New Risk • Nov 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 27
Second quarter 2023 earnings released: EPS: €0.07 (vs €0.09 in 2Q 2022) Second quarter 2023 results: EPS: €0.07 (down from €0.09 in 2Q 2022). Revenue: €191.7m (up 5.6% from 2Q 2022). Net income: €1.53m (down 14% from 2Q 2022). Profit margin: 0.8% (down from 1.0% in 2Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 26
Upcoming dividend of €0.09 per share at 0.8% yield Eligible shareholders must have bought the stock before 03 July 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Swiss dividend payers (4.5%). Lower than average of industry peers (6.0%). Reported Earnings • May 03
Full year 2022 earnings released: EPS: €0.44 (vs €0.28 in FY 2021) Full year 2022 results: EPS: €0.44 (up from €0.28 in FY 2021). Revenue: €719.2m (down 3.3% from FY 2021). Net income: €9.02m (up 55% from FY 2021). Profit margin: 1.3% (up from 0.8% in FY 2021). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: €0.09 (vs €0.06 in 2Q 2021) Second quarter 2022 results: EPS: €0.09 (up from €0.06 in 2Q 2021). Revenue: €181.3m (flat on 2Q 2021). Net income: €1.78m (up 40% from 2Q 2021). Profit margin: 1.0% (up from 0.7% in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 7.0% growth forecast for the Transportation industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Aankondiging • Aug 24
Allane Se Announces Earnings Guidance for 2022 Allane SE announced that consolidated operating revenue of between EUR 350 million and EUR 400 million (2021: EUR 386.0 million) for the current 2022 financial year. For EBT, the Company expects a higher single-digit million euro amount (2021: EUR 6.1 million). Reasons for this forecast are, in addition to the weaker than initially expected operating business development in the current financial year, the ongoing COVID-19 situation, the supply restrictions for new cars due to the semiconductor shortage and the potential impact of the Russia-Ukraine war on the automotive market. The Allane Mobility Group expects the market and business environment for new contracts and usage-based revenues to continue to be negatively impacted by the aforementioned factors. Aankondiging • Jul 02
Allane Se Announces Board Changes The shareholders of Allane SE elected Mr. Su Ho Kim and Mr. Hyung Seok Lee as additional members to the Supervisory Board of the company. Upcoming Dividend • Jun 23
Upcoming dividend of €0.06 per share Eligible shareholders must have bought the stock before 30 June 2022. Payment date: 04 July 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Swiss dividend payers (4.1%). Lower than average of industry peers (4.9%). Aankondiging • May 13
Allane Mobility Group Provides Group Earnings Guidance for the Year 2022 Allane Mobility Group provided group earnings guidance for the year 2022. For the year, the group expects contract portfolio to be in the range of 130,000 to 150,000 contracts (2021: 128,845 contracts). Consolidated operating revenue to be between EUR 350 million to EUR 400 million (2021: EUR 386.0 million). For EBT, the company expects a higher single-digit million euro amount (2021: EUR 6.1 million). Reported Earnings • May 01
Full year 2021 earnings released: EPS: €0.28 (vs €0.10 in FY 2020) Full year 2021 results: EPS: €0.28 (up from €0.10 in FY 2020). Revenue: €748.5m (flat on FY 2020). Net income: €5.84m (up 169% from FY 2020). Profit margin: 0.8% (up from 0.3% in FY 2020). Over the next year, revenue is forecast to grow 1.9%, compared to a 13% growth forecast for the industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 04
Sixt Leasing SE Provides Earnings Guidance for Fiscal Year 2021 Sixt Leasing SE provided earnings guidance for fiscal year 2021. For the year, there is a high degree of uncertainty with regard to the EBT forecast for fiscal year 2021 communicated on March 24, 2021 and confirmed on December 8, 2021 within a range of between EUR 5.5 and 6.5 million. The uncertainties in the relevant provisions are currently in the low single-digit million euro range. Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS €0.07 (vs €0.08 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €198.6m (up 1.8% from 3Q 2020). Net income: €1.54m (down 8.1% from 3Q 2020). Profit margin: 0.8% (down from 0.9% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Executive Departure • Sep 07
CFO & Member of Management Board Björn Waldow has left the company On the 1st of September, Björn Waldow's tenure as CFO & Member of Management Board ended after 6.4 years in the role. We don't have any record of a personal shareholding under Björn's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS €0.06 (vs €0.098 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €182.7m (up 6.9% from 2Q 2020). Net income: €1.27m (up €3.29m from 2Q 2020). Profit margin: 0.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Executive Departure • Jul 01
Chairman of the Managing Board & CEO Michael Ruhl has left the company On the 30th of June, Michael Ruhl's tenure as Chairman of the Managing Board & CEO of the company ended after 2.5 years in the role. We don't have any record of a personal shareholding under Michael's name. A total of 3 executives have left over the last 12 months. Under Michael's leadership, the company delivered a total shareholder return of -1.5%. Upcoming Dividend • Jun 23
Upcoming dividend of €0.02 per share Eligible shareholders must have bought the stock before 30 June 2021. Payment date: 02 July 2021. Trailing yield: 0.1%. Lower than top quartile of Swiss dividend payers (3.4%). Lower than average of industry peers (5.6%). Aankondiging • Jun 22
Sixt Leasing Launches Innovative 'FleetIntelligence' Analysis Tool for Fleet Managers Sixt Leasing has completely redeveloped its digital analysis tool "FleetIntelligence" and introduced it for fleet customers and managers as well as for internal analyses. The new application is based on (cloud) technology and thus enables fleet managers to quickly, easily and securely analyse their fleet with regard to important parameters such as inventory, costs, sustainability and damage. In this way, "FleetIntelligence" enables fleet managers to identify optimisation potential at an early stage and to initiate appropriate measures. The analysis results of "FleetIntelligence" can be visualised individually and attractively using configurable dashboards and detailed views. This provides fleet managers with maximum transparency: from an overview of the entire fleet to the individual contract or voucher. The new "FleetIntelligence" enables analyses down to the detailed level (contract, customer, vehicle) and is divided into four main modules: Inventory (current inventory and orders of vehicles according to various criteria such as type, user group, infleets, current, future and overdue defleets, contracts, etc.). Costs (overview of vehicle costs such as maintenance, invoices, fuel costs as well as mileage and resulting credits etc.) Sustainability (fuel consumption, CO2 emissions of the fleet, vehicles by type of drive, etc.). Damage (type, costs, time of occurrence, third-party or own fault, cause, open/closed damage, etc.). Users can add further parameters to the already preset standard filters. The analysis results can be bookmarked and thus recalled at a later time. In addition, it is possible to download the results in Excel format from the application at any time for sharing the data or for further processing in the individual modules. Moreover, training videos are available to users to help them get started with the tool. "FleetIntelligence" was developed based on the Sixt Leasing Group's many years of experience in fleet leasing and fleet management. The new version uses the QlikSense platform, which accesses information along the entire life cycle of a vehicle: from ordering to vehicle return and evaluation (defleeting). Data is delivered to QlikSense via the high-speed Amazon Simple Storage Service (Amazon S3) cloud storage service. Reported Earnings • May 21
First quarter 2021 earnings released: EPS €0.03 (vs €0.18 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €189.9m (down 4.7% from 1Q 2020). Net income: €602.0k (down 84% from 1Q 2020). Profit margin: 0.3% (down from 1.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Aankondiging • May 19
Sixt Leasing SE Confirms Earnings Guidance for the Year 2021 Sixt Leasing SE confirmed earnings guidance for the year 2021. For the year, the company expects consolidated operating revenue in the range of previous year's figure (2020: EUR 423.3 million). With regard to EBT, the Managing Board expects a higher single-digit million euro amount (2020: EUR 9.1 million). Reported Earnings • May 02
Full year 2020 earnings released: EPS €0.10 (vs €1.04 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €751.1m (down 9.3% from FY 2019). Net income: €2.17m (down 90% from FY 2019). Profit margin: 0.3% (down from 2.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 25
Sixt Leasing SE Provides Financial Guidance for First Quarter and Financial Year 2021 Sixt Leasing SE provided financial guidance for first quarter and financial year 2021. For the current financial year 2021, the Managing Board expects consolidated operating revenue in the range of previous year's figure (2020: EUR 423.3 million). With regard to EBT, the Managing Board expects a higher single-digit million euro amount (2020: EUR 9.1 million).
EBT for the first quarter of 2021 is expected to decline very sharply compared to the corresponding period of the previous year (Q1 2020: EUR 5.6 million). Aankondiging • Feb 24
Sixt Leasing SE Digitalises Vehicle Handover and Return Process Sixt Leasing SE is optimizing vehicle handover and return at its locations in Frankfurt-Egelsbach, Berlin-Adlershof and Munich-Eching. From now on, all logistics processes will be recorded digitally in the already launched SML software solution (Service Module Logistics): from the delivery of the new leased vehicle by truck and the handover to the corporate or private customer to the return and collection by the freight forwarder. In the future, on-site employees will use a new smartphone app for this purpose, which they can use to determine the passages of risk as well as the exact equipment and condition of the vehicle. In the process, they create standardized, comprehensive photo logs. Thus, any transport damage can be recorded as soon as the new vehicle is delivered. The handover or return protocol is also signed using the app: customers simply sign on the smartphone of the employee responsible and receive the signed document by e-mail just a few minutes later. All recorded data is transmitted automatically and in real time from the app (front-end) to Sixt Leasing's back-end system - and therefore does not need to be entered manually. This saves employees and customers even more time. Aankondiging • Dec 12
Sixt Leasing SE Appoints Executive Appointments Sixt Leasing SE announced at the EGM held on December 10, 2020 that the company has approved the supervisory board appointment of Mr. Thomas Oliver Hanswillemenke and Mr. Chi Wan Yoon. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS €0.08 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €197.2m (down 3.8% from 3Q 2019). Net income: €1.68m (down 71% from 3Q 2019). Profit margin: 0.9% (down from 2.8% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 16% per year. Analyst Estimate Surprise Post Earnings • Nov 12
Revenue beats expectations Revenue exceeded analyst estimates by 18%. Over the next year, revenue is forecast to grow 4.1% compared to a 7.9% decline forecast for the Transportation industry in Switzerland. 
