EUR 23.9 million)

Pullach, 19 October 2017 - According to an evaluation of preliminary figures completed today, Sixt Leasing SE has achieved earnings before taxes (EBT) of around EUR 21 million during the first nine months of 2017 (previous year: EUR 23.9 million). For the full year, the Managing Board now expects an EBT of around EUR 30 million (previous year: EUR 31.6 million). Previously an increase in earnings before taxes in the high single-digit percentage range was forecasted. Thereby, the Managing Board continues to expect an increase in the Group's contract portfolio as well as a slight growth in consolidated operating revenue.

Main reasons for adjusting the earnings guidance are additional risk provisioning for the residual values of leasing vehicles in the portfolio as well as strengthened growth investments, especially in the IT area.

Sixt Leasing SE will publish the Group Quarterly Statement as of 30 September 2017 on 14 November 2017, as planned.

Note: 'Consolidated operating revenue' is a Non-IFRS parameter. Information about the composition of the consolidated operating revenue is available on page 72 of the Annual Report of Sixt Leasing SE 2016 (available at ir.sixt-leasing.com).


19-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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10/16/2017

Sixt Leasing SE: Changes in the Management Board: Thomas Spiegelhalter appointed as new CEO of Sixt Leasing SE as of January 1, 2018

Sixt Leasing SE / Key word(s): Change of Personnel
Sixt Leasing SE: Changes in the Management Board: Thomas Spiegelhalter appointed as new CEO of Sixt Leasing SE as of January 1, 2018

16-Oct-2017 / 20:43 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Sixt Leasing SE - Changes in the Management Board: Thomas Spiegelhalter appointed as new CEO of Sixt Leasing SE as of January 1, 2018

Pullach, 16 October 2017 - Today the Supervisory Board of Sixt Leasing SE appointed Thomas Spiegelhalter (53) as Chief Executive Officer of the Management Board (CEO) of Sixt Leasing SE with effect from 1 January 2018. He will take over the office from Rudolf Rizzolli, whose contract expires. At the same time, the appointment of Mr. Björn Waldow as Chief Financial Officer of the company was extended by three years until 2021.

Thomas Spiegelhalter is currently the spokesman of the management board of one of the largest Mercedes-Benz car dealership groups (BERESA Group) in Germany. BERESA Group employs more than 1,000 people at 18 locations and most recently generated sales of around EUR 600 million (FY 2016). One of the strengths of the BERESA Group is the private and fleet leasing business, which Mr. Spiegelhalter has significantly expanded.


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05/07/2015

IPO of Sixt Leasing AG: Issue price is EUR 20.00 per share and therefore in the upper half of the price range

Sixt Leasing AG  / Key word(s): IPO

07.05.2015 00:44

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN
WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

 
IPO of Sixt Leasing AG: Issue price is EUR 20.00 per share and therefore in
the upper half of the price range

Pullach, 6 May 2015 - Sixt SE, the syndicate banks and Sixt Leasing AG
("Sixt Leasing") jointly fixed the issue price for the offered shares of
Sixt Leasing at EUR 20.00 per share. The issue price is therefore within
the upper half of the price range of EUR 17.90 to EUR 21.30 per share. The
offer was multiple times oversubscribed at the issue price.

In total 12,366,955 shares of Sixt Leasing were placed, of which 5,586,593
were new shares from a cash capital increase of Sixt Leasing, 5,167,281
shares from the holdings of Sixt SE and 1,613,081 additional shares from
the holdings of Sixt SE in connection with an over-allotment
("Over-Allotment Shares"). The gross proceeds from the placement of new
shares of Sixt Leasing amounted to around EUR 111.7 million (equalling net
issue proceeds of around EUR 106.2 million). As already announced earlier
and subject to the full exercise of the greenshoe option granted to the
syndicate banks in respect of the Over-Allotment Shares, Sixt SE reduced
its holdings in Sixt Leasing as part of the IPO to 40%.

The shares of Sixt Leasing are expected to be traded as of 7 May 2015 on
the regulated market (Prime Standard) of the Frankfurt stock exchange and
will have the ticker symbol LNSX, the German Securities Identification
Number (WKN) A0DPRE and the International Securities Identification Number
(ISIN) DE000A0DPRE6.

Contact:
Sixt Leasing AG
Frank Elsner 
Sixt Central Press Office
Tel.: +49 - 89 - 99 24 96 30
Fax: +49 - 89 - 99 24 96 32
Mail: pressrelations@sixt.com 

These materials may not be published, distributed or transmitted in the
United States, Canada, Australia or Japan. These materials do not
constitute an offer of securities for sale or a solicitation of an offer to
purchase securities (the "Shares") of Sixt Leasing AG (the "Company") in
the United States, Germany or any other jurisdiction. The Shares of the
Company may not be offered or sold in the United States absent registration
or an exemption from registration under the U.S. Securities Act of 1933, as
amended (the "Securities Act"). The Shares of the Company have not been,
and will not be, registered under the Securities Act. Any sale in the
United States of the securities mentioned in this communication will be
made solely to "qualified institutional buyers" as defined in, and in
reliance on, Rule 144A under the Securities Act.

In the United Kingdom, this document is only being distributed to and is
only directed at persons who (i) are investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are
persons falling within Article 49(2)(a) to (d) of the Order (high net worth
companies, unincorporated associations, etc.) (all such persons together
being referred to as "Relevant Persons"). This document is directed only at
Relevant Persons and must not be acted on or relied on by persons who are
not Relevant Persons.  Any investment or investment activity to which this
document relates is available only to Relevant Persons and will be engaged
in only with Relevant Persons.

This publication constitutes neither an offer to sell nor a solicitation to
buy any securities. The securities have already been sold.


07.05.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Sixt Leasing AG
              Zugspitzstraße 1
              82049 Pullach
              Germany
Phone:        +49 (0)89 744 44 - 5104
Fax:          +49 (0)89 744 44 - 8 5104
E-mail:       investorrelations@sixt.com
Internet:     http://www.sixt-leasing.de
ISIN:         DE000A0DPRE6
WKN:          A0DPRE
Listed:       Regulated Market in Frankfurt (Prime Standard)
 
End of Announcement                             DGAP News-Service
 
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