
01/19/2021
DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous Sixt Leasing SE: autohaus24 GmbH with new brand identity - Used car locations in Frankfurt, Berlin and Munich Josef Finauer and Werner König, Managing Directors of autohaus24 GmbH: "With our new brand identity, we are emphasising our claim to be one of the leading online car dealers. In addition, we now have a local presence with our brand in the used car trade for the first time." The aim of autohaus24 is to further expand its product and service portfolio for used cars - both online and offline. For example, customers at the new locations will have the opportunity to buy matching complete winter wheels for their vehicle. PNG downloads (Credits: Sixt Leasing SE / autohaus24 GmbH):
--- About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
Kirchhoff Consult 19.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1160934 |
End of News | DGAP News Service |
01/13/2021
DGAP-News: Sixt Leasing SE / Key word(s): Market launch Sixt Leasing SE launches smartphone app for fleet customers Pullach, 13 January 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has launched a smartphone app for fleet customers: Thereby, company car drivers now have the possibility to manage everything related to their leasing contract easily and comfortably while on the road: from contract data and damage reports to workshop searches as well as booking appointments for inspections and tyre changes. The Sixt Leasing App can be used on iOS and Android devices and is available in the Apple and Google App Stores. The Sixt Leasing App supports company car drivers with many convenient functions and offers full transparency and control: Login/Registration:
Home:
Profile:
Service:
Damage:
Michael Ruhl, CEO of Sixt Leasing SE: "With the launch of the Sixt Leasing App, we are driving forward the digitalisation of our business model and expanding our digital service portfolio for fleet customers with an innovative tool. The Sixt Leasing App facilitates the administration of leasing contracts and thus makes an important contribution to more efficiency in leasing fleets." The Sixt Leasing App for fleet customers is based on the Companion App for fleet management customers, which was launched at the end of 2019 by the Sixt Leasing subsidiary Sixt Mobility Consulting GmbH and is already used by around 16,000 company car drivers. The Sixt Leasing App is optimally tailored to fleet customers. It will be continuously updated and equipped with further useful features in the future. Picture downloads (Credit: Sixt Leasing SE): --- About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million. Press contact: Kirchhoff Consult 13.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1156236 |
End of News | DGAP News Service |
01/12/2021
Sixt Mobility Consulting GmbH (SMC), one of the leading independent fleet management providers in Europe and a wholly owned subsidiary of Sixt Leasing SE, is from now on operating its subsidiary Flottenmeister GmbH as its own brand under the name “Flottenmeister powered by SMC”. This was agreed as part of a merger agreement.
Michael Poglitsch and Christian Braumiller, Managing Directors of Sixt Mobility Consulting GmbH: “We are pleased to integrate Flottenmeister even more strongly into the business of Sixt Mobility Consulting as our own brand. This allows us to combine the best of both worlds: manufacturer-independent all-round support, a comprehensive range of services, top quality and particularly attractive terms.“
Flottenmeister GmbH was fully acquired by SMC in the fourth quarter of 2019 in order to significantly expand its market position in Germany. SMC's contract portfolio in Europe increased to over 50,000 contracts as a result of the acquisition. In total, more than 7,000 managed company vehicles were taken over. At the time of the merger with SMC, Flottenmeister's contract portfolio stood at 8,700 contracts.
About Sixt Mobility Consulting:
Sixt Mobility Consulting GmbH (SMC) is one of the leading independent fleet management providers in Europe. SMC advises corporate customers on the efficient management of their fleets and provides all fleet management services for cars and vans with innovative IT solutions such as in particular the app “The Companion” and high-performance customer care teams.
As a bank- and manufacturer-independent fleet specialist, SMC optimises companies’ costs when procuring and operating leased and purchased fleets, on request also via fully digitalised multi-bidding processes for each car ordered. In addition, SMC supports users in all vehicle-related topics, from ordering to accident management and wheel changes.
Through the use of the large partner network at attractive conditions, customers can significantly reduce their garage costs. In addition, SMC offers companies innovative corporate mobility services, such as mobility budgets, which are fully digitally managed and enable employees in cities in particular to use other mobility services, such as car sharing or weekend rental cars, as an alternative or supplement to the company car.
www.mobility-consulting.com
Press Contact:
Kirchhoff Consult
sixtleasing@kirchhoff.de
12/10/2020
DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM Sixt Leasing SE: Successful Extraordinary General Meeting 2020 Pullach, 10 December 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, successfully held its virtual Extraordinary General Meeting in Pullach today. Approximately 92.4 per cent of the share capital was represented altogether. The shareholders adopted all the proposals from the Supervisory Board and the Managing Board by a large majority. The shareholders approved, among other things, the proposal to flexibilise and extend the corporate purpose in the Articles of Association. They also agreed to increase the size of the Supervisory Board from three to six members. With Mr. Jochen Klöpper, Mrs. Hyunjoo Kim, Mr. Thomas Oliver Hanswillemenke and Mr. Chi Wan Yoon, a total of four new members were elected. Together with Dr. Julian zu Putlitz, who was already elected to the Supervisory Board at the Annual General Meeting in June 2020, the Supervisory Board of Sixt Leasing SE thus currently consists of five members. The vacant position will be filled as soon as a suitable candidate has been found and proposed to the Annual General Meeting for election. All the information about the 2020 Extraordinary General Meeting and the voting results are available on the website http://ir.sixt-leasing.com/agm. --- About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
Sixt Leasing SE 10.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1154383 |
End of News | DGAP News Service |
12/03/2020
DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous Sixt Leasing SE again wins the "Company Car Award" of AUTO BILD as best leasing provider Pullach, 3 December 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has been awarded the "Company Car Award" by AUTO BILD. The readers of Europe's largest automobile magazine elected the company as the winner in the "Leasing" category. Sixt Leasing had already won the coveted title in 2018. Michael Ruhl, CEO of Sixt Leasing SE: "The fact that the readers of AUTO BILD have honored us with the 'Company Car Award' for the second time confirms once again our excellent reputation as one of the leading providers of tailor-made fleet solutions. We are constantly developing our product and service portfolio in the interests of our customers in order to offer them the best overall package of attractive terms, a wide choice and top service." With the "Company Car Award", Sixt Leasing SE has already won the third prize this year. In July, the subsidiary autohaus24 GmbH received the consumer award "Germany's Best Online Portals 2020" in the category "New Car Portals" for its website autohaus24.de from the news channel n-tv and the German Institute for Service Quality (DISQ). In addition, autohaus24.de received the rating "High Recommendation" in the category "Car leasing: online providers" in the FOCUS-MONEY study "Recommended by customers". Picture-Downloads (Credit: Sixt Leasing SE): --- About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
Kirchhoff Consult 03.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1152601 |
End of News | DGAP News Service |
11/11/2020
DGAP-News: Sixt Leasing SE / Key word(s): 9 Month figures Sixt Leasing SE: Operating business development in the first nine months of 2020 in line with expectations
Pullach, 11 November 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has overall developed in line with expectations in the first nine months of 2020 based on the earnings forecast published on 21 October 2020. With a slight decrease in the Group's contract portfolio in the period from the end of December 2019 to the end of September 2020, consolidated operating revenue also declined year-on-year. Consolidated earnings before taxes (EBT) were very significantly below the previous year's level. In the third quarter, the business development was particularly affected by the weaker-than-expected recovery of the overall economic situation. The Managing Board confirms the reduced forecast for 2020. Business development in 9M 2020 In the Fleet Management business unit, the smartphone app "The Companion" for fleet customers was further developed and, among other things, upgraded with the digital payment function "Shell Payment@Pump". Furthermore, two proven industry experts, Mr. Christian Braumiller and Mr. Michael Poglitsch, were won as new Managing Directors of Sixt Mobility Consulting GmbH. In the Fleet Leasing business field, Sixt Leasing expanded its cooperation with BSH Hausgeräte GmbH in the field of e-mobility. The contract portfolio in Online Retail fell by 9.9 per cent to 40,000 contracts in the period from the end of December 2019 to the end of September 2020, particularly burdened by a reduced number of new orders due to the economic impact of the COVID-19 pandemic and further vehicle returns from the 1&1 campaign conducted in the 2017 financial year. The contract portfolio in Fleet Leasing declined by 3.7 per cent to 38,900 contracts. In both business fields, business performance during the third quarter did not improve as planned, which is due in particular to the weaker-than-expected recovery in the overall economic situation as well as the ongoing COVID-19 situation. In Fleet Management, the contract portfolio increased by 3.0 per cent to 53,000 contracts in the first nine months of 2020. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 3.2 per cent to 131,900 contracts in the period from the end of December to the end of September. Compared to 30 September 2019, the Group contract portfolio recorded an increase of 3.7 per cent. Consolidated revenue in the first three quarters of 2020 decreased by 10.7 per cent to EUR 565.3 million compared to the same period in the previous year. Operating revenue, which does not include the proceeds from vehicle sales, decreased in the same period by 8.6 per cent to EUR 319.9 million. The "lockdown" in the second quarter of 2020 in the wake of the COVID-19 pandemic had a major impact on the decline in operating revenue, which led, among other things, to a significant reduction in vehicle usage and thus to a drop in usage-related revenue, such as income from fuel revenues. Furthermore in the third quarter of 2020, after the lockdown in the second quarter of 2020, the increase in vehicle usage in particluar did not occur as expected. Sales revenue from the sale of leasing returns and marketing of customer vehicles in Fleet Management declined in the first three quarters by 13.3 per cent to EUR 245.4 million. This decrease was due to a very strong first quarter of the previous year, with very high sales of leasing returns in the Online Retail business field, as well as restrictions on stationary car sales resulting from the COVID-19 pandemic during the first half of 2020. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) decreased in first three quarters of 2020 by 7.6 per cent to EUR 158.6 million compared to the same period in the previous year. Consolidated earnings before taxes (EBT) saw a decline of 76.0 per cent to EUR 5.2 million due to various special effects. The operating return on revenue (EBT/operating revenue) thus amounted to 1.6 per cent (9M 2019: 6.2 per cent). Consolidated profit decreased by 78.7 per cent to EUR 3.4 million compared to the same period in the previous year. The lower EBT is in line with the adjusted expectations from 20 July 2020 and results, among others, from the general volume effect in sale of lease returns described above, temporary sales support measures, higher marketing expenses at the beginning of the year, transaction-related costs in connection with the closing of the voluntary public takeover offer of Hyundai Capital Bank Europe GmbH (HCBE) in July 2020 as well as a need for additional risk provisioning in the mid single-digit million euro range as part of the regular review of the residual values of the leasing fleet in the first half of 2020. EBT adjusted for one-time and extraordinary effects amounted to EUR 15.1 million in the first three quarters of 2020. Michael Ruhl, CEO of Sixt Leasing SE: "The challenging economic conditions do not prevent us from continuing to implement our strategy consistently and, in particular, from pushing ahead with the digitization of our product and service portfolio. Our new major shareholder, Hyundai Capital Bank Europe, will support us in this." In November, Sixt Leasing SE participates in Germany's largest discount campaign with its "Black Leasing Friday", offering private and corporate customers popular new vehicles at especially attractive rates on its online platform sixt-neuwagen.de. Besides, the company plans the introduction of a completely digital order process on sixt-neuwagen.de starting from the 2021 financial year. Beyond that, the business model of Sixt Leasing SE will be extended by used car leasing. Outlook In addition, the Managing Board confirms its earnings forecast, as adjusted on 20 July 2020, that the originally communicated earnings forecast for the 2020 financial year cannot be realized as expected. This is mainly due to the effects of additional risk provisioning and one-off transaction-related costs, which are already incurred in earnings, and other transaction-related costs to be recognized in the fourth quarter. The Managing Board of Sixt Leasing SE is of the opinion that the strategic partnership with the new major shareholder, HCBE, puts the Sixt Leasing Group in a position to utilise new growth potential together in the future. Furthermore, the Managing Board hopes that the integration of Sixt Leasing into the two international and financially strong Groups of Santander and Hyundai also offers the opportunity to further optimise the company's financing structure. The Group's Quarterly Statement as of 30 September 2020 can be downloaded from https://ir.sixt-leasing.com/interim-reports. --- About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
Sixt Leasing SE
1 Rounding differences possible 11.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1147100 |
End of News | DGAP News Service |
10/05/2020
DGAP-News: Sixt Leasing SE / Key word(s): Personnel Sixt Leasing SE: autohaus24 GmbH appoints Werner König as Co-Managing Director Mr. König has been Head of Remarketing at Sixt Leasing for about five and a half years and will continue this operation in addition to his new tasks at autohaus24. Moreover, he was Managing Director of Sixt Car Sales GmbH from early 2015 to mid 2020. Previously, he successfully held several senior management positions in the automotive sector. In his function as Managing Director of autohaus24 GmbH, Mr. König is responsible for the offline business with the former Sixt Car Sales locations for used cars in Berlin, Eching and Frankfurt. These had been sold to Hyundai Capital Bank Europe GmbH (HCBE) as part of the 92% takeover of Sixt Leasing SE by HCBE and are to be rebranded to the autohaus24 brand in early 2021. At the same time, Mr. Finauer will concentrate on the online business of autohaus24.de. Since April 2020, Mr. Finauer has also been Managing Director of SXT Leasing Dienstleistungen GmbH & Co. KG and represents the business areas Productmanagement, Maintenance and Damage within Sixt Leasing SE. Previously he was, among other things, Service Manager at MAHAG Group (Volkswagen Group Retail Germany). A joint focus of Mr. König and Mr. Finauer will be the rebranding of the autohaus24 brand with a new logo, new website and new brand strategy. In addition, the product portfolio will be expanded. Josef Finauer, Managing Director of autohaus24 GmbH: 'I would like to thank Michael Ruhl for the successful collaboration and I am pleased to have a proven expert at my side with Werner König once again. Our goal is to develop autohaus24 into a digital car dealership for new and used cars and, in future, service products. We will offer these both online and offline at our locations.' Werner König, Managing Director of autohaus24 GmbH: 'I am looking forward to taking autohaus24 to the next level together with Josef Finauer. Our extensive experience in the industry provides a good basis for a successful strategic reorientation with a strong online and offline business.' Since 2009, autohaus24 has stood for excellent customer service, cross-brand advice and the best possible discount for new cars from German dealerships. The autohaus24 service guarantee ensures the full manufacturer's warranty, full liability for material defects and full service at the authorised dealer near the buyer. Photo downloads
--- About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million. Press contact Sixt Leasing: Kirchhoff Consult 05.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1138634 |
End of News | DGAP News Service |
08/12/2020
DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results/Interim Report Sixt Leasing SE: Operating business development in the first half of 2020 in line with expectations
Pullach, 12 August 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has developed, based on the earnings forecast reduced on 20 July 2020, overall in line with expectations in the first half of 2020. The Group's contract portfolio remained almost stable in the period from the end of December 2019 to the end of June 2020. Consolidated operating revenue declined year-on-year. Consolidated earnings before taxes (EBT) were very significantly below the previous year's level and were burdened in particular by the increase in risk provisions in connection with the residual values of the leasing fleet and by transaction-related costs. The Managing Board continues to expect business development to recover in the second half of the year. Business development in H1 2020 The contract portfolio in Online Retail fell by 5.7 per cent to 41,800 contracts in the period from the end of December to the end of June, particularly burdened by lower new orders due to the economic impact of the COVID-19 pandemic as well as further vehicle returns from the 1&1 campaign conducted in the 2017 financial year. The contract portfolio in Fleet Leasing declined by 2.4 per cent to 39,500 contracts. Fleet Management recorded growth of 4.0 per cent to 53,500 contracts. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased slightly by 1.0 per cent to 134,800 contracts in the period from the end of December to the end of June. The decline from the end of March to the end of June (-0.4 per cent) was slightly lower than in the first three months (-0.7 per cent). Compared to the end of the first half of 2019, the Group contract portfolio recorded a significant growth of 6.8 per cent at the end of the first half of 2020. The main reason for this was the acquisition of Flottenmeister GmbH in the fourth quarter of 2019. Consolidated revenue in the first half of 2020 fell by 13.5 per cent year-on-year to EUR 370.3 million. This is mainly due to the decline in vehicle sales revenues in the Leasing business unit, which comprises the business fields Online Retail and Fleet Leasing. On the other hand, sales revenues in the Fleet Management business unit increased significantly. Overall, sales revenues from leasing returns and marketed customer vehicles in fleet management fell by 20.1 per cent to EUR 156.2 million. This decline is in particular due to the very strong first quarter of the previous year, with a very high number of leasing returns sold in the Online Retail business field, and to the restrictions imposed on stationary motor vehicle trading due to the COVID-19 pandemic. Consolidated operating revenue (excluding sales revenue) decreased by 7.9 per cent to EUR 214.1 million. The "lockdown" caused by the COVID-19 pandemic had a major impact on the decline in this regard. Among other things, this led to a significant reduction in vehicle use, which in particular caused a decline in use-related revenues, such as fuel revenues, for example. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) fell in the first six months of 2020 by 7.2 per cent to EUR 106.7 million compared to the same period last year. Consolidated earnings before taxes (EBT) recorded a decline of 79.7 per cent to EUR 2.9 million. This was mainly due to the increased risk provisions in a mid single-digit million euro range and to burdens from one-off transaction-related costs in a low to medium single-digit million euro range, which were incurred in connection with the completion of the voluntary public takeover offer by Hyundai Capital Bank Europe GmbH (HCBE) in July 2020 and which had in part already to be considered in the accounting in the first half of 2020. Adjusted for these two one-off and extraordinary non-operating effects, the correspondingly adjusted earnings before taxes in the first half of 2020 amounted to EUR 11.2 million. Furthermore, the lower EBT is in particular due to the volume effect in vehicle sales described above, and increased marketing expenses at the beginning of the year. The operating return on revenue in the first six months of 2020 thus amounted to 1.3 per cent (-4.7 percentage points). Consolidated profit decreased by 83.2 per cent to EUR 1.7 million. Michael Ruhl, CEO of Sixt Leasing SE: "Our Group contract portfolio remained almost stable in the first half of 2020 despite the corona pandemic. We are confident that the market environment will continue to ease in the second half of the year. Our new major shareholder will support us in continuing to successfully implement our 'DRIVE>2021' strategy program." Growth prospects with new major shareholder Outlook The assumptions and uncertainties pertaining to the COVID-19 pandemic described in the Risk and Opportunities Report of the Half-Yearly Financial Report 2020 also apply to the forecast. This includes in particular the assumption that business development will recover in the second half of the year. The full half-year report can be downloaded from https://ir.sixt-leasing.com/interim-reports. --- About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
Sixt Leasing SE
1 Rounding differences possible 12.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1115315 |
End of News | DGAP News Service |
07/16/2020
DGAP-News: Sixt Leasing SE / Key word(s): Takeover/Offer Sixt Leasing SE: Voluntary public takeover offer of Hyundai Capital Bank Europe GmbH completed
Pullach, 16 July 2020 - Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., today announced the completion of its voluntary public takeover offer to the shareholders of Sixt Leasing SE. In February, HCBE had signed an agreement to acquire the shares in Sixt Leasing SE, Pullach, from Sixt SE. In addition, it had submitted a voluntary public takeover offer to all shareholders to acquire their no-par bearer shares, which was successfully accepted. HCBE now holds a total of around 92 per cent of the shares in Sixt Leasing SE. ---
Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. www.sixt-leasing.com Sixt Leasing SE 16.07.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1094873 |
End of News | DGAP News Service |
07/14/2020
DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous Sixt Leasing SE: autohaus24.de receives the award "Germany's Best Online Portals 2020" and a "High Recommendation" rating Pullach, 14 July 2020 - autohaus24 GmbH, one of the leading online new car brokers in Germany and a wholly-owned subsidiary of Sixt Leasing SE, has received the consumer award "Germany's Best Online Portals 2020" in the category "New Car Portals" for its website autohaus24.de from the news channel n-tv and the German Institute for Service Quality (DISQ). This is the second time in a row that autohaus24.de has won the title. In addition, autohaus24.de received the rating "Highly Recommended" in the category "Car Leasing: Online Providers" in the study "Recommended by Customers" of the business magazine FOCUS-MONEY. Josef Finauer, Managing Director of autohaus24 GmbH: "Customer satisfaction is our top priority. Therefore, we are especially pleased to have been awarded twice by our customers. It is our goal to continuously develop the product and service portfolio of autohaus24 in the interest of our customers and thus expand our position as one of the leading online new car brokers in Germany." Michael Ruhl, CEO of Sixt Leasing SE and Managing Director of autohaus24 GmbH: "Car sales are increasingly shifting to the Internet. Individual digital user support is thus becoming increasingly important. With our online platforms autohaus24.de and sixt-neuwagen.de, we are optimally positioned to profit from this development and to take advantage of the growth opportunities in our Online Retail business field." Since 2009, autohaus24 has stood for excellent customer service, cross-brand advice and the best possible discount for new cars from German dealerships. The autohaus24 service guarantee ensures the full manufacturer's warranty, full liability for material defects and full service at the authorised dealer near the buyer. The DISQ is a private, independent and consumer-oriented market research institute. Its goal is to create transparency and improve the quality of service in Germany. As part of the "Germany's Best Online Portals 2020" award, the best online portals in 53 categories were honoured on the basis of around 40,000 customer opinions. FOCUS-MONEY is one of the best-known and most widely covered business titles in Germany. In connection with the study "Recommended by customers", 1,300 providers from 80 industries were put to the test. The survey and results were published in issue 26/2020. Download: Photo of the award presentation (from left to right: Michael Ruhl, Chief Executive Officer of Sixt Leasing SE and Managing Director of autohaus24 GmbH and Josef Finauer, Managing Director of autohaus24 GmbH) ---
Sixt Leasing SE based in Pullach near Munich is a leading provider in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Press contact Sixt Leasing: 14.07.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1093105 |
End of News | DGAP News Service |
06/26/2020
DGAP-News: Sixt Leasing SE / Key word(s): Personnel Christoph Braumiller and Michael Poglitsch take over the management of Sixt Mobility Consulting GmbH as of June 2020 Pullach, 26 June 2020 - Sixt Mobility Consulting GmbH, one of the leading independent providers of fleet management in Europe and wholly owned subsidiary of Sixt Leasing SE, has gained two proven industry experts, Mr. Christoph Braumiller and Mr. Michael Poglitsch, as new Managing Directors. Mr. Braumiller has more than 30 years of experience in the fleet business. Since 2015, he has been Managing Director of Flottenmeister GmbH, which has been part of the Sixt Mobility Consulting Group since October 2019. Prior to this, Mr. Braumiller worked for other well-known fleet management and leasing companies, for example from 1987 to 2007 at ASL (formerly Auto Service Leasing) and in 2007 as one of the co-founders and shareholders of Hannover Leasing Automotive GmbH. In future, Mr. Braumiller will play a decisive role in the processing of operational services and will thus be responsible, together with his colleague, for the quality of the services offered. As second Managing Director and equal partner, Mr. Michael Poglitsch will take care of the issues Sales & Internationalisation. With him, SMC has gained a successful management personality. Mr. Poglitsch has been part of the Sixt Group for 20 years and, among other things, has made a significant contribution to the national and international sales success of Sixt SE as Senior Director Global Accounts. In addition to his sales expertise, Mr. Poglitsch has an excellent network at home and abroad, which he has been able to build up over the last years and which will be very useful for SMC. Michael Ruhl, CEO of Sixt Leasing SE: "We are convinced that with Mr. Braumiller and Mr. Poglitsch at the head of Sixt Mobility Consulting, we will be able to successfully continue and further expand the course set by the previous Managing Director Christoph von Tschirschnitz with regard to digitalisation, growth and internationalisation. The individual consultation, the custom-fit solutions and the high service quality will of course be maintained." Mr. von Tschirschnitz had taken over the management of Sixt Mobility Consulting in October 2018 with the task of driving forward the internationalisation and expansion of the business to other European countries and the further digitalisation of the business model. Mr. von Tschirschnitz and his European teams have successfully and rapidly implemented these goals. The company has now undergone an entrepreneurial realignment and is operating for customers in five European countries. The company's business model is now largely digitalised right down to the end customer. A core element of the digitalisation offensive - the powerful app "The Companion" for fleet management and corporate mobility in the European markets developed under his leadership - has been very well received by customers within a short period of time. Mr. von Tschirschnitz's management contract would have expired in the next few months, and the Managing Board of Sixt Leasing SE and Mr. von Tschirschnitz have agreed amicably and by mutual consent to terminate the management contract at the end of May 2020 after the achievement of significant milestones, so that the restructuring of the Group and its integration into the future Group structure of Hyundai Capital Bank Europe GmbH can be arranged with managers available on a longer-term basis after the transaction has been completed. Michael Ruhl: "We would like to thank Mr. von Tschirschnitz for the successful corporate reorientation of Sixt Mobility Consulting, the achieved international expansion and the digitalisation of our business model." --- About Sixt Mobility Consulting: As a bank- and manufacturer-independent fleet specialist, SMC optimises companies' costs when procuring and operating leased and purchased fleets, on request also via fully digitalised multi-bidding processes for each car ordered. In addition, SMC supports users in all vehicle-related topics, from ordering to accident management and wheel changes. Through the use of Sixt's large partner network at the attractive conditions typical of Sixt, customers can significantly reduce their garage costs. In addition, SMC offers companies innovative corporate mobility services, such as mobility budgets, which are fully digitally managed and enable employees in cities in particular to use other mobility services, such as car sharing or weekend rental cars, as an alternative or supplement to the company car.
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
26.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1079973 |
End of News | DGAP News Service |
06/24/2020
DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM/Dividend Sixt Leasing SE: Annual General Meeting approves dividend of EUR 0.90 for 2019 financial year
Pullach, 24 June 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, held a successful virtual Annual General Meeting yesterday in Pullach. Approximately 53 per cent of the share capital was represented altogether. The shareholders adopted all the proposals from the Supervisory Board and the Managing Board by a large majority. The items on the agenda included, among other things, the appropriation of distributable profits and the supplementary election of the Supervisory Board. Attractive dividend resolved The dividend is thus in line with shareholders' expectations in connection with the sale of Sixt SE's stake in the company and the accompanying voluntary public takeover offer by Hyundai Capital Bank Europe GmbH (HCBE). Supplementary election to the Supervisory Board Future growth plans In addition, the CEO addressed the effects of the current COVID-19 situation on the business development of Sixt Leasing. The Managing Board expects that the second quarter will be the quarter most affected by the effects of the COVID-19 pandemic, particularly in terms of earnings, throughout the 2020 financial year. Furthermore, the burden on earnings from transaction-related costs will also increase. However, the easing of the COVID-19 regulations adopted in recent weeks makes the Managing Board confident that the business development will recover in the second half of 2020 as it expects. Michael Ruhl, CEO of Sixt Leasing SE: "As part of our growth strategy, we will, among other things, expand our range of products and services with further innovative digital offerings and drive forward the internationalisation of the organisation. Together with the support of our new major shareholder HCBE, we are thus ideally placed to become the leading provider of longer-term auto-mobility in Europe." All the information about the 2020 Annual General Meeting and the voting results are available on the website http://ir.sixt-leasing.com/agm. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
24.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1077375 |
End of News | DGAP News Service |
05/26/2020
DGAP-News: Sixt Leasing SE / Key word(s): Offer Sixt Leasing SE: Final acceptance rate for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH at more than 92 per cent Pullach, 26 May 2020 - Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., has today announced the final result of its voluntary public takeover offer to the shareholders of Sixt Leasing SE: Taking into account the stake of Sixt SE, the acceptance rate amounted to 92.07 per cent at the end of the additional acceptance period provided for by law on 20 May 2020 at 24:00 hours (CEST). Thus, the acceptance rate has again increased very significantly compared to the end of the regular acceptance period (72.84 per cent). The minimum acceptance threshold was 55 per cent. Björn Waldow, CFO of Sixt Leasing SE: "We are very pleased with the extraordinarily high acceptance rate. The high level of acceptance creates clear conditions with regard to the ownership structure. With our new anchor shareholder, we can thus continue our corporate strategy and jointly exploit new growth opportunities. We are optimistic that the outstanding offer conditions will be met in the coming months and expect the transaction to be completed in the second half of 2020." In accordance with § 16 of the German Securities Trading and Takeover Act (WpÜG), shareholders of Sixt Leasing SE who had not tendered their shares by the end of the regular acceptance period on 30 April 2020 at 24:00 hours (CEST) were able to accept the offer from HCBE until the end of the additional period provided for by law. The completion of the takeover offer is still subject to the remaining customary closing conditions set out in the offer document. HCBE and Sixt Leasing expect these conditions to be met in the coming months and expect the transaction to close in the second half of 2020. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
26.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1055331 |
End of News | DGAP News Service |
05/12/2020
DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results Sixt Leasing SE: Business development in the first quarter of 2020 in line with expectations
Pullach, 12 May 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has developed in line with expectations in the first quarter of 2020. The Group's contract portfolio decreased slightly in the period from the end of December 2019 to the end of March 2020. Consolidated operating revenue declined year-on-year. Earnings before taxes (EBT) were very significantly below the previous year's level. The Managing Board confirms the forecast for the 2020 financial year. Accordingly, it continues to expect business development to recover in the second half of the year. Business development in Q1 2020 The contract portfolio in the Online Retail business field fell slightly by 1.8 per cent to 43,500 in the period from the end of December to the end of March, particularly as a result of further vehicle returns from the 1&1 campaign conducted in the 2017 financial year. The contract portfolio in the Fleet Leasing business field declined by 1.7 per cent to 39,700 contracts. The Fleet Management business unit recorded growth of 1.4 per cent to 52,200 contracts. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 0.7 per cent to 135,300 contracts. Compared to the end of the first quarter of 2019, the Group contract portfolio recorded a significant growth of 7.7 per cent. The main reason for this was the 24.9 per cent increase in the contract portfolio in Fleet Management, which is mainly due to the acquisition of Flottenmeister GmbH in the fourth quarter of 2019. The contract portfolio in Online Retail increased by 2.6 per cent compared to the same quarter last year. Fleet Leasing recorded a decline of 4.1 per cent. Consolidated revenue in the first quarter of 2020 fell by 14.4 per cent year-on-year to EUR 199.3 million. This is mainly due to the decline in sales revenues. Consolidated operating revenue (excluding sales revenue) fell by 4.5 per cent to EUR 114.3 million. Sales revenues from leasing returns and marketed customer vehicles in fleet management fell by 24.8 per cent to EUR 85.0 million. This decline is mainly due on the one hand to the very strong first quarter of the previous year with a very high number of leasing returns sold in the Online Retail business field, and on the other hand to the restrictions on stationary automobile trade as a result of the COVID-19 pandemic. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) fell in the first three months of 2020 by 1.5 per cent to EUR 56.3 million compared to the same period last year. Consolidated earnings before taxes (EBT) recorded a decline of 20.3 per to EUR 5.6 million, which was in line with expectations. The lower EBT is due, among other things, to the volume effect in vehicle sales described above, increased marketing expenses at the beginning of the year and initial transaction-related costs in connection with the voluntary public takeover offer by Hyundai Capital Bank Europe GmbH (HCBE). The operating return on revenue in the first three months of 2020 thus amounted to 4.9 per cent (-1.0 percentage points). Consolidated profit decreased by 33.4 per cent to EUR 3.8 million. Dividend proposal Michael Ruhl, CEO of Sixt Leasing SE: "As expected, the general conditions for our business have become more challenging. We have therefore significantly intensified our early warning, monitoring and control measures for the Sixt Leasing Group. Our new major shareholder HCBE will give us the tailwind to continue to successfully implement our 'DRIVE>2021' strategy program. The minimum acceptance threshold for the voluntary public takeover offer has already been reached. The further acceptance period will end in a few days." With its internal control and risk management system, Sixt Leasing SE is appropriately positioned for monitoring and controlling the Group, also in regard to the current COVID-19 situation. However, the Managing Board has intensified risk management due to the more demanding framework conditions. Takeover offer HCBE, a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., had announced the offer on 21 February 2020. The offer document was published on 24 March 2020. In their joint reasoned statement on 6 April 2020, the Managing Board and Supervisory Board of Sixt Leasing SE issued a recommendation to shareholders to accept the offer. The statement is available on the Internet at https://ir.sixt-leasing.com/takeoveroffer. Outlook The Group's Quarterly Statement as of 31 March 2020 can be downloaded from https://ir.sixt-leasing.com/interim-reports. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
1 Rounding differences possible 12.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1041597 |
End of News | DGAP News Service |
05/07/2020
DGAP-News: Sixt Leasing SE / Key word(s): Offer Sixt Leasing SE: Minimum acceptance threshold for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH clearly exceeded
Pullach, 7 May 2020 - Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., announced yesterday the results of its voluntary public takeover offer to the shareholders of Sixt Leasing SE: Accordingly, the acceptance rate - including the stake of Sixt SE - amounted to 72.84 per cent at the end of the acceptance period on 30 April 2020 at 24:00 hours (CEST). This was significantly above the minimum acceptance threshold of 55 per cent. Michael Ruhl, CEO of Sixt Leasing SE: "We are pleased that the overwhelming majority of our shareholders followed our recommendation and accepted the attractive offer from HCBE. Thus, we have reached a milestone on the way to the planned strategic partnership with our new major shareholder. The alliance with HCBE enables us to successfully continue Sixt Leasing's growth strategy. We are confident that the outstanding offer conditions will be met in the coming months." In accordance with § 16 of the German Securities Trading and Takeover Act (WpÜG), shareholders of Sixt Leasing SE who have not yet tendered their shares are entitled to accept the offer from HCBE until the additional period provided for by law expires. It began today and will end on 20 May 2020 at 24:00 hours (CEST). The completion of the takeover offer is still subject to the remaining customary closing conditions set out in the offer document. The transaction is still expected to be completed in the second half of 2020. HCBE had announced the offer at a price of EUR 18.00 or, if the conditions defined in the offer document are met, up to EUR 18.90 per Sixt Leasing share in cash on 21 February 2020. The corresponding offer document was published on 24 March 2020 and is available on the Internet at hcbe-offer.com. After an independent examination of the conditions of the takeover offer, the Managing Board and Supervisory Board of Sixt Leasing SE recommended the shareholders to accept the offer in their statement pursuant to § 27 WpÜG of 6 April 2020. The statement is available at ir.sixt-leasing.com/takeoveroffer. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
07.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1038083 |
End of News | DGAP News Service |
04/30/2020
DGAP-News: Sixt Leasing SE / Key word(s): Offer Sixt Leasing SE: Offer for Sixt Leasing Shares of EUR 18.00 ends in 14 hours, Thursday, 30 April 2020, 24:00 hrs CEST
Pullach, 30 April 2020 - Sixt Leasing SE informs its Shareholders that the Acceptance Period ends today, on Thursday, 30 April 2020, at 24:00 hrs CEST. By this time, the Minimum Acceptance Threshold of 55% has to be reached in order for the Offer to be successful. The Bidder has made the completion of the Offer subject to, inter alia, reaching a Minimum Acceptance Threshold equivalent to 55% of all Sixt Leasing Shares issued at the end of the Acceptance Period (including the 8,644,638 Sixt Leasing Shares to be acquired from Sixt SE under the SPA), and thus 11,336,377 Sixt Leasing Shares. The Acceptance rate as published by the Bidder as of 29 April 2020, 14:00 hrs CEST, by means of its ongoing Mandatory Acceptance Rate Announcements is around 46%. The offer price of EUR 18.00 includes a premium of 25% over the XETRA closing price one day prior to the publication of the ad-hoc notifications by Sixt SE and Sixt Leasing SE on 19 February 2020 in response to market rumors. Since then, there were significant price declines across national and international capital markets caused by the increasingly deteriorating Covid-19 situation. Over this period, the SDAX and MDAX have lost 18.15% and 19.45% respectively. The Sixt Leasing Managing Board and Supervisory Board recommended the Acceptance of the Voluntary Public Takeover Offer by Hyundai Capital Bank Europe GmbH in its Reasoned Statement on 6 April 2020 and recommend that Shareholders wishing to accept the Offer do so prior to the end of the Acceptance Period. For further information please refer to the Takeover Offer Section on the Sixt Leasing website (https://ir.sixt-leasing.com/takeoveroffer). 30.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1033621 |
End of News | DGAP News Service |
04/29/2020
DGAP-News: Sixt Leasing SE / Key word(s): Annual Results/Offer Sixt Leasing SE publishes Annual Report 2019 - Acceptance period for takeover offer ends tomorrow on April 30
Pullach, 29 April 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has published its Annual Report 2019. Accordingly, there were no deviations from the preliminary annual figures, which had already been published in March 2020. Business development in 2019 is in line with the forecast adjusted in October 2019. For the 2020 financial year, the forecast issued in March of this year remains valid. Business development in 2019 Consolidated revenue increased by 2.3 per cent to a record EUR 824.4 million. Consolidated operating revenue (excluding sales revenue) decreased by 2.6 per cent to EUR 468.2 million. Sales revenues from leasing returns and marketed customer vehicles in fleet management rose disproportionately by 9.5 per cent to EUR 356.3 million. The higher number of vehicle returns in the Online Retail business field contributed in particular to this increase. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) decreased by 3.4 per cent to EUR 232.7 million. Consolidated earnings before taxes (EBT) for the 2019 financial year were 4.0 per cent below the previous year's figure at EUR 29.3 million. The operating return on revenue remained almost stable at 6.3 per cent (2018: 6.4 per cent). Consolidated profit declined by 2.0 per cent to EUR 21.5 million. Dividend proposal Michael Ruhl, CEO of Sixt Leasing SE: "In the 2020 financial year, our focus is on the further digitalisation of the business model and the alignment of the organisation to future national and international growth. Thus, we are taking the next step towards becoming the leading provider of longer-term auto-mobility in Europe. Hyundai Capital Bank Europe will support us as a new major shareholder in the event of a successful takeover offer." Takeover offer Further details can be found in the joint reasoned statement of the Managing Board and Supervisory Board of Sixt Leasing SE regarding the takeover offer, which was published on 6 April 2020 and is available at https://ir.sixt-leasing.com/takeoveroffer. The Managing Board and Supervisory Board support the takeover offer and are of the opinion that the completion is in the interest of Sixt Leasing SE, its shareholders and other stakeholders. Outlook The Annual Report 2019 of Sixt Leasing SE can be downloaded from http://ir.sixt-leasing.com/annual-reports. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
29.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 - 744 44 - 8 5169 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1032061 |
End of News | DGAP News Service |
04/06/2020
DGAP-News: Sixt Leasing SE / Key word(s): Statement/Offer Sixt Leasing SE: Managing Board and Supervisory Board recommend acceptance of the voluntary public tender by Hyundai Capital Bank Europe GmbH
Pullach, 6 April 2020 - Today, the Managing Board and Supervisory Board of Sixt Leasing SE have published their reasoned statement in accordance with section 27 of the German Securities Acquisition and Takeover Act (WpÜG) regarding the voluntary public takeover offer by Hyundai Capital Bank Europe GmbH (HCBE) to all shareholders of Sixt Leasing SE. Accordingly, they recommend Sixt Leasing shareholders to accept the takeover offer. HCBE, a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., had announced the offer at a price of EUR 18.00 or, if certain conditions defined in the offer document are met, up to EUR 18.90 per Sixt Leasing share in cash on 21 February 2020 and published the corresponding offer document on 24 March 2020. The Managing Board and Supervisory Board of Sixt Leasing have independently examined and evaluated the conditions of the takeover offer. Taking into account the information in the statement and the overall circumstances in connection with the takeover offer as well as the objectives and intentions of HCBE as set out in the offer document, the Managing Board and Supervisory Board are of the opinion that the consideration offered by HCBE is appropriate and the takeover offer is in the interest of Sixt Leasing. In addition to the aforementioned recitals, they also used a Fairness Opinion to examine the appropriateness of the consideration offered. The Managing Board and Supervisory Board consider the offer price to be attractive, particularly also in light of the current volatile capital market environment. The Managing Board and Supervisory Board support the takeover offer and are of the opinion that the completion of the takeover offer is in the interest of Sixt Leasing SE, its shareholders and other stakeholders. The operational measures intended by HCBE, Banco Santander and Hyundai Motors, such as the intention to strengthen and support Sixt Leasing's strategy regarding the growth trend "car-as-a-service", the intention to continue to operate Sixt Leasing in particular as a multi-brand company independent of automobile manufacturers or the further expressed intention to increase the Company's revenues in the Fleet Management business unit by increasing the number of customers, leverage effects in the operating business and international expansion, are considered positive and plausible. Likewise, the Managing Board and Supervisory Board consider the future integration of the Company into the group of two international and financially strong groups to be positive for the future refinancing possibilities of Sixt Leasing. In the interest of the other stakeholders, in particular the employees, the Managing Board and Supervisory Board welcome HCBE's, Banco Santander's and Hyundai Motors' statement that, in principle, there are no plans to carry out major restructuring processes in the organisation or in the employee representatives of Sixt Leasing. Key data on the takeover offer and the statement The joint reasoned statement of the Managing Board and Supervisory Board of Sixt Leasing SE, Pullach, on the voluntary public takeover offer (cash offer) by HCBE to the shareholders of Sixt Leasing SE published on 24 March 2020 is available free of charge from Sixt Leasing SE, Investor Relations, Zugspitzstraße 1, 82049 Pullach, Tel: +49 (0) 89 74444-4518 Fax: +49 (0) 89 74444-85169; E-Mail: ir@sixt-leasing.com. In addition, the statement is available on the Internet at https://ir.sixt-leasing.com/takeoveroffer. The statement and any supplements and/or additional statements on possible amendments to the takeover offer will be published in German and in a non-binding English translation. Only the German versions are authoritative. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
06.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1016247 |
End of News | DGAP News Service |
03/30/2020
DGAP-News: Sixt Leasing SE / Key word(s): Alliance/Product Launch Sixt Neuwagen and PAYBACK offer city SUV already from EUR 89.95 per month*
Pullach, 30 March 2020 - Sixt Leasing SE and its online portal sixt-neuwagen.de have, together with PAYBACK, come up with a very special gift for the more than 31 million PAYBACK customers to mark the 20th anniversary of the bonus programme: As of now, the Kia Stonic "VISION" is available with extensive equipment from EUR 89.95 per month*. The leasing offer is available exclusively in the PAYBACK App and is supplemented by the optional "Insurance" and "Maintenance and Wear and Tear" service packages. The vehicle configuration and ordering, as well as booking the service packages, is very easy and convenient via the PAYBACK App and is handled via Sixt Neuwagen. The first customers will be able to pick up their vehicles from one of the participating Kia dealerships as early as June 2020. The offer is limited and is valid - only while stocks last - until 26 April 2020. Michael Ruhl, CEO of Sixt Leasing SE: "We are delighted to offer PAYBACK customers an attractive city SUV at top terms, while enabling mobile, fully digital configuration and ordering for the first time. The optional service packages, the short delivery time and additional PAYBACK points round off the offer. Customers can pick up their dream vehicle from one of the participating Kia dealers already a few weeks after their order." Florian Wolfframm, Head of Marketing und Member of the Management of PAYPACK: "A new car exclusively in the PAYBACK App with points on top! We celebrate our anniversary all year round together with customers and partners. The most important thing for us is to offer them all real benefits. We wish our points collectors a good trip with the city SUV." Extensive equipment Pictures for download (click on link):
______ * plus one-time transfer costs of EUR 750.09; special promotional rate of EUR 89.95 only available for a duration of 24 months and a mileage of 10,000 kilometers. Further duration and mileage combinations possible. ** The engines have the consumption and emission figures listed below. The figures were determined according to the newly introduced "Worldwide harmonized Light vehicles Test Procedure" (WLTP). In order to maintain comparability with vehicles measured according to the previous test procedure (NEDC), the values, which have been correlated back in accordance with the applicable regulations, are shown according to the NEDC standard. The engines thus comply with the Euro 6d-Temp. Kia Stonic 1.0 T-GDI 100 Further information on the official fuel consumption and the official specific CO2 emissions of new passenger cars can be found in the "Leitfaden über den Kraftstoffverbrauch, die CO2-Emissionen und den Stromverbrauch neuer Personenkraftwagen", which is available free of charge at all sales outlets and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Straße 1, 73760 Ostfildern. The guide is also available on the Internet at www.dat.de. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
About PAYBACK: 90 percent of the points collected are redeemed by customers, the majority in value vouchers from partners or in rewards. PAYBACK has launched an app that combines mobile point collection, coupon activation and payment for the first time. The app is actively used by 10 million users. It is already one of the top 3 shopping apps in Germany.
Press contact Sixt Leasing:
Press contact PAYBACK: 30.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1009027 |
End of News | DGAP News Service |
03/25/2020
DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results Sixt Leasing SE: Significant increase in contract portfolio in 2019 financial year - More demanding general conditions in 2020
Pullach, 25 March 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has significantly increased its Group contract portfolio in the 2019 financial year according to preliminary calculations (IFRS). By the end of December, the Group contract portfolio had climbed to 136,200 contracts, reaching the highest level in the company's history. The main reason for this was the positive development in the fourth quarter. Consolidated operating revenue decreased slightly. Consolidated earnings before taxes (EBT) were 4.0 per cent below the previous year's level. Thus, business development was in line with the expectations of the Managing Board in accordance with the forecast adjusted in October 2019. In the current 2020 financial year, the general conditions are becoming more demanding, according to the Managing Board. Business development in the fourth quarter of 2019 In the fourth quarter of 2019, all business fields were able to increase their contract portfolio compared to the third quarter of 2019. The contract portfolio in Online Retail grew by 1.7 per cent. The Fleet Leasing business field recorded an increase of 2.7 per cent - thus it grew in comparison to a previous quarter for the first time since the fourth quarter of 2017. The contract portfolio in the Fleet Management business unit climbed by 16.4 per cent, in particular due to the acquisition of Flottenmeister GmbH. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) grew by 7.1 per cent compared to the previous quarter. Business development for the full year 2019 Compared to the previous year, the number of contracts in the Online Retail business field decreased slightly by 0.8 per cent to 44,300 in the 2019 financial year. A significantly higher number of expiring contracts was offset by more than 13,000 new contracts, an increase of more than 30 per cent compared to the previous year. The number of contracts in the Fleet Leasing business field declined by 6.1 per cent to 40,400 in the 2019 financial year. This was mainly due to further vehicle returns following the loss of a volume customer in the previous year. The Fleet Management business unit recorded a significant increase in the contract portfolio by 22.5 per cent to 51,500 contracts, mainly due to the acquisition of Flottenmeister GmbH with around 7,000 contracts. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) thus rose significantly by 5.0 per cent to 136,200 contracts in the 2019 financial year. This is in line with the Managing Board's forecast, which was adjusted in October 2019. Consolidated revenue grew by 2.3 per cent year-on-year to a record EUR 824.4 million. Consolidated operating revenue (excluding sales revenue) decreased by 2.6 per cent to EUR 468.2 million. The Managing Board had recently expected a figure in the region of EUR 465 million. Sales revenues from leasing returns and marketed customer vehicles in fleet management rose disproportionately by 9.5 per cent to EUR 356.3 million. The higher number of vehicle returns in the Online Retail business field contributed in particular to this increase. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) decreased by 3.4 per cent to EUR 232.7 million in the 2019 financial year. Consolidated earnings before taxes (EBT) for the 2019 financial year were 4.0 per cent below the previous year's figure at EUR 29.3 million. The Managing Board had recently expected EBT in the region of EUR 29 million. The operating return on revenue remained almost stable at 6.3 per cent (2018: 6.4 per cent). Consolidated profit declined by 2.0 per cent to EUR 21.5 million. Michael Ruhl, CEO of Sixt Leasing SE: "In 2019, we were able to increase our contract portfolio significantly, but in 2020 the general conditions are becoming more demanding. The spread of the Coronavirus in particular presents us with major challenges. Nevertheless, we are convinced that we can master this situation. Not least, we expect our potential new strategic major shareholder to give us a tailwind. Our goal remains to become the leading provider of longer-term auto-mobility in Europe. Therefore, we want to continue to implement our 'DRIVE>2021' strategy programme and, in particular, expand our product and service portfolio." Support from new strategic major shareholder With the purchase of Sixt SE's 41.9 per cent stake in Sixt Leasing SE by Hyundai Capital Bank Europe GmbH (HCBE) on 21 February 2020, Sixt Leasing SE has a new strategic major shareholder. The joint venture between Santander Consumer Bank and Hyundai Capital Services supports the existing strategy of the Sixt Leasing Group. As planned, the Managing Board of Sixt Leasing will therefore focus in the 2020 financial year on the further digitalisation of the business model and the alignment of the organisation to future national and international growth. On 24 March 2020, HCBE published the offer document after approval by Bafin. The regular acceptance period runs up to and including 30 April 2020. Further details of the takeover offer can be found at hcbe-offer.com. Outlook The forecast published on 20 March 2020 applies to the current 2020 financial year. Accordingly, the Managing Board expects a slight increase in the Group's contract portfolio compared with the preliminary figures for the 2019 financial year and consolidated operating revenue to be roughly at the previous year's level. With regard to EBT, the Managing Board expects a figure very significantly below the previous year's level. The cautious forecast is, in addition to the operative business development to date in the current year 2020, mainly due to the current national and international development of the COVID-19 situation. Moreover, the consolidated earnings in the 2020 financial year will be burdened by costs independent of the completion of the takeover bid from HCBE in a low single-digit million euro range, which will be incurred to a significant extent in Q1 2020. If the 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 a high single-digit million euro range are also expected in 2020. Possible growth impulses from the change of the major shareholder are not included in these forecasts, as they cannot be quantified at present. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2019, the Group generated consolidated revenue of EUR 824 million.
1 Preliminary figures according to IFRS; rounding differences possible 25.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 1005949 |
End of News | DGAP News Service |
02/21/2020
DGAP-News: Sixt Leasing SE / Key word(s): Offer Sixt Leasing SE gets new major strategic shareholder with Hyundai Capital Bank Europe
Pullach, 21 February 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, is to get a new major shareholder in the form of Hyundai Capital Bank Europe GmbH (HCBE), a joint venture between Santander Consumer Bank AG and Hyundai Capital Services Inc. This is the result of a share purchase agreement signed today between HCBE and Sixt SE. The agreement envisages HCBE purchasing all of Sixt SE's shares in Sixt Leasing SE, which amount to 41.9 percent, against payment of a purchase price of EUR 18.00 per share.
Hyundai Capital Bank Europe GmbH --- About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is one of the leading providers in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. www.sixt-leasing.com Sixt Leasing SE 21.02.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 981507 |
End of News | DGAP News Service |
12/11/2019
DGAP-News: Sixt Leasing SE / Key word(s): Product Launch Sixt Leasing SE starts digital aftersales of service products on sixt-neuwagen.de
Pullach, 11 December 2019 - Sixt Leasing SE, market leader in online direct sales of new cars in Germany, is expanding the service offering for private and commercial customers on its online platform sixt-neuwagen.de. This means customers now have the opportunity to book the 'worry-free maintenance and wear package' online even after placing their order for a new car. Previously this was only possible if they conclude a leasing contract at the same time. In addition, the company is preparing the sales launch for services to private and commercial companies independently of any leasing contract. Josef Finauer, Senior Director Product Management at Sixt Leasing SE: "With the digital after-sale of the 'worry-free maintenance and wear package' we are expanding our product portfolio on sixt-neuwagen.de by adding a very attractive service offering for existing customers. Further services are planned for both new and existing customers. From 2020 we will also be offering the 'worry-free package' and other services independently from a leasing contract, through partnerships for example. This will also enable private and commercial car owners to benefit from our first-class services and low-cost prices for the first time." Michael Ruhl, CEO of Sixt Leasing SE: "The launch of digital aftersales on sixt-neuwagen.de and the progress made on completely decoupling services from the leasing contract are part of our growth and digitalisation initiative. We are confident that this will give a real boost to the development of our business model in the context of our strategy programme 'DRIVE>2021'. By expanding our product and service portfolio and making it more flexible with these activities we are able to open up an even bigger market potential for our Online Retail business field." Users of the 'worry-free maintenance and wear package' profit from the top conditions and extensive partnership network of Sixt Leasing, which includes approximately 2,800 authorized workshops in Germany. The fixed monthly payment means the costs of the 'worry-free package' are always predictable and transparent. The Sixt Leasing Service Card ensures the services are easy to use. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million. Contact: 11.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 933379 |
End of News | DGAP News Service |
11/12/2019
DGAP-News: Sixt Leasing SE / Key word(s): 9 Month figures/Quarter Results Sixt Leasing SE expands contract portfolio in Online Retail and Fleet Management in third quarter 2019
Pullach, 12 November 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has expanded the contract portfolios in its Online Retail and Fleet Management business fields in the third quarter of 2019. In the Online Retail business field, the contract portfolio increased by 2.7 per cent in the period from the end of June to the end of September. This was particularly due to the successful sales cooperation between Sixt Neuwagen, Fiat and Tchibo. The Fleet Management business unit also saw its contract portfolio increase by 2.7 per cent on the previous quarter, maintaining its growth momentum. In the Fleet Leasing business field, the contract portfolio declined by 3.3 per cent over the third quarter. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) grew by 0.8 per cent in the period from the end of June to the end of September 2019. Michael Ruhl, CEO of Sixt Leasing SE: "The positive signals from the Online Retail business field and ongoing growth in the Fleet Management business unit give us confidence for the future development of the contract portfolio. Thanks to the takeover of Flottenmeister GmbH by our subsidiary Sixt Mobility Consulting GmbH, we are now even expecting the Group's contract portfolio to be significantly higher at year-end 2019 than last year." In the Online Retail business field, Sixt Leasing ran an innovative sales campaign in cooperation with Fiat and Tchibo from the end of June to early September. It involved the marketing of new, well-equipped Fiat 500 Lounge vehicles on particularly attractive terms to private customers via the online platform sixt-neuwagen.de. The campaign was very popular with both private customers and participating Fiat dealers. In the Fleet Management business unit, Sixt Mobility Consulting launched a new self-service app for company car users in the third quarter. 'The Companion' enables company car drivers to complete important car-related tasks - like making workshop appointments - quickly and easily at any time using their smartphone. Thus, Sixt Mobility Consulting is pushing ahead with the digitalisation of its business model and setting up its operations much more efficiently. At the start of the fourth quarter, Sixt Mobility Consulting GmbH also announced the acquisition of all shares of Flottenmeister GmbH. The independent fleet manager, also based in Pullach near Munich, had more than 7,000 company cars under management at the end of September. The contracts are going to be transferred to the contract portfolio of the Sixt Leasing Group in the course of the fourth quarter 2019. Business performance in 9M 2019 The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.0 per cent to 127,200 contracts during the period from the beginning of January to the end of September 2019. This was mainly due to the decline in the first quarter. In the second and third quarters, however, the contract development was positive. Consolidated revenue rose by 5.5 per cent to EUR 633.0 million compared to the same period last year. This is mainly attributable to the strong increase in sales revenues, especially from the considerably higher number of returned lease vehicles from the Online Retail business field. Consolidated operating revenue (excluding sales revenue) declined slightly by 2.3 per cent to EUR 350.0 million. Consolidated earnings before taxes (EBT) came to EUR 21.5 million for the first nine months of 2019, which is 7.8 per cent down on the previous year. The third quarter saw the strongest pre-tax earnings of the year to date at EUR 7.4 million. This brought the operating return on revenue for the first nine months of 2019 to 6.2 per cent (-0.3 percentage points). Consolidated net profit came to EUR 16.1 million (-9.5 per cent). Outlook In line with the adjusted full-year guidance published on 22 October 2019, the Managing Board is expecting the Group's contract portfolio at year-end to be significantly higher than last year. It is also anticipating consolidated operating revenue for the financial year 2019 in the range of EUR 465 million and EBT in the range of EUR 29 million. By the end of the 2021 financial year, the Managing Board continues to expect an increase of the Group's contract portfolio to around 200,000 contracts and an increase in consolidated operating revenue to around EUR 650 million. EBT is still expected to increase to EUR 40 to 45 million. --- The Group's Quarterly Statement as of 30 September 2019 can be downloaded from http://ir.sixt-leasing.com/interim-reports. About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million.
-- 12.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 910025 |
End of News | DGAP News Service |
10/22/2019
DGAP-News: Sixt Leasing SE / Key word(s): Takeover Sixt Mobility Consulting acquires Flottenmeister GmbH, expanding contract portfolio to over 50,000 contracts
Christoph v. Tschirschnitz, Managing Director of Sixt Mobility Consulting GmbH: "With the acquisition of Flottenmeister, we are successfully continuing our growth course in Europe. Thereby, we are pleased to be able to welcome a number of new customers who will continue to be supported seamlessly under the umbrella of Sixt Mobility Consulting. In addition, we want to excite them with our fully digitalised service portfolio and thereby take the cooperation with customers and their vehicle users to a new level of quality and efficiency." Michael Ruhl, CEO of Sixt Leasing SE: "The acquisition of Flottenmeister is a further step in the consistent implementation of our 'DRIVE>2021' strategy programme and a reasonable building block for achieving our growth targets. The geographical proximity and overlapping services will help us integrate Flottenmeister GmbH into the Sixt Leasing Group. In addition to volume growth, we also expect positive synergy effects from the takeover." --- About Sixt Mobility Consulting: As a bank and manufacturer-independent fleet specialist, SMC optimises the costs of companies when procuring and operating leased and purchased fleets, on request also via fully digitalised multi-bidding processes for each car ordered. In addition, SMC supports users in all vehicle-related topics, from ordering to accident management and wheel changes.
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million. 22.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 894441 |
End of News | DGAP News Service |
08/12/2019
DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results/Quarter Results Sixt Leasing SE: Business performance in first half of 2019 as expected
Pullach, 12 August 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has performed in line with expectations in the first half of 2019. The company is also confirming its forecast for the 2019 financial year and its medium-term targets for 2021. In the first six months of 2019, consolidated revenue increased significantly compared to the same period last year while, as expected, the contract portfolio and operating revenue decreased slightly. Consolidating earnings before taxes (EBT) came in below last year's figure, as expected. Michael Ruhl, CEO of Sixt Leasing SE: "For the second half of 2019, we are expecting a stronger business performance than in the first half of the year. In particular, the further implementation of our 'DRIVE>2021' strategy programme will contribute to this. Our goal is to increase revenue and earnings significantly over the medium term. In doing so, we want to become the leading provider of longer-term auto-mobility in Europe." Sixt Leasing's business model is to be developed in the 2019 financial year. To this end, the Managing Board has implemented various measures in the four areas of Products, Customer Experience, Segments & Markets and Processes. The focus is on growth and digitalisation initiatives in order to expand the product and service offer and to make it more flexible. In this context, an extension of the corporate purpose has already been decided by the Annual General Meeting. Accordingly, the company is now able to offer or broker certain products and services independently of any lease or fleet management contract. As part of the 'DRIVE>2021' strategy programme, further measures could be successfully implemented in the first half of 2019. In the Online Retail business field, Sixt Leasing launched an innovative sales cooperation with Fiat and Tchibo via its sixt-neuwagen.de online platform to market a brand-new Fiat 500 Lounge to private customers at particularly attractive rates. For the first time, such a cooperation integrated not only the car manufacturer but also the dealers. In the Fleet Management business segment, international expansion was given a boost with new managers in Austria, France and the Netherlands. The Austrian subsidiary is now also focused on serving customers in Eastern Europe. In Germany, the sales team was strengthened and the test phase of the new self-service app 'The Companion' for company car users started. The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.7 per cent to 126,200 contracts during the period from the beginning of January to the end of June 2019. In the second quarter, however, the contract development was positive. The Group's contract portfolio increased again slightly compared to the end of the first quarter. In the Leasing business segment, the contract portfolio's development was burdened by further vehicle returns from the 1&1 campaign as well as further returns resulting from last year's dropped out high-volume customer in the Fleet Leasing business field. In the Fleet Management business segment, the contract portfolio continued to grow. Consolidated revenue rose by 8.5 per cent to EUR 428.0 million compared to the same period last year. This is mainly attributable to the significant increase in sales revenues, especially from the considerably higher number of sold lease returns in the Online Retail business field. Consolidated operating revenue (excluding sales revenue) remained virtually stable at EUR 232.5 million (-1.5 per cent). Consolidated earnings before taxes (EBT) in the first half of 2019 were with EUR 14.1 million in line with expectations (-10.7 per cent compared to the first half 2018). The operating return on revenue therefore amounted to 6.1 per cent (-0.6 percentage points). Consolidated net profit totalled EUR 10.4 million (-9.5 per cent). For the second half of 2019, the Managing Board expects a stronger business performance than in the first half of 2019. For the 2019 financial year, the Managing Board therefore continues to expect a slight increase of the Group's contract portfolio as well as consolidated operating revenue and EBT both at around the previous year's level. By the end of the 2021 financial year, the Managing Board continues to expect an increase of the Group's contract portfolio by around 50 per cent to around 200,000 contracts and a significant increase in consolidated operating revenue to around EUR 650 million. EBT is still expected to increase from just over EUR 30 million to EUR 40 to 45 million compared to the 2018 financial year. ---
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million.
-- 12.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 855441 |
End of News | DGAP News Service |
07/29/2019
DGAP-News: Sixt Leasing SE / Key word(s): Personnel Change in the Supervisory Board of Sixt Leasing SE: Dr Julian zu Putlitz succeeds Dr Bernd Metzner Pullach, 29 July 2019 - Effective 23 July 2019, Mr Dr Julian zu Putlitz was appointed to the Supervisory Board of Sixt Leasing SE by the Munich District Court at the request of the Managing Board. He succeeds Dr Bernd Metzner, who will no longer be able to fulfil his Supervisory Board mandate due to his move to Gerresheimer AG and resigned from the Board on 18 July 2019. From 2009 to 2018, Dr Julian zu Putlitz was Chief Financial Officer (CFO) of Sixt SE and played a major role in the successful development of the Sixt Group in the past ten years. Moreover, prior to the IPO of Sixt Leasing SE he already was Member of the Supervisory Board of Sixt Leasing SE from 2009 to 2015. Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing SE: "With Mr Dr zu Putlitz the Supervisory Board of Sixt Leasing SE has gained an absolute financial specialist and Sixt expert. Personally, I am very pleased that Dr zu Putlitz is now available for Sixt in this new function. I am confident that he will contribute his expertise to the further development of the Sixt Leasing Group for the benefit of the Company and its shareholders. On behalf of the Supervisory Board, I would like to thank Mr Dr Metzner for his trusting cooperation." About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million.
29.07.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 848159 |
End of News | DGAP News Service |
06/25/2019
DGAP-News: Sixt Leasing SE / Key word(s): Alliance/Product Launch Dolce Vita with Sixt Leasing: Online market leader Sixt Neuwagen launches innovative sales partnership with Fiat and Tchibo - Ordering a Fiat 500 Lounge incl. City Package at a special price from EUR 85 per month via tchibo.de
Pullach, 25 June 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany, is launching an innovative sales partnership with Fiat and Tchibo via its online platform sixt-neuwagen.de. Thereby, the cooperation partners are offering private customers a brand new Fiat 500 Lounge at the exclusive special price beginning from EUR 85 per month*. The promotion runs from today until 12 August as part of Tchibo's 'La Dolce Vita' Week World on the website www.tchibo.de/sixt-neuwagen and applies only for as long as stocks last. Orders can be placed very easily using Sixt Neuwagen's digital ordering process. Vehicles from the first tranche can be picked up at the Fiat dealer as early as August. The second tranche is expected to be delivered by the end of October, so that customers can get their car afterwards. Dr Felix Frank, Managing Director Online Retail at Sixt Leasing SE: "We are delighted to launch an innovative sales partnership with Fiat and Tchibo, in which a car manufacturer, car dealers and a marketing partner are teaming up with Sixt Neuwagen for the first time. Our customers in particular benefit from this. With the Fiat 500 Lounge, we are offering them an iconic Italian car with extensive equipment, which can be used cheaply and flexibly thanks to the attractive monthly rate and the individual support. Our optional service products complete the offer." Extensively equipped city speedster Digital process ensures convenient ordering process The vehicles are delivered via the Fiat dealership network, where they are also be taken back at the end of the leasing period. When placing their order, customers have the option of selecting a participating Fiat partner near them, where they can conveniently receive their new car. At the same time, they will be given full instructions about the functionalities of the Fiat 500 Lounge, as well as further advice. Daniel Schnell, Director Fleet & Business Sales FCA Germany AG: "For us, the sales partnership with Sixt Leasing and Tchibo is the ideal combination of a fully digital sales process via the internet and the stationary Fiat retail network. The trade partner accompanies the entire period of use of the vehicle, from delivery through maintenance to return, and is available to the customer as a contact at any time." Roberto Debortoli, Brand Country Manager Fiat/Abarth: "Innovative vehicle and mobility concepts have been part of Fiat's brand DNA for 120 years now. In its current 2020 model year, the Fiat 500 is again the epitome of Italian automotive culture, which makes it the perfect vehicle for this partnership for FCA. I would also like to take this opportunity to thank our Fiat trade partners again, who are supporting us to jointly implement this campaign. We see this promotion as a chance to reach new customers who have not yet had Fiat in their relevant set. We expect this to generate significant additional business." With optional service products to an all-round carefree package Cooperation partner with strong brand and reach -- * Price applies to a kilometre-based leasing contract with a duration of 4 years, 48 monthly instalments of each EUR 85.04 (incl. VAT and costs for sending the ZLB II; plus transportation costs of EUR 399.00) with 10,000 km per year (5.70 cents per additional km). Further financing details, such as net loan amount, effective annual interest rate and nominal interest rate, as well as further details regarding consumption data can be found in the information on the website www.sixt-neuwagen.de/tchibo. -- About Sixt Leasing: 25.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 830179 |
End of News | DGAP News Service |
06/17/2019
DGAP-News: Sixt Leasing SE / Key word(s): Expansion/Personnel Sixt Mobility Consulting drives international expansion - New management personnel in Austria, France and the Netherlands
Pullach, 17 June 2019 - Sixt Mobility Consulting GmbH, one of the leading independent providers of fleet management services in Europe and a wholly-owned subsidiary of Sixt Leasing SE, is driving forward its international expansion. To this end, the company is reinforcing its foreign subsidiaries with new management personnel. Now, the mobility experts Rainer Pflügler, Philippe Huillard und Bas Bogerd are the first point of contact for corporate fleets in Austria, France and the Netherlands. Rainer Pflügler was previously Managing Director of various subsidiaries at Porsche Inter Auto GmbH in Upper Austria, most recently at AVEG Linz-Leonding. Philippe Huillard held various management positions over a period of 20 years at ALD Automotive in France, most recently as Sales Director for Light Commercial Vehicles. Bas Bogerd worked for more than ten years in various positions at Athlon Car Lease in the Netherlands, most recently as Business Consultant Mobility at Athlon International. Sixt Mobility Consulting aims to expand its European business significantly and broaden its range of services. Customers will be served on site by strong local teams. Rainer Pflügler has also been tasked with expanding the Austrian business to Eastern Europe via customers' subsidiaries. This will enable them to profit even more from the clear efficiency and transparency benefits that Sixt Mobility Consulting offers, thanks to its long-standing know-how in digital fleet management and extensive service network in Europe. Christoph v. Tschirschnitz, Managing Director Sixt Mobility Consulting: "By expanding our business in Austria, France and the Netherlands, we are laying the foundations for exploiting the great market potential abroad even better. Our aim is to expand to additional countries and accelerate our mid-term growth significantly." --- About Sixt Mobility Consulting:
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million.
17.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 825623 |
End of News | DGAP News Service |
06/04/2019
DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM/Dividend Sixt Leasing SE: Annual General Meeting votes for stable dividend and extension of the corporate purpose
Pullach, 4 June 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, held a successful Annual General Meeting yesterday in Munich. Approximately 61 per cent of share capital was represented altogether. The shareholders adopted all the proposals from the Supervisory Board and Managing Board by a large majority. Items on the agenda included the appropriation of distributable profits and the extension of the corporate purpose in its Articles of Association. Stable dividend approved Corporate purpose extended The Managing Board expects that these growth initiatives will already start to have an effect in 2019 and will achieve their full potential by 2020 at the latest. Fleet growth in Germany, extending the service business and international expansion in particular are intended to contribute to achieving the Company's medium-term growth targets by financial year 2021. Michael Ruhl, CEO of Sixt Leasing SE: "We are pleased with the high level of approval for our proposals and would like to express our sincere thanks to our shareholders. In future, we intend to grow even faster, both in direct sales and via partnerships and cooperation agreements. This puts us in an optimal position for becoming Europe's leading provider of longer-term auto-mobility." All the information about the Annual General Meeting 2019 and the voting results are available from the website http://ir.sixt-leasing.com. - About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million.
04.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 819151 |
End of News | DGAP News Service |
05/08/2019
DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results/Quarterly / Interim Statement Sixt Leasing SE: Business development in Q1 2019 in line with expectations
Pullach, 8 May 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has performed as expected in the first quarter of 2019 and is confirming its forecast for the 2019 financial year as well as its medium-term targets for 2021. In addition, the Managing Board has introduced various measures to further develop the Group's business model and to increase revenue and earnings significantly over the medium term. Michael Ruhl, CEO of Sixt Leasing SE: "Our goal for 2019 is to significantly develop our business model in the four areas of Products, Customer Experience, Segments & Markets and Processes. Our focus will be on digitalisation throughout this. In doing so, we are laying the foundation for becoming the leading provider of longer-term auto-mobility in Europe."
Business performance in Q1 2019 The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased slightly by 3.1 per cent to 125,600 contracts during the period from the beginning of January to the end of March 2019. Throughout this, the contract portfolio was adversely affected in particular by the continued high number of vehicle returns due to the successful 1&1 campaign and last year's drop-out of a volume Fleet Leasing customer. Consolidated revenue rose by 15.2 per cent to EUR 232.7 million compared to the same period last year. This is mainly attributable to the significant increase in sales revenue, especially from the considerably higher number of sold leasing returns in the Online Retail business field. Consolidated operating revenue (excluding sales revenue) declined by 0.6 per cent to EUR 119.7 million, remaining virtually stable. Consolidated earnings before taxes (EBT) therefore fell by 12.7 per cent to EUR 7.0 million. The operating return on revenue decreased by 0.8 percentage points to 5.9 per cent. Consolidated net profit declined by 3.8 per cent to EUR 5.7 million.
For the 2019 financial year, the Managing Board continues to expect a slight increase of the Group's contract portfolio as well as consolidated operating revenue and EBT both at around the previous year's level. At the same time, the business development in the first half of 2019 is still expected to remain significantly weaker than in the same period of the previous year as well as the expected business development in the second half of 2019. By the end of the 2021 financial year, the Managing Board continues to expect an increase of the Group's contract portfolio by around 50 per cent to around 200,000 contracts and a significant increase in consolidated operating revenue to around EUR 650 million. EBT is still expected to increase from just over EUR 30 million to EUR 40 to 45 million compared to the 2018 financial year. -- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million.
1 Rounding differences possible 08.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 808201 |
End of News | DGAP News Service |
04/16/2019
DGAP-News: Sixt Leasing SE / Key word(s): Annual Results Sixt Leasing SE accelerates digitalisation of the business model and confirms forecasts
Pullach, 16 April 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has published its Annual Report 2018 and presented its plans for the further implementation of its strategy programme 'DRIVE>2021' today. Accordingly, the digitalisation of the business model in particular is to be continued in the financial year 2019. The Managing Board assumes that the growth initiatives planned in this context will already start to have an effect in the current financial year and will achieve their full potential by the financial year 2020 at the latest. On this basis, the Managing Board confirms the forecast for the financial year 2019 and the outlook for 2021 adjusted in March. Growth through digitalisation In 2018, the company has further improved its risk-return profile and laid the foundation for future growth. In the financial year 2019, the Managing Board is shifting its focus to expanding the product and service offering and making it more flexible with various digitalisation initiatives. At the same time, efficiency gains are to be achieved by means of process optimisation. Michael Ruhl, CEO of Sixt Leasing SE: "In 2019, we are shifting our focus from risk management to digitalisation in the implementation of our strategy programme 'DRIVE>2021'. Our vision is to become the leading provider of longer-term auto mobility in Europe. To this end, we will offer our customers the best-in-class individualised solutions. We are confident that this will accelerate our future revenue and earnings growth and bring us back onto the growth path in terms of contract portfolio." Financial year 2018 The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.4 per cent to 129,700 contracts in the financial year 2018, remaining roughly at the level of the previous year. This was due to the slow implementation of the new WLTP emission test procedure and the diesel discussion. Consolidated revenue climbed by 8.3 per cent to a record EUR 805.8 million, in particular due to the strong contract growth in the Online Retail business field in the previous year. Consolidated operating revenue (excluding sales revenue) increased by 5.7 per cent to EUR 480.5 million. Consolidated earnings before taxes (EBT) rose by 2.8 per cent to EUR 30.5 million. Operating return on revenue remained relatively stable at 6.4 per cent (2017: 6.5 per cent). Consolidated net profit improved by 5.1 per cent to EUR 22.0 million. The Supervisory Board has approved the Managing Board's plan to propose a stable dividend of EUR 0.48 per share for the financial year 2018 to the Annual General Meeting on 3 June 2019. Outlook For the current financial year 2019, the Managing Board is still expecting a slight increase of the Group's contract portfolio as well as consolidated operating revenue and EBT both at around the previous year's level. In the course of this, business development in the first half-year 2019 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. Regarding the mid-term outlook, the growth targets adjusted in last March continue to apply. Accordingly, the Managing Board plans to increase the Group's contract portfolio by around 50 per cent to around 200,000 contracts by the end of the financial year 2021. The key drivers will be the two business fields Online Retail and Fleet Management, where very strong growth is expected in the medium term. Regarding consolidated operating revenue, the Managing Board is expecting a significant increase to around EUR 650 million by the financial year 2021. EBT is projected to grow from currently just over EUR 30 million to EUR 40 to 45 million by 2021. -- The outlook is based on the figures presented in the Annual Report 2018, which Sixt Leasing SE has published today and which can be downloaded from http://ir.sixt-leasing.com/annual-reports. Accordingly, the report shows no deviations from the preliminary annual figures already released in March. About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million. Contact: 16.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 800427 |
End of News | DGAP News Service |
03/13/2019
DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results/Forecast Sixt Leasing SE achieves record revenue and increases earnings in 2018 financial year
Pullach, 13 March 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, generated record revenue and increased its earnings in the 2018 financial year, according to preliminary calculations (IFRS). The Group's contract portfolio remained almost stable compared to the previous year, but is expected to increase again slightly in 2019. In the mid-term, the Managing Board expects significant growth, also for revenue and earnings. Business performance The contract portfolio in the Fleet Management business unit increased stronger than expected by 6.6 per cent to 42,000 contracts. The contract portfolio in the Fleet Leasing business field saw a decrease of 10.5 per cent to 43,000 contracts. This was primarily due to the unexpected loss of a volume customer and the active risk management announced at the beginning of the year. Within this initiative, the potential residual value risk posed by diesel vehicles across the total new leasing business was lowered successfully. The portfolio of diesel vehicles in Germany with the Euro 5 standard or lower without buyback agreement was thereby reduced to just approximately 2,800 vehicles as at 31 December 2018. This equates to a decline of approximately 50 per cent in comparison to the corresponding previous year's figure (31 December 2017: around 5,600 vehicles). Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.4 per cent to 129,700 contracts, remaining roughly at the level of the previous year. Consolidated revenue climbed by 8.3 per cent year-on-year to a record EUR 805.8 million, in particular due to the expansion of the contract portfolio in the Online Retail business field in the 2017 financial year. Consolidated operating revenue (excluding sales revenue) increased slightly stronger than expected by 5.7 per cent to EUR 480.5 million. Sales revenue from leasing returns and marketed customer vehicles in Fleet Management achieved above-average growth of 12.3 per cent to EUR 325.3 million. This was mainly due to a higher number of vehicle returns in the Online Retail business field. Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased slightly in the 2018 financial year by 2.8 per cent to EUR 240.8 million. The financial result increased significantly year-on-year by EUR 3.0 million to EUR -13.2 million. Interest expenses were reduced significantly especially as a result of the repayment of the last two instalments of the Core Loan to Sixt SE in the amount of EUR 300 million in June 2017 and EUR 190 million in June 2018. Consolidated earnings before taxes (EBT) rose by 2.8 per cent to EUR 30.5 million in the 2018 financial year, thereby roughly matching the previous year's figure as forecasted. Operating return on revenue remained relatively stable at 6.4 per cent (2017: 6.5 per cent). Consolidated net profit rose by 5.1 per cent to EUR 22.0 million. Subject to the approval of the Supervisory Board, the Managing Board plans to propose a dividend of EUR 0.48 per share for the 2018 financial year to the Annual General Meeting on 3 June 2019. This proposal represents a pay-out ratio of around 45 per cent of consolidated net profit and a dividend yield of 4.2 per cent based on the closing price at year-end 2018. The ratio is therefore in the middle of the communicated target range of 30 to 60 per cent of the consolidated net profit. Michael Ruhl, CEO of Sixt Leasing SE: "In 2018, we have made our portfolio fit for the future and thereby improved our risk-return profile significantly. In 2019, we intend to get back on our growth path and to expand the product portfolio and make it more flexible via various digitisation initiatives. At the same time, we plan to leverage cost potentials and realise efficiency enhancements through process optimisations." Due to the recent noticeable change of the market environment and the customer preferences especially in Online Retail, Sixt Leasing is now increasingly focussing on supplementing its offerings through products and services which can be used to target further customer groups. On the basis of evolved strengths and long-time experience in the early development of customer-oriented solutions, the company is very well positioned to benefit disproportionally from the expected continuing strong market growth. Outlook On the basis of the present market and business development, the Managing Board has adjusted the medium-term growth targets. Thus, it is expecting an increase of the Group's contract portfolio to around 200,000 contracts until the end of the 2021 financial year (previously: more than 220,000 contracts). The company hence still expects very strong growth in the Online Retail and Fleet Management business fields in the medium term. Regarding consolidated operating revenue, the company expects a significant increase to around EUR 650 million by the financial year 2021 (previously: around EUR 700 million). EBT is also expected to increase significantly to a figure in the range of EUR 40 to 45 million by 2021 (previously: EUR 50 million).
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million. Contact:
1 Preliminary figures according to IFRS; rounding differences possible 13.03.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|
01/31/2019
DGAP-News: Sixt Leasing SE / Key word(s): Alliance Sixt Leasing SE: Speed up and take off - Sixt Neuwagen launches joint promotion with Miles & More
Pullach, 31 January 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, is launching a four-week promotion with Miles & More tomorrow: From February 1 to February 28, 2019, Miles & More members will receive an additional 15,000 award miles from Sixt Neuwagen when they order an SUV from https://www.sixt-neuwagen.de/milesandmore as a private customer.* Thereby, collectors of miles can either choose a quickly available stock vehicle or configure their desired SUV. Additionally, if they opt for a Vario-financing contract, they can even buy the vehicle at a predefined price at the end of the contractual term. At the start of the promotion, six brands will be available: VW, Toyota, Land Rover, Peugeot, Kia and Mazda. The most affordable models, the Peugeot 2008 and the Mazda CX-3, are available from just EUR 139 per month.** Over the course of the promotion, brands and prices may vary. Dr Felix Frank, Managing Director Online Retail at Sixt Leasing SE: "In February, bargain hunters do not only benefit from our attractive rates for popular SUVs, they also collect award miles from Miles & More. The 15,000 miles can be used on the next Lufthansa flight, for example, in keeping with our motto: Always stay mobile, be it on the road or in the air." In order to snap up the award miles, Miles & More members select an SUV deal on https://www.sixt-neuwagen.de/milesandmore. Afterwards, they enter the code 'MM2019' and send a copy of their Miles & More service card to Sixt Neuwagen. Then, the new SUV can even be delivered to their front door.
** The price is valid for a Vario-financing contract without upfront payment and with final payment. For further details on financing, such as net loan amount, annual percentage rate and borrowing rate, please refer to the information on the website https://www.sixt-neuwagen.de/milesandmore --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
31.01.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
End of News | DGAP News Service |
01/14/2019
DGAP-News: Sixt Leasing SE / Key word(s): Alliance Sixt Leasing starts exclusive fleet leasing cooperation with Iberofleeting in Spain and Portugal Pullach, 14 January 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, is starting an exclusive cooperation with Iberofleeting in Spain and Portugal following a successful year-long trial phase. Iberofleeting has more than 20 years of experience in fleet leasing as a manufacturer- and bank-independent provider. In the context of the cooperation, both companies will forward fleet customers to each other. Accordingly, Iberofleeting customers who operate fleets in Germany or any of the other around 30 countries in the Sixt Leasing network will then be able to make use of the Sixt Leasing offering. In return, Sixt Leasing customers with fleets in Spain and Portugal will be able to take advantage of Iberofleeting services. Michael Ruhl, CEO of Sixt Leasing SE: "Through the cooperation with Iberofleeting, we strengthen our fleet leasing business with international customers and, at the same time, offer our existing customers with fleets in Spain and Portugal a partner who can provide a high-quality service locally." Thanks to the agreement, Sixt Leasing customers enjoy the same high quality of service with Iberofleeting that they are used to from Sixt Leasing. The cooperation is an exclusive arrangement: Iberofleeting is the only cooperation partner of Sixt Leasing in Spain and Portugal. Likewise, Sixt Leasing is the only cooperation partner of Iberofleeting in the Sixt Leasing network. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million. 14.01.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
End of News | DGAP News Service |
11/14/2018
DGAP-News: Sixt Leasing SE / Key word(s): 9-month figures/Quarterly / Interim Statement Sixt Leasing SE increases revenue and earnings in the first nine months of 2018
Pullach, 14 November 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, has increased its revenue and earnings before taxes (EBT) in the first nine months of the 2018 financial year. The contract portfolio was approximately at the previous year's level, while the potential residual value risk from diesel vehicles without buyback agreement were reduced significantly. The Managing Board confirms the forecast for the full-year 2018 that was adjusted in September. The contract portfolio in the Online Retail business field increased by 2.3 per cent to 46,500 contracts in the period from the end of December to the end of September. In the Fleet Management business unit, the contract portfolio increased as well by 3.3 per cent to 40,700 contracts. The contract portfolio in the Fleet Leasing business field saw a reduction of 8.2 per cent to 44,100 contracts. This was in particular due to the active risk management as part of the strategy programme DRIVE>2021 to reduce the potential residual value risk from diesel vehicles without buyback agreement and the drop-out of a volume customer. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) was approximately at the previous year's level, decreasing by 1.2 per cent to 131,300 contracts. Björn Waldow, CFO of Sixt Leasing SE: "In the first nine months of the 2018 financial year, we successfully pushed ahead with the implementation of our strategy programme DRIVE>2021, particularly with regard to the active risk management for older diesel vehicles, and held our ground well despite the ongoing diesel debate. We are also making good progress in digitalisation and preparing for internationalisation." Consolidated revenue climbed year-on-year by 8.5 per cent to EUR 600.1 million, in particular due to the expansion of the contract portfolio in the Online Retail business field in the 2017 financial year. The Group's operating revenue (excluding sales revenues) increased by 6.8 per cent to EUR 358.0 million. Sales revenues from leasing returns and marketed customer vehicles rose disproportionately by 11.2 per cent to EUR 242.1 million. This was mainly due to a higher number of vehicle returns in the Online Retail business field. Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased in the first nine months by 4.0 per cent to EUR 181.3 million. The financial result improved substantially by EUR 2.8 million to EUR -10.3 million. Interest expenses were reduced significantly especially as a result of the repayment of the last two instalments of the Core Loan to Sixt SE in the amount of EUR 300 million in June 2017 and EUR 190 million in June 2018. Consolidated earnings before taxes (EBT) increased by 12.3 per cent to EUR 23.4 million in the first nine months of 2018 compared to the same period of the previous year that was burdened by special effects. Especially additional risk provisions for leasing vehicles have been recorded in the third quarter of 2017. The operating return on revenue improved by 0.3 percentage points to 6.5 per cent, remaining clearly above the target figure of 6.0 per cent. Consolidated net profit rose by 16.0 per cent to EUR 17.8 million. The equity ratio amounted to 14.9 percent at the end of September 2018 and was thus 0.7 percentage points above the ratio at the end of 2017 despite the dividend payment of EUR 9.9 million in June. Gross cash flow rose by 10.5 per cent to EUR 174.5 million compared with the first nine months of 2017. At EUR 386.9 million, investments in lease assets were 10.9 per cent below the level of the same period of the previous year. Active risk management With the new WLTP test procedure, on 1 September 2018 stricter emission guidelines for light vehicles have entered into force. As a result, new passenger car registrations are now only permitted for the latest generations of Euro 6 diesel vehicles with significantly lower emission levels. The consequent introduction of stricter regulations and the changed framework conditions in this respect enable Sixt Leasing now to make risk management for diesel vehicles more flexible again. Furthermore, since the start of the year, the portfolio of diesel vehicles with the Euro 5 standard and lower in Germany without buyback agreement has continued to decline strongly. Thus, the number of these vehicles on the balance sheet decreased by a good 40 per cent to only around 3,400 vehicles as of 30 September 2018 compared to the end of 2017. Since the start of 2016, in total nearly 10,000 diesel vehicles without buyback agreement with the Euro 4 and 5 standard have been sold successfully. Outlook --- The quarterly report of the Sixt Leasing Group as of 30 September 2018 can be downloaded from http://ir.sixt-leasing.com/interim-reports. About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million. Contact:
--- 14.11.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
End of News | DGAP News Service |
10/30/2018
DGAP-News: Sixt Leasing SE / Key word(s): Change of Personnel Change in the Managing Board of Sixt Leasing SE: Michael Martin Ruhl takes over CEO position from Thomas Spiegelhalter effective from 1 January 2019 Michael Martin Ruhl has been Managing Director of Hannover Leasing GmbH & Co. KG since 2013. The company manages more than 200 investments and mutual funds with a total asset value of around 10 billion euros. As CEO of Sixt Leasing SE, Mr Ruhl will assume responsibility for the departments Group Strategy and Corporate Development, Sales, Marketing, Operations, Purchasing, Remarketing und Human Resources. Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing SE: "On behalf of the Supervisory Board, I would like to thank Mr Spiegelhalter for his commitment to the company and wish him all the best for the future. With Michael Martin Ruhl, we have gained a leasing expert with more than 20 years of sales experience. The Supervisory Board is convinced that with Mr Ruhl at the top, Sixt Leasing will successfully continue the growth course it has embarked on and will push ahead with the planned international expansion in the Online Retail and Fleet Management business fields." --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
30.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
End of News | DGAP News Service |
10/11/2018
DGAP-News: Sixt Leasing SE / Key word(s): Change of Personnel
Sixt Mobility Consulting under new leadership: Christoph von Tschirschnitz appointed Managing Director of Sixt Mobility Consulting, set to lead the future expansion in Europe
Pullach, 11 October 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, has gained Christoph von Tschirschnitz as new Managing Director of Sixt Mobility Consulting GmbH. Thereby, he will be in charge of the European business and the further national and international expansion of the Fleet Management business unit of the Sixt Leasing Group. Sixt Mobility Consulting is one of the leading independent providers of fleet management and a wholly-owned subsidiary of Sixt Leasing SE. The fleet specialist advises companies on the management of fleets, provides all services of fleet management through innovative IT tools and analyses, serves fleet users and supports companies in procuring fleets, for example, through IT-based multi-bidding processes. Thomas Spiegelhalter, CEO of Sixt Leasing SE: "With the appointment of Christoph von Tschirschnitz, our Group is strengthened with a Managing Director who has long-time experience in all sales and financing areas of the automotive industry, excellent knowledge of Europe's automotive and mobility markets as well as a very good network. I am convinced that his international management experience will contribute to driving forward our ambitious growth plans for the Fleet Management business unit both in Germany and abroad." From 1992 to 2018, Christoph v. Tschirschnitz worked with the BMW Group. During this time, he successfully held various positions in the upper management in the fields Corporate Control/M&A, Distribution Channels Strategy, at BMW Motorrad and as the Director of Sales & Marketing for the BMW sales region Asia, Pacific, Africa and Eastern Europe. Before Mr v. Tschirschnitz was President and CEO of the BMW Group Region Central & Southeastern Europe from 2014 until 2018, he had been in charge of the Corporate & Direct Sales business segment as member of the BMW Group Germany management. Christoph v. Tschirschnitz: "I am looking forward to becoming a member of the Sixt Leasing Group's management team. Individual mobility will remain an essential need of people - in their private as well as business lives. For companies the fleet is essential for operations, for employees it is a strong motivational factor - and always a major cost factor. Due to increasing requirements, either by regulatory changes, technological innovations or demands of drivers, fleet management for companies is becoming more and more complex. From my point of view, Sixt Mobility Consulting provides an enormous capability and convincing answers for companies - neutral and independent of manufactures and leasing providers. Thus, the various challenges become opportunities for an even more efficient and, for employees, attractive fleet organisation." --- About Sixt Mobility Consulting: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
11.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
End of News | DGAP News Service |
10/04/2018
DGAP-News: Sixt Leasing SE / Key word(s): Product Launch Sixt Leasing starts autumn with 'HotCars' promotion - Fiat 500 available at a special price starting at EUR 99 per month*
Pullach, 4 October 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, starts autumn with new offerings. In the period from October 4 until December 31, 2018 the company will be providing a limited number of popular vehicle models at exceptionally attractive terms as part of the 'HotCars' promotion. Until the end of the year, six vehicles from various manufacturers will each be available for four weeks as individually configurable new vehicles at a special price. Beginning from today, the Fiat 500 can be ordered for a monthly instalment starting at EUR 99*. Additionally, the Ford Transit will be provided specifically to commercial customers throughout the entire promotion period beginning from EUR 109 per month (excl. VAT)*. Private and commercial customers find the current 'HotCars' at www.sixt-neuwagen.de/hotcars, where they can easily add extras and further services such as insurance or winter tyres. Customers, who do not want to miss out on any of the new offers in the coming weeks, have the opportunity to subscribe to the free Sixt Neuwagen newsletter for regular information via email. Thomas Spiegelhalter, CEO of Sixt Leasing SE: "With our autumn promotion, at the end of the year we provide our customers with extraordinary offers at exceptionally attractive terms. As a multi-brand new vehicle portal, sixt-neuwagen.de is the first point of contact for all people who are interested in new cars and want to get a good bargain." --- * The price is valid for a Vario-financing contract without upfront payment and with final payment. For further details on financing, such as net loan amount, annual percentage rate and borrowing rate, please refer to the information on the website www.sixt-neuwagen.de/hotcars. --- About Sixt Leasing: Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
04.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
End of News | DGAP News Service |
08/14/2018
DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results Sixt Leasing SE increases revenue to just under EUR 400 million in the first half of 2018
Pullach, 14 August 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, recorded further growth in revenue and contracts in the first half of 2018. Considering the solid business development so far this year, the Managing Board confirms its forecast for the 2018 financial year. The contract portfolio in the Online Retail business field increased by 3.6 per cent to 47,000 contracts in the period from the end of December to the end of June. The Fleet Management business unit also recorded a growth of 4.6 per cent to 41,200 contracts. As expected, the contract portfolio in the Fleet Leasing business field saw a slight reduction of 5.2 per cent to 45,600 contracts, mainly following the active risk management to reduce residual value risks from diesel-powered vehicles without buyback agreement. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) rose slightly by 0.7 per cent to 133,800 contracts. Thomas Spiegelhalter, CEO of Sixt Leasing SE: "Overall, the first half of the year was in line with our expectations. However, the sluggish transition to the new calculation logic for determining CO2 emissions does not leave us unaffected. New business in the second quarter, in particular in the Online Retail business field, suffered from the fact that around one quarter of the most popular models at sixt-neuwagen.de could not be ordered. The situation is currently concerning the entire industry, but should probably calm down by the end of the year. We are planning initiatives in the further course of the year to stimulate new business in Online Retail. Accordingly, we stick to our targets for the 2018 financial year. In addition, at the end of the year Dr Felix Frank from AutoScout24 will join Sixt Leasing SE as Chief Digital Officer and give the business additional momentum." Consolidated revenue climbed year on year by 6.9 per cent to EUR 394.3 million. The Group's operating revenue (excluding sales revenues) increased by 5.6 per cent to EUR 236.1 million. Sales revenues from leasing returns and remarketed customer vehicles saw an increase of 9.0 per cent to EUR 158.2 million. This was in particular due to the successful remarketing of the significantly higher number of vehicle returns in the Online Retail business field. Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 3.4 per cent to EUR 121.0 million in the first half of the year. The financial result improved significantly compared to the first half of last year by EUR 2.4 million to EUR -7.1 million. The main reason for this was the decrease in interest expenses as a result of the repayment of a EUR 300 million portion of the Core Loan to Sixt SE in June 2017. At the end of June 2018, Sixt Leasing SE repaid the last EUR 190 million instalment of the Sixt SE loan, especially from the proceeds of the bond issuance in May. As a result, the company expects further savings in interest costs over the next twelve months. As expected, consolidated earnings before taxes (EBT) declined by 5.6 per cent to EUR 15.8 million, in particular due to investments in IT and digitisation as well as costs for the ramp-up in staff necessary in the context of the growth plans. As a result, the operating return on revenue fell by 0.8 percentage points to 6.7 per cent, but at the same time remained significantly above the target figure of 6.0 per cent. Consolidated net profit declined by 7.7 per cent to EUR 11.5 million. Active risk management The equity ratio at the end of June 2018 was at 14.3 per cent, 0.1 percentage points above the ratio at the end of 2017 despite the dividend pay-out of EUR 9.9 million in June. Gross cash flow improved by 9.5 per cent to EUR 114.1 million compared to the first half of 2017. At EUR 280.9 million, investments in leased assets remained roughly at the level of the prior-year period (H1 2017: EUR 281.3 million). The Managing Board continues to expect a slight increase of the Group's contract portfolio, consolidated operating revenue and EBITDA for the fiscal year 2018. The Board also maintains its expectation that EBT will remain at roughly the same level as the previous year. Operating return on revenue is also expected to be in line with the 6 per cent target. --- The full half-year report can be downloaded at http://ir.sixt-leasing.com/interim-reports.
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
14.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
End of News | DGAP News Service |
07/31/2018
DGAP-News: Sixt Leasing SE / Key word(s): Change of Personnel Sixt Leasing appoints Dr Felix Frank from AutoScout24 as new Head of Online Business
Pullach, 31 July 2018 - Sixt Leasing SE, market leader in the online sales of new vehicles and specialist in the management and full-service leasing of large fleets, has appointed Dr Felix Frank as new Chief Digital Officer (CDO) and Managing Director Online Retail. Mr Frank will move from AutoScout24 to Sixt Leasing at the end of the year and will be responsible for the online business with the platforms sixt-neuwagen.de and autohaus24.de. As Vice President Customer Product and Marketing at the Scout24 Group, Felix Frank currently heads the operational management of the digital marketplace AutoScout24 as well as the marketing and product strategy for the dealer and manufacturer business. Thomas Spiegelhalter, CEO of Sixt Leasing SE: "We are very pleased to have hired Felix Frank, a proven expert in digital business models and a profound authority on internet automobile sales. He is the ideal cast for the position as head of the online business. I am sure that Mr Frank will make a significant contribution to achieving our ambitious expansion plans in Online Retail. We will also especially benefit from his experience in the internationalisation of the business field, which we will be pushing from 2019." The Online Retail business field became the Sixt Leasing Group's largest business field in the first quarter of 2018. As part of the DRIVE>2021 strategy programme, the company plans to expand its Online Retail contract portfolio to over 110,000 contracts by the end of 2021. This corresponds to an average annual growth rate of around 25 percent. Dr Felix Frank: "Digital automobile sales is currently one of the most exciting industries and will see a lot of innovation and disruption in the coming years. Sixt Leasing is the clear market leader here and, with its proven expertise in vehicle financing and fleet management, is ideally positioned to benefit from this market development. I am very much looking forward to working with the teams to shape further development." Felix Frank has been with the Scout24 Group since 2012 and has more than ten years of professional experience in the fields of e-business, innovation management and pricing. After completing his degree in international computer science, he worked for the Boston Consulting Group for several years. During this time, he received his doctorate in the research areas of technology marketing and customer relationship management. --- About Sixt Leasing: Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
Sixt Leasing SE 31.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir@sixt-leasing.com |
Internet: | http://ir.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
End of News | DGAP News Service |
07/02/2018
DGAP-News: Sixt Leasing SE / Key word(s): Financing
Sixt Leasing SE repays final partial loan amount to Sixt SE - reorganisation of Group financing thus successfully completed
Pullach, 2 July 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist for the management and full-service leasing of large fleets, has completely paid back the EUR 750 million loan (Core Loan) provided by Sixt SE in the context of the IPO and thus achieved a refinancing of the Sixt Leasing Group that is completely independent of Sixt SE. The final outstanding amount of EUR 190 million of the Core Loan was repaid last week by Sixt Leasing SE to Sixt SE as planned at the earliest possible time. The funds for the repayment come, in particular, from the proceeds of the EUR 250 million bond that was issued for this purpose and for general corporate financing on the capital market in the second quarter. Björn Waldow, CFO of Sixt Leasing SE: "The complete repayment of the Core Loan is a milestone in the young capital market history of Sixt Leasing. With the redemption of the final outstanding amount to Sixt SE, we have successfully completed the transition of our Group financing towards own financing instruments, that started after the IPO in the year 2015, at the earliest possible time, thereby establishing a financing structure completely independent of our main shareholder. Also through to the redemption of the final partial amount, we expect positive effects on our interest costs again." The Sixt Leasing Group's independent financing structure consists of a EUR 500 million asset-backed securities (ABS) programme, bonds with a volume of EUR 500 million, negotiated bank lines of around EUR 400 million as well as borrower's note loans of EUR 30 million. With the establishment of this broadly diversified structure and the recently launched EUR 1 billion debt Issuance programme, Sixt Leasing SE has created the financial basis for the growth path planned as part of the 'DRIVE> 2021' strategic programme. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
02.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange, , |
End of News | DGAP News Service |
06/20/2018
DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM/Dividend Sixt Leasing SE: Annual General Meeting votes for stable dividend and re-election of Supervisory Board
Pullach, 20 June 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist in the management and full-service leasing of large fleets, held a successful Annual General Meeting yesterday in Munich, which was attended by more than 150 shareholders. Approximately 72 per cent of share capital was represented altogether. The shareholders adopted all the proposals from the Supervisory Board and Managing Board by a large majority. Items on the agenda included the appropriation of distributable profits and elections for the Supervisory Board. Resolution passed to pay another attractive dividend Current Supervisory Board members re-elected Thomas Spiegelhalter, CEO of Sixt Leasing SE: "We would like to thank our shareholders sincerely for their high rate of approval for our proposals. This vote of confidence encourages us to keep swiftly implementing the activities planned as part of our successfully started strategy programme DRIVE>2021, especially in our high-potential Online Retail business field. This will pave the way in 2018 to grow strongly and profitably in the future. The future of mobility is digital. We intend to profit from it together." All the information about the Annual General Meeting 2018 and the voting results are available from the website http://ir.sixt-leasing.de/hv.
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated revenue of EUR 744 million. 20.06.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
05/28/2018
DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results/Quarterly / Interim Statement Sixt Leasing SE develops Online Retail into its largest business field - Managing Board confirms forecast for the 2018 financial year after an increase in revenue in the first quarter
Pullach, 28 May 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist in management and full-service leasing for large fleets, has developed its pioneering Online Retail business field into its largest business field at an early stage and confirms its forecast for the 2018 financial year after an increase in revenue in the first quarter of the year. The contract portfolio in the Online Retail business field increased by 3.3 per cent to 46,900 contracts in the period from the end of December to the end of March. The contract portfolio in the Fleet Leasing business field faced a slight decrease of 3.3 per cent to 46,500 contracts. In the Fleet Management business unit, the contract portfolio climbed by 1.9 per cent Consolidated revenue in the first quarter 2018 climbed year on year by 7.6 per cent to EUR 202.0 million. The Group's operating revenue (excluding sales revenue) improved by 6.9 per cent to EUR 120.3 million. Sales revenue from leasing returns and marketed customer vehicles increased by 8.6 per cent to EUR 81.6 million, driven in particular by a significantly higher number of leasing vehicle returns from Online Retail. Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) in the first quarter increased year on year by 6.5 per cent to EUR 60.9 million. The financial result improved significantly by 21.8 per cent to EUR -3.6 million. The reason for this was, in particular, the reduction in interest expenses as a result of the repayment of the largest portion of the core facility in the amount of EUR 300 million to Sixt SE in mid-2017. Consolidated earnings before taxes (EBT) resulted in a slight decline of 5.3 per cent to EUR 8.0 million as expected. As a result, the operating return on revenue decreased slightly by 0.8 percentage points to 6.7 per cent, but at the same time remained clearly above the target figure of 6.0 per cent. Consolidated net profit declined slightly by 1.1 per cent to EUR 5.9 million. Thomas Spiegelhalter, CEO of Sixt Leasing SE: "With the development of our pioneering Online Retail business field into the Group's largest business field, we have already achieved an important goal for the full-year 2018 in the first quarter alone. Beyond that, we are also satisfied with the progress made in other respects in the first quarter. We have been able to further increase consolidated revenue and successfully continue the implementation of our strategy programme DRIVE>2021. This progress makes us confident that we will achieve our targets for the 2018 financial year and, in doing so, lay the foundation for even stronger and more profitable growth in the future." Successful risk management The equity ratio amounted to 14.5 per cent at the end of March 2018, resulting in a slight improvement of 0.3 percentage points from the end of December 2017. Gross cash flow improved year on year by 13.7 per cent to EUR 53.5 million. Investments in lease assets significantly increased by 18.4 per cent to EUR 157.2 million. The Managing Board continues to expect a slight increase in the Group's contract portfolio, consolidated operating revenue and EBITDA for the fiscal year 2018. The Board also maintains its expectation that EBT will remain at roughly the same level as the previous year. Operating return on revenue is also expected to be in line with the 6 per cent target. --- The Group Quarterly Statement of Sixt Leasing Group as of 31 March 2018 can be downloaded at http://ir.sixt-leasing.com/interim-reports.
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million.
28.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
05/02/2018
DGAP-News: Sixt Leasing SE / Key word(s): Issue of Debt/Financing Sixt Leasing SE successfully issues a EUR 250 million bond as part of a new debt issuance programme
Pullach, 2 May 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist for the management and full-service leasing of large fleets, successfully placed a bond with a volume of EUR 250 million on the capital market (ISIN: DE000A2LQKV2 / WKN: A2LQKV). The issue was met with strong demand from domestic and international investors. The bond has a term of four years and a coupon of 1.500 per cent per year and is divided into shares of nominally EUR 1,000. The proceeds from the successful placement of the bond are to be used for general corporate financing and, in particular, to repay the final outstanding amount of EUR 190 million from the Core Loan provided by Sixt SE at the earliest possible time in the end of June 2018. Hence, Sixt Leasing SE is able to successfully complete the transition of the Sixt Leasing Group's financing, which began after the IPO in 2015, towards independent, external funding instruments. The issue is the first bond under a newly launched EUR 1 billion debt issuance programme, which enables Sixt Leasing SE to flexibly issue further bonds. The debt issuance programme shall especially support the financing of the planned growth as part of the recently introduced strategy programme 'DRIVE>2021'. The aim of 'DRIVE>2021' is to increase the pace of digitalisation, to improve the risk-return profile, to further push ahead international expansion and to significantly increase the contract portfolio and earnings by the year 2021. Arrangers of the debt issuance programme and joint lead managers for the first bond are Berenberg, Commerzbank, NORD/LB and UniCredit Bank. Björn Waldow, CFO of Sixt Leasing SE: "The successful bond issue and the scheduled repayment of the final amount of the Core Loan to Sixt SE mean that in future we will be able to refinance ourselves fully independently of our major shareholder and, at the same time, further reduce interest expenses. In addition, the newly launched debt issuance programme is an essential and flexible basis for financing important growth investments and the planned increase of the contract portfolio until the year 2021."
Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated revenue of EUR 744 million. 02.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
04/17/2018
DGAP-News: Sixt Leasing SE / Key word(s): Final Results/Forecast Sixt Leasing SE retains positive outlook on business growth after record revenue in 2017 and the successful launch of the 'DRIVE>2021' strategy programme
Pullach, 17 April 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist in management and full-service leasing for large fleets, has released its Annual Report for 2017 today and retains its positive outlook on business growth after record revenue in 2017 and the successful launch of the 'DRIVE>2021' strategy programme. Thus, the Managing Board is confident of laying the foundation for even stronger and more profitable growth in the future in the 2018 fiscal year and thereby achieving the 'DRIVE>2021' growth targets over the next four years as planned. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is a market leader in online sales of new vehicles as well as a specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2017, the Group generated consolidated revenue of EUR 744 million. Contact: 17.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
03/14/2018
DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results/Forecast Sixt Leasing achieves another record revenue in the fiscal year 2017- Managing Board launches 'DRIVE>2021' strategy programme - Significant increase in contract portfolio, revenue and earnings expected by 2021
Pullach, 14 March 2018 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist in management and full-service leasing for large fleets, has continued its growth course in fiscal year 2017 and once again achieved record revenue. According to preliminary calculations (IFRS), consolidated revenue rose to EUR 744.0 million. This exceeded the previous year's record by 4.2 per cent. As expected, the Group's operating revenue (excluding sales revenue) increased slightly and improved by 5.7 per cent to EUR 454.4 million, reaching a new record level as well. Sales revenue from leasing returns and marketed customer vehicles saw a slight increase of 2.0 per cent to EUR 289.6 million. The biggest growth driver was the Online Retail business field with a 65.6 per cent increase in the contract portfolio compared to the previous year. Besides the solid growth in the platform business, this business field benefitted also from the high demand for the 'flat rate for the road' from the joint sales campaign with Peugeot and the mobile phone and internet provider 1&1. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) rose by 17.0 per cent to 132,900 contracts. Gross Cash flow improved by 11.2 per cent to EUR 216.7 million. Investments in lease assets increased by 31.3 per cent to EUR 619.2 million. The financial result again improved significantly: despite the considerably increased lease assets, the previous year's result of EUR -19.5 million shrank by 16.8 per cent to EUR -16.2 million, thus by twice as much as in 2016. The main reason for this was the repayment of a portion of the Core Loan in the amount of EUR 300 million to Sixt SE at the mid-year point. The volume was replaced by independent financing instruments at significantly improved parameters, resulting in a further significant reduction in interest expenses in the second half of the year. All in all, the consolidated net profit of Sixt Leasing SE amounted to EUR 20.9 million, which corresponds to a decline of 15.2 per cent compared to the previous year. Despite the high growth investments, the Managing Board plans to propose a stable dividend of EUR 0.48 per share for the fiscal year 2017 to the Annual General Meeting on 19 June 2018, subject to the approval of the Supervisory Board. This dividend proposal corresponds to a pay-out ratio of around 47 per cent of net profit and to a dividend yield of 2.5 per cent on the basis of the 2017 year-end share price. The ratio therefore lies within the communicated target range of 30 to 60 per cent of net profit. Leasing segment (Fleet Leasing and Online Retail) Fleet Management segment Group financing Risk situation Strategy programme 'DRIVE>2021' Risk management In the Online Retail business field, Sixt Leasing has been implementing this strategy since December 2017 successfully without any loss of volume and margin. Meanwhile, almost no new contracts for diesel vehicles without a buyback agreement are concluded here. This is accomplished in particular through active price management that steers customers to order petrol vehicles. The success of these measures underlines the strength and unique flexibility of the Online Retail business model. Also in the Fleet Leasing business field, the company has taken first initiatives in the context of a detailed action plan on a single-client basis to reduce the potential risk of diesel vehicles. Due to the particularities of the fleet business, it will however take longer until the measures lead to decisive improvements. Moreover, the marketing of vehicles in foreign markets through the company's own B2B auction platform is to be intensified in order to reduce the dependency on the German used car market. For this purpose, more and more international dealers are being linked to the platform. Finally, the customer structure is to be further diversified through a stronger focus on smaller corporate customers, thus reducing the dependency on large customers. Internationalisation Volume and earnings growth EBITDA is expected to increase slightly in 2018 as well. For EBT, the Managing Board expects a figure approximately on the prior year's level. This is mainly due to measures which have been planned for the year 2018 in the context of the 'DRIVE>2021' strategy programme, especially active risk management as well as investments in IT and human resources to optimise the business model and to prepare the internationalisation. The investments form the basis for medium-term growth, particularly in the Online Retail and Fleet Management business fields. Moreover, the Managing Board expects that EBT will be higher in the second half of the financial year 2018 than in the first half. This is mainly due to the interest savings resulting from the reorganisation of Group financing and to the return of the first vehicles from the 'flat rate' campaign with 1&1 in spring 2017. Operating return on revenue is expected in line with the 6 per cent target in 2018. Through the positive effects from the initiated measures of the 'DRIVE>2021' programme, the Managing Board expects a medium-term growth of the Group's contract portfolio, namely up to the end of the 2021, by at least 60 per cent to more than 220,000 contracts, whereby the Online Retail business field is to contribute more than 110,000, the Fleet Management business unit more than 60,000 and the Fleet Leasing business field around 45,000 contracts. For consolidated revenue, the Managing Board forecasts a growth of at least a third to more than EUR 1 billion by 2021, whereby operating revenue is to increase disproportionately by 50 per cent to around EUR 700 million. The Online Retail and Fleet Management business fields are expected to be the main growth drivers. By 2021, EBITDA is expected to increase to around EUR 400 million and EBT to around EUR 50 million. This corresponds to an increase by around two thirds in each case compared to 2017. Thus, the Managing Board expects an operating return on revenue of around 7 per cent in 2021.
Earnings performance
Further KPIs
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016, the Group generated consolidated revenue of EUR 744 million.
Sixt Leasing SE
14.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
02/16/2018
DGAP-News: Sixt Leasing SE / Key word(s): Change of Personnel Dr Bernd Metzner is new member of the Supervisory Board of Sixt Leasing SE Pullach, 16 February 2018 - Dr Bernd Metzner has been delegated by Sixt SE to join the Supervisory Board of Sixt Leasing SE, effective from 16 February 2018. He is succeeding Mr Georg Bauer, who had been a member of the Supervisory Board since 17 April 2015 and has left the board with the expiry of 15 February 2018. Dr Metzner (47 years old) has many years of experience as CFO of internationally active companies from various industries. Since June 2014, he has been CFO of Ströer Management SE, the personally liable partner of Ströer SE & Co. KGaA, which is listed in the MDAX. Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing SE: "With Dr Bernd Metzner, our company has gained an accomplished financial expert whose diverse experiences and knowledge can only be a benefit to Sixt Leasing SE. I thank Mr Georg Bauer for the good collaboration over the past three years." About Sixt Leasing: Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016, the Group generated consolidated revenues of EUR 714 million. Contact: 16.02.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
12/22/2017
DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous Sixt Leasing SE: Major DAX customers of Sixt Mobility Consulting receive 'Fleet Europe Awards 2017' Pullach, 22 December 2017 - Excellent fleet management for DAX companies: 'Fleet Europe', the leading European fleet publication for international fleet and mobility leaders, has awarded two major customers of Sixt Mobility Consulting GmbH, a wholly-owned subsidiary of Sixt Leasing SE: Siemens AG received the 'Global Fleet Manager of the Year Award', while another DAX representative won the 'International Fleet Innovation Award'. Vinzenz Pflanz, Chief Sales Officer (CSO) of Sixt Leasing SE: "Fleet Europe's honouring of our DAX-listed customers not only recognises the outstanding achievements of the fleet managers in these companies, but also shows that our know-how in the management and full-service leasing of large fleets offers real added value." The 'Global Fleet Manager of the Year Award' went to Jürgen Freitag, who, as Head of Global Fleet Management, is responsible for approximately 48,000 vehicles of the Siemens Group worldwide. Together with Sixt Mobility Consulting, Siemens developed comprehensive digitalisation processes that led to significant productivity advances in Germany. The 'Fleet Europe' jury considered this to be worthy of the award, making Freitag the first fleet manager ever to win it. The 'International Fleet Innovation Award' went to the fleet manager of a DAX company who, in cooperation with Sixt Mobility Consulting, developed various green mobility solutions as well as an internal competition programme for the fuel consumption. With the 'Fleet Europe Awards' for two major customers, the excellent reputation of Sixt Leasing's fleet management has been confirmed once again. Only in November, Sixt Mobility Consulting was awarded the title 'Top Performer 2017' in the category 'Fleet Management' by the independent journal 'Autoflotte'. About Sixt Leasing: Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016, the Group generated consolidated revenues of EUR 714 million. www.sixt-leasing.com 22.12.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
11/29/2017
DGAP-News: Sixt Leasing SE / Key word(s): Product Launch/Market launch Sixt Leasing introduces 'electric flat rate for the road' - BMW i3 'E-Mobility Edition' available from 249 euros per month on sixt-neuwagen.de - partnership with Yello started
Pullach, 29 November 2017 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist in management and full-service leasing for large fleets, is offering an 'electric flat rate for the road' on its online platform sixt-neuwagen.de beginning from today. Private customers can now make use of an attractive flat rate starting at 249 euros per month (incl. VAT) for a comprehensively equipped BMW i3 'E-Mobility Edition' in an entirely digital ordering process. To launch this service in the market, Sixt Leasing has entered into an exclusive sales partnership with Yello Strom GmbH, a brand of the EnBW Group. Thereby, both companies are paving the way for emission-free mobility in Germany. Johannes Liebmann, Director Marketing at Sixt Neuwagen: "With our 'electric flat rate for the road', we want to show how mobility, digitisation and environmental awareness can be combined into an attractive product. The 'electric flat rate for the road' enables our private customers to order an electric car easily online and then use it cost-effectively and flexibly. In doing so, they can also make a personal contribution to reducing polluting emissions. We are confident that our new product will generate high demand." The electric flat rate being offered within the partnership with Yello covers the use of a brand-new BMW i3 'E-Mobility Edition'. Three variants of the vehicle are available: with full Yello branding (from 249 euros per month), with subtle Yello branding (from 429 euros per month) and without Yello branding (from 875 euros per month). All variants are comprehensively equipped and come with a full manufacturer's warranty and a carefree package including winter tyres, insurance, taxes, transfer and registration. No upfront payments are necessary. Customers will also receive a Yello charge card with 100 euros of credit that they can use to charge the vehicle for the first 2,000 km, as well as a charging cable worth 299 euros for the full term of the contract. The charge card infrastructure and the related journey planning app are provided by EnBW Energie-Baden Württemberg AG. The BMW i3 'E-Mobility Edition' is available with three different mileages (10,000, 15,000 or 20,000 km) and a Flexi-Lease Option which can be used by the customers to extend the standard 12-month term flexibly to up to 24 months at a later date. For further information, customers can visit http://www.sixt-neuwagen.de/yello-bmw-i3-angebot. As with the first 'flat rate for the road', the ordering process is supported by an entirely digital e-commerce process developed by sixt-neuwagen.de. Customers can simply place their desired configuration in the online shopping basket and perform all the order steps via eSign, and video-ident procedure by IDnow and an online credit check using their terminal device. Oliver Wirz, Head of Business & Customer Development at Yello: "With Sixt Neuwagen, we have found an innovative and digital partner for the launch of the BMW i3 'E-Mobility Edition'. Through our partnership, interested people get the opportunity to test an electric car very simply and without high costs. We are looking forward to seeing many Yello branded electric cars on the streets throughout Germany and to contributing to emission-free driving." The 'electric flat rate for the road' transfers the familiar principle of the flat rate, which is popular with the customers, to electric cars. In doing so, Sixt Neuwagen is expanding its service portfolio and strengthens its position as first mover in the online new vehicles market. The joint promotion is expected to run until the end of December 2017 and will be accompanied by an advertising campaign at motorway services, airports and on social media.
Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016, the Group generated consolidated revenues of EUR 714 million.
29.11.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
11/14/2017
DGAP-News: Sixt Leasing SE / Key word(s): 9-month figures/Quarterly / Interim Statement Sixt Leasing continues dynamic growth during the first nine months of 2017 - Online Retail business field expands contract portfolio by almost 70 percent
Consolidated earnings before taxes (EBT) for the first nine months of fiscal year 2017 amounted to EUR 20.8 million, a decrease by 12.9 percent compared to the last year's figure. In the third quarter 2017 EBT was impacted by higher risk provisions for the residual values of the Group-owned leasing vehicles. These risk provisions reflect market data compiled by specialised value appraisal organisations. According to those, residual value expectations for future vehicle sales have slightly fallen on average. In addition, EBT was also affected by growth investments in digitalisation and IT solutions. This brought the operating return on revenue to 6.2 percent, 1.3 percentage points lower than in the previous year.
(Figures in accordance with IFRS)1
Earnings performance
Balance sheet figures
1 Due to roundings, it is possible that selected figures in this release cannot be added up to the amount recorded and that the year figures listed do not follow from adding up the individual quarterly figures. For the same reason, the percentage figures listed may not always exactly reflect the absolute numbers to which they refer. Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016 the Group generated consolidated revenues of EUR 714 million.
14.11.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6, DE000A2DADR6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
End of News | DGAP News Service |
10/16/2017
Pullach, 16 October 2017 – Today, the company's Supervisory Board appointed Thomas Spiegelhalter (53) as new Chief Executive Officer (CEO) with effect as of January 1, 2018. He will take over this office from Rudolf Rizzolli, whose contract will expire. The Supervisory Board has also reappointed current Chief Financial Officer (CFO) Björn Waldow, who has been in office since 1 April 2015, for three more years until 2021.
Thomas Spiegelhalter is currently spokesman of the management board of one of the largest Mercedes-Benz car dealership groups (BERESA Group) in Germany. The BERESA Group employs more than 1,000 people in 18 locations and most recently generated revenue of around EUR 600 million (fiscal year 2016). One of the strengths of the BERESA Group is its private and fleet leasing business, which Mr. Spiegelhalter has significantly expanded.
In his function as CEO of Sixt Leasing SE Mr. Spiegelhalter will assume responsibility for the strategic development of the company as well as for sales, marketing, purchasing, IT and HR.
Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing SE: “Thomas Spiegelhalter is a proven industry expert with more than 25 years of experience in the areas of automobile trade and leasing. I am sure that he will give new impetus to the strategic development and international growth of our Group. Mr. Spiegelhalter's appointment is the next logic step in continuing the expansion of the leading online platform for new vehicles ‘sixt-neuwagen.de’. On behalf of the whole Supervisory Board, I would like to thank Rudolf Rizzolli for his successful commitment over the past years.”
About Sixt Leasing:
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers.
Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management.
Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016 the Group generated consolidated revenues of EUR 714 million.
Contact:
Sixt Leasing SE
Corporate Communications
Stefan Kraus
+49 89 74444 - 4723
presse-leasing@sixt.com
08/16/2017
DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results/Quarter Results Sixt Leasing: Further dynamic growth of Online business in the first half of 2017
Pullach, 16 August 2017 - Sixt Leasing SE, market leader in online sales of new vehicles as well as specialist in management and full-service leasing of large fleets, confirms its outlook for the fiscal year 2017. Above all, the growth in the Online Retail business field is encouraging the Managing Board. This business field's contract portfolio has been climbing 55.1 percent since the start of the year, up to 42,500 contracts. Compared to the same period the year before the contract growth was at 74.4 percent. Across the Group the number of contracts as at 30 June 2017 totalled 128,900 contracts. This equals a gain of 13.5 percent for the first six months of 2017 and 22.6 percent compared to 30 June 2016. Rudolf Rizzolli, CEO of Sixt Leasing SE: "As planned, our Online Retail business is becoming the most important business field of the Group. With a plus of almost 75 percent over the same period the year before it has turned into the growth driver for Sixt Leasing. The strong demand we record for our offerings in the internet, including for example the 'flat rate for the road', demonstrates that we touched a nerve with consumers. Our strategy of driving forward the digitalisation of new vehicle sales and to secure further shares on this market has proved to be spot on." Business performance Consolidated revenue in the first half of 2017 went up 4.3 percent over the same period the year before to EUR 368.7 million. Operating revenue (without sales revenue) gained 6.0 percent to EUR 223.6 million. Sales revenue from returned leasing vehicles and the marketing of customer cars came to EUR 145.1 million, 1.8 percent higher than the figure recorded the year before. The significant growth in the contract portfolio also improved the future earnings strength of the Company. The growth investments undertaken for digitalisation and IT solutions as well as in expanding the new business activities continued to burden earnings in the first half of the year. Nonetheless, consolidated earnings before taxes (EBT) increased 3.2 percent to EUR 16.8 million. Referenced to the revenue without sales revenue, the operating return on revenue came to 7.5 percent and was thus almost on a par with the last year's figure of 7.7 percent and still substantially above the targeted 6.0 percent. Following the dividend payout of EUR 9.9 million the equity ratio as at 30 June 2017 came to 15.5 percent and thus significantly above the targeted minimum of 14.0 percent. Group financing Björn Waldow, CFO of Sixt Leasing SE: "With the repayment at the end of June we reduced the outstanding redemption amounts to Sixt SE to EUR 190 million. This will mean a further reduction in our interest costs. We also thereby remain fully in line with setting up our own independent and diversified financing structure." (Figures in accordance with IFRS)1 Revenue performance
Earnings performance
Balance sheet figures
1 Due to roundings, it is possible that selected figures in this release cannot be added up to the amount recorded and that the year figures listed do not follow from adding up the individual quarterly figures. For the same reason, the percentage figures listed may not always exactly reflect the absolute numbers to which they refer. Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016 the Group generated consolidated revenues of EUR 714 million.
16.08.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
06/30/2017
DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM/Dividend Sixt Leasing SE: AGM resolves on dividend increase and share-based compensation system
Pullach, 30 June 2017 - Sixt Leasing SE, market-leader in online sales of new vehicles and specialist in management and full-service leasing of large fleets, held a successful Annual General Meeting yesterday in Munich. Over 100 shareholders attended, collectively representing approximately 77 percent of the share capital. The shareholders accepted all of the proposals put forward by the Supervisory Board and Managing Board with a large majority. Included on the agenda were the appropriation of retained profits, the discharge of Managing and Supervisory Board members for the 2016 financial year, the election of the auditor for the 2017 financial year and the 2017 stock option plan for the Managing Board and managers. Significant dividend increase resolved New, share-based compensation model The stock option plan is a core aspect of developing the compensation model at Sixt Leasing SE. Besides the targets that need to be met before exercising options, the issuing of options is linked to Managing Board members' and managers' own investments. This new, share-based compensation model specifically rewards growth at Sixt Leasing, creates powerful performance incentives and encourages long-term loyalty to the company among management. Online business as foremost growth driver Rudolf Rizzolli, CEO at Sixt Leasing SE: "We would like to thank all of our shareholders for your trust. Their broad approval of the proposals gives us a powerful momentum. Our vision is to become a kind of Amazon for cars. To achieve this long-term aim, we hope to revolutionise the way in which new vehicles are sold and used. That is why we are developing new products, sales channels and services which benefit especially from the megatrends sharing economy, mobility, digitalisation and e-commerce." The Managing Board expects further growth of earnings before tax (EBT) in a high single percentage range for the 2017 financial year, on account of sustained dynamic growth, as well as a slight increase in operating revenue. Full details of the 2017 Annual General Meeting and its voting results are available on the website http://ir.sixt-leasing.de/hv.
Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016 the Group generated consolidated revenues of EUR 714 million. Contact: 30.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
05/10/2017
DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results Sixt Leasing affirms outlook for full-year 2017 following strong growth in Q1
Pullach, 10 May 2017 - Sixt Leasing SE, market leader in online sales of new vehicles as well as specialist in management and full-service leasing of large fleets, affirms its outlook for the full fiscal year 2017 thanks to its Online Retail business field's persistently strong growth in Q1. The Managing Board still expects an increase of earnings before taxes (EBT) in the high single-digit percentage range and a slight increase of operating revenue. Moreover, the Managing Board maintains its outlook for the equity ratio, which once again is set to exceed the targeted minimum level of 14 percent. Rudolf Rizzolli, CEO of Sixt Leasing SE: "As planned, our Online Retail business field continues to mature step by step into the Group's largest business field. Growing almost From the end of December 2016 to end of March 2017 the Online Retail business field grew its contract portfolio by 32.3 percent to 36,300 contracts. This was above all due to the successful launch of the "flat rate for the road", a joint initiative of 1&1, Peugeot and Sixt Leasing to offer the usage of a fully-equipped Peugeot 208 including transfer, registration, taxes and insurance from 99.99 euros (incl. VAT) per month. Strong demand for this innovative leasing offer has prompted the Managing Board to upgrade its outlook for the Online Retail business field's contract portfolio from 36,000 to significantly more than 40,000 contracts by the end of the year 2017. The other two business fields kept their contract portfolio mainly stable. Thus, the number of contracts in Fleet Leasing at the end of Q1 came to 47,300 contracts, while Fleet Management registered 38,900 contracts. All in all, the Group's total number of contracts inside and outside Germany (excluding franchise and cooperation partners) gained a significant 7.8 percent to 122,500 contracts. Also consolidated revenue for the first quarter of 2017 climbed 7.6 percent year-on-year to EUR 187.7 million. At the same time, operating revenue (without the proceeds from vehicle sales) improved above average by 8.9 percent to EUR 112.5 million. Revenues from the sale of returned leasing vehicles and the marketing of customer cars gained 5.9 percent to EUR 75.1 million. Consolidated earnings before taxes (EBT) increased by 5.1 percent to EUR 8.5 million. The operating return on revenue came to 7.5 percentage points and was thus almost on a par with the last year's figure of 7.8 percent and still substantially above the targeted 6.0 percent. Compared with Q4 2016, the equity ratio decreased slightly by 0.9 percentage points to One of the highlights of Q1 was also the successful placement of Sixt Leasing SE's first corporate bond with a volume of EUR 250 million and a coupon of 1.125 percent. The bond issue met with lively demand from domestic and international investors and was oversubscribed several times. Björn Waldow, CFO of Sixt Leasing SE: "With our debut on the bond market we passed another important milestone towards setting up our own independent and diversified financing structure. We are now well positioned to repay further partial amounts of the loan granted by Sixt SE and are thereby lowering our interest rate costs still further." (Figures in accordance with IFRS)1 Revenue performance
Earnings performance
Balance sheet figures
Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2016 the Group generated consolidated revenues of EUR 714 million.
10.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
04/24/2017
DGAP-News: Sixt Leasing SE / Key word(s): Final Results/Dividend Sixt Leasing raises forecast for online business in 2017 significantly after most successful year in the company's history
Pullach, 24 April 2017 - Sixt Leasing SE, one of the largest bank- and manufacturer-independent full-service leasing providers in Germany today published its Annual Report 2016 and after the record year 2016 looks equally positively ahead to the current fiscal year 2017. To let shareholders participate via dividends even more in the ongoing dynamic and profitable growth in the future, the Managing Board is extending the target distribution range from 30-40 per cent to 30-60 per cent of consolidated net profit beginning from fiscal year 2017. In addition, in view of the developments of the last few weeks, the Managing Board is also increasing its outlook for the Online Retail business field's contract portfolio, up from 36,000 to significantly more than 40,000 contracts by the end of 2017. Rudolf Rizzolli, CEO of Sixt Leasing SE: "We are delighted to hold out the prospect of a higher share in earnings to our shareholders. The extended distribution range reflects not only our shareholder-friendly dividend policy but also our continued dynamic and above all profitable growth. This is evident especially in our Online Retail business field where we expect to see a significantly higher volume of contracts by the end of 2017 than previously planned. Demand over the last weeks exceeded our expectations and confirms that our strategy is on the right track. In future we will shift the focus of our activities on to the sale of new leasing vehicles via the internet. The future of mobility is digital. This is clearly borne out by the success of our product innovation, the 'flat rate for the road'." The positive outlook is based on the full-year figures from the Annual Report 2016, which Sixt Leasing SE published today. According to these, there were no changes from the preliminary figures already announced in March. The Group's contract portfolio at home and abroad (not including franchise and cooperation partners) posted an increase of 10.1 per cent to 113,600 contracts. Consolidated revenue went up in comparison to the prior year by 7.3 per cent to an all-time high of EUR 713.9 million. Group earnings before taxes (EBT) increased by 4.3 per cent to EUR 31.6 million despite significantly higher growth investments. The operating return on revenue improved by 0.3 percentage points to 7.3 per cent and thus continued to be noticeably above the target of 6.0 per cent. Likewise, the equity ratio with an increase of 0.6 percentage points to 16.6 per cent significantly exceeded the targeted 14.0 per cent. The consolidated net profit rose by 9.3 per cent to EUR 24.6 million. The dividend per share shall be raised by 20 per cent to EUR 0.48. Due to the ongoing dynamic growth, the Managing Board expects to see an increase in earnings before taxes (EBT) in the high single-digit percentage range as well as slight growth in operating revenue for fiscal year 2017. Moreover, the Managing Board anticipates that the equity ratio will again reach a value above the minimum target figure of 14 per cent. About Sixt Leasing: Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In 2016 the Group generated consolidated revenues of EUR 714 million. Contact: 24.04.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
03/14/2017
DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results/Forecast After a record year in 2016, Sixt Leasing is increasing dividend and expects further growth in revenue and earnings - Forecast for the online business is raised significantly
Pullach, March 14, 2017 - Sixt Leasing SE, one of the largest bank- and manufacturer-independent full-service leasing companies in Germany, reported 2016 the most successful business year in its company history. According to preliminary figures (IFRS), the consolidated revenue increased in comparison to the prior year by 7.3 per cent to an all-time high of EUR 713.9 million. The Group's operating revenue (not including vehicle sales proceeds) remained stable as expected at EUR 430.0 million, but would have increased by 2.9 per cent without taking the lower fuel revenue into consideration. The sales revenue from returned leasing and marketed customer vehicles climbed by 20.5 per cent to EUR 283.9 million. The Fleet Management and Online Retail business fields made a considerable contribution to the growth. In Fleet Management, the contract volume increased by 14.3 per cent and in the Online Retail even by 29.9 per cent. Altogether, at home and abroad, the Group's contract portfolio (not including franchise and cooperation partners) posted an increase of 10.1 per cent to 113,600 contracts. Group earnings before taxes (EBT) increased by 4.3 per cent to EUR 31.6 million despite significantly higher growth investments. The operating return on revenue improved by 0.3 percentage points to 7.3 per cent and thus continued to be noticeably above the minimum target of 6.0 per cent. Likewise, the equity ratio with an increase of 0.6 percentage points to 16.6 per cent significantly exceeded the targeted 14.0 per cent. At the same time, the financial result was improved: The previous year's deficit of EUR 21.3 million shrunk by 8.4 per cent to EUR 19.5 million. This resulted from lower interest expenses after the repayment of EUR 209 million from the Core Loan provided by Sixt SE at midyear. All in all, Sixt Leasing SE was able to improve its profits to a considerable extent: The consolidated net profit rose by 9.3 per cent to EUR 24.6 million. Subject to the approval by the Supervisory Board, the Managing Board plans, despite high growth investments, to propose a dividend increase to EUR 0.48 per share for the fiscal year 2016 (2015: EUR 0.40 per share) at the Annual General Meeting on 29 June 2017. This dividend proposal would lead to a total distribution of EUR 9.9 million (2015: EUR 8.2 million) and a distribution ratio of about 40 per cent (2015: 37 per cent) of the consolidated net profit. Thus, the ratio would be at the upper end of the communicated target range of 30 to 40 per cent of the consolidated net profit. Rudolf Rizzolli, CEO of Sixt Leasing SE: "2016 constituted another record year in that we laid the foundation for continued dynamic growth. The results fall fully within the scope of our expectations. For 2017 we expect further growth in revenue and earnings. For that purpose, we will concentrate even more on the online sale of new vehicles, the last large market in Germany that is not yet digitalised. Thanks to our innovative and high-margin online platform sixt-neuwagen.de, we plan to further develop our position as online market leader and to gain additional market shares. Our just recently introduced 'flat rate for the road' in cooperation with 1&1 is already being well received. Therefore, we are confident that we will reach our annual target to date for the contract volume in the Online Retail business field much earlier than expected." Leasing business unit (Fleet Leasing and Online Retail) Fleet Management business unit Björn Waldow, CFO of Sixt Leasing SE: "2016 was successful for Sixt Leasing also with respect to Group financing. Within a short time period, we were able to build up a very good reputation in the capital market and reached important milestones to set up new refinancing independent from our shareholder Sixt SE. Reduction of interest expenses associated with that already had an impact last year and is to further strengthen in 2017." "Our customers do not want to buy cars, instead they want mobility - preferably online, flexible and at a predictable, favourable all-inclusive flat rate. Even printing, filling out and signing documents as well as going to the post office are now a thing of the past. With eSign, video-identification procedures, and online credit checks, the entire process for ordering a new vehicle is done in a completely digital manner," emphasizes Rudolf Rizzolli. The market for new vehicles is one of the last large markets in Germany that is not yet digitalised. Sales are still processed almost exclusively through traditional local car dealers. A growing number of customers, however, want to not only compare their vehicle online just like any other consumer goods, but they also want to order it online and ideally pay for its use a monthly flat rate that includes all vehicle-related services and costs. With the "flat rate for the road" Sixt Leasing is building up its leading position on the online new vehicle market to advance the digitalisation of this market valued at almost EUR 100 billion in Germany alone. Outlook for 2017 The Online Retail business field is set to become much more significant in 2017 based on its outstanding growth prospects and continuing digitalisation and develop perspectively to become the largest business field within the Group. Therefore, the Managing Board has significantly raised its forecast for 2017 and anticipates a contract volume of 36,000 contracts by the end of the year, which represents additional growth of 4,000 contracts compared to original guidance. The focus in the Fleet Leasing business field is to remain on profitability with a slight increase in the contract volume. Accelerating expansion into key European foreign markets is planned for the Fleet Management business unit. In this regard, Sixt Leasing especially wants to build on existing customer relations. This is intended to accomplish another step towards a medium-term objective of 50,000 contracts in 2017. For fiscal year 2017, the Managing Board expects to see an increase in earnings before taxes (EBT) in the high single-digit percentage range as well as slight growth in operating revenue, which is expected to further improve profitability. Moreover, the Managing Board anticipates that the equity ratio will again reach a value above the minimum target figure of 14 per cent. About Sixt Leasing: Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is one of Germany's leading independent vehicle leasing service providers and is also involved in fleet leasing and fleet management, both in Germany and elsewhere in Europe. With its full-service portfolio, the company enables the mobility of its private and corporate customers. Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In 2015 the Group generated consolidated revenues of EUR 665 million.
Note:
Revenue performance
Earnings performance
Balance sheet figures
14.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
03/01/2017
DGAP-News: Sixt Leasing SE / Key word(s): Market launch/Alliance Sixt Leasing the first provider to introduce a 'flat rate for the road' together with a complete online ordering process - partnership with 1&1 started
Pullach, 1 March 2017 - Sixt Leasing SE, one of the largest bank- and manufacturer-independent full-service leasing companies in Germany, today began to pilot its vision of the new vehicle sales of the future. For the first time, customers can now make use of a new vehicles flat rate in an entirely digital ordering process. To launch this service in the market, the company has entered into an exclusive sales partnership with the mobile telephony and internet service provider 1&1. Thereby, Sixt Leasing is demonstrating the direction in which the new vehicles market in Germany will develop in the next few years. Rudolf Rizzolli, CEO of Sixt Leasing SE: 'The market for new vehicles is the last major market in Germany not yet to have gone digital. Sales still almost exclusively occur conventionally via local dealerships. However, an increasing number of customers not only want to compare but also order vehicles online just like other consumer goods, ideally paying a monthly flat rate for their use that encompasses all the services and costs relating to the vehicle. Sixt Leasing is in the pole position to promote the digitalisation of this huge market, which is worth almost 100 billion euros in Germany alone.' The new vehicles flat rate being offered within the partnership with 1&1 covers the use of a comprehensively equipped Peugeot 208 from sixt-neuwagen.de. For 99.99 euros a month (incl. VAT), the customers receive a brand-new vehicle with a full manufacturer's warranty and a carefree package comprising all the costs relating to vehicle transfer, registration, taxes and insurance. No down payments are necessary. The paintwork, duration and mileage can all be tailored to the customer's requirements. With the Flexi-Lease Option that can be booked additionally, the 12-month term can be flexibly extended to up to 30 months at a later point in time. For the first time, the order process is supported by an entirely digital e-commerce process developed by sixt-neuwagen.de. Customers can simply place their desired configuration in the online shopping basket and perform all the order steps using their terminal device. The entire process of ordering a new vehicle based on a monthly flat rate is digital thanks to the incorporation of eSign, a video-ident procedure and an online credit check. During the promotional period, the new process is exclusively available to 1&1 customers who book a 1&1 All-Net-Flat package. Rudolf Rizzolli: 'When we launched our sixt-neuwagen.de online platform in 2012 we created an alternative to the local dealer. Now, also printing out, filling in and signing documents as well as identification via post are a thing of the past, too. These innovations close the final analogue gap in the ordering process. The future of the new vehicles market is digital.' The sales partnership between 1&1 and Sixt Neuwagen launched today brings together two brands that fit very well together, both of them standing for digital innovations and customer-oriented processes. The familiar principle of the flat rate, which is popular with the customers, is now also being transferred to new vehicles as a product. With its 'flat rate for the road', i.e. an all-in mobility package with instalments and with a duration that can be tailored flexibly to an individual's needs, Sixt Neuwagen is systematically expanding its service portfolio, thereby consolidating its position as a first mover in the online new vehicles market. The joint promotion will run until the end of June 2017 and will be accompanied by an advertising campaign on television as well as in online and print media.
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is one of Germany's leading independent vehicle leasing service providers and is also involved in fleet leasing and fleet management, both in Germany and elsewhere in Europe. With its full-service portfolio, the company enables the mobility of its private and corporate customers. Private and commercial customers use the online platform sixt-neuwagen.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In 2015 the Group generated consolidated revenues of 665 million euros.
01.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
01/26/2017
DGAP-News: Sixt Leasing SE / Key word(s): Issue of Debt Sixt Leasing SE successfully issues debut bond worth 250 million Euro
Pullach, 26 January 2017 - Sixt Leasing SE, one of the largest bank- and manufacturer-independent full-service leasing companies in Germany, has today successfully issued a bond with a volume of 250 million Euro on the capital market (ISIN: DE000A2DADR6 / WKN: A2DADR). For the first time after the IPO the company acted as issuer of a bond. The issue was greeted with high demand from investors both in Germany and abroad and was oversubscribed several times. The bond has a term of four years and a coupon of 1.125% per year. With a denomination of 1,000 Euro (nominal value) the bond is also tailored to private investors. Berenberg, Commerzbank and UniCredit acted as joint lead managers for the bond release. Björn Waldow, CFO of Sixt Leasing SE: "Since the IPO Sixt Leasing has negotiated credit lines of several hundred million Euro and launched an ABS programme worth 500 million Euro. With this bond issue, we have reached another important milestone in setting up a Sixt SE-independent and diversified Group financing. Volume and terms of the bond confirm the very good reputation that Sixt Leasing already enjoys as an independent company on the stock market. In addition, this will enable us once again to lower our financing costs."
Contact: 26.01.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Sixt Leasing SE |
Zugspitzstraße 1 | |
82049 Pullach | |
Germany | |
Phone: | +49 (0)89 744 44 - 4518 |
Fax: | +49 (0)89 744 44 - 8 4518 |
E-mail: | ir-leasing@sixt.com |
Internet: | http://www.sixt-leasing.de |
ISIN: | DE000A0DPRE6 |
WKN: | A0DPRE |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
11/16/2016
DGAP-News: Sixt Leasing SE / Key word(s): 9-month figures/Quarterly / Interim Statement Sixt Leasing expands contract portfolio and raises profitability during first nine months of 2016
Pullach, 16 November 2016 - Sixt Leasing SE, one of the largest non-bank, vendor-neutral full-service leasing companies in Germany, recorded a positive development during the first nine months of 2016 and raised its contract portfolio and profitability in line with corporate strategy. Consolidated earnings before taxes (EBT), the key parameter for measuring business success, increased by 9.8% to EUR 23.9 million despite higher expenditures for growth initiatives in the Online Retail business field (private and commercial customer leasing) and thus outperformed growth of consolidated revenue. Operating return on revenue improved to 7.5%. At the end of September 2016 the contract portfolio amounted to 111,000 contracts, an increase of 7.5% compared to the number as of 31 December 2015. Rudolf Rizzolli, CEO of Sixt Leasing SE:
Björn Waldow, CFO of Sixt Leasing SE: Contract portfolio keeps growing Outlook for the year 2016 Contact: Revenue performance
Earnings performance
Balance sheet figures
1 Due to rounding it is possible that individual figures in this release cannot be added up to the amount recorded. For the same reason, the percentage figures may not always exactly reflect the absolute numbers to which they refer. 2016-11-16 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | Sixt Leasing SE | |
Zugspitzstraße 1 | ||
82049 Pullach | ||
Germany | ||
Phone: | +49 (0)89 744 44 - 4518 | |
Fax: | +49 (0)89 744 44 - 8 4518 | |
E-mail: | ir-leasing@sixt.com | |
Internet: | http://www.sixt-leasing.de | |
ISIN: | DE000A0DPRE6 | |
WKN: | A0DPRE | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |
08/30/2016
DGAP-News: Sixt Leasing SE / Key word(s): Takeover Sixt Leasing (Switzerland) AG executes full takeover of SXB Managed Mobility AG in Switzerland
Pullach / Urdorf, 30 August 2016 - Sixt Leasing SE, one of the largest non-bank and manufacturer-independent full-service leasing companies in Germany, has acquired the remaining 50% interest in SXB Managed Mobility AG via its subsidiary Sixt Leasing (Schweiz) AG. SXB Managed Mobility, which has its headquarters in Urdorf (near Zurich) in Switzerland, is a fleet management specialist and was founded in April 2015 as an equal joint venture between Sixt Leasing (Schweiz) and Business Fleet Management AG, a 100% subsidiary of Swisscom. With the takeover, Sixt Leasing will be taking a further step in the internationalisation of its Fleet Management segment. Following the acquisition, Swisscom will remain a customer of SXB Managed Mobility. The fleet specialist will thus continue to manage the Swiss telecommunications company's fleet of approx. 3,200 vehicles. SXB Managed Mobility acts as an expert contact point for all questions relating to fleet management and fleet optimisation. It supports both small and medium enterprises as well as major international corporate groups. Rudolf Rizzoli, CEO of Sixt Leasing SE: "With the complete takeover of SBX Managed Mobility, we are driving forward internationalisation in the fleet management segment in a manner that conforms with our strategy and strengthening our corporate hold on the Swiss market. As a mobility partner, we will provide comprehensive support to our customers and advise them on optimising their fleet, such as in terms of saving costs, improving their processes and reducing CO2 emissions. I am pleased that we will continue to work closely with Swisscom." About Sixt Leasing Contact: 2016-08-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | Sixt Leasing SE | |
Zugspitzstraße 1 | ||
82049 Pullach | ||
Germany | ||
Phone: | +49 (0)89 744 44 - 4518 | |
Fax: | +49 (0)89 744 44 - 8 4518 | |
E-mail: | ir-leasing@sixt.com | |
Internet: | http://www.sixt-leasing.de | |
ISIN: | DE000A0DPRE6 | |
WKN: | A0DPRE | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |
08/17/2016
DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results Sixt Leasing after first half year 2016 fully in line with plan
Pullach, 17 August 2016 - In the first half of 2016, Sixt Leasing SE, one of the largest non-bank, vendor-neutral full-service leasing companies in Germany, performed fully in line with internal expectations and managed to raise profitability still further. Consolidated earnings before taxes (EBT), the key performance indicator for measuring business success, climbed by 18.2% to EUR 16.2 million against the same period last year and thereby improved substantially faster than consolidated revenue. Operating return on revenue grew to 7.7%. At the end of June 2016 the contract portfolio held 105,200 contracts, exceeding the level at the end of 2015 by 1.8%. Consequently, the Managing Board affirms its economic targets for full-year 2016. Rudolf Rizzolli, CEO of Sixt Leasing SE: "Sixt Leasing followed up on its encouraging start to the year and recorded a good first six months. This development was not least supported by the continued dynamic performance in the Online Retail business field. Through another TV campaign, starting in the third quarter, we want to sustainably increase the brand awareness of 'Sixt Neuwagen'. Moreover, by acquiring autohaus24 GmbH, we secured an additional platform to extend our competitive lead in private and commercial customer leasing and turn additional customer contacts into actual contracts. For the Sixt Leasing Group the top priority for the second half of the year will be to continue on the track of qualitative growth, so that we can continue to improve profitability." Key figures for H1 2016
Key figures for Q2 2016
Further growth of contract portfolio The number of contracts under management in the Fleet Leasing business field declined slightly by 3.0% to 46,900 (31 December 2015: 48,300 contracts), mainly due to orders being reallocated from the first to the second half of 2016. The Managing Board therefore still expects that at the end of 2016 the Fleet Leasing's contract portfolio will reach a level slightly higher than at the end of last year. In the first half of 2016, the number of contracts in the Online Retail business field climbed higher than expected. Thus, as of 30 June 2016, 24,400 Online Retail contracts were counted in Sixt Leasing's portfolio, a gain of 15.5% compared to the end of 2015 (21,100 contracts). In the Fleet Management business unit the number of contracts went slightly up by 0.2% to 33,900 contracts, compared to 33,800 contracts at the end of 2015. Reorganising of the Group's financing makes significant progress At 15.4% the equity ratio remained above the targeted long-term minimum of 14.0%. The conversion of the Group's financing announced during the IPO in May 2015 continues to remain fully on schedule. In May 2016 the Company successfully placed its first borrower's note loan at a volume of EUR 30 million with institutional investors. At the end of June 2016 Sixt Leasing successfully launched the asset back securities (ABS) programme, it had previously announced. After integrating a second bank into the programme in July, the target volume of EUR 500 million was reached. This means that another essential financial component has been successfully established. At the end of the first half of 2016, and therefore at the earliest possible time, another repayment of EUR 209 million was made on the core loan facility provided by Sixt SE. As the conditions of the new external financing instruments are significantly more favourable than the 3% interest charged on the core loan facility, it is expected to generate significant savings in interest expenses for the second half of the year. The next repayment possibilities at the end of June 2017 and 2018 are set to amplify this effect still further. Performance of the business units Leasing business unit: In April 2016 Sixt Leasing acquired 100% interest in the vehicle broker platform autohaus24 GmbH. The acquisition provides the Group's Online Retail business field another access route to the dynamically expanding online car market. autohaus24.de functions as a second platform next to sixt-neuwagen.de that allows customers to obtain leasing and Vario-financing offers. Before the acquisition the company was run as joint venture held in equal shares by Sixt Ventures GmbH and the Axel Springer Auto Verlag GmbH. Fleet Management business unit: Outlook for the year 2016 For the full fiscal year 2016 the Managing Board continues to expect consolidated operating revenue to grow by a lower to mid-range single-digit percentage figure compared to last year, accompanied by an improvement of consolidated EBT. The Group's equity ratio is expected to remain above the targeted minimum of 14%. The Interim Report on H1 2016 by Sixt Leasing SE is available for download from the company's website at http://ir.sixt-leasing.com/interim-reports. Contact:
Revenue performance
Earnings performance
Balance sheet figures
2016-08-17 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | Sixt Leasing SE | |
Zugspitzstraße 1 | ||
82049 Pullach | ||
Germany | ||
Phone: | +49 (0)89 744 44 - 4518 | |
Fax: | +49 (0)89 744 44 - 8 4518 | |
E-mail: | ir-leasing@sixt.com | |
Internet: | http://www.sixt-leasing.de | |
ISIN: | DE000A0DPRE6 | |
WKN: | A0DPRE | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |
07/29/2016
DGAP-News: Sixt Leasing SE / Key word(s): Financing Sixt Leasing raises ABS programme to EUR 500 million
Pullach, 29 July 2016 - Sixt Leasing SE, one of the largest non-bank, vendor-neutral full-service leasing companies in Germany, at the end of July ramped up its asset backed securities (ABS) programme as planned to the target volume of EUR 500 million. After having launched the ABS programme in the end of June with Commerzbank AG, now a second bank, the Landesbank Baden-Württemberg (LBBW), was successfully integrated into the programme. Both banking partners provide a financing volume of EUR 250 million each. Björn Waldow, CFO of Sixt Leasing SE: "We are delighted that only one month after starting the ABS programme we could get another bank on board. With reaching the target volume of EUR 500 million, we were able to complete the next building block of our intended financing mix. Hence, we are fully on target regarding the reorganisation of the Group financing to external sources."
Contact: 2016-07-29 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | Sixt Leasing SE | |
Zugspitzstraße 1 | ||
82049 Pullach | ||
Germany | ||
Phone: | +49 (0)89 744 44 - 4518 | |
Fax: | +49 (0)89 744 44 - 8 4518 | |
E-mail: | ir-leasing@sixt.com | |
Internet: | http://www.sixt-leasing.de | |
ISIN: | DE000A0DPRE6 | |
WKN: | A0DPRE | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |
06/30/2016
DGAP-News: Sixt Leasing AG / Key word(s): Financing Sixt Leasing starts ABS programme Pullach, 30 June 2016 - Sixt Leasing AG, one of the largest non-bank, vendor-neutral full-service leasing companies in Germany, at the end of June successfully launched the asset backed securities (ABS) programme it had previously announced. The programme is geared to refinance leasing contracts and thereby serves as another central building block to the company's financing mix. As a first step the ABS programme starts out with Commerzbank AG, which is providing a financing volume of EUR 250 million. The plan is for more banks to be joining the programme over the next months, in order to reach the mid-term target level of EUR 500 million. In turn, another tranche of EUR 209 million from the Core Loan, which is provided by Sixt SE, has been redeemed at the end of the first half of 2016 in line with plan. Björn Waldow, CFO of Sixt Leasing AG: "Starting the ABS programme and paying back almost one third of the outstanding inter-company financing, brought us a significant step closer to our goal of building up an independent external financing for the Sixt Leasing AG. The repayment was made at the earliest possible time and thereby allows us to significantly lower our interest rate expenses."
2016-06-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | Sixt Leasing AG | |
Zugspitzstraße 1 | ||
82049 Pullach | ||
Germany | ||
Phone: | +49 (0)89 744 44 - 4518 | |
Fax: | +49 (0)89 744 44 - 8 4518 | |
E-mail: | ir-leasing@sixt.com | |
Internet: | http://www.sixt-leasing.de | |
ISIN: | DE000A0DPRE6 | |
WKN: | A0DPRE | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |
05/12/2016
DGAP-News: Sixt Leasing AG / Key word(s): Quarterly / Interim Statement Sixt Leasing raises profitability still further during Q1 2016
Pullach, 12 May 2016 - In Q1 2016, Sixt Leasing AG, one of the largest non-bank, vendor-neutral full-service leasing companies in Germany, maintained the successful business performance of last year and managed to raise its profitability still further. Consolidated earnings before taxes (EBT), the key parameter for measuring business success, climbed 10.5% to EUR 8.1 million and thus above the average of consolidated revenue. Return on operating revenue consequently went up to 7.8%. At the end of March 2016 the contract portfolio held 105,000 contracts, some 6.7% more than at the same reporting date in 2015. This development was mainly due to the growth recorded in the Online Retail business field (private and commercial customer leasing) which expanded by almost one third. Against this background the Managing Board affirmed its business targets for the full year 2016. Dott. Rudolf Rizzolli, CEO of Sixt Leasing AG: 'Sixt Leasing recorded a successful first quarter 2016 and is fully in line with plan. The success of the first TV ad campaign we launched for our sixt-neuwagen.de online platform is also very encouraging. It saw the brand awareness of Sixt Neuwagen shoot up. Given our ambitious growth plans we are examining if in future will we continue to count on such far-reaching marketing campaigns to secure and expand our position as first mover in online leasing for private and commercial customers.' Key figures for the Group in Q1 2016
Private and commercial customers: contract portfolio increased by almost one third Strong equity ratio, credit lines of over EUR 350 million negotiated Transferring the Group financing to external partners as announced during the IPO in May 2015 remains fully on schedule. As at the end of April, credit lines of over EUR 350 million had been negotiated with bank partners. In addition, a borrower's note loan in the amount of EUR 30 million was successfully placed on the capital market in the beginning of May. It is also expected to conclude an ABS-financing structure ('Asset Backed Securities') with a volume of up to EUR 500 million by mid-2016. The new, external financing agreements are supposed to reduce interest costs substantially over the next few years. Performance of the business units Leasing business unit: The Online Retail business field started the year with a TV ad campaign that triggered significantly more direct customer leads and helped the unsupported brand awareness of Sixt Neuwagen to rise. At the end of April 2016 Sixt Leasing acquired 100% of the shares in autohaus24 GmbH to give it another access route to the strongly growing online vehicle market for private and commercial customers. autohaus24.de had previously been a joint venture held in equal shares by Sixt Ventures GmbH and Axel Springer Auto Verlag GmbH. The company ranks as one of the leading internet brokers for new vehicles in Germany. Through integrating leasing and financing offers on autohaus24.de, the high brand awareness and strong lead volume of autohaus24 can be utilised to conclude additional leasing and financing contracts. As at 31 March 2016 the segment's number of contracts came to 71,600, an increase of 6.4% (31 March 2015: 67,300 contracts). The main driver of this increase was the dynamic development of the Online Retail business field (+31.3% to 23,000 contracts). The Fleet Leasing business field held 48,600 contracts, some 2.4% below the figure at the end of March 2015, but slightly up on the level recorded at the end of 2015. Fleet Management business unit: Outlook for the year 2016 Moreover, Sixt Leasing will continue to drive forward the reorganisation of the Group financing announced during the IPO in May 2015, which is set to bring interest costs down significantly. For the full fiscal year 2016 the Managing Board expects operating revenue to expand by a lower to medium-range single-digit percentage figure compared to 2015, combined with a corresponding improvement of consolidated EBT, reflecting the growth in higher-margin businesses. Contact: Revenue performance
Earnings performance
Balance sheet figures
1 Due to rounding it is possible that selected figures in this release cannot be added up to the amount recorded and that the annual figures listed do not follow from adding up the individual quarterly figures. For the same reason, the percentage figures listed may not always exactly reflect the absolute numbers to which they refer. 2016-05-12 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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05/11/2016
DGAP-News: Sixt Leasing AG / Key word(s): Bond Pullach, 11 May 2016 - Sixt Leasing AG, one of the largest non-bank, vendor-neutral full-service leasing companies in Germany, successfully placed its first borrower's note loan with institutional investors at a volume of EUR 30 million and thus accessed another financing instrument. The note loan is unsecured and comes with a term of four years. Its margin was fixed at the lower end of the marketing range. The issue was arranged by the Bayerische Landesbank (BayernLB). Björn Waldow, CFO of Sixt Leasing AG: "We are delighted to have taken another successful step on the debt capital market one year after our IPO. Alongside the bilateral credit lines and the planned ABS structure, the borrower's note loan is an additional component in our financing mix to take us towards an independent and diversified financing structure." Sixt Leasing Contact: 2016-05-11 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | Sixt Leasing AG | |
Zugspitzstraße 1 | ||
82049 Pullach | ||
Germany | ||
Phone: | +49 (0)89 744 44 - 4518 | |
Fax: | +49 (0)89 744 44 - 8 4518 | |
E-mail: | ir-leasing@sixt.com | |
Internet: | http://www.sixt-leasing.de | |
ISIN: | DE000A0DPRE6 | |
WKN: | A0DPRE | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News Service |
03/14/2016
DGAP-News: Sixt Leasing AG / Key word(s): Preliminary Results/Final Results Sixt Leasing: contract portfolio exceeds 100,000 threshold for the first time in 2015 - Pre-tax earnings (EBT) up 18.2% to EUR 30.3 million
Today Sixt Leasing announces the key performance indicators of the preliminary consolidated statements at its annual press conference in Munich. Dott. Rudolf Rizzolli, CEO of Sixt Leasing AG: '2015 was the most successful year for Sixt Leasing in its corporate history. For one thing, the IPO in May 2015 created the preconditions for us to pursue our strategic objectives independently and to build up our own financing structure. For another thing, in the preceding fiscal year we were spot on in reaching our growth and earnings expectations. Fleet Leasing continued its path of profitable growth and managed to increase the rate of return in its contract portfolio. The Online Retail business field is growing above average and is continually gaining market shares. Besides, we have registered a gratifying trend over the last few months of generating good remarketing results with the vehicles returned from the private and commercial customer business. The Fleet Management business field, where we offer our expertise built up over years of managing large fleets also without lease financing, managed to expand total revenue and profitability as well as its presence in Europe. We will continue this sustainable Group strategy over the coming years.'
Group's contract portfolio climbs 6.0% To date Sixt Leasing AG has negotiated financing agreements with bank partners amounting to more than EUR 350 million and therefore reached the next milestone in setting up a financing structure independent from Sixt SE. The conclusion of an ABS financing agreement with a volume of up to EUR 500 million is strived for mid-2016. All in all, the roadmap for restructuring the Group's financing and thereby lowering the financing costs is fully on target. Performance of operative business segments Leasing segment: The segment's earnings before taxes (EBT) increased 17.0% to EUR 27.4 million as a result of operating growth, improved quality of earnings in the contract portfolio and lower spending on interest payments, compared to EUR 23.5 million recorded for 2014. In addition, the growing number of Online Retail customers who are using services is having a positive effect on margins. Approximately every third Online Retail contract concluded in 2015 includes at least one service component, such as accident and damage management, a car insurance or an inspection package. Moreover, customer loyalty was strengthened by the introduction of a bonus for existing customers, with the result that about every second private or commercial customers has decided to conclude a follow-up contract over the last months. The positive trend from remarketing the vehicles returned in the private and commercial customer business also improved the contribution to earnings coming from the Online Retail business field. As at 31 December 2015, the segment's registered number of contracts amounted around 69,400, a rise of 5.3% (31 December 2014: approx. 66,000). Online Retail improved its contract portfolio by 33.7 % to around 21,100 (31 December 2014: approx. 15,800 contracts) and continued the dynamic development of the preceding years. In the Fleet Leasing business field the number of contracts stayed with at around 48,300, 3.7% below the level of 2014 (31 December 2014: approx. 50,200), also because of the deliberate concentration on contracts that generate strong margins. Fleet Management segment: The business unit's earnings before taxes (EBT) improved to EUR 2.8 million compared with EUR 2.2 million the year before. The operating return on revenue (EBT to Fleet Management revenue without sales revenue) increased strongly from 5.3% in 2014 to 8.7% in 2015. The number of contracts in the segment expanded by 7.6% to around 33,800 contracts (31 December 2014: approx. 31,400 contracts), which was above all due to the acquisition of a key customer in the third quarter, adding approximately 10,000 vehicles. The implementation of this contract kicked off in 2015 and shall be finalised by the end of the first quarter of 2016.
For the current fiscal year 2016 the Managing Board projects further growth in the contract portfolio. The Online Retail business field is expected to keep up its dynamic development, with the number of contracts expected to climb to more than 32,000 by the end of 2017. Fleet Leasing in 2016 is expected to grow its contract portfolio somewhere in the lower single-digit percentage range. In the Fleet Management segment, shall be made another step towards the mid-term target of around 50,000 contracts. For the full fiscal year 2016 the Managing Board expects to expand operating revenue by a lower to mid-range single-digit percentage figure, combined with a corresponding improvement of consolidated EBT. Contact:
Earnings performance
Balance sheet figures for the Group
1 Due to rounding it is possible that selected figures in this news cannot be added up to the amount recorded and that the annual figures listed do not follow from adding up the individual quarterly figures. For the same reason, the percentage figures listed may not always exactly reflect the absolute numbers to which they refer. 2016-03-14 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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12/04/2015
DGAP-News: Sixt Leasing AG / Key word(s): Change of Personnel New Chief Sales Officer strengthens Sixt Leasing AG's
Pullach, 3 December 2015 - Vinzenz Pflanz (43) will become Managing Director Sales (Chief Sales Officer) of Sixt Leasing AG, one of the largest non-bank, vendor-neutral leasing companies in Germany, effective as at 15 January 2016. In this newly created role he will be responsible for expanding direct sales activities in the Fleet Leasing and Fleet Management business units and driving forward the internationalisation of the mobility services company. Vinzenz Pflanz brings with him over 18 years of experience across the entire value-creation chain of international fleet management and an extensive network of contacts to fleet managers as well as car manufacturers. The last six years he was Chief Commercial Officer with Fleet Logistics International, a subsidiary of TÜV Süd Group, where he was responsible for sales, account management, IT, quality management, implementation, legal affairs as well as procurement and purchasing. Previously, he co-founded and managed a brand-independent leasing company, after acting as Managing Director for an internationally active leasing group, where he oversaw the international expansion into twelve European countries as well as sales. Dott. Rudolf Rizzolli, CEO of Sixt Leasing AG: 'Vinzenz Pflanz is a proven expert with many years of experience in the international leasing business. I am sure that he will provide fresh impetus and momentum to sales, especially in view of the targeted further internationalisation of our fleet management business.'
Contact: Note: 2015-12-04 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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11/18/2015
DGAP-News: Sixt Leasing AG / Key word(s): 9-month figures Sixt Leasing significantly increases profitability during first nine months of 2015
Pullach, 18 November 2015 - In the third quarter of 2015, Sixt Leasing AG, one of the largest non-bank, vendor-neutral leasing companies in Germany, maintained the strong growth of the first six months of 2015 and increased return on sales still further. Consolidated earnings before taxes (EBT), the key figure for measuring the Company's business success, climbed by 39.2% over the first nine months to EUR 21.7 million. Year-on-year, the operating return on sales rose by 1.8 percentage points to 6.7%. The Managing Board of the mobility service provider, whose shares have been listed on the Frankfurt Stock Exchange since 7 May 2015, confirms its previous revenue expectations for fiscal year 2015 and outlines its earnings forecast in more detail. Dott. Rudolf Rizzolli, CEO of Sixt Leasing AG: 'After nine months, Sixt Leasing is absolutely in line with its plan. We continue to focus on qualitative growth and on increasing our profitability. A particularly gratifying development is the ongoing expansion in the number of contracts generated from our Online Retail business segment, which underlines the appeal of our services to private and commercial customers.' Sixt Leasing Group key figures after nine months 2015
Sixt Leasing Group key figures Q3 2015
Development of the contract portfolio Operating business segment performance Leasing segment: The segment's EBT for the first nine months rose substantially by 30.9% to EUR 19.8 million after EUR 15.1 million over the same period last year. The intensified activities in the Online Retail business field to improve margins of new business transactions contributed to this development in particular. As numerous customers prefer vehicles that are instantly available from dealers, the offer for such vehicles was continuously expanded. Moreover, a growing number of private and commercial customers are making use of additional services that are offered on top. About every third contract now includes at least one service component. In addition, measures to retain customers were also intensified through the introduction of a bonus for existing customers. At the end of September 2015 the portfolio of contracts amounted to approx. 68,800, a gain of 4.1% compared to the figure recorded at the same date the year before (66,100 contracts). The Online Retail business field with its innovative online platform www.sixt-neuwagen.de continued to record healthy growth. It increased its number of contracts year-on-year by 36.1% to around 19,900 (30 September 2014: approx. 14,600 contracts). In the third quarter Sixt Leasing proved its innovative power once again. First, in July 2015 the online retail portal www.sixt-neuwagen.de launched its cooperation with the specialist financing provider akf bank. It enables customers to find a straightforward follow-up financing solution when their leasing vehicle comes to the end of its term. The second innovation refers to the development of a driver's logbook app. It allows company car users to record their journeys simply via smartphone, to have them documented for the tax authority. Fleet Management segment: In the period under review, the segment's EBT increased substantially to EUR 2.0 million (9M 2014: EUR 0.5 million), because of an improved profitability of the contract portfolio, among others. As of 30 September 2015 the Fleet Management's contract portfolio included around 22,900 contracts, a decline of 27.4% compared with the number recorded on 30 September 2014 (approx. 31,500 contracts). After an intense tender and negotiation phase a key account confirmed the fleet management of about 10,000 vehicles. Following a successful implementation, the contract portfolio of the Fleet Management business unit is, therefore, supposed to rise significantly and overcompensate the temporary downturn in the number of contracts. In addition, Managed Mobility AG, the Swiss-based joint venture for fleet management that is consolidated at-equity, manages another 5,900 contracts. The ongoing internationalisation is another important corner stone for the growth of the Fleet Management business unit. In the period under review, the Dutch subsidiary was realigned to focus on fleet management and preparations went underway to establish a French subsidiary. With the in the third quarter newly developed Global Reporting Tool, which is due to be launched in the fourth quarter of 2015, international fleets can be managed even more efficiently. The new tool provides comprehensive transparency on all relevant vehicles, which a company operates. First external financing agreements concluded Outlook for the full-year 2015 Consolidated earnings will be positively affected by the measures taken to increase profitability in the contract portfolio. In addition, it is expected that the Group's interest expenses can be lowered. This is to be achieved on the one hand by reducing current financial liabilities as well as through the initiated substitution of the Group financing provided by Sixt SE with the proceeds from the IPO and on the other hand by the utilisation of the negotiated new financing agreements with banking partners. Consequently, the Managing Board has specified its earnings forecast for 2015 and now expects the Group's EBT to rise from the EUR 25.6 million recorded in 2014 to around EUR 30 million in 2015. Contact: Note:
Revenue performance
Earnings performance
Other key figures for the Group
2015-11-18 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. Media archive at www.dgap-medientreff.de and www.dgap.de
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09/04/2015
DGAP-News: Sixt Leasing AG / Key word(s): Miscellaneous Sixt Leasing AG added to Deutsche Börse's SDAX index
Munich, 4 September 2015 - The shares of Sixt Leasing AG, one of the largest non-bank, vendor-neutral leasing companies in Germany, will be included into Deutsche Börse's SDAX index per 21 September 2015. The move was announced yesterday by Deutsche Börse following the close of stock markets in the USA. Accordingly, Sixt Leasing AG now ranks among the 50 biggest German listed corporations below the MDAX index in terms of market capitalisation and share turnover. The inclusion into the renowned small cap index, which also comprises the ordinary shares of Sixt SE, follows just four months after the mobility service provider's IPO on 7 May 2015. Â 2015-09-04 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. Media archive at www.dgap-medientreff.de and www.dgap.de
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08/19/2015
Sixt Leasing AG / Key word(s): Half Year Results/Quarter Results Sixt Leasing records leap in earnings in first half of 2015
Pullach, 19 August 2015 - Sixt Leasing AG, one of the largest non-bank, vendor-neutral leasing companies in Germany, recorded a successful first half year in 2015. Group revenues and consolidated earnings were both significantly higher than the six-month figures recorded last year. Consolidated earnings before taxes (EBT), the key figure for measuring the Company's business success, climbed 43.0% to EUR 13.7 million. The operating return on sales rose by 1.8 percentage points to 6.4%. Given the successful first six months of 2015 the Managing Board of the mobility service provider, whose share has been listed on the Frankfurt stock exchange since 7 May 2015, confirmed the previous revenue and earnings expectations for the full fiscal year 2015. Dott. Rudolf Rizzolli, CEO of Sixt Leasing AG: 'Business performance for the first six months is fully in line with our ambitious plan. It shows that our strategy of qualitative growth with focus on profitability maximisation is paying off.' Sixt Leasing Group key figures H1 2015
Sixt Leasing Group key figures Q2 2015
Development of the contract portfolio Performance in the operative business segments Leasing Segment: Segment's earnings before taxes (EBT) increased significantly. They went up by 25.4% to EUR 12.3 million, following EUR 9.8 million at the end of the first half of 2014. At the end of the first six months of 2015 the portfolio of contracts was around 68,200, a gain of 5.0% compared to the middle of 2014 (65,000 contracts). The Online Retail business field, which addresses private and commercial customers via the innovative online platform www.sixt-neuwagen.de, continues to grow dynamically. Its portfolio expanded by 35.2% to circa 18,700 contracts (H1 2014: 13,900 contracts). Fleet Management segment: EBT in this segment increased by EUR 1.4 million for the period January to June (H1 2014: EUR -0.2 million). As at 30 June 2015 the approximately 23,000 contracts in the Fleet Management segment were less than the around 31,200 contracts recorded in the first half of 2014. This was primarily based on the termination of the contract with the key account. Furthermore Managed Mobility AG, the new at-equity joint venture for fleet management in Switzerland, manages around 6,000 contracts. Equity substantially stronger Björn Waldow, CFO of Sixt Leasing AG: 'The solid equity basis that we achieved through the IPO is a very good basis for gradually replacing our financing, which is currently mainly secured by Sixt SE, with external and independent financing. This will also allow us to lower our refinancing costs.' Outlook for the whole of 2015 Contact: Note: Revenue performance
Earnings performance
Other key figures for the Group
1 Due to rounding it is possible that individual figures presented in this press release may not add up exactly to the totals shown and that the half-year figures listed may not follow from adding up the individual quarterly figures. Furthermore, the percentage figures presented may not exactly reflect the absolute figures they relate to. 2 Ratio of EBT to operating revenue 3 Ratio of profit attributable to shareholders of Sixt Leasing AG and the pro rata temporis weighted average number of ordinary shares outstanding 4 Following the equity inflow from the IPO and the capital injection of EUR 30 million into the capital reserves made by Sixt SE 5 Value of vehicles added to the leasing fleet 2015-08-19 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. Media archive at www.dgap-medientreff.de and www.dgap.de
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07/07/2015
Munich, 7 July 2015 – Sixt Neuwagen is expanding its portfolio of services for its customers. Sixt Leasing’s Neuwagen portal is now collaborating with specialist lender akf bank, facilitating simple, convenient follow-up financing for its customers for lease vehicles that are due to expire.
At the end of a given lease agreement, Sixt Neuwagen’s customers can obtain an estimate thanks to the collaboration between Sixt Leasing and akf bank. If they opt for follow-up financing, they can discuss this estimate with their personal contacts at Sixt Neuwagen, and take advantage of it. A core akf team will support Sixt Leasing with the implementation.
Sixt Neuwagen (www.sixt-neuwagen.de) is an online platform for private and business customers, and offers the latest vehicle models from more than 30 manufacturers, which can be configured and leased as required. The vehicles originate exclusively from German dealerships. As part of this, Sixt Neuwagen offers attractive leasing conditions, as well as the choice between classic leasing and different forms of financing.
Martina Krauss, Divisional Manager, Cooperation Management at akf bank: ‘In future, customers of Sixt Neuwagen, our cooperation partner, will also be able to benefit on an ongoing basis from our many years of expertise in vehicle contracting. We look forward to working together.’
Marco Steinfatt, Senior Director, Private and Business Customers: ‘In akf bank, we are delighted to have an expert financial service provider at our side who guarantees simple processes, and with whom we can offer real added value for our customers. The collaboration is a further building block in our comprehensive service offer for private and business customers.’
05/27/2015
Sixt Leasing AG / Key word(s): Miscellaneous Sixt Leasing AG IPO: Exercise of the Greenshoe option and premature termination of the stabilization period
Pullach, 27 May 2015 - In connection with the initial public offering (IPO) of Sixt Leasing AG, COMMERZBANK Aktiengesellschaft was authorized to act as stabilization manager and to take stabilization measures to support the market price of the shares in Sixt Leasing AG for a period of up to 30 calendar days after the first listing of the shares of Sixt Leasing AG on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) on 7 May 2015. COMMERZBANK Aktiengesellschaft announced on 22 May 2015, that stabilization measures were conducted on 7 May 2015 and that a total of 400,000 shares in Sixt Leasing AG (ISIN: DE000A0DPRE6, WKN: A0DPRE) were repurchased on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. The shareholder Sixt SE had granted to the joint bookrunners Joh. Berenberg, Gossler & Co. KG, COMMERZBANK Aktiengesellschaft and Baader Bank Aktiengesellschaft in connection with the IPO of Sixt Leasing AG a Greenshoe option to acquire up to 1,631,081 shares in Sixt Leasing AG. This Greenshoe option was exercised on 22 May 2015 in respect of 1,213,081 shares. The stabilization period was hence terminated prematurely. After the exercise of the Greenshoe option, the final gross net proceeds of the IPO of Sixt Leasing AG amount thus to EUR 239 million, with a free float of 58.1%. After the exercise of the Greenshoe option, the share of the major shareholder Sixt SE results in 41.9%. Björn Waldow, CFO of Sixt Leasing AG: "The premature termination of the stabilization period marks the successful completion of the IPO of Sixt Leasing AG." Contact: Forward-Looking Statements: Disclaimer: 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. 2015-05-27 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. Media archive at www.dgap-medientreff.de and www.dgap.de |
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); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News-Service |
362213 2015-05-27 |
05/18/2015
Sixt Leasing AG / Key word(s): Quarter Results Sixt Leasing doubles pre-tax Group earnings in Q1 2015
Pullach, 18 May 2015 - In Q1 2015 the Sixt Leasing Group continued its positive business performance from last year. Year-on-year consolidated revenue for the quarter climbed 25.0% to EUR 165.3 million. Consolidated earnings before taxes (EBT), the key figure for measuring the business success of the mobility service provider more than doubled in the first quarter of 2015, from EUR 3.6 million (Q1 2014) to EUR 7.3 million. The Company, whose share was listed on Frankfurt's stock exchange for the first time on 7 May 2015, is optimistic for the further course of the year. Dott. Rudolf Rizzolli, CEO of Sixt Leasing AG: 'First quarter business performance is in keeping with our own expectations and represents a solid foundation for achieving our targets for the year. The successful IPO at the start of May has given us the financial leeway that is the precondition for achieving our ambitious growth plans.' Sixt Leasing Group key figures Q1 2015
Contract portfolio keeps growing Operating business segments' performance Leasing segment: EBT for the first three months was EUR 6.8 million after EUR 3.7 million in the first quarter of 2014. At the end of the reporting period the Leasing segment recorded a total of 67,300 contracts (31 March 2014: 62,700). The number of contracts in the Online Retail business field with the online platform www.sixt-neuwagen.de had grown to 17,500 at the end of March 2015 (31 March 2014: 12,400), while in the Fleet Leasing business field the number of contracts decreased marginally to 49,800 (31 March 2014: 50,300). Fleet Management segment: The EBT of the segment for Q1 2015 was EUR 0.5 million compared with EUR -0.1 million for the same quarter last year. As per reporting date the Fleet Management's contract portfolio had risen considerably from 16,900 (Q1 2014) to 31,100 because of the acquisition of a large key account. Solid equity ratio following the IPO Outlook for the whole of 2015 The intake of funds from the IPO will be partly used to reduce current financial liabilities, so that the Group's interest rate payments may already be lowered in 2015. The remaining funds will be kept as liquidity reserves to finance growth. The medium-term objective is for the Group's financing, which is still currently mainly provided by Sixt SE, to be replaced step by step by external independent financing. Contact: Note: Sixt Leasing Group Revenue performance
Earnings performance
Other key figures for the Group
2015-05-18 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. Media archive at www.dgap-medientreff.de and www.dgap.de
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05/07/2015
DGAP-News: Sixt Leasing AG / Key word(s): IPO 2015-05-07 / 00:52 --------------------------------------------------------------------- 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 fixed at EUR 20.00 per share - Issue price within upper half of price range - Total gross volume of placement at around EUR 215.1 million (resp. around EUR 247.3 million including over-allotment) - Gross proceeds from capital increase of around EUR 111.7 million - Trading of shares on the Frankfurt Stock Exchange is expected to start on 7 May 2015 - Dr. Rudolf Rizzolli, CEO: "The very strong demand shows that investors have great confidence in our business model." Pullach, 6 May 2015 - Sixt SE, the syndicate banks and Sixt Leasing AG fixed the issue price for the shares of Sixt Leasing AG to be offer via the IPO (or the "offer") at EUR 20.00 per share. Due to the very strong demand, the issue price is within the upper half of the price range of EUR 17.90 to EUR 21.30. A total of 12,366,955 shares of Sixt Leasing AG was placed, of which 5,586,593 were new shares from a cash capital increase of Sixt Leasing AG, 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 offer was oversubscribed multiple times at the issue price. The major part of shares from the manufacturer-neutral service provider of fleet leasing, fleet management and online retail solutions was placed with institutional investors from Germany and Europe. Of the offered shares 96.7 percent were allotted to institutional investors and 3.3 percent to retail investors (Privatanleger). Retail investors (Privatanleger) were allotted in accordance with the "Principles for the Allotment of Share Issues to Private Investors" published by the Commission of Stock Exchange Experts (Börsensachverständigenkommission) at the Federal Ministry of Finance. The total gross volume of the placement (prior to deduction of IPO costs) amounts to around EUR 215.1 million (resp. around EUR 247.3 million including the full placement of the Over-Allotment Shares). Sixt Leasing AG's gross proceeds from the placement of the new shares amount to around EUR 111.7 million. In combination with the equity injection made by Sixt SE prior to the IPO in the amount of EUR 30.0 million, the equity of Sixt Leasing AG is increased by a total of around EUR 141.7 million. Following the IPO, assuming the greenshoe option in respect of the Over-Allotment Shares granted to the syndicate banks is not exercised, Sixt SE will hold approximately 48 % of the share capital of Sixt Leasing AG. Assuming that the greenshoe option is exercised in full, Sixt SE will hold around 40 %. The shares of Sixt Leasing AG are expected be traded on the regulated market (Prime Standard) of the Frankfurt stock exchange as of 7 May 2015 and will have the ticker symbol LNSX, the German Securities Identification Number (WKN) A0DPRE and the International Securities Identification Number (ISIN) DE000A0DPRE6. Sixt Leasing AG intends to use the proceeds from the IPO to reduce its current external financial liabilities in order to strengthen its capital base, creating the financial leeway for ongoing growth and a further increase in its profitability by reducing its interest payments. Dr. Rudolf Rizzolli, CEO of Sixt Leasing AG: "The very encouraging demand from German and foreign investors shows that the capital market has recognised the excellent growth opportunities that we foresee for our company in the upcoming years. We are very pleased with the market's response and take this to be clear proof of trust in our business model." Berenberg and COMMERZBANK acted as Joint Global Coordinators and Joint Bookrunners, Baader Bank as further Joint Bookrunner. Contact: Sixt Leasing AG Press Office Frank Elsner Tel.: +49 - 89 - 99 24 96 30 Fax: +49 - 89 - 99 24 96 32 E-Mail: pressrelations@sixt.com Forward-Looking Statements: This release may contain forward-looking statements based on current assumptions and forecasts made by Sixt Leasing Group. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the Company and the estimates given here. These factors include those discussed in Sixt SE's public reports which are available on the Sixt SE website at http://ir.sixt.eu. The Company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. Disclaimer: 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. --------------------------------------------------------------------- 2015-05-07 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 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 News DGAP News-Service --------------------------------------------------------------------- 354173 2015-05-07
04/09/2015
Sixt Mobility Consulting GmbH, a wholly-owned subsidiary of Sixt Leasing AG, has been awarded the most significant mandate in its history. The specialist for fleet management and mobility consulting will take over the management of the German fleet for Europe’s largest software manufacturer SAP, which comprises approximately 14,000 cars in their purchased vehicle fleet. Sixt Mobility Consulting will realise clear benefits for SAP by way of a more comprehensive service offering for drivers as well as improved conditions for the company. The vehicle fleet manager will also set up a global reporting system that is going to consolidate all data relating to the management of SAP vehicles in future.
Sixt Mobility Consulting offers SAP drivers comprehensive services. These range from easy car selection via the Sixt online configurator and support with damage cases to convenient maintenance and repair processes and the remarketing of used cars via a remarketing platform run by Sixt. In collaboration with the SAP vehicle fleet, Sixt Mobility Consulting has established a dealer and service network that gives drivers a permanent point of contact across Germany and enables them to access high-quality additional services and enjoy conditions negotiated in their favour. In addition, a dedicated team from Sixt Mobility Consulting is at the disposal of SAP employees on-site at the company headquarters in Walldorf.
Sixt Mobility Consulting will continue to provide strategic advice to SAP with respect to the selection of suppliers and negotiation of conditions. Furthermore, the vehicle fleet manager is currently establishing a global reporting system for SAP which will enable the homogeneous listing and management of all vehicles worldwide. Going forward, Sixt Mobility Consulting will use this system to manage SAP’s international fleet, comprising approximately 23,500 vehicles.
Dott. Rudolf Rizzolli, CEO of Sixt Leasing AG: “The mandate awarded by SAP proves the comprehensive expertise Sixt Mobility Consulting has in the management of large vehicle fleets. Not only can we guarantee seamless processes, we can also significantly improve conditions. We’re particularly looking forward to developing an innovative global reporting system in collaboration with SAP and thus being able to guarantee homogenous logging of all vehicles worldwide. We’re convinced that this is a relevant topic to many companies.”
04/07/2015
Professional fleet management in Switzerland: Managed Mobility AG has been launched as a specialist in all aspects of fleet management and fleet optimisation. The new company is a joint venture of Sixt Leasing and Swisscom Managed Mobility, each of which holds 50% in the venture. Managed Mobility is based in Urdorf near Zurich and will work for small and medium sized companies as well as large multinationals.
Managing a vehicle fleet efficiently is not one of core fields of expertise for many companies and it ties up a lot of resources. Numerous contact-points with internal and external partners have to be coordinated. That is why an increasing number of companies are outsourcing their fleet management to external professional service providers who not only manage their fleets but also identify and implement potential cost savings in them.
Comprehensive fleet management
Managed Mobility as a fleet management specialist will work for companies who have their own vehicles or obtain them from various financing companies. Managed Mobility’s fleet management services include:
Optimum consulting
Managed Mobility combines custom fleet management services with continuous fleet optimisation. A comprehensive analysis of the fleet situation is used to derive suggestions for improvement which are implemented to optimise costs and structures.
The Joint venture will offer its services also to customers of Sixt Leasing and the Swisscom Group.
Dott. Rudolf Rizzolli, CEO of Sixt Leasing AG: “Companies expect professional fleet management to provide them with a measurable improvement in quality in their processes while reducing costs. Managed Mobility AG is the ideal partner for both small and mid-sized enterprises and large multinationals in Switzerland. The Joint venture bundles the comprehensive and long standing expertise and experience of Sixt leasing and Swisscom Managed Mobility.”
04/01/2015
The Supervisory Board of Sixt Leasing AG has appointed Mr Björn Waldow (40) as the company’s Chief Financial Officer (CFO) with effect from 1 April 2015. He will be responsible for Finance, Accounting and Controlling as well as Investor Relations, Risk Management, Internal Audit, Legal and Compliance.
Mr Waldow holds a master's degree in business administration and also trained as a qualified banking clerk. He has worked for the Sixt Group since 2010. As Managing Director he was responsible in the Corporate Development department for Strategy, Mergers & Acquisitions (M&A), Sales Controlling and Group Risk Management. He worked for Roland Berger Strategy Consultants from 2002 to 2010, most recently as Principal. Mr Waldow held various positions at Deutsche Bank from 1995 to 2001.
The Board of Sixt Leasing AG also includes Dott. Rudolf Rizzolli, who since 2012 has been Chief Executive Officer (CEO) of the fleet leasing, fleet management and online retail leasing specialist.
Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing AG: “As a finance and controlling expert, Björn Waldow will strengthen the management of our leasing company. He has proven his abilities impressively in the Sixt Group over the past five years.”