Declared Dividend • May 20
Dividend of €3.20 announced Shareholders will receive a dividend of €3.20. Ex-date: 18th June 2026 Payment date: 22nd June 2026 Dividend yield will be 5.0%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 08
Sixt SE, Annual General Meeting, Jun 17, 2026 Sixt SE, Annual General Meeting, Jun 17, 2026, at 10:00 W. Europe Standard Time. Duyuru • Dec 19
Sixt SE to Report Fiscal Year 2025 Results on Mar 04, 2026 Sixt SE announced that they will report fiscal year 2025 results on Mar 04, 2026 Duyuru • Apr 24
Sixt SE, Annual General Meeting, Jun 05, 2025 Sixt SE, Annual General Meeting, Jun 05, 2025, at 10:00 W. Europe Standard Time. Duyuru • Mar 01
Sixt SE Provides Earnings Guidance for the Full Year 2025 Sixt SE provided earnings guidance for the full year 2025. The company expects to increase revenue in a range of 5% to 10% for the full year 2025 despite a weak economy in Europe and a persistently competitive market. Duyuru • Dec 20
Sixt SE to Report Q1, 2025 Results on May 13, 2025 Sixt SE announced that they will report Q1, 2025 results on May 13, 2025 Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: €1.03 (vs €2.06 in 2Q 2023) Second quarter 2024 results: EPS: €1.03 (down from €2.06 in 2Q 2023). Revenue: €1.08b (up 17% from 2Q 2023). Net income: €48.3m (down 50% from 2Q 2023). Profit margin: 4.5% (down from 10% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Aug 08
Sixt SE Provides Earnings Guidance for the Second Quarter and for First Half of 2024 Sixt SE provides earnings guidance for the second quarter and for the first half of 2024. For the quarter, the company expects Group revenue totalled EUR 1.01 billion (Q2 2023: EUR 925.1 million).
For the first half, the company expects Group revenue totalled EUR 1.79 billion (H1 2023: EUR 1.62 billion). Duyuru • Jun 26
Sixt SE(XTRA:SIX2) dropped from Germany MDAX Index (Performance) Sixt SE has been dropped from Germany MDAX Index (Performance). Upcoming Dividend • Jun 06
Upcoming dividend of €3.90 per share Eligible shareholders must have bought the stock before 13 June 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Swiss dividend payers (4.1%). In line with average of industry peers (4.6%). Reported Earnings • May 07
First quarter 2024 earnings released First quarter 2024 results: Revenue: €832.5m (up 18% from 1Q 2023). Net loss: €23.1m (down 204% from profit in 1Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Transportation industry in Europe. Reported Earnings • Mar 28
Full year 2023 earnings released Full year 2023 results: Revenue: €3.89b (up 26% from FY 2022). Net income: €335.1m (down 13% from FY 2022). Profit margin: 8.6% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Transportation industry in Europe. Reported Earnings • Nov 09
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €1.20b (up 20% from 3Q 2022). Net income: €183.0m (down 9.1% from 3Q 2022). Profit margin: 15% (down from 20% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Transportation industry in Europe. Duyuru • Nov 09
Sixt SE Provides Consolidated Earnings Guidance for the Year 2023 Sixt SE provided consolidated earnings guidance for the year 2023. For the period, the company expects a consolidated revenue of around EUR 3.6 billion. Duyuru • Nov 07
Sixt SE to Report Q3, 2023 Results on Nov 08, 2023 Sixt SE announced that they will report Q3, 2023 results on Nov 08, 2023 New Risk • Aug 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (10% net profit margin). Reported Earnings • Aug 11
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €977.6m (up 31% from 2Q 2022). Net income: €96.6m (up 2.9% from 2Q 2022). Profit margin: 9.9% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Transportation industry in Europe. Duyuru • Aug 10
SIXT Provides Earnings Guidance for the Full Year 2023 SIXT provided earnings guidance for the full year 2023. For the year, the company expected a significant increase in revenue for the full year as well as an EBT within the EBT forecast, which ranges from EUR 430 million to 550 million. Duyuru • Jun 23
Sixt SE to Report Q2, 2023 Results on Aug 08, 2023 Sixt SE announced that they will report Q2, 2023 results on Aug 08, 2023 Upcoming Dividend • May 17
Upcoming dividend of €6.11 per share at 3.6% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Swiss dividend payers (4.3%). Lower than average of industry peers (5.1%). Reported Earnings • May 12
First quarter 2023 earnings released First quarter 2023 results: Revenue: €752.5m (up 30% from 1Q 2022). Net income: €22.2m (down 67% from 1Q 2022). Profit margin: 2.9% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • May 12
Sixt SE Provides Consolidated Earnings Guidance for the Year 2023 Sixt SE provided consolidated earnings guidance for the year 2023. The company expects a significant increase in consolidated revenue in 2023 compared to the previous year (2022: EUR 3.07 billion). In terms of earnings before taxes (EBT), it continues to expect a figure within the range of EUR 430 million to EUR 550 million. This means that the lower end of the target range remains clearly above the pre-COVID level (2019: EUR 308.2 million) and its upper end is on course for the record year 2022 (EUR 550.2 million). Reported Earnings • Mar 04
Full year 2022 earnings released Full year 2022 results: Revenue: €3.07b (up 34% from FY 2021). Net income: €385.7m (up 23% from FY 2021). Profit margin: 13% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Transportation industry in Europe. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: €1.99 (vs €1.33 in 2Q 2021) Second quarter 2022 results: EPS: €1.99 (up from €1.33 in 2Q 2021). Revenue: €812.2m (up 62% from 2Q 2021). Net income: €93.8m (up 50% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 1.1%, compared to a 9.5% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • May 19
Upcoming dividend of €3.70 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Swiss dividend payers (3.9%). Lower than average of industry peers (4.7%). Reported Earnings • May 13
First quarter 2022 earnings released First quarter 2022 results: EPS: €1.42. Revenue: €618.3m (up 87% from 1Q 2021). Net income: €66.4m (up €76.4m from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 12% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: €6.67 (vs €2.86 loss in FY 2020) Full year 2021 results: EPS: €6.67 (up from €2.86 loss in FY 2020). Revenue: €2.29b (up 49% from FY 2020). Net income: €313.1m (up €447.2m from FY 2020). Profit margin: 14% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 14% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €2.44b (up 58% from FY 2020). Net income: €313.1m (up €447.2m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 13%, compared to a 18% growth forecast for the industry in Switzerland. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS €4.21 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €836.6m (up 81% from 3Q 2020). Net income: €197.4m (up 483% from 3Q 2020). Profit margin: 24% (up from 7.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS €1.33 (vs €2.65 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €501.2m (up 119% from 2Q 2020). Net income: €62.7m (up €187.2m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Executive Departure • Jun 19
Independent Chairman of Supervisory Board Friedrich Joussen has left the company On the 16th of June, Friedrich Joussen's tenure as Independent Chairman of Supervisory Board ended. We don't have any record of a personal shareholding under Friedrich's name. A total of 3 executives have left over the last 12 months. Executive Departure • Jun 02
CFO & Member of the Managing Bard has left the company On the 1st of June, Jorg Bremer's tenure as CFO & Member of the Managing Bard ended after 2.6 years in the role. We don't have any record of a personal shareholding under Jorg's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Mar 07
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.53b (down 54% from FY 2019). Net loss: €134.0m (down 157% from profit in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 07
Revenue beats expectations Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 33%, compared to a 164% growth forecast for the Transportation industry in Switzerland.