{"id":1298,"date":"2009-05-25T22:00:00","date_gmt":"2009-05-25T22:00:00","guid":{"rendered":"https:\/\/sixt.sites.stage.vh3-schrittweiter.de\/ir\/ad-hoc-disclosure-in-accordance-with-section-15-wphg-15\/"},"modified":"2025-10-02T08:14:25","modified_gmt":"2025-10-02T06:14:25","slug":"ad-hoc-disclosure-in-accordance-with-section-15-wphg-15","status":"publish","type":"ir","link":"https:\/\/sixt.sites.stage.vh3-schrittweiter.de\/en\/ir\/ad-hoc-disclosure-in-accordance-with-section-15-wphg-15\/","title":{"rendered":"Ad-hoc disclosure in accordance with section 15 WpHG"},"content":{"rendered":"<p class='bodytext'>(Wertpapierhandelsgesetz &ndash; German Securities Trading Act)<\/p>\n<p class='bodytext'>Sixt AG, Zugspitzstr. 1, 82049 Pullach, Germany<br \/>WKN: 723132, ISIN: DE0007231326<br \/>WKN: 723133, ISIN: DE0007231334<br \/>Frankfurter Stock Exchange, Prime Standard Segment<\/p>\n<h2>Sixt reports stable demand in Q1 2009 &ndash; earnings dominated by adjustment effects<\/p>\n<\/h2>\n<p class='bodytext'><strong>Pullach, Germany, 26 May 2009<\/strong> &ndash; Sixt AG recorded a high level of stable demand in its rental and leasing business in the first quarter of this year. Total consolidated revenue amounted to EUR 376.7 million, down 7.2% on the figure for the prior-year quarter. At EUR 176.8 million, the rental revenue generated by Germany&#8217;s largest car rental company (excluding other revenue from rental business) was on a level with the first quarter of 2008 (-0.1%). Other revenue from rental business fell by 48.8% to EUR 38.4 million. The Vehicle Rental Business Unit recorded total revenue of EUR 215.2 million (-14.6%), while the Leasing Business Unit increased its revenue by 2.9% in the first quarter of 2009 to EUR 101.8 million.<\/p>\n<p class='bodytext'>As expected and announced, the Group&#8217;s earnings were dominated by adjustments and one-time effects, primarily as a result of the reduction in the rental fleet due to the significantly weakened economy. Adjusted for these effects, earnings before taxes (EBT) were EUR -4.2 million. EBT in accordance with IFRSs amounted to EUR -34.6 million. The Group reported a loss for the quarter of EUR 26.5 million.<\/p>\n<p class='bodytext'>On the basis of the satisfactory trend in operating demand in the first quarter and the expected reduction in Sixt&#8217;s cost base from the second quarter onwards due to its smaller rental fleet, the Managing Board is continuing to forecast clearly positive EBT for full-year 2009.&nbsp;<\/p>\n<p>Contact:<br \/>Frank Elsner<br \/>Frank Elsner Kommunikation f&uuml;r Unternehmen GmbH<br \/>Tel.: ++49 &#8211; (0) 54 04 &#8211; 91 92 0<\/p>\n","protected":false},"author":1,"parent":0,"template":"","meta":{"_acf_changed":false},"ir-category":[79],"class_list":["post-1298","ir","type-ir","status-publish","hentry","ir-category-ad-hoc-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/sixt.sites.stage.vh3-schrittweiter.de\/en\/wp-json\/wp\/v2\/ir\/1298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sixt.sites.stage.vh3-schrittweiter.de\/en\/wp-json\/wp\/v2\/ir"}],"about":[{"href":"https:\/\/sixt.sites.stage.vh3-schrittweiter.de\/en\/wp-json\/wp\/v2\/types\/ir"}],"author":[{"embeddable":true,"href":"https:\/\/sixt.sites.stage.vh3-schrittweiter.de\/en\/wp-json\/wp\/v2\/users\/1"}],"wp:attachment":[{"href":"https:\/\/sixt.sites.stage.vh3-schrittweiter.de\/en\/wp-json\/wp\/v2\/media?parent=1298"}],"wp:term":[{"taxonomy":"ir-category","embeddable":true,"href":"https:\/\/sixt.sites.stage.vh3-schrittweiter.de\/en\/wp-json\/wp\/v2\/ir-category?post=1298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}