Corporate News

Feb 13, 2024

Allane Mobility Group becomes leasing partner for Kia dealers in Germany

EQS-News: Allane SE / Key word(s): Alliance/Miscellaneous
Allane Mobility Group becomes leasing partner for Kia dealers in Germany
13.02.2024 / 09:59 CET/CEST
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group becomes leasing partner for Kia dealers in Germany

Pullach, 13 February 2024 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, and Kia Deutschland GmbH ("Kia") are establishing a strategic cooperation. With the 'KIA Leasing' brand, Kia partners can now work closely with Allane as a leasing partner and offer their customers customized leasing products on site. Following an extensive pilot phase, 'KIA Leasing' is now available for almost all Kia dealers.

In close cooperation with Kia Germany, 'KIA Leasing' offers both pure vehicle leasing and a wide range of associated services. As part of the cooperation, leasing is viewed holistically and also includes the return and marketing of vehicles at the end of the leasing term. The Kia dealership generally has the option of purchasing the leased vehicles at the end of the contract term and can thus optimize its used vehicle business in a targeted manner.

Thomas Djuren, Managing Director of Kia Deutschland GmbH: "The sale of vehicles together with a leasing product offers a major advantage, particularly with regard to our electrification strategy: the customer can test the entry into electromobility. In addition, they always drive the latest generation of vehicles. Dealers benefit from young used cars and our partners and we benefit equally from greater customer loyalty.“

Eckart Klumpp, CEO of Allane SE: "The expansion of Captive Leasing with the 'KIA Leasing' brand marks another milestone in our company's long-term growth strategy. We are very pleased that we can now fully take off with the 'KIA Leasing' brand and the network of Kia partners."

The cooperation with Kia is an integral part of the company's FAST LANE 27 strategy, which focuses on customer needs and aims to find customized digital solutions. Allane already offers dealers the opportunity to conclude leasing contracts largely digitally with the “Allease” portal. In addition, service modules such as maintenance packages can be integrated into the leasing contract with a single click. This allows Kia dealers to expand their product and service portfolio in a targeted manner. With "Allease", Allane is providing Kia dealers further growth opportunities.

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About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Press Contact:
Kirchhoff Consult
[email protected]

About Kia
Kia is a global mobility brand with a vision to create sustainable mobility solutions for consumers, communities and societies worldwide. Founded in 1944, the company has been in the mobility industry for eight decades. Today, Kia has around 52,000 employees worldwide, is represented in over 190 markets, operates production facilities in six countries and sells around three million vehicles per year. Kia is a pioneer in popularizing electrified and battery-powered vehicles and developing diverse mobility services to encourage millions of people around the globe to explore the best ways to get around. The brand slogan "Movement that inspires" illustrates Kia's aim to inspire consumers through its products and services.

In the German market, where Kia started sales in 1993, the brand is represented by Kia Deutschland. The 100% Kia subsidiary based in Frankfurt am Main has more than doubled its sales since 2010. In 2023, 20.2 percent of Kia vehicles sold in Germany were already electric cars.

Also based in Frankfurt is Kia Europe, the mobility provider's European sales and marketing organization, which serves 39 markets. Every second Kia sold in Europe comes from European production: in Zilina, Slovakia, the company has been operating a state-of-the-art production facility with an annual capacity of 350,000 vehicles since 2006.

Since 2010, the brand has granted the 7-year Kia manufacturer's warranty (max. 150,000 km, in accordance with the applicable warranty conditions) for all new cars sold in Europe.



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Jan 02, 2024

Allane Mobility Group: Eckart Klumpp takes up office as CEO

EQS-News: Allane SE / Key word(s): Personnel
Allane Mobility Group: Eckart Klumpp takes up office as CEO
02.01.2024 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: Eckart Klumpp takes up office as CEO 

Pullach, 2 January 2024 – Eckart Klumpp took up his position as Chief Executive Officer (CEO) of Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, on 1 January 2024. He thus succeeds Donglim Shin, who had left the company on 31 December 2023. In order to ensure an optimal transition together with his predecessor, Eckart Klumpp had already been working in an advisory role at Allane since October 2023. He was appointed CEO by the Supervisory Board of Allane SE at the end of last year.

Jochen Klöpper, Chairman of the Supervisory Board of Allane SE: "We are delighted that we have been able to recruit Eckart Klumpp as the new CEO of Allane. With his many years of international experience in the areas of automotive financing and sales, he is the ideal candidate for this position. On behalf of the entire Supervisory Board and all Allane employees, I wish him a good start and great success in his new role."

Eckart Klumpp, CEO of Allane SE: "I am grateful for the trust placed in me and I am very much looking forward to shaping the further development of the company together with my Managing Board colleague Álvaro Hernández and the entire Allane team. Allane's great expertise, its holistic concept in terms of comprehensive mobility solutions, and its successful business model have great potential for growth. We want to expand Allane's market position and achieve sustainable growth."

Eckart Klumpp began his career in 1991 at Mercedes-Benz AG and has held various management positions at different companies in the banking and automotive industries, including DaimlerChrysler Financial Services, LLC. He was appointed Chief Commercial Officer of Hyundai Capital America in June 2020 and has significantly advanced the operating business in the areas of car leasing and financing as part of his role.

Picture material:

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About Allane Mobility Group:

Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

 

Contact:

Allane Mobility Group

Investor Relations

+49 89 7080 81 610

[email protected] 

 



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Dec 22, 2023

Allane Mobility Group strengthens role of Chief Mobility Officer – further strategic alignment between business lines and technology

EQS-News: Allane SE / Key word(s): Personnel/Miscellaneous
Allane Mobility Group strengthens role of Chief Mobility Officer – further strategic alignment between business lines and technology
22.12.2023 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group strengthens role of Chief Mobility Officer – further strategic alignment between business lines and technology

Pullach, 22 December 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, announces that the  responsibilities of the Chief Mobility Officer (CMO), Changhwan Song, have been supplemented by the product management for the Group. Mr. Song will play a key role in advancing the mobility strategy of Allane, now being responsible for the Group strategy, the new Captive Leasing business, the mobility platform and also product management. The goal of Allane is to ensure proactive reactions on rapid changes in the market environment and the implementation of the strategy as well as the strategic alignment between business lines and technology.

Mr. Song has over 19 years of experience in business consulting, project management and technology. His international career includes leadership positions at e.g. Samsung and Hyundai Capital Bank.

Donglim Shin, CEO of Allane SE: "Changhwan Song has impressive professional background. His expertise and enthusiasm for innovative mobility solutions align with our vision for sustainable transportation. In his expaneded role as CMO he will especially be leading our strategy and digitalization projects."

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About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

 

Press Contact:
Kirchhoff Consult AG
[email protected]

 

 



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Nov 21, 2023

Allane Mobility Group: autohaus24 opens strategic location in Wuppertal

EQS-News: Allane SE / Key word(s): Miscellaneous
Allane Mobility Group: autohaus24 opens strategic location in Wuppertal
21.11.2023 / 09:36 CET/CEST
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group: autohaus24 opens strategic location in Wuppertal

Pullach, 21 November 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has once again expanded its offline business and opened a new autohaus24 location in Wuppertal. The geographical location of the new point of sale in an economically strong metropolitan center enables autohaus24 to significantly expand its market presence in North Rhine-Westphalia and to exploit further market potential in the Rhine-Ruhr region as well as in the neighboring BENELUX states. The location in Wuppertal adds another strategic anchor point to the three existing branch offices in Berlin/Brandenburg, Bavaria and Hesse. The official opening of the new location took place on 18 November 2023 in the presence of the Mayor of the City of Wuppertal, Dagmar Liste-Frinker.

Werner König, Managing Director of autohaus24 GmbH: "We are very pleased about the opening of our new autohaus24 location in Wuppertal. Thanks to its strategic location in one of the most densely populated areas in Germany, we can, on the one hand, tap into new market potential – even beyond Germany. On the other hand, the large size of the new location creates the conditions for a wider range of products and consequently a significant improvement in the customer experience. This will enable us to further increase our sales figures and reduce the number of days the vehicles remain on the site."

The expansion of the autohaus24 business is part of the Allane Mobility Group's growth strategy. Among other things, the strategy envisages developing autohaus24 into a Mobility Solution Center that offers optimized products and services beyond the existing range.

The geographical location of the new autohaus24 site was chosen so that previously untapped market potential in the densely populated and economically strong Rhine-Ruhr region and neighboring countries can be exploited. For example, around 25 percent of the Allane Mobility Group's existing Online Retail Leasing customers come from within a radius of 100 kilometers. With a site area of around 13,000 square meters, which offers a parking space for around 500 vehicles, the spacious location in Wuppertal is also an ideal handover location for vehicles and should make a significant contribution to reducing process times and costs and lowering CO2 emissions by avoiding additional transport routes, e. g. for the delivery of vehicles. In this way, the Allane Mobility Group aims to optimize the customer experience and further increase customer satisfaction.

Image material (from left to right: Donglim Shin, CEO of Allane Mobility Group, Dagmar Liste-Frinker, Mayor of the City of Wuppertal, and Werner König, Managing Director of autohaus24 GmbH) of the new autohaus24 location in Wuppertal and the opening ceremony are available here. The image rights are owned by Allane SE.

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About autohaus24 GmbH:

autohaus24 GmbH, a wholly owned subsidiary of Allane SE, is the largest independent used car dealer in Germany. The vehicles are marketed at three major locations in Munich-Eching, Frankfurt-Egelsbach and Berlin-Ludwigsfelde as well as via autohaus24.de. Customers also have the option of configuring new cars on the website.

www.autohaus24.de

About Allane Mobility Group:

Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Press Contact:
Kirchhoff Consult AG
[email protected]



21.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Nov 14, 2023

Allane Mobility Group: autohaus24 reforests and plants the 11,111th tree in the autohaus24 forest


EQS-Media / 14.11.2023 / 08:53 CET/CEST

Allane Mobility Group: autohaus24 reforests and plants the 11,111th tree in the autohaus24 forest

Pullach, 14 November 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, planted the 11,111th tree in the autohaus24 forest on 11 November 2023. As part of the initiative "You buy, we plant", which the company had already launched in July 2021, Allane plants a tree in Germany for every used car sold via autohaus24 and contributes to the EU climate target through this compensation mechanism.

As a provider of comprehensive mobility solutions, the Allane Mobility Group is aware that mobility and climate protection are initially difficult to reconcile. To offset the impact of its business on the environment, the group has therefore decided to purchase an autohaus24 forest certificate for every used vehicle sold through autohaus24, which relates to five square meters of forest area covering one tree. In cooperation with Treemer, autohaus24 plants oaks, douglas firs, walnut trees, silver firs and larches, which serve to reforest mixed forests. The autohaus24 forest is located in Franconian Switzerland.

Werner König, Managing Director of autohaus24 GmbH: "With the 'You buy, we plant' initiative, we at autohaus24 want to make an active contribution to environmental protection and raise awareness for more sustainable mobility solutions. By planting trees for every used car sold, we enable our customers to actively contribute to a greener future. We are proud that, together with our customers and our partner Treema, we have already planted 11,111 trees, making a small contribution to a more sustainable future".

Trees not only absorb CO2 from the atmosphere but also provide habitats for many plants and animals. With every tree planted, autohaus24 makes an important contribution to climate protection and the preservation of rare animal and plant species in German mixed forests.

Further information on the autohaus24 forest is available here, image material can be downloaded here.

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About autohaus24 GmbH:
autohaus24 GmbH, a wholly owned subsidiary of Allane SE, is the largest independent used car dealer in Germany. The vehicles are marketed at three major locations in Munich-Eching, Frankfurt-Egelsbach and Berlin-Ludwigsfelde as well as via autohaus24.de. Customers also have the option of configuring new cars on the website.

www.autohaus24.de

 

About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

 

Press Contact:
Kirchhoff Consult AG
[email protected]



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

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Nov 09, 2023

Allane Mobility Group: Positive business development in the first nine months with strong new business in Retail Leasing

EQS-News: Allane SE / Key word(s): Quarterly / Interim Statement/9 Month figures
Allane Mobility Group: Positive business development in the first nine months with strong new business in Retail Leasing
09.11.2023 / 09:02 CET/CEST
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group: Positive business development in the first nine months with strong new business in Retail Leasing

  • Consolidated revenue increased by 1.2% to EUR 561.2 million
  • Group contract portfolio increased by 4.7%
  • Forecast for the 2023 financial year confirmed

Pullach, 9 November 2023 – Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has performed successfully in the period from January to September 2023. While consolidated operating revenue and group contract portfolio increased compared to the same period of the previous year, consolidated earnings before taxes (EBT) slightly decreased due to higher financing costs. Based on these developments, Allane confirms its forecast for the full year.

Donglim Shin, CEO of Allane SE: "In the first nine months of 2023, we succeeded in further expanding our contract portfolio and increasing our revenue. This is due in particular to the positive development of the Captive Leasing business, which supplements our Retail Leasing business field. It shows that we are on the right path to sustainable profitable growth with our newly developed dealer portal 'Allease' and the associated cooperations."

Business development in the first nine months of 2023
The Group contract portfolio in Germany and abroad (excluding franchise and cooperation partners) stood at 121,300 contracts, which is 4.7% higher than the figure as of 31 December 2022 (115,900 contracts). This positive development is primarily due to the successful cooperation with Hyundai Motor Deutschland and the roll-out of the new dealer portal "Allease."

Consolidated revenue, which includes operating revenue and sales revenue, increased by 1.2% to EUR 561.2 million in the first nine months of 2023 (9M 2022: EUR 554.6 million). Consolidated operating revenue (excluding sales revenue) increased slightly by 0.6% to EUR 293.4 million (9M 2022: EUR 291.7 million). This development is mainly due to the significant increase in the contract portfolio in the Leasing business unit and the resulting rise in lease installment income, although the decline in usage-related income, particularly for fuel, had a dampening effect. Sales revenue from the sale of lease returns and the marketing of customer vehicles from Fleet Management increased by 1.8% to EUR 267.7 million (9M 2022: EUR 263.0 million). This was mainly due to a slight increase in the volume of vehicles sold resulting from the continued high demand for used vehicles, with unit prices remaining at the previous year's level.

Consolidated earnings before before interest, taxes, depreciation and amortization (EBITDA) increased by 9.7% to EUR 152.9 million (9M 2022: EUR 139.4 million) in the first nine months of 2023. Consolidated earnings before taxes (EBT) recorded a decline of 3.9 percent to EUR 10.6 million (9M 2022: EUR 11.0 million) in the same period. This is mainly due to the increase in refinancing costs as a result of higher interest expenses.

Forecast for the 2023 financial year confirmed
Allane Mobility Group confirms its forecast published in the 2022 Annual Report. According to this, the Company expects a group contract portfolio in a range of 120,000 to 150,000 contracts (2022: 115,900 contracts) for the current 2023 financial year and a consolidated operating revenue between EUR 350 million and EUR 400 million (2022: EUR 385.4 million). Allane anticipates an EBT in the low double-digit million-euro range (2022: EUR 12.8 million).

The full quarterly statement as of 30 September 2023 is available for download on the Investor Relations website of Allane Mobility Group.

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About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected]



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Nov 07, 2023

Allane Mobility Group publishes whitepaper: 'Quo vadis corporate mobility? Four current trends on the way to the mobility transition'


EQS-Media / 07.11.2023 / 10:00 CET/CEST

PRESS RELEASE

Allane Mobility Group publishes whitepaper: "Quo vadis corporate mobility? Four current trends on the way to the mobility transition"

Pullach, 07 November 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has published a whitepaper that addresses current trends on the way to the mobility transition, including the advantages of vehicle leasing. The paper provides a comprehensive overview of the challenges fleet managers are currently facing and includes various approaches to solving them.

Ömer Köksal, Spokesman of the Managing Board of Allane Mobility Consulting GmbH: "Our goal is to contribute to a rapid and efficient mobility turnaround. With our whitepaper, we therefore provide a comprehensive insight into the possibilities for shaping the new corporate mobility. In doing so, it is important to combine the four trends sustainability, availability, flexibility and diversification as well as legal regulations in the best possible way."

The new whitepaper "Quo vadis corporate mobility? Four current trends on the way to the mobility transition" contains eight pages of background information on the current trends in corporate mobility as one of the most important industry topics.

The document is available for download here.

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About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Press Contact:
Kirchhoff Consult AG
[email protected]



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

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Sep 07, 2023

Allane Mobility Group extends range of services with return protection insurance for lessees in cooperation with ELEMENT

EQS-News: Allane SE / Key word(s): Alliance/Product Launch
Allane Mobility Group extends range of services with return protection insurance for lessees in cooperation with ELEMENT
07.09.2023 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group extends range of services with return protection insurance for lessees in cooperation with ELEMENT

Pullach, 7 September 2023 – The Allane Mobility Group (“Allane”), specialist for vehicle leasing and full-service solutions in Germany, has once again expanded its range of services and now offers private and commercial customers the "Allane Return Protection" (“Allane Rückgabeschutz”) insurance. The new offering is made in cooperation with ELEMENT Insurance AG ("ELEMENT"), Europe's only full-service B2B2X insurance platform. The Return Protection Insurance provides Allane lessees with comprehensive coverage against unexpected costs that may arise upon the return of a leased vehicle due to identified diminished value. The insurance covers a wide range of damages, including paint damage, scratches, dents, dings, interior and trunk damage, and rim damage.

Donglim Shin, CEO of Allane Mobility Group: ”With our new insurance, we enable our customers to minimize financial risks from the lease and offer them additional security and convenience. The 'Allane Return Protection' also supports our strategic goals of further expanding the modular service offering and placing greater focus on innovations and cooperations."

Tim Kaltofen, Vice President Sales at ELEMENT: "We are very pleased about the cooperation with Allane Mobility Group. ELEMENT's vision is to make the provision of insurances as easy and available as possible for our partners throughout the European Union. We are convinced that the end customers of Allane Mobility Group will benefit from the new insurance offer.“

The "Allane return protection" is effective when the lessor makes justified compensation claims resulting from reduced values due to excessive use of the vehicle. It applies to personal and commercial leases for up to ten vehicles on a mileage lease. The insurance is available for passenger cars and commercial vehicles up to 3.5 tons registered in Germany. The maximum insured value is EUR 210,000. The return protection insurance can be taken out for a maximum of one year before and eight weeks after the vehicle is handed over, with the term of the insurance contract corresponding to the term of the respective leasing contract. The compensation amounts to a maximum of EUR 3,000 net per leasing contract.

In the case of "Allane Return Protection", Allane acts as an intermediary, with the insurance contract being concluded between the lessee and ELEMENT. Through strategic partnerships and cooperations, Allane SE aims to continue expanding its product and service offering in the future in order to further strengthen its position in the leasing market.

Further informationen on the ”Allane Return Protection“ are available here.

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About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

 

Press Contact:
Kirchhoff Consult AG
[email protected]

 

About ELEMENT:
ELEMENT Insurance AG is the leader in the seamless delivery of insurance for its partners in Europe. The 100% cloud based InsurTech is licensed by the Federal Financial Supervisory Authority (BaFin) as a primary insurer for property and casualty insurance, while being able to operate as a risk carrier in all EU countries. As a digital icompany, ELEMENT can create innovative insurance solutions quickly, flexibly, reliably and efficiently along the entire B2B2X value chain in the European market. The combination of insurance and technology expertise makes ELEMENT a pioneer of digitization in the insurance industry.

https://www.element.in/

 

Press Contact:
Ana Feijoo (Head of Marketing & Communications)
[email protected]

                   



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Aug 29, 2023

DIGITAL MOBILITY BUDGET: CIRCULA AND ALLANE LAUNCH COOPERATION

EQS-News: Allane SE / Key word(s): Alliance/Miscellaneous
DIGITAL MOBILITY BUDGET: CIRCULA AND ALLANE LAUNCH COOPERATION
29.08.2023 / 10:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

Press release

DIGITAL MOBILITY BUDGET: CIRCULA AND ALLANE LAUNCH COOPERATION

Allane Mobility Group is entering into a partnership with software-as-a-service fintech Circula. The aim is to offer joint customers maximum flexibility in terms of mobility.

Pullach/Berlin,
29 August 2023 The Allane Mobility Group (“Allane“; formerly Sixt Leasing), specialist for vehicle leasing and full-service solutions in Germany, launches a partnership with Berlin-based fintech company Circula. With Circula's "Mobility as a Service" offering, Allane is now offering its fleet customers solutions for digital mobility budgets that their employees can adapt to their individual needs: From private cars to bicycles and trains, all means of transportation can be used. Billing is done very simply via the Circula app.

Ömer Köksal, Managing director of Allane Mobility Consulting GmbH: “A broad and sustainable mobility offering is becoming increasingly important for both employees and employers. As a strategic partner for mobility, we are pleased to expand our product and service offering with one of the best digital mobility budget solutions available on the market. In doing so, we are once again improving the customer experience.“

Juliette Kronauer, Head of Partnerships at Circula: “We have high standards for user-friendly digital solutions – just like the Allane Mobility Group. That makes us perfect partners. We are very much looking forward to working together and offering our joint customers new opportunities in the field of mobility.“

Billing via app: convenient and tax-compliant
The Circula app is intuitively designed and therefore very user-friendly: receipts for mobility costs - regardless of the form of mobility used - can be submitted in seconds via OCR scan or PDF parsing; the costs are then reimbursed. Each company can decide for itself whether the offer is tax-free for employees or partially taxed at a flat rate. Circula checks the submitted receipts, calculates the reimbursement and creates the files required for the monthly payroll in compliance with German tax law. For employees and their employers, this process is convenient and time-saving.

Image material (Image rights: © Unsplash / Getty Images) is available for download here.

▬▬ 

About Circula
Circula is a software-as-a-service fintech based in Berlin that offers companies a comprehensive employee spend management platform that, for the first time, combines fully digital accounting of employee expenses, travel expenses, employee benefits, and an intelligent company credit card in one product. The Circula software is optimized for seamless embedding in existing financial and payroll processes as well as tech stacks. Circula's 1,500 customers (as of August 2023) include DATEV, ABOUT YOU, Ebner Stolz, DFL, McMakler, Urban Sports Club, Infarm and Orthomol.

Website: https://www.circula.com/en

Press Contacts:
Circula

Anna Lischke
Corporate Communications
[email protected]

Maisberger GmbH
Marion Köhler / Maria Zettl
Phone: +49 (0)89 419599 - 31 / -72
[email protected]


About Allane Mobility Group
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Press Contact:
Kirchhoff Consult AG
[email protected]



29.08.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Aug 24, 2023

Allane Mobility Group: Positive business development in the first half of 2023 driven by the roll-out of the new dealer portal 'Allease'

EQS-News: Allane SE / Key word(s): Quarterly / Interim Statement/Quarter Results
Allane Mobility Group: Positive business development in the first half of 2023 driven by the roll-out of the new dealer portal 'Allease'
24.08.2023 / 09:10 CET/CEST
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group: Positive business development in the first half of 2023 driven by the roll-out of the new dealer portal "Allease"

  • Consolidated revenue increased by 1.8 percent to EUR 377.8 million
  • Group contract portfolio slightly above the previous year's level
  • Forecast for the 2023 financial year confirmed

Pullach, 24 August 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has performed in line with expectations in the first half of 2023. Both the consolidated operating revenue and the group contract portfolio have increased slightly compared to the previous year, while earnings before taxes (EBT) remained stable. Based on these developments, Allane confirms its full-year guidance.

Donglim Shin, CEO of Allane SE: "The positive development of consolidated revenue and contract portfolio in the first half of 2023 is mainly attributed to our new business field Captive Leasing and the successful roll-out of the newly developed dealer portal 'Allease'. We are confident that we will increase the number of contracts in the current financial year,  especially through the planned strategic expansion of this business pillar, and achieve sustainable profitable growth."

Business development in the first half of 2023
The Group contract portfolio in Germany and abroad (excluding franchise and cooperation partners) stood at 116,400 contracts, which is 0.5 percent higher than the figure as of December 31, 2022 (115,900 contracts). This was primarily due to the successful cooperation with Hyundai Motor Germany and the roll-out of the new dealer portal "Allease".

Consolidated revenue, which includes operating revenue and sales revenue, increased by 1.8 percent in the first half of 2023, reaching EUR 377.8 million (H1 2022: EUR 371.2 million). However, the consolidated operating revenue (excluding sales revenue) decreased slightly by 0.7 percent to EUR 192.0 million (H1 2022: EUR 193.3 million). This development was influenced by expiring customer contracts in the Fleet Management business unit. Sales revenue from the sale of lease returns and the marketing of customer vehicles from Fleet Management increased by 4.5 percent to EUR 185.8 million (H1 2022: EUR 177.9 million). With a constant sales volume, the unit prices of the vehicles sold increased due to continued high demand for used cars.

The earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 6.1 percent to EUR 98.5 million in the first half of 2023 (H1 2022: EUR 92.9 million). However, the earnings before taxes (EBT) remained stable at EUR 6.9 million (H1 2022: EUR 6.9 million). EBT was particularly affected by higher refinancing costs due to rising interest rates.

Forecast for the 2023 financial year confirmed
Allane Mobility Group confirms its forecast published in the 2022 annual report. According to this, the Company expects a group contract portfolio in a range of 120,000 to 150,000 contracts for the current 2023 financial year (2022: 115,900 contracts) and a consolidated operating revenue between EUR 350 million and EUR 400 million (2022: EUR 385.4 million). Allane anticipates an EBT in the low double-digit million-euro range (2022: EUR 12.8 million).

The full half-year financial report as of 30 June 2023, is available for download on the Investor Relations website of Allane Mobility Group.

---

About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en
 

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610

[email protected] 



24.08.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Jul 13, 2023

Allane Mobility Group receives certification 'VMF – DIE FAIRE FAHRZEUGBEWERTUNG' and strengthens its position in the leasing market 


EQS-Media / 13.07.2023 / 09:57 CET/CEST

PRESS RELEASE

Allane Mobility Group receives certification "VMF – DIE FAIRE FAHRZEUGBEWERTUNG" and strengthens its position in the leasing market 

Pullach, 13 July 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has received the certification "VMF – DIE FAIRE FAHRZEUGBEWERTUNG" ("VMF Certification"). It confirms that Allane applies the criteria for "Fair Vehicle Valuation" according to the association of brand-independent mobility and fleet management companies (“Verband markenunabhängiger Mobilitäts- und Fuhrparkmanagementgesellschaften e. V.”; “VMF”). Thus, Allane Mobility Group relies on a transparent and fair procedure in the vehicle return process. The certification was preceded by a comprehensive review of defined criteria. It applies to all Allane brands and is valid for one year. Allane plans to have the certification renewed regularly on the basis of follow-up audits.

The VMF certification not only confirms Allane Mobility Group's expertise and competence, but also its reputation as a trustworthy leasing company. At the same time, the certification strengthens the company's position in the competitive environment and opens up various new opportunities, such as participation in tenders in the fleet sector.

Donglim Shin, CEO of Allane Mobility Group: "We are very proud of the VMF certification. In line with our strategy, we can once again position ourselves in the market as a competent and customer-friendly leasing provider. In addition, the certification is a promise to our customers that they will receive fair and transparent leasing services from us."

For the certification, Allane had undergone a thorough audit by the independent DEKRA Assurance Services GmbH. As part of the audit, Allane Mobility Group's return processes were checked at various stations – including the preparation of condition reports in the presence of customers and the subsequent contract billing. The final audit report confirms the high quality and professionalism of all Allane Mobility Group's return and billing processes.

At Allane, the return of leased vehicles is carried out according to defined standards. To ensure maximum transparency and neutrality, the condition of the vehicle is assessed by a vehicle expert at the time of return. Based on the condition survey including photo documentation, this expert prepares an appraisal of the vehicle's reduced value. Damage is not calculated on the basis of the respective repair costs but only on the basis of the significantly lower reduced value, if calculated on a pro rata basis according to the assessment criteria, i.e. the amount by which the sales value of the vehicle is reduced due to the damage. At the same time, the age and mileage of the vehicle are always taken into account. Before parts are replaced, the appraiser always checks the possibility of a repair.

The VMF acts as an advisor and impulse provider for its members and premium partners in the area of OEM-independent mobility concepts for private and corporate customers. By developing and adopting uniform quality standards for the industry, the VMF ensures fair and transparent cooperation for customers of VMF members.

---

About Allane Mobility Group:

Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Press Contact:

Kirchhoff Consult AG
[email protected]



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

13.07.2023 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
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Jul 03, 2023

Allane Mobility Group successfully holds virtual Annual General Meeting 2023

EQS-News: Allane SE / Key word(s): AGM/EGM/Miscellaneous
Allane Mobility Group successfully holds virtual Annual General Meeting 2023
03.07.2023 / 09:05 CET/CEST
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group successfully holds virtual Annual General Meeting 2023

  • Dividend increase to 0.09 euros per share approved
  • Ross Williams and Keunbae Hong newly elected to the Supervisory Board by the Annual General Meeting
  • Managing Board and Supervisory Board discharged for the 2022 financial year

Pullach, 03 July 2023 – The Allane Mobility Group (“Allane“), specialist for vehicle leasing and full-service solutions in Germany, successfully held its 2023 virtual Annual General Meeting on 30 June 2023. Shareholders approved the resolutions proposed by the Managing Board and Supervisory Board with a large majority. A total of around 95,67 percent of the voting share capital was represented at the Annual General Meeting.

In his speech, Donglim Shin, CEO of Allane SE, looked back on a successful 2022 financial year in which earnings before taxes (EBT) more than doubled on stable consolidated operating sales. "With our new strategy 'FAST LANE 27' we are on the right track and can resume our profitable growth path. A year ago, I presented the individual thrusts of our strategy – innovations, collaborations and internationalization – to our shareholders for the first time. Behind this is a comprehensive action plan, the implementation of which we have already proceeded as planned over the past few months. In particular, we have made significant progress in establishing our new Captive Leasing business pillar. The first positive effects are already reflected in the figures for the first quarter of 2023," emphasized Donglim Shin.

Resolutions of the Annual General Meeting 2023

The shareholders approved the resolution on the appropriation of profits by the Managing Board and Supervisory Board. Accordingly, Allane SE will distribute a dividend of 0.09 euros per share for the 2022 financial year, which is three eurocents higher than in the previous year. This brings the payout ratio measured against consolidated net income for the 2022 financial year to around 21 percent.

After the previous members of the Supervisory Board Su Ho Kim (with effect from 13 April 2023) and Hyung Seok Lee (with effect from the end of this year's Annual General Meeting) had resigned their mandates, a corresponding by-election was held for the vacant positions on the Supervisory Board. The Annual General Meeting elected Ross Williams and Keunbae Hong as new members of the Supervisory Board – in each case for the period until the end of the Annual General Meeting which resolves on the ratification of the actions of the Supervisory Board member for the 2023 financial year.

Other resolutions adopted at the Annual General Meeting included the approval of the actions of the Managing Board and Supervisory Board for the 2023 financial year, the approval of the remuneration report, the approval of a control and profit and loss transfer agreement between Allane SE and One Mobility Management GmbH, and various amendments to the Articles of Association. With the resolved amendments to the Articles of Association, it will be possible to hold virtual Annual General Meetings in accordance with the new stock corporation law regime after the expiry of the transitional provision set out in the law.

The represented shareholders elected PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, Munich, as auditor for the 2023 financial year and as auditor for a review or audit of financial reports or financial information during the year.

The detailed voting results are available on the website of Allane SE at https://ir.allane-mobility-group.com/websites/allane/English/3600/annual-general-meeting-2023.html.

---

About Allane Mobility Group:

Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Contact:

Allane Mobility Group
Investor Relations
+49 89 7080 81 610

[email protected] 



03.07.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Jun 01, 2023

Allane Mobility Group cooperates with ryd: Faster and cheaper refueling at over 3,500 partner gas stations in Germany


EQS-Media / 01.06.2023 / 09:25 CET/CEST

PRESS RELEASE

Allane Mobility Group cooperates with ryd: Faster and cheaper refueling at over 3,500 partner gas stations in Germany

Pullach, 01 June 2023 – The Allane Mobility Group („Allane“), specialist for vehicle leasing and full-service solutions in Germany, has entered into a cooperation* with the mobile payment provider ryd GmbH ("ryd"). Sixt Neuwagen customers can now pay for fuel at more than 3,500 petrol stations in Germany via the ryd app and receive a 2 cent discount per litre of fuel filled up during the first six months after delivery of their new vehicle. The offer applies to all new customers who conclude a leasing or vario-leasing contract for a vehicle with a diesel or petrol engine. ryd makes the refuelling process considerably easier and shorter: ryd users can pay for the fuel they have filled up directly in the app from their car without having to enter the gas station. The ryd network includes petrol stations throughout Germany, including those of Aral, HEM, Sprint and Allguth. The offer period ends on 30 June 2024.

Philipp Schwenke, Managing Director Online Retail at Allane Mobility Group: “We are continuously working on improving the customer experience and are particularly pleased about the cooperation with ryd. The collaboration once again makes mobility more digital and easier for our customers. New customers who pay via ryd pay benefit twice: they save time as well as money.“

The payment process with ryd pay is not only fast and convenient, but also secure according to banking standards thanks to security and encryption mechanisms. ryd pay users can use the service free of charge at all over 3,500 partner petrol stations in Germany.

Further information on the Sixt Leasing offer is available here. Image material is available here.

* The campaign is organised by ryd GmbH (Landsberger Str. 94, 80339 Munich) and Allane SE (Dr.-Carl-von-Linde-Str. 2, 82049 Pullach).

Allane customers who receive an individual ryd registration code from Allane during the campaign period (01.06.2023 - 30.06.2024) and have registered with ryd are eligible to participate. Among other things, a payment method must also be deposited in order to complete registration. Customers can deposit Apple Pay, Google Pay and credit cards (Mastercard and VISA). The registration code will be sent by Allane by e-mail at the earliest two weeks before delivery of the leased vehicle ordered.

Eligible customers will receive a special discount on every litre of fuel (excluding hydrogen, LNG, AdBlue, hybrid vehicles) refuelled via the ryd app in the ryd pay network for a maximum of 6 months from registration with ryd. Registration must be completed by 30.06.2024 at the latest. This special discount is 0.02 EUR/litre (gross). The discount is active immediately after registration and is stored in the account invisibly for the customer. It is immediately offset against ryd during the next refuelling process and can be seen on the fuel bill. At the end of the customer's leasing contract with Allane, the entitlement to the special discount expires at the same time.

The fuel discount is to be used exclusively for refuelling the leased vehicle for which the customers have concluded a contract with Allane.

The use of the fuel discount is based on the mileage of the concluded leasing or vario leasing contract and the average consumption of the leased vehicle. If the discount is used in a way that exceeds the predicted average consumption according to the manufacturer's specifications by 20% or more, Allane and ryd reserve the right to block the discount code.

Exchanges, transfers or cash refunds are excluded. The fuel discount cannot be combined with other promotions, fuel discounts or vouchers. If there are several vouchers, the one that expires first will always be redeemed first.

Eligible customers will be shown an additional step in the payment flow of the ryd app to enter the vehicle's mileage there before the payment process. This step is optional and can also be skipped without entry.

The person responsible at ryd within the meaning of the General Data Protection Regulation is:

ryd GmbH
Landsbergerstrasse 94
80339 Munich
Telephone: +49 89 120 89343
E-mail: [email protected]

You can reach the data protection officer of ryd under:

ryd GmbH
- Data Protection Officer -
Landsbergerstrasse 94
80339 Munich
E-mail: [email protected]

Further information can be found at https://www.ryd.one/de/dataprotection-ryd-app/

The kilometre readings provided (based on the pseudonymised and individual registration code) are regularly transmitted to Allane. Allane SE uses this data to assess the willingness of customers to make use of the offer as well as for the purpose of any promotional approach about possibly useful services, depending on the kilometres driven. The data protection officer of Allane SE can be contacted at [email protected]. The consent to the transmission of the mileage can be revoked at any time. Further information can be found in the data protection information of Allane SE at www.sixt-neuwagen.de/datenschutz .

Participation only from the age of 18. German law applies exclusively. Mobile services (cellular) are required on the smartphone for the payment process.

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About Allane Mobility Group:

Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Press Contact:

Kirchhoff Consult AG
[email protected]


About ryd

ryd is a Europe-wide operating FinTech company in the field of mobile payment with a focus on ryd pay. With ryd you pay at the gas station via app or in the infotainment system from your car. Fast, convenient and secure. ryd is a digital ecosystem. In addition to the ryd app, ryd is available via partner integrations for third-party providers, including for example providers of navigation systems or smartphone apps as well as car manufacturers. Already today, ryd is the largest European B2C network for digital fueling.

Financial and strategic support for ryd is provided by AXA, bp, Mastercard and Mercedes-Benz, among others, international global corporations from ryd's business units: Mobility, Finance, Energy Networks and Insurance.

Founded in Munich in 2014, ryd is continuously growing and is already active in Germany, Austria, Switzerland, Belgium, the Netherlands, Luxembourg, Portugal and Denmark and is continuously rolling out to other European countries.

https://ryd.one/de/press/

Press Contact:

Engel International Communications GmbH
Andreas Engel
Knesebeckstr. 55
D-10719 Berlin                 



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

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May 11, 2023

Allane Mobility Group: Positive development in consolidated operating revenue and earnings in the first quarter of 2023

EQS-News: Allane SE / Key word(s): Quarterly / Interim Statement/Quarter Results
Allane Mobility Group: Positive development in consolidated operating revenue and earnings in the first quarter of 2023
11.05.2023 / 09:24 CET/CEST
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group: Positive development in consolidated operating revenue and earnings in the first quarter of 2023

  • Group operating revenue increased to EUR 96.6 million
  • Consolidated earnings before taxes (EBT) increased slightly to EUR 4.44 million
  • Group contract portfolio slightly down
  • Forecast for the 2023 financial year confirmed

Pullach, 11 May 2023 – The Allane Mobility Group (“Allane“), specialist for vehicle leasing and full-service solutions in Germany, today published its quarterly statement for the first three months of the 2023 financial year. Accordingly, both consolidated operating revenue and earnings before taxes (EBT) increased compared to the same period last year, while the Group's contract portfolio showed a slight decrease. Overall, the Company developed in line with expectations. For the full year 2023, Allane expects an increase in the Group contract portfolio.

Donglim Shin, CEO of Allane SE: “The first quarter has shown that our growth strategy 'FAST LANE 27' is already making an impact and is having a positive effect on the development of our consolidated operating revenue. We are confident that we will also be able to expand our contract portfolio in the current financial year – in particular through our Captive Leasing business pillar, which we have only just begun to build up in 2022."

Business development in the first quarter of 2023
The Group contract portfolio in Germany and abroad (excluding franchise and cooperation partners) amounted to 114,400 contracts, 1.3 percent below the figure as of 31 December 2022 (115,900 contracts).

Consolidated revenue, which includes operating sales and sales revenue, decreased by 0.6 percent in the first quarter of 2023, falling slightly to EUR 188.6 million (Q1 2022: EUR 189.8 million). By contrast, consolidated operating revenue (excluding sales revenue) increased slightly by 0.8 percent to EUR 96.6 million (Q1 2022: EUR 95.8 million). This was due to the increase in usage-related revenues, such as fuel revenues and revenues from individual service products, which had still been impacted by COVID-19 measures in the prior-year quarter. Sales revenue from the sale of lease returns and the marketing of customer vehicles from Fleet Management decreased by 2.1 percent and thus slightly to EUR 92.0 million (Q1 2022: EUR 94.0 million). This development results in particular from the decline in sales volume due to a reduced remarketing portfolio following a low contract portfolio and a higher number of contract prolongations.

Earnings before interest, taxes, depreciation and amortization (EBITDA) improved by 5.5 percent to EUR 50.2 million in the first quarter of 2023 (Q1 2022: EUR 47.6 million). Earnings before taxes (EBT) increased by 0.5 percent to EUR 4.44 million (Q1 2022: EUR 4.42 million), resulting from a decrease in expenses for fleet and leased assets. This positive effect was countered by the increase in depreciation on leased assets and the increase in refinancing costs due to higher interest expenses. As a result, the operating return on revenue (EBT/Consolidated revenue) remained stable at 4.6 percent (Q1 2022: at 4.6 percent).

Outlook for the 2023 financial year confirmed
The Allane Mobility Group confirms its forecast published in the 2022 Annual Report. According to this, Allane Mobility Group expects its Group contract portfolio for the current 2023 financial year to be in a range of 120,000 to 150,000 contracts (2022: 115,860 contracts) and consolidated operating revenue to be between EUR 350 million and EUR 400 million (2022: EUR 385.4 million). For EBT, the company expects a low double-digit million-euro amount (2022: EUR 12.8 million).

The full quarterly statement as of 31 March 2023 is available for download on the Allane Mobility Group Investor Relations website.

---

About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected] 



11.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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May 03, 2023

Allane Mobility Group and EnBW launch cooperation: over 400,000 charging points for e-vehicles at attractive conditions


EQS-Media / 03.05.2023 / 09:07 CET/CEST

PRESS RELEASE

Allane Mobility Group and EnBW launch cooperation: over 400,000 charging points for e-vehicles at attractive conditions

Pullach, 03 Mai 2023 – The Allane Mobility Group („Allane“), specialist for vehicle leasing and full-service solutions in Germany, has entered into a cooperation with the energy company EnBW Energie Baden-Württemberg AG ("EnBW"). Subject of the cooperation is the extension of services for Sixt Neuwagen customers who conclude a leasing or vario-leasing contract for an e-vehicle. As part of the cooperation, they receive a free EnBW mobility+ charging card and can use the EnBW mobility+ charging tariff M for six months without a basic fee. The package thus includes access to the EnBW HyperNetz with more than 400,000 charging points in 17 European countries, which also includes the charging points of hundreds of other operators. Throughout these locations, Sixt Neuwagen customers can charge at any time at uniform and transparent prices per kilowatt hour.

Philipp Schwenke, Managing Director Online Retail Allane Mobility Group: “We are very pleased to be working with EnBW, which is in line with our growth strategy. In this way, we offer our customers attractive additional services that make mobility easier, while at the same time creating an incentive to switch to environmentally friendly e-mobility. This supports our goal of further increasing the share of e-vehicles in our contract portfolio.“

In addition to its offering for car drivers, EnBW itself operates the largest fast-charging network in Germany. It is continuing to expand its fast-charging infrastructure of the highest performance class throughout the country on highways, in city centers and at various retail partners. The energy company operates all fast-charging sites with 100 percent green electricity.

Use of the voucher in the EnBW mobility+ app
At the start of a leasing or vario-leasing contract with Sixt Neuwagen, eligible e-vehicle customers will receive a voucher for six months' basic charge at €5.99 each when booking the EnBW mobility+ charging tariff M in the free EnBW mobility+ app. The total value is thus around €36. The tariff can be cancelled or changed on a monthly basis.

Further information on the multiple award-winning EnBW mobility+ app and the EnBW mobility+ charging rates can be found here.

---

About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

 
Press Contact:
Kirchhoff Consult AG
[email protected]

Electric mobility at EnBW
EnBW Energie Baden-Württemberg AG is one of the largest energy supply companies in Germany and Europe, and supplies electricity, gas, water and energy-related products and services to around 5.5 million customers with a workforce of around 27,000 employees. In recent years, it has grown to become one of the market leaders and a full service provider in electric mobility. EnBW and its subsidiaries cover the full value chain from green power generation to the development, expansion and operation of charging infrastructure, plus digital solutions for consumers. Netze BW, an independent EnBW subsidiary, looks after the secure operation of distribution grids. As one of the German market leaders for home battery storage and photovoltaic systems, EnBW also --combines solar, battery storage and electricity cloud solutions with electric mobility solutions to create a complete energy ecosystem for customers.

Press Contact:
Heiko Willrett
Press spokesman
Sales & E-Mobility
Phone: +49 711 289-88232
[email protected]



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

03.05.2023 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
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Apr 28, 2023

Allane Mobility Group publishes Annual Report 2022 and expects contract portfolio to increase in 2023

EQS-News: Allane SE / Key word(s): Annual Report/Annual Results
Allane Mobility Group publishes Annual Report 2022 and expects contract portfolio to increase in 2023
28.04.2023 / 13:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group publishes Annual Report 2022 and expects contract portfolio to increase in 2023

Pullach, 28 April 2023
– The Allane Mobility Group („Allane“), specialist for vehicle leasing and full-service solutions in Germany, today published its Annual Report 2022. According to the report, business development in 2022 was in line with the preliminary figures published in March. Earnings before taxes (EBT) more than doubled on stable consolidated operating revenue. For the current 2023 financial year, Allane expects an increase in the Group contract portfolio to up to 150,000 contracts, consolidated operating revenue of between EUR 350 million and EUR 400 million, and EBT in the low double-digit million-euro range.

Business development 2022
Overall, the Group contract portfolio in Germany and abroad (excluding franchise and cooperation partners) was 10.1 percent down on the prior-year figure at 115,900 contracts. Consolidated revenue, which includes operating sales and sales revenue, decreased by 3.2 percent to EUR 717 million in the 2022 financial year. By contrast, consolidated operating revenue (excluding sales revenue) remained largely stable at EUR 385.4 million. Sales revenue from the sale of lease returns and the marketing of customer vehicles from Fleet Management fell by 6.4 percent to EUR 331.6 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased slightly by 0.6 percent to EUR 185.1 million in the reporting year. Earnings before taxes (EBT) improved significantly by 109.0 percent to EUR 12.8 million.

Dividend proposal
For the 2022 financial year, the Managing Board of Allane SE plans to propose a dividend distribution of EUR 0.09 per share to the Annual General Meeting on June 30, 2023. This dividend proposal represents an increase compared to the previous year (2021: EUR 0.06) and would result in a payout ratio of around 21 percent of consolidated net income for the 2022 financial year. The proposed appropriation of profits is subject to the approval of the Supervisory Board and will be published with the agenda for the 2023 Annual General Meeting.

Outlook
According to its forecast published in the Annual Report 2022, Allane Mobility Group expects its Group contract portfolio for the current 2023 financial year to be in a range of 120,000 to 150,000 contracts (2022: 115,860 contracts) and consolidated operating revenue to be between EUR 350 million and EUR 400 million (2022: EUR 385.4 million). For EBT, the company expects a low double-digit million-euro amount (2022: EUR 12.8 million).

The full forecast for the 2023 financial year is included in Allane Mobility Group's Annual Report 2022, which is available on the Company's website.

---

About Allane Mobility Group:
Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

https://allane-mobility-group.com/en

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected] 



28.04.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Apr 05, 2023

sixt-neuwagen.de offers immediate payment of the GHG bonus


EQS-Media / 05.04.2023 / 10:04 CET/CEST

sixt-neuwagen.de offers immediate payment of the GHG bonus

Pullach, April 5, 2023
- The Allane Mobility Group (formerly Sixt Leasing), specialist for vehicle leasing and full-service solutions in Germany, now offers the immediate payout of the GHG bonus to all electric car owners. The guaranteed payout amount is 225 euros and is reimbursed within 5 business days after successful submission of the required documentation. This amount is significantly higher than the offers for immediate payout of the GHG bonus currently available on the market. Alternatively, owners of e-vehicles can opt for the GHG bonus payout around 3 months later. With this payout option, the guaranteed payout amount is 275 euros.

Philipp Schwenke, Managing Director Online Retail at Allane Mobility Group: "The GHG bonus applies per vehicle and per year. This means that e-vehicle owners can reapply for the bonus every year. With our new offer with immediate payment, we are thus offering them more flexibility."

Five steps to the application
The bonus application process on sixt-neuwagen.de is simple and consists of four steps:

  1. Selection between private and commercial customer
  2. Entering the first and last name, e-mail address and a password
  3. Upload the front of the registration certificate part 1 (+ ID for immediate payment).
  4. Choose between immediate or delayed payment
  5. Entering the account details for the payment of the GHG bonus

Mode of action of the GHG quota
The GHG quota is a grant from the Federal Environment Agency for CO2 emissions saved. The aim of the quota is to promote the switch to climate-friendly drive systems. Savings can be quantified by means of the GHG quota calculation and certified by the Federal Environment Agency (German: “Umweltbundesamt”). The resulting certificates are then sold to mineral oil companies and other companies subject to quotas, which are legally obliged to save greenhouse gases and reduce their CO2 emissions.

More information on the GHG bonus and the application process is available here.

---

About Sixt Neuwagen:
Sixt Neuwagen is a brand of the Allane Mobility Group (formerly Sixt Leasing Group) and offers private and commercial customers (with up to 20 vehicles) the opportunity to configure the latest models from around 35 car manufacturers, request an individual leasing offer and order online at sixt-neuwagen.de. In addition, customers can choose from a large number of immediately available stock cars. Customers are to benefit from the expertise and economies of scale of the Allane Mobility Group in vehicle purchasing in the form of attractive rates.

Customers can individually adjust the equipment, term and mileage of their desired vehicle as well as the amount of the down payment on sixt-neuwagen.de. They also have the option of choosing between classic kilometre leasing and Vario financing. Compared to classic kilometre leasing, the latter offers, for example, the option to buy the vehicle at the end of the term at a guaranteed price. In addition, customers can optionally book services that go with their vehicle, such as complete winter wheels, a maintenance & wear package, doorstep delivery or an insurance package, at favourable rates.

www.sixt-neuwagen.de

 

About Allane Mobility Group:
Allane Mobility Group based in Pullach near Munich is a specialist for vehicle leasing and full-service solutions in Germany. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

 

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected]

 



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

05.04.2023 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
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Mar 29, 2023

Allane Mobility Group introduces new brand names as part of rebranding process

EQS-News: Allane SE / Key word(s): Miscellaneous
Allane Mobility Group introduces new brand names as part of rebranding process
29.03.2023 / 09:06 CET/CEST
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group introduces new brand names as part of rebranding process

Pullach, March 29, 2023 – The Allane Mobility Group (formerly Sixt Leasing), a specialist for vehicle leasing and full-service solutions in Germany, introduces a new brand identity in its fleet business. As of April 2023, fleet leasing will be managed under the brand "Allane Fleet" (previously "Sixt Leasing") and fleet management under the brand "Allane Mobility Consulting" (previously "Sixt Mobility Consulting"), including a new corporate identity. This measure is part of the comprehensive rebranding process started in 2022 at the level of the Allane Mobility Group.

Donglim Shin, CEO of Allane SE: "As announced, we are now establishing the Allane brand in our business fields and thus standardizing our market presence. The renaming will take place gradually. For the fleet business, we plan to complete the rebranding process by the end of the current financial year."

Until all relevant platforms and systems have been converted, the previous brand names "Sixt Leasing" and "Sixt Mobility Consulting" will still be visible in certain places.

In addition, the B2C brands "Sixt Neuwagen" and "autohaus24" will be expanded to include the addition "powered by Allane" from April 2023.

The rebranding transfers the name change of the Allane Mobility Group, which took place in the 2021 financial year, into the Company's brand identity. The name "Allane" is inspired by the traffic sign "All Lanes". It stands for the Company's comprehensive one-stop-shop approach and is also intended to strengthen its perception as an international provider. At the same time, the word "Allane" resembles a first name, which makes the Company human and approachable.

The logos of the brands "Allane Fleet" and "Allane Mobility Consulting" are available for download here.

---

About Allane Mobility Group:
Allane Mobility Group based in Pullach near Munich is a specialist for vehicle leasing and full-service solutions in Germany. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com


Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected]

 



29.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Mar 23, 2023

Allane Mobility Group significantly increases earnings in 2022 while consolidated operating revenue remains stable

EQS-News: Allane SE / Key word(s): Preliminary Results
Allane Mobility Group significantly increases earnings in 2022 while consolidated operating revenue remains stable
23.03.2023 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group significantly increases earnings in 2022 while consolidated operating revenue remains stable

  • Consolidated operating revenue of EUR 385.4 million at the level of the prior year
  • Earnings before taxes increase by 109.0 percent to EUR 12.8 million
  • Group contract portfolio decreases 10.1 percent to 115,900 contracts
  • Successful launch of the FAST LANE 27 strategy

Pullach, March 23, 2023 – The Allane Mobility Group (formerly Sixt Leasing), specialist for vehicle leasing and full-service solutions in Germany, significantly improved its earnings in the 2022 financial year in a challenging market environment. According to preliminary calculations, earnings before taxes (EBT) more than doubled in the 2022 financial year while consolidated operating revenue remained stable. Business performance was negatively impacted in particular by the continuing supply bottlenecks for new vehicles and the resulting decline in the contract portfolio. This was accompanied by the macroeconomic impact of the Russia-Ukraine war.

Donglim Shin, CEO of Allane SE: "The 2022 financial year was again challenging for us. Nevertheless, we succeeded in keeping our consolidated operating revenue stable and significantly improving our earnings. We presented our new growth strategy and have already successfully implemented the first measures. With our in-house developed 'Allease' dealer platform, we have laid an important foundation for future growth. In the 2022 financial year, for example, we have already secured numerous new contracts through our cooperation with Hyundai. In the new financial year, we want to grow in all business areas, in other words on 'all lanes'."

Business development
In the Retail Leasing business field, the contract portfolio as of December 31, 2022 was down 3.5 percent year-on-year to 35,300 contracts. In the Fleet Leasing business field, the number of contracts was slightly above the previous year's level at 33,600, an increase of 0.8 percent. In the Fleet Management business unit, the number of contracts fell by 20.3 percent to 47,000. Overall, the Group contract portfolio in Germany and abroad (excluding franchise and cooperation partners) was down 10.1 percent on the prior-year figure at 115,900 contracts.

According to preliminary calculations, consolidated operating revenue (excluding sales revenue) was in line with the previous year at EUR 385.4 million. Sales revenue from the sale of lease returns and the marketing of customer vehicles from Fleet Management fell by 6.4 percent to EUR 331.6 million. Despite continued high demand and rising unit prices for used vehicles, this development resulted mainly from a decline in sales volumes, which in turn was due to a lower contract portfolio and a higher number of contract prolongations in the Leasing business unit. Consolidated revenue, which includes consolidated operating revenue and sales revenue, therefore fell slightly by 3.2 percent to EUR 717.0 million.

Earnings before interest, taxes, depreciation and amortization (EBITDA) increased slightly by 0.6 percent to EUR 185.1 million in the 2022 financial year. Earnings before taxes (EBT) improved significantly by 109.0 percent to EUR 12.8 million. This was mainly due to lower depreciation and amortization and a significant improvement in the financial result.

Implementation of the new growth strategy FAST LANE 27
In the 2022 financial year, Allane Mobility Group presented its new growth strategy FAST LANE 27. The focus of the strategy, which is to be implemented by 2027, is on the strategic development of the business model. FAST LANE 27 includes a comprehensive package of measures aimed at getting Allane back on the growth track to become the leading multi-brand provider of comprehensive mobility solutions in Europe in the long term. The new strategy also anchors the goal of becoming more sustainable by further increasing the proportion of alternative drives in Allane's fleet and promoting green mobility solutions.

In the 2022 financial year, Allane Mobility Group introduced two new business pillars – On-Site Retail and Captive Leasing – as part of its strategy implementation. While On-Site Retail includes the business of autohaus24, the core of the Captive Leasing business pillar consists of the “Allease” dealer portal newly developed by Allane. In this context, Allane has already launched a cooperation with Hyundai Motor Germany. Under the "HYUNDAI Leasing" brand, the 490 German Hyundai dealerships can work with Allane as a leasing partner and offer their customers attractive leasing rates directly on site.

The final and audited figures for the 2022 financial year and an outlook for the 2023 financial year will be announced by Allane Mobility Group with the publication of the Annual Report 2022 on April 28, 2023.

---

About Allane Mobility Group:

Allane Mobility Group based in Pullach near Munich is a specialist for vehicle leasing and full-service solutions in Germany. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In the 2022 financial year, the Group generated consolidated revenue of around EUR 717 million.

With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected]



23.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Feb 02, 2023

Mer and Allane expand collaboration to promote electromobility: Smart charging solution for company car users


EQS-Media / 02.02.2023 / 09:55 CET/CEST

Mer and Allane expand collaboration to promote electromobility: Smart charging solution for company car users

A new partnership between Mer Solutions and the Allane Mobility Group combines expertise in charging solutions, fleet management and leasing

Munich, February 2, 2023 – Mer Solutions, specialist for holistic charging solutions in the operation of electrified company cars, cooperates with the Allane Mobility Group ("Allane"; formerly Sixt Leasing) and supports the group of companies as a competent partner in the field of electromobility. Thus, the two companies are making the holistic charging solution "eeFlat" available to Allane Mobility Group customers with immediate effect. In this way, Allane customers will in future benefit from Mer's expertise in the areas of charging solutions for company locations, public charging of e-vehicles, and the creation of an all-round package for e-service vehicle drivers.

With "eeFlat," Mer offers e-car drivers an integrated charging solution that enables charging both at the company site and from home. "eeFlat" includes the installation of a wallbox in the private garage of the company car drivers as well as the complete service and maintenance. Through the additional integration of a smart meter gateway, intelligent control of the charging process can also be achieved, so that the electricity only flows when the network has a low load and the electricity consumption allows it – e.g. at night. In addition, users receive a charging card that allows them to charge their electric vehicle not only at home and at the company site, but also at over 200,000 charging points across Europe. Mer obtains all the energy required for the charging process from certified green electricity.

"We are pleased to expand our cooperation with Allane in the form of another innovative mobility project and thus continue to support company car drivers in taking the step into electromobility," says Stefan Schneider, Corporate Partner Manager at Mer. "The expertise of the Allane Mobility Group in fleet management and our know-how in the field of charging solutions for the electric corporate fleet complement each other perfectly. This means that in the future, customers will receive a comprehensive overall offering in the field of electromobility services."

"In order to further improve our customers' experience, we want to offer the best possible advice at all times – especially in the area of electromobility, which is becoming increasingly important," explains Matthias Birkle, Senior Key Account Manager at Allane Mobility Group. "We are therefore delighted to be working closely with Mer and creating sustainable added value for our customers based on the combined expertise."

With this cooperation, the Allane Mobility Group is further expanding its collaboration with the Munich-based charging infrastructure specialist Mer Solutions. The two companies had already previously implemented various projects with the aim of building charging infrastructure. The cooperation, which started in December 2022, aims to offer new and existing customers an individual, flexible and sustainable charging infrastructure.

----

About Mer
Today, companies are faced with the challenge of realizing the energy and transport turnaround. Mer's vision is that customers everywhere can charge their electric vehicles with 100 percent green electricity. In this way, companies reduce their ecological footprint and convert their vehicle fleet to electrified drives individually and cost-efficiently. As a leading provider of charging solutions, Mer provides not only fleet customers but also end consumers with the complete charging infrastructure for operating electric and hybrid vehicles. With a public charging network of more than 20,000 charging stations operated by Mer and access to a total of over 200,000 charging points in Europe, both corporate and private customers can rely on Mer. Services include planning, hardware, installation, and operation of the charging stations, as well as the provision of services via own apps and portals - and all this with the backing of Statkraft, the largest producer of renewable energy in Europe. This is how Mer is going down the path of true mobility and energy transition.

Further information at de.mer.eco


About Allane Mobility Group
Allane Mobility Group based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com


Contacts MER:
Sandra Geisser
Berkeley Communication Ltd.
[email protected] 

 

Michael Scherer
Manager Public Relations and Cooperations
Mer Solutions Ltd.
Tel.: + 49 160 916 103 71
[email protected]


Contact Allane Mobility Group:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected]

 



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

02.02.2023 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
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Feb 01, 2023

Allane Mobility Group: Leasing cooperation with Hyundai Motor Germany

EQS-News: Allane SE / Key word(s): Alliance/Miscellaneous
Allane Mobility Group: Leasing cooperation with Hyundai Motor Germany
01.02.2023 / 09:51 CET/CEST
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: Leasing cooperation with Hyundai Motor Germany
 

Pullach, 01 February 2023 – The Allane Mobility Group (formerly Sixt Leasing), specialist for vehicle leasing and full-service solutions in Germany, has entered into a cooperation with Hyundai Motor Germany ("Hyundai"). Under the "HYUNDAI Leasing" brand, the 490 German Hyundai dealerships can now work with Allane as a leasing partner and offer their customers attractive leasing rates directly on site via a dealer portal newly developed by Allane. Following an extensive test phase with selected dealers, almost all German Hyundai dealers have now started working with Allane.

The leasing process and all other services are handled by the Allane Mobility Group in close cooperation with the dealer. In addition, Hyundai dealers have the option of acquiring the vehicles themselves at the end of the lease term and offering them as attractive and certified used cars under the “Hyundai Promise” program or leaving the marketing of the returned vehicles to Allane.

Not only the participating Hyundai dealers benefit from the cooperation, but also their customers: The close cooperation between Hyundai and Allane, a subsidiary of Hyundai Capital Bank Europe GmbH, enables customized leasing offers for Hyundai vehicles at attractive rates.

Donglim Shin, CEO of Allane SE: "We are pleased to now offer our full-service leasing offers directly to dealers under the “HYUNDAI Leasing” brand. This allows us to increase our customer base and at the same time further expand our contract portfolio. In the future, Hyundai customers will thus also be able to benefit from our comprehensive service at authorized local dealers, which includes attractive offers as well as smooth processing of services over the entire term of a leasing contract."

As part of the cooperation, Allane and Hyundai have developed a new dealer portal called "Allease". Based on an intensive exchange with the dealers, Allane is further expanding the IT system to continuously optimize its quality.

---

About Allane Mobility Group:
Allane Mobility Group based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected]

 

 



01.02.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Jan 25, 2023

Allane Mobility Consulting cooperates with ADAC and expands service offering for fleet customers: Convenient application for the GHG bonus for e-vehicles


EQS-Media / 25.01.2023 / 10:44 CET/CEST

Allane Mobility Consulting cooperates with ADAC and expands service offering for fleet customers: Convenient application for the GHG bonus for e-vehicles

Pullach, 25 January 2023
– Die Allane Mobility Group (ehemals Sixt Leasing), 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 now offering its fleet customers the opportunity to apply for the greenhouse gas reduction bonus (GHG bonus) for e-vehicles with a service fee through Allane Mobility Consulting. The service package includes the application and sale of the GHG quota and is implemented in cooperation with ADAC. For the year 2022, Allane Mobility Consulting guarantees a minimum premium of 350 euros per certificate. Customers who are already ADAC members will receive a premium of 370 euros. All owners of a purely battery-powered electric vehicle are eligible to receive the GHG bonus. It is still possible to apply for the GHG quota for 2022 until 31 January 2023.

Ömer Köksal, Spokesperson for the Management of Allane Mobility Consulting: „The GHG bonus is an excellent instrument for promoting electromobility and saving CO2 emissions at the same time. To simplify the process, we offer our customers an efficient service package. This way, fleet customers benefit from the attractive bonus and fleet managers can concentrate on their core business without having to deal with time-consuming application process.“

Two steps to the application
The bonus application process on the Allane website is designed to be simple and consists of two steps for fleet customers:

  1. Submission of the registration certificate part 1
  2. Signing of the GHG sales contract incl. provision of the account data for the premium payment.

All further process steps are handled by Allane Mobility Consulting.

Mode of operation of the GHG quota
The GHG quota is a subsidy from the Federal Environment Agency for CO2 emissions saved. The aim of the quota is above all to promote the switch to climate-friendly drive trains. Savings can be quantified using the GHG quota calculation and certified by the Federal Environment Agency. The resulting certificates are then sold to petroleum companies and other companies subject to quotas, which are legally obligated to save greenhouse gases and reduce their CO2 emissions.

Already since 2022, the Allane Mobility Group offers all owners of electric vehicles to apply for the GHG quota via sixt-neuwagen.de.

More information about the GHG premium and how to apply via Allane Mobility Consulting is available here.

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About Allane Mobility Consulting GmbH:
Allane Mobility Consulting GmbH, a wholly owned subsidiary of Allane SE, is one of the leading specialists for independent fleet and mobility management with proven expertise in the management of medium-sized and larger corporate fleets.

With its brands Sixt Mobility Consulting and Flottenmeister, Allane Mobility Consulting advises corporate customers on the efficient management of their fleets and provides all services for cars and vans. The focus is on optimising costs and promoting customer satisfaction through innovative digital solutions that are also geared to the mobility needs of employees.

www.mobility-consulting.com

 

About Allane Mobility Group:
Allane Mobility Group based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com


Press Contact:
Kirchhoff Consult
[email protected]



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

25.01.2023 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
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Dec 14, 2022

Allane Mobility Group: Short-term leasing as a favorable alternative to car subscription – VW T-Cross for commercial customers incl. insurance now also available with twelve-month term


EQS-Media / 14.12.2022 / 08:55 CET/CEST

Allane Mobility Group: Short-term leasing as a favorable alternative to car subscription – VW T-Cross for commercial customers incl. insurance now also available with twelve-month term
 

Pullach, 14 December 2022 – The Allane Mobility Group (“Allane”), 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 now offering commercial customers the VW T-Cross on a short-term lease including car insurance. The vehicle is available on sixt-neuwagen.de for a term of twelve months with a mileage from 10,000 km in various versions from 479 euros. During the period, commercial customers can optionally extend the lease term for the VW T-Cross by twelve additional months, further reducing the monthly rate. The short-term leasing offer is initially valid until December 31, 2022.

Philipp Schwenke, Managing Director Online Retail at Allane Mobility Group: “Our new short-term leasing promotion closes the gap between traditional vehicle leasing and car subscription. For the first time, commercial customers have the option of leasing a special offer vehicle including vehicle insurance with a shortened term as an attractive price bundle, with an optional extension. In this way, we are responding to our customers' desire for greater flexibility and convenience and offering commercial customers a low-cost alternative to a car subscription.“

The VW T-Cross is available in the 1.0 TSI OPF 81 kW Life model variant with DSG transmission and 110 hp. Customers can choose between the color variants Deep Black Pearl and Smokey Grey Metallic. Further information on the vehicle on offer and the leasing conditions is available at sixt-neuwagen.de.

PNG-Downloads (Credits: Allane Mobility Group):
Banner for commercial customer offer "Short-term leasing”

---

About Allane Mobility Group:
Allane Mobility Group based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected]

 



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

14.12.2022 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com



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Nov 21, 2022

Black Leasing Friday at Sixt Neuwagen: Take advantage of the special offer on e.g. the VW Golf and pick it up immediately


EQS-Media / 21.11.2022 / 09:34 CET/CEST

Black Leasing Friday at Sixt Neuwagen: Take advantage of the special offer on e.g. the VW Golf and pick it up immediately
 

Pullach, 21 November 2022 – The Allane Mobility Group (“Allane”), 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, once again takes part in the bargain day of the year, offering popular new vehicles at particularly attractive rates as part of its "Black Leasing Friday" special promotion. Commercial customers can get up to 12 percent off selected vehicle models at www.sixt-neuwagen.de/black-leasing-friday-gewerbe. Private customers can even look forward to a discount of up to 13 percent on the regular price at www.sixt-neuwagen.de/black-leasing-friday.* This year's highlight is the VW Golf special offer model. The new vehicle is available for pick-up with exclusive features. For the first time, Allane is also offering commercial customers electric vehicles from Tesla and Polestar at reduced rates during this year's Black Leasing Friday.

Philipp Schwenke, Managing Director Online Retail at Allane Mobility Group: “The ongoing supply chain problems and the resulting long waiting times for new vehicles continue to be a test of patience for customers. That is why we have come up with something very special for this year's Black Leasing Friday: Not only are we offering our customers selected vehicles at attractive rates, but we also have the customer favorite VW Golf on hand, a vehicle that can be picked up immediately. It is worth being quick, as the availability of the promotional vehicles is limited.“

Private customers receive special discounts on the following models**:

Manufacturer Model Rate Comment
Renault Clio from EUR 109 Order vehicle
Hyundai i-20 from EUR 135 Order vehicle
Dacia Spring from EUR 159 Order vehicle
Skoda Kamiq from EUR 159 Order vehicle
VW T-Cross from EUR 179 Promptly available
VW Taigo from EUR 185 Promptly available
VW Golf from EUR 199 Ready for pick-up
VW T-Roc from EUR 199 Order vehicle
MINI Cooper from EUR 239 Order vehicle
Ford Kuga PHEV from EUR 325 Order vehicle



Commercial customers receive special discounts on the following models**:

Manufacturer Model Rate Comment
Renault Clio from EUR 89 Order vehicle
Hyundai i-20 from EUR 109 Order vehicle
Dacia Spring from EUR 119 Order vehicle
Skoda Kamiq from EUR 129 Order vehicle
VW Taigo from EUR 159 Promptly available
VW T-Cross from EUR 159 Promptly available
VW T-Roc from EUR 165 Order vehicle
VW Golf from EUR 169 Ready for pick-up
MINI Cooper from EUR 199 Order vehicle
Ford Kuga PHEV from EUR 259 Order vehicle
Polestar 2 from EUR 438 Promptly available
Tesla Model Y Long Range from EUR 469 Promptly available
Tesla Model Y Performance from EUR 539 Promptly available
Porsche Macan from EUR 694 Order vehicle



Customers can add complete winter wheels or other suitable services such as the carefree package "Maintenance & Wear and Tear”, vehicle insurance or doorstep delivery to all the vehicles on offer at a favorable price.

PNG-Downloads (Credits: Allane Mobility Group):

* Percentage savings calculation is based on adjusted interest rate compared to calendar week 43 terms for all models at a lease term of 48 months and mileage of 10,000 km/year. Changes to the base conditions automatically result in modified discounts. Prices are subject to change without notice.

** Configurable vehicles (except VW T-Cross, VW Taigo, VW Golf, Polestar 2 and Tesla Model Y: stock vehicles available at short notice) with Vario financing contract without down payment and with final payment for a term of 48 months and a mileage of 10,000 km/year - excluding transfer, extras and insurance. Term, mileage and extras can be freely selected. For further details on financing, such as net loan amount, APR and borrowing rate, please refer to the information on the websites www.sixt-neuwagen.de/black-leasing-friday and www.sixt-neuwagen.de/black-leasing-friday-gewerbe.
 
---

About Allane Mobility Group:
Allane Mobility Group based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com


Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610
[email protected]

 



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

21.11.2022 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Archive at www.eqs-news.com



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Nov 09, 2022

Allane Mobility Group: Significant improvement in earnings in the first nine months of 2022

EQS-News: Allane SE / Key word(s): Quarterly / Interim Statement/Quarter Results
Allane Mobility Group: Significant improvement in earnings in the first nine months of 2022
09.11.2022 / 08:32 CET/CEST
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: Significant improvement in earnings in the first nine months of 2022

  • Group’s contract portfolio at 118,200 as of reporting date
  • Consolidated revenue down slightly to EUR 554.6 million
  • Earnings before taxes (EBT) increase significantly to EUR 11.0 million
  • Implementation of new "FAST LANE 27" growth strategy

Pullach, 09 November 2022 – The Allane Mobility Group (“Allane”), 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, recorded a slight decrease in consolidated revenue and a significant increase in earnings before taxes (EBT) in the first nine months of 2022. The Group's contract portfolio decreased compared with the prior-year figure and amounted to 118,200 contracts as of September 30, 2022.

Donglim Shin, CEO of Allane SE: “Although our contract portfolio declined further in the third quarter, we are benefiting from the positive development in the used car market thanks to our diversified business model. As a result, we significantly increased our earnings in the first nine months. We expect that demand and price levels in the used car market will remain high until the end of the year and that we will remain able to sell lease returns at high margins.“

Business performance
The Allane Mobility Group's business performance in the first nine months of 2022 was impacted by the continuing supply bottlenecks for new vehicles and the associated decline in contracts. In addition, the overall economic situation continues to be negatively impacted by the current Russia-Ukraine war. The Group’s contract portfolio in Germany and abroad (excluding franchise and cooperation partners) amounted to 118,200 contracts as of 30 September 2022, down 8.2 per cent on the prior-year figure (31 December 2021: 128,800 contracts). The contract portfolio in the Retail Leasing business field (Online Retail and Captive Leasing) decreased by 4.9 per cent to 34,700 contracts in the period from the end of December 2021 to the end of September 2022 (31 December 2021: 36,500 contracts), while it remained at the prior-year level in the Fleet Leasing business field at 33,200 contracts (31 December 2021: 33,300 contracts). In the Fleet Management business unit, the contract portfolio fell to 50,300 contracts, a decrease of 14.7 per cent year-on-year (31 December 2021: 59,000 contracts).

Consolidated revenue in the first nine months of 2022 fell slightly by 2.0 per cent to EUR 554.6 million (9M 2021: EUR 565.8 million) compared to the same period of the previous year. This development is mainly due to the supply bottlenecks for new cars and the resulting decline in contracts. Consolidated operating revenue, which does not include revenue from vehicle sales, increased by 0.1 per cent to 291.7 million euros (9M 2021: 291.5 million euros) and thus remained at the level of the previous year. Sales revenue from the sale of lease returns and the marketing of customer vehicles from fleet management decreased by 4.2 per cent to 263.0 million euros (9M 2021: 274.4 million euros). This development mainly results from a decline in sales volume despite continuing high demand and rising unit prices for used cars.

Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) decreased by 2.1 per cent to EUR 139.4 million in the first nine months of 2022 (9M 2021: EUR 142.3 million). By contrast, earnings before taxes (EBT) increased significantly by 137.3 per cent to EUR 11.0 million (9M 2021: EUR 4.6 million). The operating return on revenue (EBT/consolidated operating revenue) therefore also improved significantly to 3.8 per cent (9M 2021: 1.6 per cent). The increased EBT in the first three quarters is mainly due to the high price level on the used car market and the resulting high margin on the sale of lease returns, lower depreciation on leased assets and an improvement in the financial result.

Consistent implementation of the new "FAST LANE 27" growth strategy
The Allane Mobility Group had presented its new growth strategy "FAST LANE 27" at this year's Annual General Meeting. The focus of "FAST LANE 27" is on the strategic further development of the business model. In this context, the Allane Mobility Group is further expanding its offering in the existing business areas and placing greater emphasis on innovation and cooperation. Another important component of "FAST LANE 27" is the goal of becoming more sustainable. The first "FAST LANE 27" measures were already implemented in the third quarter. For example, the Allane Mobility Group expanded its offering in the third quarter of 2022 to include trade-ins for used vehicles. Customers as well as non-customers thus have the option of either selling their old vehicle to Allane or trading it in when ordering a new vehicle. In addition, since the third quarter of 2022, the Allane Mobility Group has enabled all owners of electric cars to apply for the greenhouse gas reduction premium (GHG premium) via the sixt-neuwagen.de platform and guarantees a minimum premium of 365 euros per certificate for the year 2022.

Outlook
The Allane Mobility Group adjusted the forecast for the financial year on 2 November 2022. Accordingly, for the current 2022 financial year, the Company continues to expect a consolidated contract portfolio in a range of 110,000 to 130,000 contracts (2021: 128,800 contracts) and consolidated operating revenue of between EUR 350.0 million and EUR 400.0 million (2021: EUR 386.0 million). Based on the business development in the first nine months of 2022, the Management Board of Allane SE now expects that the Company will achieve a Group-EBT of between EUR 11 million and EUR 15 million in the current 2022 financial year. The main reasons for the raise of the EBT forecast are the high demand and the corresponding high price level on the used vehicle market, and the resulting still high margin of Allane SE on the sale of lease returns.

The full quarterly statement as of 30 September 2022 is available for download on the Allane Mobility Group Investor Relations website.

---

About Allane Mobility Group:
Allane Mobility Group based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

 

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 81 610

[email protected]

 



09.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com



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Sep 12, 2022

Allane Mobility Group continues to expand its offering: Complete winter wheels now available as individual product


DGAP-Media / 12.09.2022 / 09:00 CET/CEST

Allane Mobility Group continues to expand its offering: Complete winter wheels now available as individual product

Pullach, 12 September 2022 – The Allane Mobility Group (formerly Sixt Leasing), 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 expanding its range of products and services and now also offers complete winter wheels as an individual product. Thus, both customers and non-customers can now purchase complete winter wheels via sixt-neuwagen.de and autohaus24 and receive wheel fitting and initial storage of the summer wheels free of charge. With this new offer, the Allane Mobility Group is simultaneously expanding the collaboration with its long-standing cooperation partner ATU, who orders and delivers the complete winter wheels. Already before, customers of sixt-neuwagen.de had the possibility to purchase complete winter wheels when concluding a leasing contract. However, the offer was only valid at the time of concluding the contract and thus exclusively for Sixt Neuwagen customers.

Donglim Shin, CEO of Allane SE: "We are pleased that with the winter complete wheels as an individual product, we can not only increase the flexibility of Sixt Neuwagen customers, but also appeal to all vehicle owners who are looking for affordable winter complete wheels. In addition, we are now also offering our inspection package to a wider customer base, further improving the customer experience."

Expansion of the offering through cooperation with ATU
Customers of the Allane Mobility Group have the option of taking advantage of an inspection package. The package includes, among other things, a 10 percent discount card, applicable to the purchase of all services and selected products from ATU.* This offer was previously already available to Sixt Neuwagen customers and now also applies to autohaus24 customers. The Allane Mobility Group and ATU have been working together since 2009.

Further information on the complete winter wheel offer is available here.

*The discount card is applicable for the purchase of goods and services, including promotions and inserts. Only items and services that continue to be non-discountable are excluded, such as the main inspection, third-party purchases, all services paid for by insurance, vouchers, value cheques, aluminium rims from third-party manufacturers (except Aluett and Europe), deposits and used parts, rental cars, special orders, etc.

---

About Allane Mobility Group:
Allane SE based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of around EUR 742 million according to preliminary calculations.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Press Contact:
Kirchhoff Consult
[email protected]



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

12.09.2022 CET/CEST Dissemination of a Press Release, 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.
Archive at www.dgap.de



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Aug 24, 2022

​​​​​​​Allane Mobility Group publishes Half-Year Financial Report 2022

DGAP-News: Allane SE / Key word(s): Half Year Results/Half Year Report
​​​​​​​Allane Mobility Group publishes Half-Year Financial Report 2022
24.08.2022 / 08:33 CET/CEST
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group publishes Half-Year Financial Report 2022

  • Consolidated revenue rose by 1.1 per cent to EUR 371.2 million
  • Earnings before taxes (EBT) increased significantly by 161.9 per cent to EUR 6.9 million
  • Presentation of the new "FAST LANE 27" growth strategy
  • Adjusted forecast for the 2022 financial year confirmed

Pullach, 24 August 2022 – The Allane Mobility Group (formerly Sixt Leasing), 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 recorded a slight increase in consolidated revenue and a significant increase in earnings before taxes (EBT) in the first half of 2022.

Profitable growth through „FAST LANE 27“
In order to meet changing customer needs and to sustain profitable growth, the Allane Mobility Group has realigned its strategy and presented it at this year's Annual General Meeting. The focus of "FAST LANE 27" is on the strategic development of the business model. Among other things, the established three business pillars are to be expanded with Captive Leasing as the fourth and On-Site-Retail as the fifth pillar.

Moreover, the Allane Mobility Group intends to further expand its offering in the existing business areas by taking into account trends such as Car-as-a-Service, used car leasing, electromobility as well as modular services in the area of Corporate Mobility. At the same time, innovation and cooperations are also to be given greater focus. Another important component of "FAST LANE 27" is the goal of becoming more sustainable. For this purpose, the Company is further increasing the share of alternative drive systems in its fleet and promoting green mobility solutions.

Donglim Shin, CEO of Allane SE: “Against the backdrop of the extremely challenging market environment, I am pleased with the increase in revenue and earnings in the first half of 2022. With our new strategic alignment, we want to grow profitably in the long term and, above all, expand our contract portfolio again. To achieve this, we will offer additional products and services on the one hand and expand our business model on the other. With 'FAST LANE 27', we have laid the foundation to take advantage of growth opportunities and to become the leading cross-brand provider of comprehensive mobility solutions in Europe in the long term.“

Business performance
The Allane Mobility Group's business performance in the first half of the year continued to be impacted by the ongoing COVID-19 pandemic and new car supply constraints resulting from the semiconductor shortage.

The contract portfolio in the Online Retail business field decreased by 3.5 per cent to 35,300 contracts (31 December 2021: 36,500 contracts) in the period from the end of December 2021 to the end of June 2022, while in the Fleet Leasing business field it decreased by 1.7 per cent to 32,700 contracts (31 December 2021: 33,300 contracts). In the Fleet Management business unit, the contract portfolio fell to 51,000 contracts, representing a decline of 13.5 per cent compared to the previous year (31 December 2021: 59,000). Overall, the Group’s contract portfolio in Germany and abroad (excluding franchise and cooperation partners) amounted to 119,000 contracts as of 30 June 2022, down 7.6 per cent compared to the previous year’s figure (31 December 2021: 128,800 contracts).

In the first half of 2022, consolidated revenue increased by 1.1 per cent to EUR 371.2 million (H1 2021: EUR 367.3 million) compared to the same period of the previous year. This development is mainly due to an increase in sales revenue as a result of continued high demand for used cars. Consolidated operating revenue, which does not include revenue from vehicle sales, fell by 0.4 per cent to EUR 193.3 million (H1 2021: EUR 194.2 million). The decline resulted in particular from the ongoing COVID-19 pandemic as well as the supply bottlenecks for new cars and the associated contract declines. Sales revenue from the sale of lease returns and the marketing of customer vehicles from Fleet Management increased by 2.8 per cent to EUR 177.9 million (H1 2021: EUR 173.1 million). The main reason for this was the further increase in unit prices as a result of the continuing high demand for used cars.

Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) fell by 3.0 per cent to EUR 92.9 million in the first half of 2022 (H1 2021: EUR 95.7 million). In contrast, earnings before taxes (EBT) increased significantly by 161.9 per cent to EUR 6.9 million (H1 2021: EUR 2.6 million). The operating return on revenue (EBT/consolidated operating revenue) therefore also improved substantially to 3.6 per cent (H1 2021: 1.4 per cent). The increase in EBT in the first half of the year is due in particular to lower depreciation on lease assets and an improvement in the financial result.

Outlook
The Allane Mobility Group confirms the forecast adjusted on 28 July 2022. According to this, the Company expects a Group contract portfolio in a range of 110,000 to 130,000 contracts (2021: 128,800 contracts) and a 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.

The full half-year financial report as at 30 June 2022 is available for download on the Allane Mobility Group Investor Relations website.

---

About Allane Mobility Group:

Allane Mobility Group based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com


Contact:

Allane Mobility Group
Investor Relations
+49 89 7080 610
[email protected]



24.08.2022 CET/CEST 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.
Archive at www.dgap.de



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Jul 25, 2022

sixt-neuwagen.de expands service offering to include used vehicles purchase


DGAP-Media / 25.07.2022 / 10:14

sixt-neuwagen.de expands service offering to include used vehicles purchase

Pullach, 25 July 2022 – The Allane Mobility Group (formerly Sixt Leasing), 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 now offering the trade-in of used vehicles via Sixt Neuwagen. Interested parties can either sell their old vehicle to Sixt Neuwagen or trade it in when ordering a new vehicle. The transaction is carried out via autohaus24, with the purchase price being determined within a maximum of 48 hours*.

Donglim Shin, CEO of Allane SE: "Everyone can benefit from our offer to purchase used vehicles. The process is simple, so that our customers can quickly receive the purchase price for their old vehicle or optionally trade it in for a new vehicle. At the same time, we are expanding the used car fleet of autohaus24 and can also offer our customers a more comprehensive range in this respect. "

Purchase price determination in a few steps
The price determination for the purchase of the used vehicle is simply designed and takes place in four steps:

  1. Request by mail
  2. Filling out the used car purchase form
  3. Sending documents (copies of vehicle registration and title) and pictures of the vehicle to [email protected]
  4. Feedback from autohaus24

After a successful enquiry by the customer, autohaus24 calculates the possible purchase price.

Further information on the trade-in of Sixt Neuwagen and autohaus24 is available here.

*The price determined within this period is only valid if all damages have been truthfully reported by the customer. If further damage or a higher damage value is determined during the vehicle appraisal carried out by autohaus24, the purchase price can subsequently be reduced. The purchase price finally determined by autohaus24 is valid for a period of four weeks and subject to reservation.

---

About Allane Mobility Group:
Allane SE based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of around EUR 742 million according to preliminary calculations.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com
 

Press Contact:
Kirchhoff Consult
[email protected]



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

25.07.2022 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Jul 06, 2022

sixt-neuwagen.de guarantees GHG bonus for electric cars of at least 365 euros for 2022


DGAP-Media / 06.07.2022 / 11:32

sixt-neuwagen.de guarantees GHG bonus for electric cars of at least 365 euros for 2022
 

Pullach, 06 July 2022 – The Allane Mobility Group (formerly Sixt Leasing), 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, now enables all owners of electric cars to apply for the greenhouse gas reduction bonus (GHG bonus; German: “THG-Prämie”) via the sixt-neuwagen.de platform. In this way, both customers and non-customers can have the GHG quota certified and sold for their vehicle. For the year 2022, Sixt Neuwagen guarantees a minimum bonus of 365 euros per certificate. This amount includes an exclusive additional bonus of 15 euros, which Sixt Neuwagen pays out to all new applicants. All owners of a purely battery-powered electric vehicle are eligible to receive the GHG bonus. Thus, the quota can be applied for already purchased, financed and leased electric vehicles. The certification and sale of the GHG quota is implemented by Sixt Neuwagen in cooperation with the company "Elektrovorteil".

Donglim Shin, CEO of Allane SE: "The GHG bonus is an effective tool to promote electromobility and save CO2 emissions. We want to contribute to this and are offering the application process as well as an additional incentive bonus of 15 euros. In this way, not only the environment benefits from the bonus – the owners of e-vehicles also have an advantage from it."

Four steps to the application

The bonus application process on sixt-neuwagen.de is simple and consists of four steps:

  1. Selection between private and commercial customer
  2. Entering the first and last name, the E-mail address and a password
  3. Upload the registration certificate part 1
  4. Entering the account details for the payment of the GHG bonus

Mode of operation of the GHG quota
The GHG quota is a grant from the Federal Environment Agency for CO2 emissions saved. The aim of the quota is to promote the switch to climate-friendly drive systems. Savings can be quantified by means of the GHG quota calculation and certified by the Federal Environment Agency (German: “Umweltbundesamt”). The resulting certificates are then sold to mineral oil companies and other companies subject to quotas, which are legally obliged to save greenhouse gases and reduce their CO2 emissions.

More information on the GHG bonus and the application process is available here.

---

About Sixt Neuwagen:

Sixt Neuwagen is a brand of the Allane Mobility Group (formerly Sixt Leasing Group) and offers private and commercial customers (with up to 20 vehicles) the opportunity to configure the latest models from around 35 car manufacturers, request an individual leasing offer and order online at sixt-neuwagen.de. In addition, customers can choose from a large number of immediately available stock cars. Customers are to benefit from the expertise and economies of scale of the Allane Mobility Group in vehicle purchasing in the form of attractive rates.

Customers can individually adjust the equipment, term and mileage of their desired vehicle as well as the amount of the down payment on sixt-neuwagen.de. They also have the option of choosing between classic kilometre leasing and Vario financing. Compared to classic kilometre leasing, the latter offers, for example, the option to buy the vehicle at the end of the term at a guaranteed price. In addition, customers can optionally book services that go with their vehicle, such as complete winter wheels, a maintenance & wear package, doorstep delivery or an insurance package, at favourable rates.

www.sixt-neuwagen.de

About Allane Mobility Group:

Allane SE based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of around EUR 742 million according to preliminary calculations.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Press Contact:

Kirchhoff Consult
[email protected]

 



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

06.07.2022 Dissemination of a Press Release, 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.
Archive at www.dgap.de



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Jul 01, 2022

Allane Mobility Group presents new growth strategy 'FAST LANE 27' at the Annual General Meeting

DGAP-News: Allane SE / Key word(s): AGM/EGM/Miscellaneous
Allane Mobility Group presents new growth strategy 'FAST LANE 27' at the Annual General Meeting
01.07.2022 / 12:10
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Allane Mobility Group presents new growth strategy "FAST LANE 27" at the Annual General Meeting

  • Expansion of the product range: e.g. Car-as-a-Service, Used Car Leasing and Corporate Mobility
  • Expansion of the business model by two pillars: Captive Leasing and On-Site-Retail
  • Growth through innovation, cooperation and internationalization
  • Increasing the share of alternative drive systems in the fleet
  • Annual General Meeting 2022 adopts all agenda items

Pullach, 01 July 2022 – The Allane Mobility Group (formerly Sixt Leasing), 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, presented its new strategy "FAST LANE 27" at this year’s Annual General Meeting. The overriding goal of the new strategic direction is to meet changing customer needs and return to profitable growth. The AGM approved all items on the agenda with a large majority.

Donglim Shin, CEO of Allane SE: "With 'FAST LANE 27' we want to generate additional added value for our customers, partners, employees, and investors and take advantage of further growth opportunities. Therefore, we have put together a comprehensive package of measures that includes new offers and services as well as the expansion of our business model. With this, we are convinced that we are laying the foundation for sustainable growth.”

Back on the fast track with "FAST LANE 27”
The new strategic direction of the Allane Mobility Group lays the foundation for becoming the leading mulit-brand provider of comprehensive mobility solutions in Europe in the long term. The focus of "FAST LANE 27" is on the strategic realignment of the business model. Among other things, the established three business pillars with Captive Leasing and On-Site Retail are to be expanded by a fourth and a fifth pillar. Captive Leasing is currently in the pilot phase. At its core is a leasing portal developed by Allane Mobility Group that allows manufacturers to market their vehicles to customers through their own dealer network. Since the third quarter of 2021, Allane Mobility Group has been testing the portal with Hyundai and Kia, which will also open up new expansion opportunities in foreign markets such as the Netherlands, Spain or Italy in the medium term. In the longer term, the company does not rule out further cooperations with other manufacturers. For On-Site Retail (autohaus24), the fifth business pillar, the Allane Mobility Group plans to further develop what is currently the largest independent used car dealer in Germany into a comprehensive mobility hub for car-related products and services. In addition to buying a car, customers will also be able to have used cars reconditioned, trade in vehicles or take out suitable insurance policies.

In addition, the Allane Mobility Group intends to further expand its offering in the existing business areas of Online Retail, Fleet Leasing and Fleet Management by taking into account trends such as car-as-a-service, used car leasing, electric mobility and modular services in the area of corporate mobility. At the same time, innovation and cooperations are also to be given greater focus.

Another important component of "FAST LANE 27" is the goal of becoming more sustainable, with Allane Mobility Group further increasing the share of alternative drive systems in its fleet and promoting green mobility solutions.

Resolutions of the 2022 Annual General Meeting
The shareholders approved all items on the agenda of this year's Annual General Meeting of Allane SE – including the changes to the Supervisory Board. Mr Norbert van den Eijnden was elected as a member of the Supervisory Board for the remainder of the current term of office of the Supervisory Board. As Ms Hyunjoo Kim and Mr Chi Whan Yoon had both resigned from their positions as previous members of the Supervisory Board with effect from the end of 31 May 2022, supplementary elections were held at this year's Annual General Meeting for two additional seats on the Supervisory Board. 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.

All information on the Annual General Meeting 2022 and the corresponding voting results are available on the Allane Mobility Group Website.

---

About Allane Mobility Group:

Allane Mobility Group based in Pullach near Munich is 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. 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com


Contact:

Allane Mobility Group
Investor Relations
+49 89 7080 610

[email protected]



01.07.2022 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.
Archive at www.dgap.de



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Jun 15, 2022

'Sparadies' on sixt-neuwagen.de: Attractive special discounts on selected vehicles


DGAP-Media / 15.06.2022 / 10:55

"Sparadies" on sixt-neuwagen.de: Attractive special discounts on selected vehicles

Pullach, 15 June 2022 – Sixt Neuwagen invites to "Sparadies": On sixt-neuwagen.de, Allane Mobility Group has now reduced its already attractive prices even further. This means that private customers receive up to 8.6 percent and commercial customers up to 9.3 percent discount on the regular Sixt Neuwagen prices*. The "Sparadies" discounts apply to selected order, advance and stock vehicles. The promotion is limited in time and runs only while stocks last.

Private and commercial customers receive the following models** at special rates:

Private customers
Vehicle model Discounted monthly rate (incl. VAT)
Renault Clio from EUR 89
VW Taigo from EUR 189
Fiat 500 from EUR 139
Fiat 500 Cabrio from EUR 159
VW T-Roc from EUR 219
VW T-Cross from EUR 199
VW Golf from EUR 229
Commercial customers
Vehicle model Discounted monthly rate (excl. VAT)
Renault Clio from EUR 79
VW Taigo from EUR 159
Fiat 500 from EUR 119
Fiat 500 Cabrio from EUR 139
VW T-Roc from EUR 170
VW T-Cross from EUR 159
VW Golf ab 179 Euro
 

Donglim Shin, CEO of Allane SE: "As part of our 'Sparadies' promotion, we are offering our customers particularly attractive discounts on certain vehicle models. Thanks to our large number of stock and pre-production vehicles, these popular models are also readily available. With our comprehensive service offer, which also includes free damage management, we round off the customer experience in the best possible way."

Download: Campaign image „Sixt Neuwagen ‚Sparadies’“ (Credit: Allane SE)

* The calculation of the percentage saving except for the Renault Clio is based on the promotional price compared to the rates of the respective models in week 23 with a leasing term of 48 months and a mileage of 10,000 km/year. Changes to the base rates automatically lead to changed discounts.

** The Vario Leasing offer is provided by Allane SE (Dr.-Carl-von-Linde-Str. 2-4, 82049 Pullach) as lessor. All offers as Vario-Leasing rate, unless otherwise indicated, with 0% down payment, excluding transfer costs, additional one-off costs possible and incl. VAT for a term of 48 months and a mileage of 10,000 km/year. Price reductions refer to the lowest total price of the last 30 days since the start of the promotion. The images used show examples of the respective model. Optional extras available at extra cost.

Fuel consumption combined (l/100 km) according to Directive 80/1268/EEC and CO2 emission combined (g/km). Further information on the official fuel consumption and the official specific CO2 emissions of new passenger cars can be found in the guide on fuel consumption and CO2 emissions of new passenger cars, which is available free of charge at all sales outlets and from Deutsche Automobiltreuhand GmbH at www.dat.de.

Please note that the loyalty bonuses cannot always be guaranteed in the case of special offers or immediately available new vehicles. For further details on financing, please refer to the information on the website sixt-neuwagen.de/sparadies.

---

About Sixt Neuwagen:

Sixt Neuwagen is a brand of the Allane Mobility Group (formerly Sixt Leasing Group) and offers private and commercial customers (with up to 20 vehicles) the opportunity to configure the latest models from around 35 car manufacturers, request an individual leasing offer and order online at sixt-neuwagen.de. In addition, customers can choose from a large number of immediately available stock cars. Customers are to benefit from the expertise and economies of scale of the Allane Mobility Group in vehicle purchasing in the form of attractive rates.

Customers can individually adjust the equipment, term and mileage of their desired vehicle as well as the amount of the down payment on sixt-neuwagen.de. They also have the option of choosing between classic kilometre leasing and Vario financing. Compared to classic kilometre leasing, the latter offers, for example, the option to buy the vehicle at the end of the term at a guaranteed price. In addition, customers can optionally book services that go with their vehicle, such as complete winter wheels, a maintenance & wear package, doorstep delivery or an insurance package, at favourable rates.

www.sixt-neuwagen.de

 

About Allane Mobility Group:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of around EUR 742 million according to preliminary calculations.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Press Contact:

Kirchhoff Consult
[email protected]



End of Media Release


Issuer: Allane SE
Key word(s): Automobile

15.06.2022 Dissemination of a Press Release, 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.
Archive at www.dgap.de



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May 30, 2022

Allane Mobility Group: 'Damage Management' service product on sixt-neuwagen.de now included in all new contracts

DGAP-News: Allane SE / Key word(s): Product Launch/Miscellaneous
Allane Mobility Group: 'Damage Management' service product on sixt-neuwagen.de now included in all new contracts
30.05.2022 / 09:20
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: "Damage Management" service product on sixt-neuwagen.de now included in all new contracts

Pullach, 30 May 2022 – Allane Mobility Group (former Sixt Leasing Group), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, is now offering its "Damage Management" service product on sixt-neuwagen.de free of charge as standard. The offer applies to all Sixt Neuwagen vehicles for which a new contract is concluded. Therefore, customers will benefit from the all-in-one service in the future, which includes all the necessary steps in the event of damage, an accident or a breakdown.

Philipp Schwenke, Managing Director Online Retail Allane SE: "Our 'damage management' product on sixt-neuwagen.de has already received great appreciation in the past. To further improve the customer experience, we are now including our comprehensive service as a free component in every new contract."

The "Damage Management" product includes quick on-site breakdown and accident assistance, the provision of replacement mobility and pre-financing of all costs incurred. In the context of claims settlement, the Sixt Neuwagen comprehensive service includes coordination with both the customer's own insurance company and the opposing insurance company. In addition, Sixt Neuwagen organises a towing service and a pick-up and drop-off service for workshop appointments.

Further information on the Sixt Neuwagen product "Damage Management" is available here.

---

About Sixt Neuwagen:

Sixt Neuwagen is a brand of the Allane Mobility Group (formerly Sixt Leasing Group) and offers private and commercial customers (with up to 20 vehicles) the opportunity to configure the latest models from around 35 car manufacturers, request an individual leasing offer and order online at sixt-neuwagen.de. In addition, customers can choose from a large number of immediately available stock cars. Customers benefit from the expertise and economies of scale of the Allane Mobility Group in vehicle purchasing in the form of attractive conditions.

Customers can individually adjust the equipment, term and mileage of their desired vehicle as well as the amount of the down payment on sixt-neuwagen.de. They also have the option of choosing between classic kilometre leasing and Vario financing. Compared to classic kilometre leasing, the latter offers, for example, the option to buy the vehicle at the end of the term at a guaranteed price. In addition, customers can optionally book services that go with their vehicle, such as complete winter wheels, a maintenance & wear package, doorstep delivery or an insurance package, at favourable conditions.

www.sixt-neuwagen.de

 

About Allane Mobility Group:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Press Contact:

Kirchhoff Consult
[email protected]



30.05.2022 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.
Archive at www.dgap.de



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May 11, 2022

Allane Mobility Group: Revenue and earnings growth in Q1 2022

DGAP-News: Allane SE / Key word(s): Quarterly / Interim Statement/Quarter Results
Allane Mobility Group: Revenue and earnings growth in Q1 2022
11.05.2022 / 09:31
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: Revenue and earnings growth in Q1 2022

  • Stable Group contract portfolio
  • Consolidated revenue increased by 1.7%
  • Earnings before taxes (EBT) rose significantly to EUR 4.4 million
  • Forecast for the 2022 financial year confirmed

Pullach, 11 May 2022 – Allane Mobility Group (former Sixt Leasing), 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, has recorded a slight increase in consolidated revenue and a significant increase in earnings before taxes (EBT) in the first quarter of 2022. Overall, the company developed in line with expectations.

Donglim Shin, CEO of Allane SE: “I am happy to report growth in both revenue and earnings for the first quarter of 2022. We have developed fully in line with our plans. In order to take advantage of future growth opportunities, we are pushing forward the digitization of our business and developing new products and services for our customers, which we intend to launch over the course of the year.”

Business development

Business development in the first three months of 2022 continued to be affected in particular by the COVID-19 pandemic and the supply restrictions for new cars due to the semiconductor shortage. The Group’s contract portfolio in Germany and abroad (excluding franchise and cooperation partners) was nearly stable with 128,610 contracts as of 31 March 2021 (31 December 2021: 128,800 contracts).

In the first quarter of 2022, consolidated revenue increased slightly by 1.7 per cent compared to the same period in the previous year to EUR 189.8 million. This is mainly due to the increase in sales revenue. Operating revenue, which does not include the proceeds from vehicle sales, decreased by 1.9 per cent to EUR 95.8 million. Sales revenue from the sale of leasing returns and marketing of customer vehicles in Fleet Management increased by 5.6 per cent to EUR 94.0 million. This development is mainly caused by a further increase in the unit price of vehicles sold due to the continued high demand for used cars.

In the first three months of 2022, earnings before interest, taxes, depreciation and amortisation (EBITDA) increased slightly by 0.7 per cent to EUR 47.6 million compared to the same period in the previous year. Earnings before taxes (EBT) saw a significant increase of 350.8 per cent to EUR 4.4 million. This is in line with expectations due to the very strong sales result of lease returns as a consequence of further increasing sales prices. The operating return on revenue (EBT/operating revenue) therefore also improved substantially to 4.6 per cent (Q1 2021: 1.0 per cent).

Outlook

Allane Mobility Group confirms the outlook published on 29 April 2022. Accordingly, the Managing Board expects to have a Group contract portfolio in a range of 130,000 to 150,000 contracts (2021: 128,845 contracts) and a consolidated operating revenue of between EUR 350 million and EUR 400 million (2021: EUR 386.0 million) in the current 2022 financial year. For EBT, the company expects a higher single-digit million euro amount (2021: EUR 6.1 million).

The reasons for this forecast are, in addition to the operating business development in the current financial year so far, the ongoing COVID-19 pandemic, the supply restrictions for new cars due to the semiconductor shortage and the potential impact of the war in Ukraine 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. However, the company expects a recovery in business development of new contracts and usage-based revenues in the second half of the year due to a normalization of the COVID-19 pandemic, although the delay in new cars supply and the impact of the war in Ukraine on the European economies still remains.

With regard to EBT, the remarketing business is not expected to match the results achieved in the previous months during the remainder of the year. In addition, the consolidated net result in the 2022 financial year will continue to be burdened by transaction-related costs in connection with the acquisition of the company by Hyundai Capital Bank Europe GmbH (HCBE).

The full quarterly statement as of 31 March 2022 can be downloaded here: http://ir.allane-mobility-group.com/interim-reports.

---

About Allane Mobility Group:

Allane Mobility Group 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Contact:

Allane Mobility Group
Investor Relations
+49 89 7080 610
[email protected]



11.05.2022 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.
Archive at www.dgap.de



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May 03, 2022

Allane Mobility Group: autohaus24 is among the best used car dealers in Germany

DGAP-News: Allane SE / Key word(s): Miscellaneous
Allane Mobility Group: autohaus24 is among the best used car dealers in Germany
03.05.2022 / 11:13
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: autohaus24 is among the best used car dealers in Germany

Pullach, 3 May 2022 - Allane Mobility Group (former Sixt Leasing), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, is one of the six best used car dealers in Germany with its subsidiary autohaus24 GmbH and its Munich-Eching location according to this year's Used Car Awards. The prize was awarded by the trade journal "Gebrauchtwagen Praxis" together with Autoboerse.de, Dekra and Real Garant in Würzburg. From a large number of applicants, car dealers were awarded that best convinced the jury in terms of creative sales ideas, clear processes, excellent service and convincing concepts for marketing and presentation in the used car trade.

Werner König, Managing Director of autohaus24 GmbH: "We are delighted that our location in Munich-Eching is one of the best businesses at this year's Used Car Awards. We owe this success in part to our efficient processes, which are designed to create the best possible customer experience."

Efficient process handling at autohaus24

At its location in Munich-Eching, autohaus24 offers an average of around 300 used cars of various brands and price categories. The majority of these are returns from Sixt Leasing, a brand of the Allane Mobility Group. In addition to the location in Munich-Eching, autohaus24 has two further dispositions in Frankfurt-Egelsbach and Berlin-Ludwigsfelde.

At all three locations, the company sells Sixt Leasing returns and Sixt new cars. The processes at autohaus24 are highly standardised and automated - from acceptance to arranging the test drive. For example, all returns are distributed from Munich-Eching to the various locations. These processes enable the sales staff at autohaus24 GmbH to concentrate fully on selling the used cars. In addition to sales at its three German locations, the company also sells its vehicles via the autohaus24.de website, where it is also possible to configure a new car.

Download:

Logo "autohaus24" (Credits: Allane Mobility Group)

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About autohaus24 GmbH:

autohaus24 GmbH, a wholly owned subsidiary of Allane SE, is the largest independent used car dealer in Germany. The vehicles are marketed at three major locations in Munich-Eching, Frankfurt-Egelsbach and Berlin-Ludwigsfelde as well as via autohaus24.de. Customers also have the option of configuring new cars on the website.

www.autohaus24.de


About Allane Mobility Group:

Allane Mobility Group 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of EUR 740 million.

www.allane-mobility-group.com

Press contact:

Kirchhoff Consult
[email protected]



03.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Apr 29, 2022

Allane Mobility Group publishes Annual Report 2021

DGAP-News: Allane SE / Key word(s): Annual Report/Forecast
Allane Mobility Group publishes Annual Report 2021
29.04.2022 / 08:01
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group publishes Annual Report 2021

  • Group contract portfolio and consolidated revenue almost stable compared to previous year's figures
  • Business development in line with adjusted expectations
  • Announcement of the new corporate strategy 'FAST LANE 27' as a basis for future growth
  • Outlook 2022: Increase in contract portfolio expected

Pullach, 29 April 2022 - Allane Mobility Group (former Sixt Leasing SE), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has published its Annual Report 2021. Accordingly, the business development in 2021 is in line with the adjusted expectations. The business performance was particularly affected by the impact of the COVID-19 pandemic on the overall economic situation. Within the scope of the annual report, the Managing board of Allane Mobility Group also releases its forecast for the current 2022 financial year. In addition, the company announces the publication of its new strategy programme 'FAST LANE 27' for the second quarter of 2022.

Business development
In the Online Retail business field, the contract portfolio decreased by 5.4 per cent to 36,500 contracts in the period from end of December 2020 to end of December 2021, while in the Fleet Leasing business field, it fell by 11.9 per cent to 33,300 contracts. The decline in both these business fields resulted particularly from the economic impact of the COVID-19 pandemic. In the Fleet Management business field, by contrast, the contract portfolio rose by 10.3 per cent to 59,000 contracts, thus reaching a new all-time high. The main reason for this was the acquisition of new customers and the expansion of existing customer relationships. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) was slightly below the previous year's figure (129,900 contracts) at 128,800 contracts.

Consolidated revenue fell by 1.0 per cent in the 2021 financial year and thus slightly to EUR 740.4 million. Consolidated operating revenue, which does not include the proceeds from vehicle sales, decreased by 8.8 per cent to EUR 386.0 million. This is mainly due to the significantly reduced vehicle utilisation as a result of COVID-19-related contact restrictions and the associated decline in utilisation-related revenues as well as the declining contract portfolio. In contrast, sales revenues for lease returns and marketed customer vehicles in Fleet Management rose by 9.2 percent to EUR 354.4 million, in particular due to the high demand for used cars.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined by 13.0 percent to EUR 184.0 million (2020: EUR 211.4 million) in the reporting year. Consolidated earnings before taxes (EBT) fell by 32.7 per cent to EUR 6.1 million (2020: EUR 9.1 million).

Dividend proposal
For the 2021 financial year, the Managing Board of Allane SE is considering to propose a dividend of EUR 0.06 per share to the Annual General Meeting on 29 June 2022. This dividend proposal takes into account the uncertainty caused by the war in Ukraine and would result in a payout ratio of just over 21% of the consolidated net income for the 2021 financial year. The proposal for the appropriation of profits is subject to the approval of the Supervisory Board and will be published with the agenda for the 2022 Annual General Meeting. The previously communicated target range of 30 to 60% remains unchanged regardless of the payout ratio for the 2021 financial year.

Donglim Shin, CEO of Allane SE: "Despite the impact of the COVID-19 pandemic on our business, we have maintained both contract portfolio and Group revenue at almost the same level as the previous year. In addition, we have taken a big step forward in terms of the digitalisation of our business model. In order to take advantage of future growth opportunities and meet changing customer needs, we want to develop strategically. Therefore, in the second quarter of 2022, we will start the implementation of our new strategy programme 'FAST LANE 27', which is designed to get us back on the fast track."

New strategy 'FAST LANE 27'
To generate even more added value for customers, partners, employees and shareholders in the future, Allane Mobility Group has developed a new strategy programme called 'FAST LANE 27'. The programme comprises a comprehensive package of measures to be implemented by 2027. 'FAST LANE 27' is aimed, among other things, at expanding the business model in a targeted manner, launching a larger number of offers on the market, driving forward the internationalisation of Allane Mobility Group and strengthening the aspect of sustainability by offering environmentally friendly mobility solutions, as well as further increasing the share of alternative drive systems in the fleet.

Outlook
According to its forecast published in the 2021 Annual Report, Allane Mobility Group expects to have a Group contract portfolio in a range of 130,000 to 150,000 contracts (2021: 128,845 contracts) and a consolidated operating revenue of between EUR 350 million and EUR 400 million (2021: EUR 382.6 million) in the current 2022 financial year. For EBT, the company expects a higher single-digit million euro amount (2021: EUR 6.1 million).

The reasons for this cautious forecast are, in addition to the operating business development in the current financial year so far, the ongoing COVID-19 situation, the supply restrictions for new cars due to the semiconductor shortage and the potential impact of the war in Ukraine 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. However, the company expects a recovery after summer, although the impact of the war in Ukraine on the European economies remains uncertain.

With regard to EBT for the first quarter of 2022, Allane Mobility Group expects the figure to be higher than the corresponding figure for the previous year (Q1 2021: EUR 1.0 million) due to the strong vehicle remarketing business. However, the Managing Board does not expect the remarketing business to match the results achieved in the previous months during the remainder of the year.

In addition, the consolidated net result in the 2022 financial year will continue to be burdened by transaction-related costs in connection with the acquisition of the company by Hyundai Capital Bank Europe GmbH (HCBE).

The full outlook for the 2022 financial year is included in the Allane Mobility Group Annual Report 2021. The report is available on the company's website.

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About Allane Mobility Group:
Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of around EUR 742 million according to preliminary calculations.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com

Contact:
Allane Mobility Group
Investor Relations
+49 89 7080 610
[email protected]



29.04.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Mar 23, 2022

Allane Mobility Group: Stable contract and revenue development in 2021

DGAP-News: Allane SE / Key word(s): Preliminary Results
23.03.2022 / 09:00
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: Stable contract and revenue development in 2021

  • Group contract portfolio and consolidated revenue almost at previous year's level
  • Business development in line with adjusted expectations
  • Successful further digitalisation of the business model and renaming

Pullach, 23 March 2022 - Allane Mobility Group (former Sixt Leasing SE), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has developed in line with adjusted expectations in the 2021 financial year. The business performance was particularly affected by the impact of the COVID-19 pandemic on the overall economic situation. According to preliminary calculations, the Group contract portfolio and the consolidated revenue almost reached the previous year's level.

Successful further digitalisation and renaming
In the 2021 financial year, the Allane Mobility Group achieved several milestones in the digitalisation of its business model. This included, in particular, the introduction of a digital ordering process on sixt-neuwagen.de, the launch of the "FleetIntelligence" analysis tool for fleet managers and the digitalisation of the logistics processes at the used car locations in Frankfurt, Berlin and Munich. In addition, the change of name from Sixt Leasing SE to Allane SE was completed on 5 August 2021.

Donglim Shin, CEO of Allane SE: "The Corona pandemic has again slowed down our business development in 2021. Nevertheless, we have managed to keep the contract portfolio and revenue almost stable and made great leaps forward in the digitalisation of our business model. With our innovative strength, we are laying the foundation to return to the growth path."

Business development
In the Online Retail business field, the contract portfolio decreased by 5.4 per cent to 36,600 contracts in the period from the end of December 2020 to the end of December 2021. In the Fleet Leasing business field, the contract portfolio decreased by 11.9 per cent to 33,300 contracts. The decline in both business fields was mainly due to the economic impact of the COVID-19 pandemic. In the Fleet Management business unit, on the other hand, the contract portfolio increased by 10.3 per cent to 59,000 contracts and thus reached a new all-time high. The main reason for this was the acquisition of new customers and the expansion of existing customer relationships. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) was slightly below the previous year's figure at 128,800 contracts (129,900 contracts).

Consolidated revenue fell slightly by 0.8 per cent to EUR 741.8 million according to preliminary calculations. Consolidated operating revenue, which does not include the proceeds from vehicle sales, decreased by 8.5 per cent to EUR 387.4 million. This is mainly due to the significantly reduced vehicle utilisation as a result of the COVID-19-related contact restrictions and the associated decline in utilisation-related revenues as well as a declining contract portfolio. On the other hand, sales revenues for lease returns and marketed customer vehicles in Fleet Management increased by 9.2 per cent to EUR 354.4 million. This development is mainly due to the high demand for used cars.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined by 13.0 per cent to EUR 184.0 million. Consolidated earnings before taxes (EBT) fell by 32.7 per cent to EUR 6.1 million. As a result, the operating return on revenue (EBT/operating revenue) was 1.6 per cent (2020: 2.2 per cent).

Allane Mobility Group will announce the final and audited figures for the 2021 financial year and an outlook for the financial year 2022 with the publication of its Annual Report 2021 on 29 April 2022.

---

About Allane Mobility Group:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2021, the Group generated consolidated revenue of around EUR 742 million according to preliminary calculations.

With around 92 per cent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.

www.allane-mobility-group.com


Contact:

Allane Mobility Group
Investor Relations
+49 89 7080 610
[email protected]



23.03.2022 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.

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Mar 04, 2022

Allane Mobility Group: New car configuration on autohaus24.de now even easier

DGAP-News: Allane SE / Key word(s): Market launch
04.03.2022 / 08:00
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: New car configuration on autohaus24.de now even easier

Pullach, 4 March 2022 - Allane SE (former Sixt Leasing SE), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has completely revised the new car configurator on its online platform autohaus24.de. This means that private customers can now put together their dream car even more easily than before.

In addition to the design, the user-friendliness has been optimised for smartphones and tablets. Moreover, users now have the option of comparing several vehicles with each other and selecting even more bonuses and premiums, such as the environmental incentive or the BAFA (Federal Office of Economic Affairs and Export Control) premium for electric vehicles.

Werner König, Managing Director of autohaus24 GmbH: "With our revised new car configurator, we have significantly improved the customer experience on autohaus24.de and successfully completed the overall renewal of our website. We will continue to focus on the needs of our customers in the future."

The relaunch of autohaus24.de, which also included the renewal of the back-end systems, is part of the realignment of autohaus24 GmbH, which began in January 2021 with the redesign of the brand logo, the website and the three locations. In this context, the product range was also expanded both on autohaus24.de and in the used car centres in Frankfurt, Berlin, and Munich.

The Allane Mobility Group is expanding the product portfolio on its online platforms autohaus24.de and sixt-neuwagen.de with all available services. "Customers are increasingly open when it comes to deciding in favour of a new or used car," explains Werner König. "The broader offer takes this trend into account."

Download: Logo "autohaus24" (Credit: Allane Mobility Group)

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About autohaus24 GmbH:

autohaus24 GmbH, a wholly owned subsidiary of Allane SE, is the largest independent used car dealer in Germany. The vehicles are marketed at three major locations in Munich-Eching, Frankfurt-Egelsbach and Berlin-Ludwigsfelde as well as via autohaus24.de. Customers also have the option of configuring new cars on the website.

www.autohaus24.de


About Allane SE:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.allane-mobility-group.com


Press contact:

Kirchhoff Consult
[email protected]



04.03.2022 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.
Archive at www.dgap.de



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Feb 24, 2022

Allane Mobility Group appoints Ömer Köksal as Spokesman of the Management Board of Allane Mobility Consulting GmbH and thus strengthens the Fleet Management business unit

DGAP-News: Allane SE / Key word(s): Personnel
24.02.2022 / 10:24
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group appoints Ömer Köksal as Spokesman of the Management Board of Allane Mobility Consulting GmbH and thus strengthens the Fleet Management business unit

Pullach, 24 February 2022 - Allane SE (former Sixt Leasing SE), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has appointed Mr. Ömer Köksal as Spokesman of the Management Board of its wholly owned subsidiary Allane Mobility Consulting GmbH (formerly Sixt Mobility Consulting GmbH) with effect from 1 January 2022. He succeeds Michael Poglitsch, who left the company at his own request in October 2021.

Ömer Köksal worked for the major Italian bank UniCredit for around 15 years, most recently as CEO for UniCredit Leasing Austria GmbH. In his function as Spokesman of the Management Board of Allane Mobility Consulting GmbH, he is responsible for the Fleet Management business unit of the Allane Mobility Group with the brands Sixt Mobility Consulting and Flottenmeister. His focus will be on successfully implementing the company's strategy, particularly with regard to innovation and growth.

Donglim Shin, CEO of Allane SE: "We are delighted to have gained Ömer Köksal, a proven industry expert, as Spokesman of the Management Board of Allane Mobility Consulting GmbH. He has many years of sound management experience in the banking sector as well as in the leasing and fleet industry. This makes him the ideal person to expand and further develop our Fleet Management business unit. Our common goal is to make the Allane Mobility Group the leading multi-brand provider of comprehensive mobility solutions in Europe. Fleet management will play an important role in this."

Ömer Köksal, Spokesman of the Management Board of Allane Mobility Consulting GmbH: "I am looking forward to my new tasks as Spokesman of the Management Board of Allane Mobility Consulting GmbH. Fleet management is becoming increasingly important for companies, especially against the background of the mobility change. We want to actively accompany and shape this trend by inspiring fleet customers with individual, innovative solutions and excellent service."

In addition to Ömer Köksal, the Management Board of Allane Mobility Consulting GmbH is to be filled with a second qualified executive at the earliest possible date. The Allane Mobility Group is confident of finding a suitable candidate soon.

Download: Portrait Ömer Köksal (Credit: Allane Mobility Group)

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About Allane Mobility Consulting GmbH:

Allane Mobility Consulting GmbH, a wholly owned subsidiary of Allane SE, is one of the leading specialists for independent fleet and mobility management with proven expertise in the management of medium-sized and larger corporate fleets.

With its brands Sixt Mobility Consulting and Flottenmeister, Allane Mobility Consulting advises corporate customers on the efficient management of their fleets and provides all services for cars and vans. The focus is on optimising costs and promoting customer satisfaction through innovative digital solutions that are also geared to the mobility needs of employees.

www.mobility-consulting.com


About Allane SE:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.allane-mobility-group.com


Press contact:

Kirchhoff Consult
[email protected]



24.02.2022 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.
Archive at www.dgap.de



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Feb 22, 2022

Allane Mobility Group: Cooperation with AUTO1.com to market more than 10,000 vehicles per year

DGAP-News: Allane SE / Key word(s): Alliance
22.02.2022 / 08:04
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group: Cooperation with AUTO1.com to market more than 10,000 vehicles per year

  • Allane Mobility Group increases reach by cooperating with Europe's largest platform for used cars, thereby achieving top prices
  • AUTO1.com integrates Allane Mobility Group inventory via automated auction format in real-time
  • Registered partner dealers benefit from an additional offer of more than 10,000 high-quality used cars on AUTO1.com

Pullach, 22 February 2022 - Allane SE (former Sixt Leasing SE), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, is cooperating with AUTO1.com with immediate effect, thus offering more than 10,000 high-quality lease returns and fleet vehicles per year on Europe's largest trading platform for used cars. In a separate, automated real-time auction - the "Catalogue Auction" - the vehicle inventory of the B2B platform is available online to registered partner dealers. By partnering with AUTO1.com, Allane Mobility Group expands its remarketing network to include more than 60,000 active buyers in 30 markets across Europe and achieves top prices for its used cars.

"The technical connection of the systems has worked without any problems and the first runs have delivered very satisfactory results," says Andreas Birgmann, Director Remarketing at Allane SE. "With its focus on the digital business model for the commercial vehicle trade, AUTO1.com is an ideal partner for us to efficiently market our lease returns and fleet vehicles. The innovative spirit that emanates from both sides is an excellent prerequisite for joint business success."

The "Catalogue Auction" takes place weekly and includes 250 to 300 high-quality leasing and fleet vehicles of various brands and models. During the so-called "Catalogue Phase", buyers can examine the vehicles for seven days, put them on their own watch list, and place bids directly. Weekly, every Thursday at 11 a.m., the "Turbo Phase" begins. The vehicles are presented one after the other for a short time. At this moment, buyers have the last chance to place their final highest bid for the highly demanded vehicles and win the auction. After the auction, buyers benefit from the extensive logistics coverage provided by the Europe-wide AUTO1 logistics network with 300 partners. For example, each vehicle can be delivered to the buyer within Germany at a fixed price of EUR 159 (net) within a few days.

"Through our very active buyer network in Europe, our new partner Allane Mobility Group benefits from dynamic bidding behaviour, and as a result, best prices. Car dealers, on the other hand, are always searching for high-quality vehicles that they can buy at fair market prices and sell profitably, especially these days due to the shortage of cars," says Denis Belan, Director of Remarketing Germany at AUTO1.com.

"We are excited to have found another great partner for remarketing and are sure to be able to generate significant value for both parties," says Werner König, Managing Director Remarketing at Allane SE.

"Our registered partners don't switch between different platforms anymore. They can rely on a diverse inventory and our leading associated services from AUTO1.com. With the new partnership, our buyers now have four buying options at their disposal. The Catalogue Auction, the 24-hour Auction, the Customer Auction, and the Instant Purchase option," says Robert Lasek, Managing Director Germany at AUTO1.com.

The Catalogue Auction is now initially available to all registered partner dealers in Germany. It will then also be available in over 30 markets across Europe. Interested parties can register at www.AUTO1.com and will then receive access to the Catalogue Auction.

Download: Image "Catalogue Auction" (Credit: AUTO1.com)

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About Allane SE:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.allane-mobility-group.com


Press contact:

Kirchhoff Consult
[email protected]


About AUTO1.com:

AUTO1.com is Europe's largest wholesale platform for used cars. More than 60,000 partner dealers in over 30 countries actively digitize their used car business with AUTO1.com technologies and services. Buyers have access to a cross-brand inventory of over 30,000 inspected used cars. Sellers, including dealers, manufacturers, leasing, and rental car companies, have the opportunity to market vehicles digitally to the entire dealer network. Our Europe-wide logistics network with more than 300 logistics partners enables fast international trading at competitive prices. All services are available to our partners 24 hours a day, seven days a week, without hidden fees, or minimum purchase or sell requirements. Further information can be found at www.AUTO1.com.

AUTO1.com GmbH is part of AUTO1 Group SE, a multi-brand technology company that is building the best way to buy and sell cars online. AUTO1 Group SE, headquartered in Berlin, is active in more than 30 countries and achieved revenues of 2.83 billion Euros in 2020. Following its successful IPO in February 2021, the group's shares are trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol AG1 and the ISIN DE000A2LQ884. Since 21 June 2021, the shares are listed on the MDAX index of the Deutsche Börse (German Stock Exchange).



22.02.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Jan 25, 2022

Allane Mobility Group receives record funding to market hydrogen car Hyundai NEXO

DGAP-News: Allane SE / Key word(s): Alliance/Financing
25.01.2022 / 10:48
The issuer is solely responsible for the content of this announcement.

Allane Mobility Group receives record funding to market hydrogen car Hyundai NEXO
 

- Allane Mobility Group receives up to EUR 11.4 million from the German government to promote sustainable mobility

- Marketing of up to 800 new Hyundai NEXO with environmentally friendly hydrogen drive to leasing customers as part of a cooperation with Hyundai

- Favourable leasing rate thanks to subsidy of EUR 14,299 per vehicle - offer valid only while stocks last
 

Pullach, 25 January 2022 - Allane SE (former Sixt Leasing SE), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, receives a record sum of up to EUR 11.4 million to promote sustainable mobility. The funds come from the National Innovation Programme Hydrogen and Fuel Cell Technology (NIP) of the Federal Ministry for Digital and Transport (BMDV). It is the highest funding amount ever awarded by the BMDV within the framework of the NIP to a single project related to market activation for fuel cell passenger cars. The NIP is coordinated by the National Organisation Hydrogen and Fuel Cell Technology (NOW GmbH) and implemented by the Project Management Organisation Jülich (PtJ).

The Allane Mobility Group is using the subsidies to market up to 800 models of the Hyundai NEXO hydrogen car to leasing customers at particularly attractive conditions as part of a sales cooperation with Hyundai. Thanks to a subsidy of EUR 14,299 per new vehicle, the Hyundai NEXO is available from a monthly leasing rate of around EUR 719 plus VAT*. The vehicles are fully equipped and available at short notice with the popular Prime package. The colour, term and mileage are configurable. Delivery time is around three to four weeks. The Hyundai NEXO can be requested via the dealer network of Hyundai Motor Deutschland GmbH or the website https://www.hyundai.de/gewerbekunden/aktionen-und-angebote/. Advice and sales are provided exclusively and directly via the dealer network. Allane SE acts as lessor. The offer is only valid while stocks last.

Donglim Shin, CEO of Allane SE: "We are pleased that the Federal Government is supporting our sustainable mobility ambitions with such a large sum. This makes us proud and is at the same time proof of the confidence in our capabilities as a provider of comprehensive mobility solutions. Together with Hyundai and the German Hyundai dealer network, we want to contribute to establishing alternative drive technologies and making individual mobility significantly more environmentally friendly."

Kurt-Christoph von Knobelsdorff, Managing Director of the National Organisation Hydrogen and Fuel Cell Technology (NOW GmbH): "Several paths lead to climate neutrality in the transport sector. When a company like the Allane Mobility Group markets up to 800 units of the Hyundai NEXO, this sends a strong signal to the market and shows that the fuel cell has prospects in mobility, also in passenger cars."

The Hyundai NEXO

Enormous range, futuristic design, modern technical equipment: the Hyundai NEXO is the temporary culmination of Hyundai's 20 years of hydrogen pioneering work: the perfect zero-emission drive for every day - but anything but everyday!

The Hyundai NEXO can be refuelled in just five minutes** and has a range of up to 756 km***. It also features advanced multimedia connectivity and Smart Sense safety systems. For more information on the vehicle and the refuelling network, please visit the website https://www.hyundai.de/gewerbekunden/aktionen-und-angebote.

Sustainable mobility at the Allane Mobility Group
As a provider of mobility solutions, the Allane Mobility Group is aware of its responsibility for climate protection and has set itself the goal of continuously reducing the average CO2 emissions of its customer fleet. This is achieved, for example, through the constant addition of vehicles with new drive technologies to the fleet as well as promotional offers for private customers. Thanks to its expertise in the selection and use of hybrid and electric vehicles, the Allane Mobility Group is able to provide competent advice to interested customers and optimise company fleets with regard to sustainability aspects.

National Innovation Programme Hydrogen and Fuel Cell Technology (NIP)

The NIP is implemented by NOW GmbH in association with the Project Management Organisation Jülich (PtJ) as an interdepartmental programme of the Federal Government under the leadership of the BMDV together with industry and science. The objectives of the NIP are research and development as well as market preparation of hydrogen and fuel cell technology in the transport sector.

Photos of the Hyundai NEXO are available in the press portal on Hyundai's website at https://www.hyundai.news/de/modelle/e-modelle/nexo/bilder.html and can be used for this purpose free of charge and rights by quoting "image source: Hyundai".

* A non-binding leasing example for commercial customers of HYUNDAI Finance, a service of Allane SE, Dr. Carl-von-Linde-Str. 2, 82049 Pullach. Hyundai NEXO hydrogen front-wheel drive 120 kW (163 hp) 1-stage reduction gearbox, vehicle price EUR 69,327.00, term 48 months, total mileage 40,000 km, 48 monthly instalments à EUR 718.50, effective annual interest rate 5.55%, fixed borrowing rate p.a. 5.43%. Optional extras available at extra cost. Plus transfer costs. All prices excl. VAT. Offer valid until December 31, 2021.

Fuel consumption (hydrogen) for the Hyundai NEXO 120 kW (163 hp), 1-speed reduction gearbox: urban: 0.77 kg H2/100 km; extra-urban: 0.89 kg H2/100 km; combined: 0.84 kg H2/100 km; CO2 emissions combined: 0 g/km; CO2 efficiency class: A+++. The stated fuel consumption and CO2 emission values were determined according to the prescribed WLTP measurement procedure and converted into NEDC values. Here you will find the WLTP consumption values.

** Refuelling with 700 bar.

*** The maximum range is up to 756 km under ideal traffic conditions, vehicle equipment and driving style. In real driving conditions, the range is lower.

---

About Allane SE:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.allane.com


Press contact:

Kirchhoff Consult
[email protected]



25.01.2022 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.
Archive at www.dgap.de



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Nov 17, 2021

Allane SE: Contract portfolio grows in the third quarter of 2021

DGAP-News: Allane SE / Key word(s): 9 Month figures/Quarter Results
17.11.2021 / 08:04
The issuer is solely responsible for the content of this announcement.

Allane SE: Contract portfolio grows in the third quarter of 2021

  • Slight increase in Group contract portfolio from end of June to end of September after decline in the first half of the year
  • Business development in the first nine months of 2021 in line with expectations
  • Successful further digitalisation of the business model and renaming
  • Forecast for the 2021 financial year confirmed

Pullach, 17 November 2021 - Allane SE (former Sixt Leasing SE), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has recorded an increase in the Group's contract portfolio again in the third quarter of 2021 after a decline in the first half of the year. Overall, the Company developed in line with expectations in the first nine months of 2021.

Successful further digitalisation and renaming
In the first nine months of 2021, Allane achieved several milestones in the digitalisation of its business model. Firstly, a new app for fleet leasing customers, an innovative analysis and reporting tool for fleet managers as well as the electronic driver's licence check for company car drivers were launched. In addition, the realignment of the subsidiary autohaus24 as one of the leading online car dealerships for new and used cars in Germany was driven forward and a rebranding of the brand presence was carried out. Furthermore, the change of name of Sixt Leasing SE to Allane SE was completed on 5 August 2021.

Donglim Shin, CEO of Allane SE: "In the third quarter, we were able to increase the number of contracts. We are thus back on the growth path. The business development makes us confident that we will achieve our forecast for the full year. Our goal is to continue to drive forward the digitalisation of our business model in particular - and to make the Allane Mobility Group the leading multi-brand provider of comprehensive mobility solutions in Europe."

Business development
Business development in the first nine months of 2021 continued to be affected in particular by the COVID-19 pandemic. As expected, there were signs of a slight recovery in business development in the third quarter. The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) increased slightly by 0.8 per cent to 128,200 contracts in the period from the end of June to the end of September. In the period from the end of December 2020 to the end of September 2021, on the other hand, it decreased slightly by 1.3 per cent. At the same time, the contract portfolio in the Online Retail business field decreased by 5.0 per cent to 36,700 contracts. The contract portfolio in the Fleet Leasing business field decreased by 11.9 per cent to 33,300 contracts. In the Fleet Management business unit, on the other hand, the contract portfolio increased by 8.8 per cent to 58,200 contracts.

Consolidated revenue in the first three quarters of 2021 increased by 0.1 per cent to EUR 565.8 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 8.9 per cent to EUR 291.5 million. A major impact on the decline in operating revenue was attributable to the third "lockdown" due to the ongoing COVID-19 pandemic, which, in contrast to the first "lockdown" in the prior-year period, lasted longer throughout the first half-year. This third "lockdown" resulted, among other things, in significantly reduced vehicle usage, causing in particular a decline in usage-related revenues, such as fuel revenues and revenue from individual service products. Moreover, leasing revenue (finance rate) decreased compared to the first three quarters of 2020 due to the decline in the contract portfolio of the Leasing business unit. In addition to the aforementioned reduction in vehicle usage, the decrease in contracts also contributes to the decline in usage-related other revenue from leasing business. Sales revenue from the sale of leasing returns and marketing of customer vehicles in Fleet Management increased in the first three quarters of 2021 by 11.8 per cent to EUR 274.4 million. This development was mainly caused by an increase in unit price of vehicles sold due to the high demand on used cars.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) decreased in the first three quarters of 2021 by 10.3 per cent to EUR 142.3 million compared to the same period in the previous year. Earnings before taxes (EBT) saw a decline of 10.3 per cent to EUR 4.6 million. The operating return on revenue (EBT/operating revenue) consequently amounted to 1.6 per cent (9M 2020: 1.6 per cent).

Outlook
Allane confirms the outlook published on 24 March 2021. Accordingly, the Company expects a slight increase in the Group contract portfolio compared to the previous year (2020: 129,900 contracts) and consolidated operating revenue in the range of previous year's figure (2020: EUR 423.3 million). With regard to EBT, Allane expects a higher single-digit million euro amount (2020: EUR 9.1 million).

The reason for the cautious forecast for the full year 2021 is, in addition to the operating business development in the first nine months of 2021, primarily the ongoing COVID-19 situation. In this respect, the Company assumes that the market and business environment will continue to be strongly negatively impacted by the COVID-19 pandemic. In addition, consolidated earnings are still burdened in the 2021 financial year by transaction-related costs in connection with the takeover of the Company by HCBE.

The full quarterly statement as of 30 September 2021 can be downloaded from http://ir.allane-mobility-group.com/interim-reports.

---

About Allane:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.allane.com


Contact:

Allane SE
Investor Relations
+49 89 74444 4518
[email protected]


About HCBE:

Hyundai Capital Bank Europe GmbH (HCBE) is the captive financial services provider of Hyundai Motor and KIA. The company is located in Frankfurt am Main. HCBE successfully passed the EU-wide standard bank approval procedure and received the German full-license from the European Central Bank in September 2016. Shareholders of the joint venture are Santander Consumer Bank AG und Hyundai Capital Services Inc.


The Allane Mobility Group in 9M 2021 at a glance1

       
Revenue development
in EUR million
9M 2021
 
9M 2020
 
Change
in %
    Operating revenue 291.5 319.9 -8.9
    Sales revenue 274.4 245.4 11.8
Consolidated revenue 565.8 565.3 0.1
    Thereof Leasing business unit 479.3 485.3 -1.2
        Thereof leasing revenue (finance rate) 152.0 163.2 -6.8
        Thereof other revenue from leasing business 99.4 119.5 -16.8
        Thereof sales revenue 227.9 202.6 12.5
    Thereof Fleet Management business unit 86.5 79.9 8.3
        Thereof fleet management revenue 40.1 37.2 7.8
        Thereof sales revenue 46.5 42.8 8.6
       
Earnings development
in EUR million
9M 2021
 
9M 2020
 
Change
in %
Fleet expenses and cost of lease assets 366.8 359.4 2.1
Personnel expenses 36.7 31.6 15.9
Net other operating income/expense -20.1 -15.6 -28.9
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 142.3 158.6 -10.3
Depreciation 132.5 145.1 -8.7
Net finance costs -5.2 -8.4 38.1
Earnings before taxes (EBT) 4.6 5.2 -10.3
    Thereof Leasing business unit 4.0 3.2 25.5
    Thereof Fleet Management business unit 0.6 2.0 -68.1
Operating return on revenue (in %)2 1.6 1.6 0.0 points
Income tax expense 1.2 1.7 -30.0
Consolidated profit 3.4 3.4 -0.4
Earnings per share (in EUR) 0.17 0.17 -
       
Contract portfolio
 
30/09/21
 
31/12/20
 
Change
in %
Group contract portfolio 128,200 129,900 -1.3
    Thereof Online Retail business field 36,700 38,600 -5.0
    Thereof Fleet Leasing business field 33,300 37,800 -11.9
    Thereof Fleet Management business unit 58,200 53,500 8.8
       
Balance sheet figures
in EUR million
30/09/21
 
31/12/20
 
Change
in %
Total assets 1,218.4 1,295.6 -6.0
Lease assets 1,013.2 1,093.3 -7.3
Financial liabilities 848.1 935.9 -9.4
Equity 216.6 212.9 1.8
Equity ratio (in %) 17.8 16.4 1.4 points
       
Cash Flow
in EUR million
9M 2021
 
9M 2020
 
Change
in %
Gross Cash flow 104.2 146.1 -28.7
Investments in lease assets 245.1 313.8 -21.9
       
 

1 Rounding differences possible
2 Ratio of EBT to operating revenue



17.11.2021 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.
Archive at www.dgap.de



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Aug 25, 2021

Allane SE publishes half-year financial report 2021

DGAP-News: Allane SE / Key word(s): Half Year Results/Interim Report
25.08.2021 / 08:01
The issuer is solely responsible for the content of this announcement.

Allane SE publishes half-year financial report 2021

  • Business development in the first half of 2021 in line with expectations
  • Successful further digitalisation of the business model and renaming
  • Forecast for the 2021 financial year confirmed

Pullach, 25 August 2021 - Allane SE (former Sixt Leasing SE), a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has developed in line with expectations in the first half of 2021.

Successful further digitalisation and renaming
In the first half of 2021, Allane achieved several milestones in the digitalisation of its business model. Firstly, a new app for fleet leasing customers, an innovative analysis and reporting tool for fleet managers as well as the electronic driver's licence check for company car drivers were launched. In addition, the realignment of the subsidiary autohaus24 as one of the leading online car dealerships for new and used cars in Germany was driven forward and a rebranding of the brand presence was carried out.

The change of name of Sixt Leasing SE to Allane SE resolved by the Annual General Meeting on 29 June 2021 was completed on 5 August 2021. For the time being, however, the Company and its domestic and foreign subsidiaries will initially continue to operate under the familiar brand names "Sixt Leasing", "Sixt Neuwagen", "Sixt Mobility Consulting", "Autohaus24" and "Flottenmeister" vis-à-vis the market and customers. The existing business fields - Online Retail, Fleet Leasing and Fleet Management - will be continued as well. Only the Allane SE Group will operate under the newly created group name Allane Mobility Group in the future. The strategic focus remains on the digitalisation of the business model and the orientation of the organisation towards future national and international growth.

Donglim Shin, CEO of Allane SE: "With the milestones in the digitalisation of our business model in the first half of 2021 and the successful rebranding, we have laid the foundation to continue actively shaping the transformation of mobility, to take advantage of the attractive growth opportunities in this market and to make the Allane Mobility Group the leading multi-brand provider of comprehensive mobility solutions in Europe."

Business development
Business development continued to be affected in particular by the COVID-19 pandemic. The contract portfolio in the Online Retail business field decreased by 4.3 per cent to 37,000 contracts in the period from the end of December 2020 to the end of June 2021. The contract portfolio in the Fleet Leasing business field decreased by 7.1 per cent to 35,100 contracts. In the Fleet Management business unit, the contract portfolio increased by 3.1 per cent to 55,100 contracts. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased slightly by 2.1 per cent to 127,200 contracts.

Consolidated revenue decreased by 0.8 per cent during the first half of 2021 to EUR 367.3 million compared to the same period of the previous year. This is mainly attributable to the decrease in operating revenue in the Leasing business unit. Operating revenue, which does not include the proceeds from vehicle sales, decreased by 9.3 per cent to EUR 194.2 million. A major impact on the decline in operating revenue was attributable to the third "lockdown" due to the ongoing COVID-19 pandemic, which, in contrast to the first "lockdown" in the prior-year period, lasted longer throughout the first half of 2021. This third "lockdown" resulted, among other things, in significantly reduced vehicle usage, causing in particular a decline in usage-related revenues, such as fuel revenues and revenue from individual service products. Moreover, leasing revenue (finance rate) decreased compared to the first half-year of 2020 due to the decline in the contract portfolio of the Leasing business unit. In contrast, sales revenue from leasing returns and marketed customer vehicles in Fleet Management increased by 10.8 per cent to EUR 173.1 million. This increase was partly due to the fact that fewer vehicles were sold in the comparable prior-year period as a result of the extensive restrictions on stationary motor vehicle sales during the first "lockdown" caused by the COVID-19 pandemic.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined by 10.3 per cent during the first half of 2021 to EUR 95.7 million. Earnings before taxes (EBT) decreased by 8.3 per cent to EUR 2.6 million. The operating return on revenue (EBT/operating revenue) consequently came to 1.4 per cent (H1 2020: 1.3 per cent).

Outlook
Besides the further digitalisation of products, services, and internal processes, Allane is planning to introduce a mobility budget in the Fleet Management business unit in the 2021 financial year among other things. This is intended to give fleet customers' employees the option - as an alternative or supplement to the company car - of using means of transport such as bus, rail, bicycle, car sharing or taxi. Another focus will be on diversifying the customer portfolio in the Fleet Leasing business field with smaller fleets and especially on service quality. Furthermore, in the Online Retail business field the Company intends to explore business opportunities via car dealership channel in addition to its online channel by launching a dedicated leasing portal. The goal is to significantly increase the order volume in new car leasing for private customers.

The Managing Board confirms the outlook published on 24 March 2021. Accordingly, the Managing Board expects a slight increase in the Group contract portfolio compared to the previous year (2020: 129,900 contracts) and 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).

The reason for the cautious forecast for the full year 2021 is, in addition to the operating business development in the 2021 financial year to date, primarily the ongoing COVID-19 situation. In this respect, the Company assumes that the market and business environment will continue to be strongly negatively impacted by the COVID-19 pandemic, but expects a recovery in business development in the second half of 2021. In addition, consolidated earnings will also be burdened in the 2021 financial year by transaction-related costs in connection with the takeover of the Company by HCBE.

The full half-year report as of 30 June 2021 can be downloaded from http://ir.sixt-leasing.com/interim-reports.

---

About Allane:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.allane.com


Contact:

Allane SE
Investor Relations
+49 89 74444 4518
[email protected]

 

About HCBE:

Hyundai Capital Bank Europe GmbH (HCBE) is the captive financial services provider of Hyundai Motor and KIA. The company is located in Frankfurt am Main. HCBE successfully passed the EU-wide standard bank approval procedure and received the German full-license from the European Central Bank in September 2016. Shareholders of the joint venture are Santander Consumer Bank AG und Hyundai Capital Services Inc.


The Allane Mobility Group in H1 2021 at a glance1

       
Revenue development
in EUR million
H1 2021
 
H1 2020
 
Change
in %
    Operating revenue 194.2 214.1 -9.3
    Sales revenue 173.1 156.2 10.8
Consolidated revenue 367.3 370.3 -0.8
    Thereof Leasing business unit 313.7 318.4 -1.5
        Thereof leasing revenue (finance rate) 102.6 109.5 -6.3
        Thereof other revenue from leasing business 65.3 80.7 -19.1
        Thereof sales revenue 145.8 128.3 13.7
    Thereof Fleet Management business unit 53.6 51.8 3.4
        Thereof fleet management revenue 26.4 23.9 10.1
        Thereof sales revenue 27.2 27.9 -2.4
       
Earnings development
in EUR million
H1 2021
 
H1 2020
 
Change
in %
Fleet expenses and cost of lease assets 234.6 233.1 0.6
Personnel expenses 24.7 21.1 17.3
Net other operating income/expense -12.2 -9.4 -30.5
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 95.7 106.7 -10.3
Depreciation and amortisation expense 89.6 98.3 -8.9
Net finance costs -3.5 -5.5 36.6
Earnings before taxes (EBT) 2.6 2.9 -8.3
    Thereof Leasing business unit 2.2 1.3 62.1
    Thereof Fleet Management business unit 0.4 1.5 -70.5
Operating return on revenue (in %)2 1.4 1.3 0.1 points
Income tax expense 0.8 1.1 -32.2
Consolidated profit 1.9 1.7 7.0
Earnings per share (in EUR) 0.09 0.08 -
       
Contract portfolio
 
30/06/21
 
31/12/20
 
Change
in %
Group contract portfolio 127,200 129,900 -2.1
    Thereof Online Retail business field 37,000 38,600 -4.3
    Thereof Fleet Leasing business field 35,100 37,800 -7.1
    Thereof Fleet Management business unit 55,100 53,500 3.1
       
Balance sheet figures
in EUR million
30/06/21
 
31/12/20
 
Change
in %
Total assets 1,256.88 1,295.55 -3.0
Lease assets 1,050.18 1,092.54 -3.9
Financial liabilities 878.11 935.89 -6.2
Equity 214.7 212.9 0.9
Equity ratio (in %)
 
17.1
 
16.4
 
0.7 points
       
Cash Flow
in EUR million
H1 2021
 
H1 2020
 
Change
in %
Gross Cash flow 77.7 97.3 -20.1
Investments in lease assets 177.3 207.5 -14.5
       

1 Rounding differences possible
2 Ratio of EBT to operating revenue



25.08.2021 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.
Archive at www.dgap.de



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Aug 05, 2021

Sixt Leasing SE is now called 'Allane SE'

DGAP-News: Allane SE / Key word(s): Miscellaneous
05.08.2021 / 17:33
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE is now called "Allane SE"

Pullach, 5 August 2021
- Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, is now called "Allane SE". With today's entry of the new name in the commercial register, the change of name resolved by the Annual General Meeting on 29 June 2021 was successfully completed.

The new name "Allane" is inspired by the traffic sign "All Lanes" and is pronounced like the English word combination "a lane" [ə'leɪn]. It thus stands for the company's comprehensive one-stop-shop approach and is intended to strengthen the perception as an international supplier. At the same time, the word creation "Allane" resembles a first name, which makes the company human and approachable.

The reason for the change of name is an agreement reached in the context of the sale of Sixt SE's approximately 42 per cent majority stake in Sixt Leasing SE, which provides for a gradual separation of Sixt Leasing SE from Sixt SE. The majority shareholding of Sixt SE was acquired - together with shares of other shareholders - on 15 July 2020 by Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc. HCBE has since held around 92 per cent of all Sixt Leasing shares and is thus the company's new majority shareholder. With the acquisition of Sixt Leasing SE, HCBE intends to expand its position in the automotive finance sector by adding innovative mobility services to its product portfolio and expanding its fleet business both at the point of sale and online.

As part of the agreement with Sixt SE, Sixt Leasing SE has now changed its company name as a first step. All domestic and foreign subsidiaries containing the name component "Sixt" or "SXT" will also be renamed in August 2021. The business field brands Sixt Leasing, Sixt New Cars, Sixt Mobility Consulting, Autohaus24 and Flottenmeister will initially continue to operate under their familiar names and will in future appear under the newly created group name Allane Mobility Group. The gradual introduction of a new brand identity will take place in due course.

Donglim Shin, CEO of Allane SE: "Allane stands for what has already been the core of Sixt Leasing, namely unlimited mobility options. With the new name, we are giving our company a fresh look and at the same time continuing the proven business model of Sixt Leasing. Our goal is to become the leading multi-brand provider of comprehensive mobility solutions in Europe."

The existing business fields - Online Retail, Fleet Leasing and Fleet Management - will be continued. This also applies to the strategy: the focus remains on the digitalisation of the business model and the orientation of the organisation towards future national and international growth.

The change of name will also have no effect on existing contracts and agreements. And cooperation with customers and partners will also continue as before. Private and commercial customers can lease new vehicles at favourable rates on the online platforms sixt-neuwagen.de and autohaus24.de as usual, taking advantage of flexible term mobility for every need and budget, self-configured or in stock with completely digital processing for maximum convenience - easy, fast and fair. Corporate customers continue to receive customised solutions with proven expertise as well as B2B-oriented mobility that meets all fleet leasing requirements. They can also optimise costs and driver satisfaction with digital solutions for fleet and mobility management.

Download: Portrait of Donglim Shin (Credit: Allane SE)

---
 

About Allane:

Allane 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.

Allane SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In financial year 2020, the Group generated consolidated revenue of EUR 748 million.


Contact:

Allane SE
Investor Relations
+49 89 74444 4518
[email protected]
 

About HCBE:

Hyundai Capital Bank Europe GmbH (HCBE) is the captive financial services provider of Hyundai Motor and KIA. The company is located in Frankfurt am Main. HCBE successfully passed the EU-wide standard bank approval procedure and received the German full-license from the European Central Bank in September 2016. Shareholders of the joint venture are Santander Consumer Bank AG und Hyundai Capital Services Inc.
 



05.08.2021 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.
Archive at www.dgap.de



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Jul 16, 2021

Álvaro Hernández to succeed Björn Waldow as member of the Managing Board of Sixt Leasing SE

DGAP-News: Sixt Leasing SE / Key word(s): Personnel
16.07.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

Álvaro Hernández to succeed Björn Waldow as member of the Managing Board of Sixt Leasing SE

Pullach, 16 July 2021 - Álvaro Hernández, currently CFO of Santander Consumer Finance Benelux B.V., succeeds Björn Waldow as a member of the Managing Board of Sixt Leasing SE and assumes responsibility for Finance, Risk and IT, among other areas. Björn Waldow will leave the company at his own request in fall.

Álvaro Hernández will be appointed as member of the Managing Board in October. He will join Sixt Leasing as a general representative as early as September 1, 2021, ensuring a seamless transition together with Björn Waldow. The appointment and the conclusion of the associated Managing Board employment contract are subject to the approval of the German Federal Financial Supervisory Authority (BaFin).

Jochen Klöpper, Chairman of the Supervisory Board of Sixt Leasing SE: "On behalf of the Supervisory Board, I am pleased to announce Álvaro Hernández as a new member of the Managing Board of Sixt Leasing SE. He has extensive international management experience both in the finance and automotive sector. I would also like to thank Björn Waldow for his dedicated service to the company. He has played a key role in shaping Sixt Leasing SE since its IPO and has made a significant contribution to its successful development."

Álvaro Hernández began his career in 2001 at Deloitte & Touche in Spain, where he worked as an auditor for five years. In the following ten years, he was responsible for the business of FCA Bank Group in Spain and Morocco as CFO. Since 2017, he has been CFO for Santander Consumer Finance's business in the Netherlands and Belgium. In his role as member of the Managing Board of Sixt Leasing SE, he will be responsible for Accounting, Controlling, Treasury, Investor Relations, Risk Management, Audit, Legal, Compliance, Information Security and IT.

Download: Portrait Álvaro Hernández (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 financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.sixt-leasing.com


Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



16.07.2021 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.
Archive at www.dgap.de



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Jul 14, 2021

Sixt Mobility Consulting extends 'Companion' app with electronic driver's licence check 'DriversCheck'

DGAP-News: Sixt Leasing SE / Key word(s): Product Launch
14.07.2021 / 10:30
The issuer is solely responsible for the content of this announcement.

Sixt Mobility Consulting extends "Companion" app with electronic driver's licence check "DriversCheck"

  • Fast, safe and efficient driving licence check via smartphone
  • "Companion" app already with more than 16,000 users

Pullach, 14 July 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, has equipped its smartphone app "The Companion" with the leading electronic driving licence check "DriversCheck". Thus, company car drivers of fleet customers can now check their driving licence entirely on their own and in real time - anytime and anywhere. Drivers and fleet managers are automatically notified by "DriversCheck" when a check is due. And all other control processes are also recorded automatically and reliably in the background. This eliminates the need for tedious scheduling and time-consuming documentation. Fleet managers can view the data via the "DriversCheck" portal and thus always keep an eye on all checks. They also have the option of creating reports. The "DriversCheck" convinces with simple set-up and operation and meets - also in terms of security and data protection - all legal requirements for driving licence checks.

Michael Poglitsch, Managing Director of Sixt Mobility Consulting GmbH: "With the integration of the leading electronic driving licence check 'DriversCheck', we are adding another innovative feature to our powerful 'Companion' app and further advancing the digitalisation of fleet management. At the same time, we are giving company car drivers and fleet managers a fast, secure and efficient solution with which they can cost-effectively and reliably fulfil one of the most important owner obligations in fleet management. Especially in times of Corona and home office, mobile applications such as 'Companion' and 'DriversCheck' offer a great advantage."

Companies are legally obliged to regularly check the driving licences of their employees. Failure to do so can result in fines and imprisonment, among other things. With the "DriversCheck" in the "Companion" app, SMC fleet customers are supported in all matters of owner obligation. The function will initially be rolled out to customers in Germany.

Intuitive operation
In order to carry out the electronic driver's licence check with the "Companion" app, users must install the "DriversCheck" app on their smartphone. Then they open the electronic driving licence check in the "Companion" app and select the tag-checkup for German paper driving licences or the tagless checkup for German EU card driving licences. The camera function is then started so that users can capture the security features of their driving licence. During the initial check, they receive an e-mail with a request for an identity check via Videoident procedure. Users with a card driving licence scan the front and the hologram on the back of their driving licence using the camera. Those with a paper driving licence capture the verification tag, which is placed on the licence by the fleet manager during the initial check and assigned to the corresponding driver. Once the tag has been successfully recognised, users can complete the check by entering a PIN.

Useful additional functions
Drivers can also use "DriversCheck" to call up checks that have already been carried out and display the details of the type of check carried out (own check or third-party check), the name of the checker and the time stamp. In addition, they can view the driver information stored for them (user name, driving licence number and tag number) and individually adjust basic settings such as password and PIN.

"Companion" success story
The "Companion" app was launched in autumn 2019 and is now used by more than 16,000 company car drivers. The solution is used in particular by large fleet customers, such as Siemens, and is continuously being further developed. "We are proud of what we have achieved so far with the 'Companion' app", says SMC Managing Director Michael Poglitsch. "The Companion is a blueprint for digital fleet management."

JPG downloads (Credits: Sixt Mobility Consulting GmbH):

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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
[email protected]



14.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Jun 29, 2021

Sixt Leasing SE: Annual General Meeting resolves to rename the Group 'Allane SE'

DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM
29.06.2021 / 14:39
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Annual General Meeting resolves to rename the Group "Allane SE"

Pullach, 29 June 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, successfully held its virtual Annual General Meeting 2021 in Pullach today. Approximately 96 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, in particular, the change of name of Sixt Leasing SE to "Allane SE" and the appropriation of distributable profits.

Change of name to "Allane SE"
The Annual General Meeting approved the proposal to change the name of Sixt Leasing SE to "Allane SE". The change of name is a first step on the way to an independent brand identity. In the coming years, the company will initially continue to operate under the previous brand names "Sixt Leasing", "Sixt Neuwagen" and "Sixt Mobility Consulting".

Dividend for the 2020 financial year
The Annual General Meeting also approved the proposal to distribute a dividend of EUR 0.02 per share for the 2020 financial year (previous year: EUR 0.90). The resolved dividend thus takes into account the constraints and challenges of the ongoing COVID-19 situation and corresponds to a pay-out ratio of just under 20 per cent of the consolidated profit in the 2020 financial year. The previously communicated target range of 30 to 60 per cent remains valid regardless of the pay-out ratio for the last financial year.

Future growth prospects
In his last speech as the Chairman of the Managing Board of Sixt Leasing SE, Michael Ruhl explained to the Annual General Meeting the future prospects of the company under the new company name "Allane SE" and the future umbrella brand "Allane Mobility Group". Accordingly, the proven business model of Sixt Leasing SE is to be continued. The strategic focus will continue to be on the digitalisation and internationalisation of the business model. In addition, the CEO addressed the impact of the current COVID-19 situation on Sixt Leasing's business development and confirmed the forecast for the 2021 financial year. He wished his successor Donglim Shin, who will take over as CEO on 1 July 2021, good luck.

Michael Ruhl, CEO of Sixt Leasing SE: "Our new company name 'Allane' is inspired by the street sign 'All Lanes' and thus stands for unlimited mobility possibilities. With our multi-brand one-stop-shop approach, our pan-European service, our pacing digital solutions and our financially strong major shareholder HCBE, we are ideally positioned to take off into a successful future as Allane SE and become the leading multi-brand provider of comprehensive mobility solutions."

All the information about the 2021 Annual General Meeting and the voting results are available on the website http://ir.sixt-leasing.com/agm.

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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 financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.sixt-leasing.com


Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



29.06.2021 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.

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Jun 21, 2021

Sixt Leasing launches innovative 'FleetIntelligence' analysis tool for fleet managers

DGAP-News: Sixt Leasing SE / Key word(s): Product Launch
21.06.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

Sixt Leasing launches innovative "FleetIntelligence" analysis tool for fleet managers

  • Maximum data transparency, improved processes and significant added value for customers thanks to state-of-the-art technology
  • High degree of customisability enables optimal adaptation to customer needs

Pullach, 21 June 2021 - Sixt Leasing, a specialist in the management and full-service leasing of large fleets, 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 state-of-the-art (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.

Patrick Kischkel, Managing Director Fleet Leasing at Sixt Leasing: "With 'FleetIntelligence' we are taking fleet management to the next level and offering our customers significant added value. In addition, with the roll-out of the application in our specialist departments, we are further advancing the digitalisation of our business model - and creating the prerequisite for further cost savings and efficiency increases."

Eric Nagel, Executive Manager Data Management at Sixt Leasing: "Our new 'FleetIntelligence' makes data analysis easier than ever before and enables fleet managers to look into the darkest corners of their fleet without much effort. This saves resources in their company and, on top of that, they also gain valuable insights into their fleet."

Extensive functions
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.

State-of-the-art technology
"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.

PNG-Download: "FleetIntelligence" module "Inventory" (Credit: Sixt Leasing SE)

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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 financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.sixt-leasing.com


Press contact Sixt Leasing:

Kirchhoff Consult
[email protected]



21.06.2021 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.
Archive at www.dgap.de



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May 26, 2021

Sixt Leasing SE: sixt-neuwagen.de and autohaus24.de receive 'Germany's Best Online Portals 2021' award

DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous
26.05.2021 / 14:28
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: sixt-neuwagen.de and autohaus24.de receive "Germany's Best Online Portals 2021" award

Pullach, 26 May 2021 - A raft of prizes for two Sixt Leasing brands: the websites sixt-neuwagen.de and autohaus24.de have been awarded the consumer award "Germany's Best Online Portals 2021" in the category "New Car Portals" by the news channel n-tv and the German Institute for Service Quality (DISQ). sixt-neuwagen.de is thus among the winners for the fifth time in a row and autohaus24.de for the third time in a row. For this year's consumer award, around 45,000 customer opinions were obtained and over 640 providers were evaluated.

Michael Ruhl, CEO of Sixt Leasing SE: "The renewed award for our websites sixt-neuwagen.de and autohaus24.de shows that we can inspire our customers with individual mobility offers and excellent service even in times of contact restrictions."

In addition to the award "Germany's Best Online Portals 2021", autohaus24.de also received a high customer recommendation in a study by the BILD newspaper and the rating agency ServiceValue. For this purpose, more than 900,000 consumers were surveyed and a total of 2,340 companies and providers from 204 industries were considered.

Josef Finauer and Werner König, Managing Directors of autohaus24 GmbH: "We would like to express our sincere thanks to consumers for their high level of trust. The awards for autohaus24.de spur us on to further expand our position as one of the leading online car dealerships in Germany and to always put customers first."

On sixt-neuwagen.de and autohaus24.de, private and commercial customers can lease new vehicles at favourable rates. They have the option of choosing from over 30 brands, configuring their desired vehicle and using vario financing as an alternative to classic leasing. In addition, sixt-neuwagen.de offers stock cars that can be delivered quickly, while autohaus24.de offers a search for suitable used cars with a warranty. Furthermore, customers can take advantage of personal advice on both portals.

Photos of the award winners:

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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 financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.sixt-leasing.com


Press contact Sixt Leasing:

Kirchhoff Consult
[email protected]



26.05.2021 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.
Archive at www.dgap.de



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May 19, 2021

Sixt Leasing SE: Business development in first quarter of 2021 further impacted by COVID-19 pandemic - Outlook for 2021 confirmed

DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results
19.05.2021 / 08:02
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Business development in first quarter of 2021 further impacted by COVID-19 pandemic - Outlook for 2021 confirmed

  • Business development in the first quarter of 2021 in line with expectations
  • Further successful digitalisation of the business model
  • Outlook 2021: Slight increase in Group contract portfolio, consolidated operating revenue in the range of previous year's figure and EBT in a higher single-digit million euro amount to be expected

Pullach, 19 May 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has developed in line with expectations in the first quarter of 2021. Business development continued to be affected in particular by the COVID-19 pandemic. The Group contract portfolio decreased slightly in the period from the end of December 2020 to the end of March 2021. Consolidated operating revenue showed a significant year-on-year decline. Consolidated earnings before taxes (EBT) were very sharply below the prior-year level. The forecast issued in March continues to apply for the 2021 financial year.

Business development
In the first quarter of 2021, Sixt Leasing achieved several milestones in the digitalisation of its business model. Firstly, a new smartphone app for fleet customers was launched, which makes it easier for company car drivers to manage their leasing contract and thus increases efficiency in fleets. In addition, the realignment of the subsidiary autohaus24 as one of the leading online car dealerships for new and used cars in Germany was driven forward and a rebranding of the brand presence was carried out. Moreover, a completely digital ordering process was introduced on sixt-neuwagen.de, enabling private customers to conclude contracts conveniently and securely from home or on the road. Via sixt-neuwagen.de, Sixt Leasing also launched an initial campaign as the starting point for a longer-term cooperation with Vehiculum to market attractive new cars on the Internet.

The contract portfolio in the Online Retail business field decreased by 2.3 per cent to 37,800 contracts in the period from the end of December 2020 to the end of March 2021, mainly due to a continued weak new business volume. The contract portfolio in the Fleet Leasing business field fell by 3.5 per cent to 36,500 contracts. In the Fleet Management business unit, the contract portfolio increased by 0.7 per cent to 53,900 contracts. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) fell slightly by 1.4 per cent to 128,100 contracts.

Consolidated revenue in the first quarter of 2021 decreased by 6.3 per cent to EUR 186.7 million compared to the same period in the previous year. This is mainly due to the decline in operating revenue. Operating revenue, which does not include proceeds from vehicle sales, decreased by 14.5 per cent to EUR 97.7 million. A major impact on the decline in operating revenue was attributable to the third "lockdown" due to the ongoing COVID-19 pandemic, which lasted throughout the full first quarter of 2021, in contrast to the prior-year quarter, which was not burdened to the same extent by the COVID-19 pandemic. This third "lockdown" resulted, among other things, in a significantly reduced vehicle usage, causing in particular a decline in usage-related revenues, such as fuel revenues and revenue from individual service products. Moreover, leasing revenue (finance rate) decreased compared to the first quarter of 2020 due to the decline in the contract portfolio of the Leasing business unit. Sales revenue from the sale of leasing returns and marketing of customer vehicles in Fleet Management increased by 4.7 per cent to EUR 89.0 million. Among other things, this increase was due to the fact that fewer vehicles were sold in the prior-year quarter as a result of the extensive restrictions on stationary motor vehicle sales during the first "lockdown" caused by the COVID-19 pandemic.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) decreased in the first three months of 2021 by 16.1 per cent to EUR 47.2 million compared to the same period in the previous year. As expected, earnings before taxes (EBT) saw a decline of 82.5 per cent to EUR 1.0 million. The operating return on revenue (EBT/operating revenue) consequently amounted to 1.0 per cent (Q1 2020: 4.9 per cent). Consolidated profit decreased by 84.0 per cent to EUR 0.6 million. The lower EBT is in line with expectations and is mainly due to the market and business environment, which was strongly negatively impacted by the COVID-19 pandemic, as it was still burdened by transaction-related costs incurred in connection with the company being taken over by Hyundai Capital Bank Europe GmbH (HCBE).

Michael Ruhl, CEO of Sixt Leasing SE: "The economic environment remains challenging due to the Corona pandemic. Nevertheless, we successfully advanced the digitalisation of our business model in the first quarter. We will continue to consistently implement our strategy and are thus well positioned to meet the continuing high demand for mobility - especially after the lifting of contact restrictions."

Besides the further digitalisation of products, services, and internal processes, Sixt Leasing is planning to introduce a mobility budget in the Fleet Management business unit in the 2021 financial year among other things. This is intended to give fleet customers' employees the option - as an alternative or supplement to the company car - of using means of transport such as bus, rail, bicycle, car sharing or taxi. Another focus will be on diversifying the customer portfolio in the Fleet Leasing business field with smaller fleets and especially on service quality.

Outlook
The Managing Board confirms the outlook published on 24 March 2021. Accordingly, it expects a slight increase in the Group contract portfolio compared to the previous year (2020: 129,900 contracts) and 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).

The reason for the cautious forecast for the full year 2021 is, in addition to the operating business development in the 2021 financial year to date, primarily the ongoing COVID-19 situation. In this respect, the company assumes that the market and business environment will continue to be strongly negatively impacted by the COVID-19 pandemic and expects a recovery in business development in the second half of 2021 at the earliest. In addition, consolidated earnings will also be burdened in the 2021 financial year by transaction-related costs in connection with the takeover of the company by HCBE.

The Group's Quarterly Statement as of 31 March 2021 can be downloaded from https://ir.sixt-leasing.com/interim-reports.

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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 financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.sixt-leasing.com


Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]


The Sixt Leasing Group in Q1 2021 at glance1

       
Revenue development
in EUR million
Q1 2021
 
Q1 2020
 
Change
in %
    Operating revenue 97.7 114.3 -14.5
    Sales revenue 89.0 85.0 4.7
Consolidated revenue 186.7 199.3 -6.3
    Thereof Leasing business unit 161.7 169.6 -4.7
        Thereof leasing revenue (finance rate) 51.9 54.9 -5.5
        Thereof other revenue from leasing business 33.1 46.1 -28.2
        Thereof sales revenue 76.7 68.6 11.8
    Thereof Fleet Management business unit 25.0 29.7 -15.9
        Thereof fleet management revenue 12.7 13.3 -4.5
        Thereof sales revenue 12.3 16.4 -25.1
       
Earnings development
in EUR million
Q1 2021
 
Q1 2020
 
Change
in %
Fleet expenses and cost of lease assets 120.8 128.6 -6.1
Personnel expenses 12.8 10.2 26.3
Net other operating income/expense -5.8 -4.2 -38.2
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 47.2 56.3 -16.1
Depreciation and amortisation expense 44.5 47.9 -7.1
Net finance costs -1.8 -2.8 37.4
Earnings before taxes (EBT) 1.0 5.6 -82.5
    Thereof Leasing business unit 1.0 4.8 -80.0
    Thereof Fleet Management business unit 0.0 0.8 -97.7
Operating return on revenue (in %)2 1.0 4.9 -3.9 points
Income tax expense 0.4 1.8 -79.3
Consolidated profit 0.6 3.8 -84.0
Earnings per share (in EUR) 0.03 0.18 -
       
Contract portfolio
 
31/03/21
 
31/12/20
 
Change
in %
Group contract portfolio 128,100 129,900 -1.4
    Thereof Online Retail business field 37,800 38,600 -2.3
    Thereof Fleet Leasing business field 36,500 37,800 -3.5
    Thereof Fleet Management business unit 53,900 53,500 0.7
       
Balance sheet figures
in EUR million
31/03/21
 
31/12/20
 
Change
in %
Total assets 1,283.5 1,295.6 -0.9
Lease assets 1,071.1 1,092.5 -2.0
Financial liabilities 917.3 935.9 -2.0
Equity 213.6 212.9 0.3
Equity ratio (in %)
 
16.6
 
16.4
 
0.2 points
       
Cash Flow
in EUR million
Q1 2021
 
Q1 2020
 
Change
in %
Gross Cash flow 36.8 49.3 -25.3
Investments in lease assets 89.0 120.4 -26.1
       
 

1 Rounding differences possible
2 Ratio of EBT to operating revenue



19.05.2021 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.
Archive at www.dgap.de



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Apr 28, 2021

Sixt Leasing SE publishes Annual Report 2020

DGAP-News: Sixt Leasing SE / Key word(s): Annual Report/Annual Results
28.04.2021 / 08:13
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE publishes Annual Report 2020

  • Business development 2020 in line with expectations
  • Forecast for the 2021 financial year confirmed - focus on digitalisation

Pullach, 28 April 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has published its Annual Report 2020. Accordingly, there were no deviations from the preliminary annual figures which had already been published in March 2021. The business development in 2020 is in line with the expectations adjusted in July and October 2020. The forecast issued in March continues to apply for the 2021 financial year.

Business development
In 2020, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 4.6 per cent to 129,900 contracts compared to the previous year. Consolidated revenue fell by 9.3 per cent to EUR 747.7 million. Consolidated operating revenue, which does not include the proceeds from vehicle sales, decreased by 9.6 per cent to EUR 423.3 million. Sales revenues for lease returns and marketed customer vehicles in fleet management decreased by 8.9 per cent to EUR 324.4 million.

Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) declined by 9.1 per cent to EUR 211.4 million. Consolidated earnings before taxes (EBT) fell by 68.9 per cent to EUR 9.1 million due to various special effects. As a result, the operating return on revenue (EBT/operating revenue) was 2.2 per cent (2019: 6.3 per cent). Consolidated profit decreased by 89.9 per cent to EUR 2.2 million. Adjusted for one-off and extraordinary effects from the takeover of the company by Hyundai Capital Bank Europe GmbH as well as the increased risk provisioning in connection with vehicle residual values, EBT ("adjusted EBT") amounted to EUR 20.8 million.

Dividend proposal
The Managing Board of Sixt Leasing SE is considering proposing a dividend of EUR 0.02 per share for the 2020 financial year to the Annual General Meeting on June 29, 2021, taking into account the restrictions and challenges of the ongoing COVID-19 situation. The exact dividend proposal is subject to the approval of the Supervisory Board and will be published with the agenda for the 2021 Annual General Meeting, taking into account any expectations of the supervisory authorities in this respect. The dividend proposal of the Managing Board corresponds to a pay-out ratio of just under 20 per cent of consolidated net profit in the 2020 financial year. The previously communicated target range of 30 to 60 per cent remains unchanged regardless of the pay-out ratio for the last financial year.

Michael Ruhl, CEO of Sixt Leasing SE: "In 2021, we want to continue to successfully drive forward the digitalisation of our products, services and internal processes. In addition, we plan to introduce a mobility budget for fleet customers and expand our business model to include used car leasing. Another focus will be on the acquisition of smaller fleet customers and especially on service quality."

In the first quarter of 2021, Sixt Leasing achieved three further milestones in the implementation of its strategy with the launch of a new fleet customer app, the rebranding and reorientation of its autohaus24 subsidiary and the introduction of a completely digital ordering process for private customers on sixt-neuwagen.de. In addition, Sixt Leasing has launched a long-term cooperation with Vehiculum via sixt-neuwagen.de to market attractive new cars on the Internet.

Outlook
The Managing Board confirms the forecast published on March 24, 2021. Accordingly, it expects a slight increase in the Group contract portfolio for the current 2021 financial year compared to the previous year (2020: 129,900 contracts) and 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).

The reason for the cautious forecast for the full year 2021 is, in addition to the operating business development in the 2021 financial year to date, primarily the ongoing COVID-19 situation. In this respect, the company assumes that the market and business environment will continue to be strongly negatively impacted by the COVID-19 pandemic and expects a recovery in business development in the second half of 2021 at the earliest.

In addition, consolidated earnings will also be burdened in the 2021 financial year by transaction-related costs in connection with the takeover of the company by Hyundai Capital Bank Europe GmbH.

In this context, 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) according to the Managing Board's estimates.

The complete forecast for the 2021 financial year is included in the Annual Report 2020 of Sixt Leasing SE. This can be accessed at http://ir.sixt-leasing.com/annual-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 financial year 2020, the Group generated consolidated revenue of EUR 748 million.

www.sixt-leasing.com


Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



28.04.2021 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.
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Apr 19, 2021

Sixt Leasing introduces digital ordering process on sixt-neuwagen.de

DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous
19.04.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

Sixt Leasing introduces digital ordering process on sixt-neuwagen.de

Pullach, 19 April 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, has launched a completely digital ordering process on sixt-neuwagen.de. This allows private customers to order their dream car easily and conveniently online and from home. Further information on the ordering process is available at https://www.sixt-neuwagen.de/fragen-antworten/bestellprozess.

Michael Ruhl, CEO of Sixt Leasing SE: 'Our digital ordering process on sixt-neuwagen.de is fast, convenient and secure. Identification is done with the help of our partner IDnow. This means that our customers no longer have to go to the nearest post office to do this. And our online procedure also eliminates the need to print out application documents. Thereby, we are taking the customer experience to the next level and reaching another milestone in the digitalisation of the business model.'

The digital ordering process has already proven itself in a similar form as part of last year's special promotion with PAYBACK, in which the Kia Stonic 'VISION' was marketed. Now private customers can use the process on sixt-neuwagen.de on a permanent basis.

On sixt-neuwagen.de, customers have the option of configuring their new car individually or ordering an already available stock car. They can choose vehicles from around 35 brands and benefit from particularly favourable prices and optional service products.

---

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.

www.sixt-leasing.com


Press contact:

Kirchhoff Consult
[email protected]

 



19.04.2021 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.
Archive at www.dgap.de



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Mar 24, 2021

Sixt Leasing SE: Business development in 2020 in line with expectations - Forecast for 2021 published

DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results/Forecast
24.03.2021 / 08:54
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Business development in 2020 in line with expectations - Forecast for 2021 published

  • Further milestones achieved in the digitalisation of products, services and internal processes
  • Group contract portfolio and consolidated operating revenue impacted in particular by COVID-19 pandemic
  • Consolidated earnings before taxes (EBT) burdened in particular by increased risk provisioning and transaction-related costs
  • Outlook: Slight increase in Group contract portfolio, consolidated operating revenue in the range of previous year's figure and EBT in a higher single-digit million euro amount to be expected in 2021

Pullach, 24 March 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as a specialist in the management and full-service leasing of large fleets, developed overall in line with expectations in the 2020 financial year. Business performance was particularly affected by the impact of the COVID-19 pandemic on the overall economic situation. According to preliminary calculations, the Group's contract portfolio and consolidated operating revenue declined compared to the previous year. Consolidated earnings before taxes (EBT) were very significantly below the previous year's level.

Business development
In the 2020 financial year, the expansion of the digital product and service portfolio in particular was further advanced. In the Online Retail business field, Sixt Leasing launched a sales cooperation with PAYBACK via its online platform sixt-neuwagen.de to market a Kia Stonic "VISION" to private customers. In addition, autohaus24.de was honored with the consumer award "Germany's Best Online Portals 2020" in the category "New Car Portals" from the news channel n-tv and the German Institute for Service Quality, and received the rating "High Recommendation" in the category "Car Leasing: Online Providers" in the FOCUS-MONEY study "Recommended by Customers".

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". In the Fleet Leasing business field, Sixt Leasing digitised vehicle handover and return at its locations. In addition, the company was again voted best leasing provider by the readers of AUTO BILD after 2018 and received the "Company Car Award".

The contract portfolio in the Online Retail business field fell by 12.8 per cent to 38,600 contracts in the period from the end of December 2019 to the end of December 2020, particularly burdened by a reduced number of 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 the Fleet Leasing business field declined by 6.6 per cent to 37,800 contracts, which was also due in particular to the pandemic. In the Fleet Management business unit, the contract portfolio increased by 3.9 per cent to 53,500 contracts. Overall, the Group's contract portfolio (excluding franchise and cooperation partners) thus decreased by 4.6 per cent to 129,900 contracts.

Consolidated revenue fell by 9.3 per cent year-on-year to EUR 747.7 million in the 2020 financial year. Consolidated operating revenue, which does not include the proceeds from vehicle sales, decreased by 9.6 per cent to EUR 423.3 million. This is mainly due to the significantly reduced vehicle utilisation as a result of the COVID-19-related contact restrictions and the associated decline in utilisation-related revenues. Sales revenues for lease returns and marketed customer vehicles in Fleet Management decreased by 8.9 per cent to EUR 324.4 million. This decline resulted on the one hand from the very strong first quarter of the previous year with a very high number of lease returns sold in the Online Retail business field and on the other hand from the restrictions on stationary motor vehicle sales, particularly during the first half of 2020, due to the COVID-19 pandemic.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined by 9.1 per cent to EUR 211.4 million in 2020. Consolidated earnings before taxes (EBT) fell by 68.9 per cent to EUR 9.1 million due to various special effects. As a result, the operating return on revenue (EBT/operating revenue) was 2.2 per cent (2019: 6.3 per cent). Consolidated profit decreased by 89.9 per cent to EUR 2.2 million compared to the same period in the previous year.

The lower EBT is in line with the adjusted expectations of 20 July 2020 and is due, among other things, to the volume effect in the marketing area described above, temporary sales support measures as well as increased marketing expenses at the beginning of the year. Furthermore, EBT was burdened by transaction-related costs in connection with the takeover of Sixt Leasing SE by Hyundai Capital Bank Europe GmbH (HCBE) as well as additional risk provisioning requirements for residual values amounting to a mid single-digit million euro figure. EBT adjusted for one-off and extraordinary effects from the takeover as well as risk provisioning amounted to EUR 20.8 million in the 2020 financial year.

Michael Ruhl, CEO of Sixt Leasing SE: "The digitalisation of our products, services and internal processes continues to progress. With the launch of our fleet customer app, the rebranding and realignment of our subsidiary autohaus24 and the introduction of a completely digital ordering process for private customers on sixt-neuwagen.de, we reached three further milestones in the implementation of our strategy in the first quarter of 2021. In addition, we have launched a long-term cooperation with Lidl and Vehiculum to market attractive new cars on the Internet."

Besides the further digitalisation of new car sales in the Online Retail business field, Sixt Leasing is also planning to introduce a mobility budget in the Fleet Management business unit in the 2021 financial year. This is intended to give fleet customers' employees the option - as an alternative or supplement to the company car - of using means of transport such as bus, rail, bicycle, car sharing or taxi. Another focus will be on diversifying the customer portfolio in the Fleet Leasing business field with smaller fleets and especially on service quality. In addition, the business model is to be expanded to include used car leasing.

Outlook
For the current financial year 2021, the Managing Board expects a slight increase in the Group contract portfolio compared to the previous year (2020: 129,900 contracts) and 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).

The reason for the cautious forecast for the full year 2021 is, in addition to the operating business development in the 2021 financial year to date, primarily the ongoing COVID-19 situation. In this respect, the company assumes that the market and business environment will continue to be strongly negatively impacted by the COVID-19 pandemic and expects a recovery in business development in the second half of 2021 at the earliest.

This assessment assumes that the current measures to combat the Corona pandemic will take effect in the further course of the year. These include in particular the vaccination campaign launched at the end of 2020, which of course depends significantly on the availability of suitable vaccines, and the increasing availability of rapid tests. In addition, the assessment assumes that the exit strategies from crisis mode currently being worked out by the governments at federal and state level will be successful and that the economy will pick up again from the second half of the year. Furthermore, the company assumes that the extensive financial support measures currently adopted or still to be adopted by the federal and state governments will cushion the economically negative effects on the national economies.

In addition, consolidated earnings will also be burdened in the 2021 financial year by transaction-related costs in connection with the takeover of the company by HCBE.

In this context, 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) according to the Managing Board's estimates. This assessment takes into account the internal accounting status including February 2021 and the expected development in the current March.

---

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 2020, the Group generated consolidated revenue of EUR 748 million.

www.sixt-leasing.com


Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



24.03.2021 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.
Archive at www.dgap.de



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Mar 22, 2021

Sixt Leasing appoints Mr. Donglim Shin to succeed Michael Ruhl as CEO

DGAP-News: Sixt Leasing SE / Key word(s): Personnel
22.03.2021 / 10:49
The issuer is solely responsible for the content of this announcement.

Sixt Leasing appoints Mr. Donglim Shin to succeed Michael Ruhl as CEO

Pullach, 22 March 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 announced today that the current CEO Michael Ruhl will leave the company at his own request as of 30 June 2021. Effective 1 July 2021, Donglim Shin, current President and CEO of Hyundai Capital Canada, has been appointed as his successor. The appointment and the conclusion of the associated Managing Board employment contract are subject to the approval of the German Federal Financial Supervisory Authority (BaFin). Donglim Shin will join the company already on 1 April 2021 in order to ensure a seamless transition period together with Michael Ruhl.

Jochen Klöpper, Chairman of the Supervisory Board of Sixt Leasing SE: "On behalf of the Supervisory Board, we thank Michael Ruhl for his services to the company and his significant contributions to the successful development of the past years. With the appointment of Donglim Shin, we have named a strong successor to the CEO position at an early time. Donglim Shin is an excellent choice as he has long-standing, international experience in the fields of automotive finance and leasing. On behalf of the Supervisory Board and all employees, I wish him all the best and much success in his new role."

Donglim Shin, future CEO of Sixt Leasing SE: "I am honored by the confidence which is expressed through this appointment. I am looking forward to shaping the future of Sixt Leasing SE together with my fellow board member Björn Waldow and a great team. The know-how, innovation potential and successful multi-branded business model of Sixt Leasing form a strong platform for growth. After a challenging year 2020, we are fully committed on strengthening our leading market position in our German home market in all three business fields Online Retail, Fleet Leasing and Fleet Management again and driving future growth. Moreover, we will further leverage the expertise, resources and diverse business opportunities of our two shareholders as large multinational groups with complementary expertise to further strengthen our business to become the leading provider of comprehensive auto-mobility solutions in Europe."

Donglim Shin started his career at Korea Long Term Credit Bank in 1995 and held various leadership positions in the banking and automotive industry across different companies. He was appointed President and CEO of Hyundai Capital Canada in 2018 and has been successfully driving the company's business growth in auto leasing and financing over the past years.

Downloads (Credit: Sixt Leasing SE):

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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.

www.sixt-leasing.com


Press contact Sixt Leasing:

Stefan Vogel
+49 (0)89 74444-5169
[email protected]



22.03.2021 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.
Archive at www.dgap.de



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Feb 23, 2021

Sixt Leasing SE digitalises vehicle handover and return process

DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous
23.02.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE digitalises vehicle handover and return process

  • More efficiency and transparency
  • Recording and logging of all steps via smartphone app
  • Roll-out initially at the locations in Frankfurt, Berlin and Munich

Pullach, 23 February 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, 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.

Josef Finauer, Managing Director Maintenance & Damage of Sixt Leasing SE: "Thanks to the digital recording of logistics processes, vehicle handover and return at our locations in Frankfurt, Berlin and Munich is now even more efficient and transparent. This benefits not only us as lessor, but also our customers in particular. The photo logs created with the smartphone build additional trust."

The new app was developed for Android devices in cooperation with the Hüsges Group. It can be used flexibly and is suitable for vehicle handover and return at any location. Sixt Leasing's goal is to roll out the app at the more than 30 Sixt SE stations where Sixt Leasing customers can pick up or return vehicles.

Tobias Gawor, Director Logistics of Sixt Leasing SE: "The app-based vehicle handover is an important, further step in the consistent digitalisation and automation of our processes. In addition to the positive customer experience, I am particularly pleased for our employees at the stations that we can now provide them with an intuitive and very advanced tool. And our back office and logistics partners will also benefit from the faster and automated availability of all relevant information. As a result, we now no longer use paper at all in our standard processes. We will also be scaling up and expanding the use of the app for vehicle handovers at our dealerships and doorstep deliveries over the course of the year."

Peter Damme, Senior Manager Product Management of Sixt Leasing SE: "With the SML, we were able to build a cloud software platform with which we can quickly develop new logistics processes and have the option of digitally connecting our internal contract software as well as external service providers. We have already achieved this with great success in the deregistration process. The next feature is already in preparation and will follow shortly as an SML update. This will enable us to optimize further processes."

Downloads (Credit: Sixt Leasing SE):

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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.

www.sixt-leasing.com
 

Press contact:

Kirchhoff Consult
[email protected]



23.02.2021 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.
Archive at www.dgap.de



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Jan 19, 2021

Sixt Leasing SE: autohaus24 GmbH with new brand identity - Used car locations in Frankfurt, Berlin and Munich

DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous
19.01.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: autohaus24 GmbH with new brand identity - Used car locations in Frankfurt, Berlin and Munich

Pullach, 19 January 2021 - autohaus24 GmbH, one of the leading online car dealerships in Germany and a wholly owned subsidiary of Sixt Leasing SE, is now presenting itself in a new look: both the brand logo and the autohaus24.de website have been completely redesigned. In addition, the used car locations of Sixt Leasing in Frankfurt-Egelsbach, Berlin-Adlershof and Munich-Eching are now operating under the autohaus24 brand.

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):

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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.

www.sixt-leasing.com


Press contact:

Kirchhoff Consult
[email protected]



19.01.2021 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.
Archive at www.dgap.de



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Jan 13, 2021

Sixt Leasing SE launches smartphone app for fleet customers

DGAP-News: Sixt Leasing SE / Key word(s): Market launch
13.01.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

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:

  • Simple and secure registration by name and registration number or contract number

Home:

  • Content and functions tailored to the user
  • Overview of booked tyre and workshop appointments
  • Always up to date through selected leasing news

Profile:

  • View of contact, contract and vehicle data (e.g. duration, mileage, contract number)
  • Reminder before delivery of a new vehicle
  • Function for independent editing of individual data

Service:

  • Display of the digital service map with all service details
  • Display of the fuel cards deposited in the contract, including the possibility of blocking or replacing individual cards
  • Partner finder with all workshop and tyre partners relevant to the leasing contract
  • Contact information of the individual service partners
  • Direct navigation to the desired service partner
  • Simple and secure booking of appointments for tyre changes and inspections incl. reminder function

Damage:

  • Online registration of new damage
  • Direct contact to police and emergency call via click-to-call function
  • Direct contact to Assistance

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):

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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.

www.sixt-leasing.com
 

Press contact:

Kirchhoff Consult
[email protected]



13.01.2021 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.
Archive at www.dgap.de



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Jan 12, 2021

Successful merger of Flottenmeister GmbH with Sixt Mobility Consulting GmbH

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
[email protected]  

Dec 10, 2020

Sixt Leasing SE: Successful Extraordinary General Meeting 2020

DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM
10.12.2020 / 15:18
The issuer is solely responsible for the content of this announcement.

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.

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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.

www.sixt-leasing.com


Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



10.12.2020 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.
Archive at www.dgap.de



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Dec 03, 2020

Sixt Leasing SE again wins the 'Company Car Award' of AUTO BILD as best leasing provider

DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous
03.12.2020 / 13:00
The issuer is solely responsible for the content of this announcement.

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):

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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.

www.sixt-leasing.com


Press contact Sixt Leasing:

Kirchhoff Consult
[email protected]



03.12.2020 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.
Archive at www.dgap.de



show this

Nov 11, 2020

Sixt Leasing SE: Operating business development in the first nine months of 2020 in line with expectations

DGAP-News: Sixt Leasing SE / Key word(s): 9 Month figures
11.11.2020 / 08:30
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Operating business development in the first nine months of 2020 in line with expectations

  • Further expansion of the digital product and service portfolio
  • Group contract portfolio with a slight decline in the first three quarters of 2020 - Increase of nearly four per cent compared to 30 September 2019
  • Consolidated operating revenue particularly impacted by COVID-19 pandemic
  • Consolidated earnings before taxes (EBT) mainly burdened by increased risk provisioning and transaction-related costs
  • Managing Board confirms reduced forecast for 2020

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 first nine months of 2020, the expansion of the digital product and service portfolio in particular was further advanced. In the Online Retail business field, Sixt Leasing launched a sales cooperation with PAYBACK via its online platform sixt-neuwagen.de to market a Kia Stonic "VISION" to private customers. In addition, autohaus24.de was honored with the consumer award "Germany's Best Online Portals 2020" in the category "New Car Portals" from the news channel n-tv and the German Institute for Service Quality, and received the rating "High Recommendation" in the category "Car Leasing: Online Providers" in the FOCUS-MONEY study "Recommended by Customers".

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
As the Managing Board of Sixt Leasing SE announced in its ad-hoc release on 21 October 2020, the expectation for the 2020 financial year - as communicated on 20 March 2020 - presuming a slight year-on-year increase in the Group's contract portfolio and of consolidated operating revenue at approximately the same level as in the previous year can probably not be realized. This is due to a weaker-than-expected business development in the third quarter of 2020 and the prospect of a continuing or even worsening COVID-19 situation in the fourth quarter of 2020. For the current financial year, the Managing Board expects that both the Group contract portfolio and its consolidated operating revenue will probably be significantly below the corresponding figures of last year.

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.

www.sixt-leasing.com


Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]


The Sixt Leasing Group in 9M 2020 at glance1

       
Revenue development
in EUR million
9M
2020
9M
2019
Change
in %
    Operating revenue 319.9 350.0 -8.6
    Sales revenue 245.4 283.0 -13.3
Consolidated revenue 565.3 633.0 -10.7
    Thereof Leasing business unit 485.3 555.3 -12.6
        Thereof leasing revenue (finance rate) 163.2 167.7 -2.7
        Thereof other revenue from leasing business 119.5 142.9 -16.3
        Thereof sales revenue 202.6 244.8 -17.2
    Thereof Fleet Management business unit 79.9 77.7 2.9
        Thereof fleet management revenue 37.2 39.4 -5.7
        Thereof sales revenue 42.8 38.2 11.9
       
Earnings development
in EUR million
9M
2020
9M
2019
Change
in %
Fleet expenses and cost of lease assets 359.4 418.9 -14.2
Personnel expenses 31.6 31.3 1.0
Net other operating income/expense -15.6 -11.1 -40.1
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 158.6 171.6 -7.6
Depreciation and amortisation expense 145.1 141.1 2.9
Net finance costs -8.4 -9.0 6.9
Earnings before taxes (EBT) 5.2 21.5 -76.0
    Thereof Leasing business unit 3.2 18.6 -82.9
    Thereof Fleet Management business unit 2.0 2.9 -31.8
Operating return on revenue (in %)2
 
1.6
 
6.2
 
-4.5 points
Income tax expense 1.7 5.4 -67.9
Consolidated profit 3.4 16.1 -78.7
Earnings per share (in EUR) 0.17 0.78 -
       
Contract portfolio
 
30 Sep 2020 31 Dec 2019 Change
in %
Group contract portfolio 131,900 136,200 -3.2
    Thereof Online Retail business field 40,000 44,300 -9.9
    Thereof Fleet Leasing business field 38,900 40,400 -3.7
    Thereof Fleet Management business unit 53,000 51,500 3.0
       
Balance sheet figures
in EUR million
30 Sep 2020 31 Dec 2019 Change
in %
Total assets 1,349.7 1,328.9 1.6
Lease assets 1,091.8 1,119.7 -2.5
Financial liabilities 989.9 948.2 4.4
Equity 214.0 229.2 -6.6
Equity ratio (in %)
 
15.9
 
17.2
 
-1.3 points
       
Cash Flow
in EUR million
9M
2020
9M
2019
Change
in %
Gross Cash flow 146.1 150.6 -3.0
Investments in lease assets 313.8 294.6 6.5
       
 

1 Rounding differences possible
2 Ratio of EBT to operating revenue



11.11.2020 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.
Archive at www.dgap.de



show this

Oct 05, 2020

Sixt Leasing SE: autohaus24 GmbH appoints Werner König as Co-Managing Director

DGAP-News: Sixt Leasing SE / Key word(s): Personnel
05.10.2020 / 10:05
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: autohaus24 GmbH appoints Werner König as Co-Managing Director

Pullach, 5 October 2020 - autohaus24 GmbH, one of the leading online new car brokers in Germany and a wholly-owned subsidiary of Sixt Leasing SE, has appointed Werner König as Managing Director. He replaces Mr. Michael Ruhl, who continues to serve as the Chief Executive Officer of Sixt leasing SE. Mr. König shares the management of autohaus24 with Mr. Josef Finauer, who has held this position since April 2020.

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.

www.sixt-leasing.com
 

Press contact Sixt Leasing:

Kirchhoff Consult
[email protected]



05.10.2020 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.
Archive at www.dgap.de



show this

Aug 12, 2020

Sixt Leasing SE: Operating business development in the first half of 2020 in line with expectations

DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results/Interim Report
12.08.2020 / 08:30
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Operating business development in the first half of 2020 in line with expectations

  • Group contract portfolio in the first six months of 2020 almost stable - Significant increase compared to 30 June 2019
  • Consolidated operating revenue impacted by COVID-19 pandemic, as expected
  • Consolidated earnings before taxes (EBT) in particular burdened by increased risk provisioning and transaction-related costs
  • Managing Board continues to expect business development to recover in the second half of the year

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
In the first half of 2020, the expansion of the digital product and service portfolio in particular was further advanced. In the Online Retail business field, Sixt Leasing launched a sales cooperation with PAYBACK via its online platform sixt-neuwagen.de to market a Kia Stonic "VISION" to private customers. In addition, autohaus24.de was honored with the consumer award "Germany's Best Online Portals 2020" in the category "New Car Portals" from the news channel n-tv and the German Institute for Service Quality, and received the rating "High Recommended" in the category "Car Leasing: Online Providers" in the FOCUS-MONEY study "Recommended by Customers". 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, could be gained 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 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
According to the last publication under capital market law, HCBE holds just over 92 per cent of the ordinary shares and voting rights of Sixt Leasing SE since the completion of the voluntary public takeover offer. The strategic partnership with the new major shareholder enables Sixt Leasing to jointly exploit new growth opportunities. The integration of Sixt Leasing into the group of the two international and financially strong groups Santander and Hyundai also offers the opportunity to further optimise the Company's financing structure.

Outlook
For the 2020 financial year, the Managing Board continues to expect a slight increase in the Group's contract portfolio and consolidated operating revenue to be approximately on the previous year's level. However, in accordance with the reduced earnings forecast issued on 20 July 2020, the Managing Board assumes that the earnings forecast published on 20 March 2020 cannot be realised in regard to EBT and that the 2020 annual result will also be burdened by further one-off transaction-related costs in the second half of 2020 to the expected extent. The one-off transaction-related costs in the first half of 2020 are included in the reduced earnings forecast.

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.

www.sixt-leasing.com


Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]


The Sixt Leasing Group in H1 2020 at a glance1

       
Revenue development
in EUR million
H1
2020
H1
2019
Change
in %
   Operating revenue 214.1 232.5 -7.9
   Sales revenue 156.2 195.5 -20.1
Consolidated revenue 370.3 428.0 -13.5
   Thereof Leasing business unit 318.4 379.7 -16.1
      Thereof leasing revenue (finance rate) 109.5 112.0 -2.3
      Thereof other revenue from leasing business 80.7 95.4 -15.5
      Thereof sales revenue 128.3 172.2 -25.5
   Thereof Fleet Management business unit 51.8 48.3 7.4
      Thereof fleet management revenue 23.9 25.0 -4.3
      Thereof sales revenue 27.9 23.2 20.0
       
Earnings development
in EUR million
H1
2020
H1
2019
Change
in %
Fleet expenses and cost of lease assets 233.1 284.1 -17.9
Personnel expenses 21.1 21.3 -1.1
Net other operating income/expense -9.4 -7.6 -22.6
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 106.7 115.0 -7.2
Depreciation and amortisation expense 98.3 94.9 3.6
Net finance costs -5.5 -5.9 6.5
Earnings before taxes (EBT) 2.9 14.1 -79.7
   Thereof Leasing business unit 1.3 12.2 -89.0
   Thereof Fleet Management business unit 1.5 1.9 -19.6
Operating return on revenue (in %)2
 
1.3
 
6.1
 
-4,7 points
Income tax expense 1.1 3.7 -69.7
Consolidated profit 1.7 10.4 -83.2
Earnings per share (in EUR) 0.08 0.51 -
       
Contract portfolio
 
30 Jun 2020 31 Dec 2019 Change
in %
Group contract portfolio 134,800 136,200 -1.0
   Thereof Online Retail business field 41,800 44,300 -5.7
   Thereof Fleet Leasing business field 39,500 40,400 -2.4
   Thereof Fleet Management business unit 53,500 51,500 4.0
       
Balance sheet figures
in EUR million
30 Jun 2020 31 Dec 2019 Change
in %
Total assets 1,423.39 1,328.88 7.1
Lease assets 1,103.61 1,119.67 -1.4
Financial liabilities 1,053.66 948.21 11.1
Equity 212.4 229.2 -7.4
Equity ratio (in %)
 
14.9
 
17.2
 
-2.3 points
       
Cash Flow
in EUR million
H1
2020
H1
2019
Change
in %
Gross Cash flow 97.3 101.4 -4.0
Investments in lease assets 207.5 194.9 6.5
       
 

1 Rounding differences possible
2 Ratio of EBT to operating revenue



12.08.2020 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.

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Jul 16, 2020

​​​​​​​Sixt Leasing SE: Voluntary public takeover offer of Hyundai Capital Bank Europe GmbH completed

DGAP-News: Sixt Leasing SE / Key word(s): Takeover/Offer
16.07.2020 / 15:41
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Voluntary public takeover offer of Hyundai Capital Bank Europe GmbH completed

  • Joint venture acquires around 92 per cent of the share capital of Sixt Leasing SE at an offer price of EUR 18.00 per share
  • Strategic partnership enables joint use of new growth opportunitie
  • Changes in the Supervisory Board of Sixt Leasing SE

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.

With the acquisition of Sixt Leasing SE, HCBE intends to expand its position in the automotive finance sector by complementing its product portfolio with innovative mobility services and expanding the fleet business both at the point of sale and online.

Michael Ruhl, CEO of Sixt Leasing SE: "We are delighted to welcome Hyundai Capital Bank Europe GmbH as our new major shareholder. This ensures that we can successfully continue our corporate strategy. The strategic partnership puts us in a position to jointly take advantage of new growth opportunities."

Björn Waldow, CFO of Sixt Leasing SE: "In addition to the strategic advantages, we expect that the integration of Sixt Leasing into the group of the two international and financially strong groups Santander and Hyundai will also enable us to further optimise the company's financing structure."

Changes in the Supervisory Board of Sixt Leasing SE
In connection with the completion of the acquisition of Sixt Leasing SE by HCBE, the Chairman of the Supervisory Board of Sixt Leasing SE, Mr. Erich Sixt, has resigned from his office with effect from the end of 15 July 2020. Likewise, the Deputy Chairman of the Supervisory Board, Prof. Dr. Marcus Englert, has resigned from his office with effect from the end of 31 July 2020. Dr. Julian zu Putlitz will continue his office as member of the Supervisory Board of Sixt Leasing SE. The Management Board would like to express its sincere thanks to the resigning members of the Supervisory Board for their commitment to the company.

Sixt Leasing SE intends to replenish the Company's Supervisory Board by means of a court appointment of new Supervisory Board members.
 

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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.

www.sixt-leasing.com

Contact:

Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



16.07.2020 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.
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Jul 14, 2020

Sixt Leasing SE: autohaus24.de receives the award 'Germany's Best Online Portals 2020' and a 'High Recommendation' rating

DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous
14.07.2020 / 10:34
The issuer is solely responsible for the content of this announcement.

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)

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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.

www.sixt-leasing.com
 

Press contact Sixt Leasing:

Kirchhoff Consult
[email protected]
+49 40 60918618



14.07.2020 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.
Archive at www.dgap.de



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Jun 26, 2020

Christoph Braumiller and Michael Poglitsch take over the management of Sixt Mobility Consulting GmbH as of June 2020

DGAP-News: Sixt Leasing SE / Key word(s): Personnel
26.06.2020 / 12:42
The issuer is solely responsible for the content of this announcement.

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:
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 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.

www.mobility-consulting.com


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.

www.sixt-leasing.com


Contact:
Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



26.06.2020 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.
Archive at www.dgap.de



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Jun 24, 2020

Sixt Leasing SE: Annual General Meeting approves dividend of EUR 0.90 for 2019 financial year

DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM/Dividend
24.06.2020 / 09:34
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Annual General Meeting approves dividend of EUR 0.90 for 2019 financial year

  • Virtual Annual General Meeting adopts all proposals of the Managing Board and Supervisory Board on the agenda by a large majority
  • Managing Board explains growth opportunities, particularly in the context of the strategic partnership with the new major shareholder

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 shareholders approved the proposal to distribute a significantly increased dividend of EUR 0.90 per share for the 2019 financial year (previous year: EUR 0.48). Based on the year-end price for 2019, this corresponds to a dividend yield of around 8 per cent (previous year: 4.2 per cent).

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
The shareholders also approved the proposal to elect Dr. Julian zu Putlitz, member of the Management and Chief Financial Officer of IFCO MANAGEMENT GmbH based in Pullach, as a member of the Supervisory Board of Sixt Leasing SE to succeed Dr. Bernd Metzner. The election was effective as of the end of this year's Annual General Meeting and for the remaining term of office of the retired Supervisory Board member. Dr. Metzner had resigned his office as a member of the Company's Supervisory Board with effect from 18 July 2019.

Future growth plans
Under the title "New Growth Opportunities", Michael Ruhl, CEO of Sixt Leasing SE, explained the Company's future prospects to the shareholders, especially with regard to the partnership with the new major shareholder HCBE. Accordingly, the future alliance will enable Sixt Leasing to successfully continue its current growth strategy and to exploit further growth potential. In the 2020 financial year, the focus will be on the further expansion of digitalisation and the internationalisation of the business model.

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:
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.

www.sixt-leasing.com


Contact:
Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



24.06.2020 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.
Archive at www.dgap.de



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May 26, 2020

Sixt Leasing SE: Final acceptance rate for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH at more than 92 per cent

DGAP-News: Sixt Leasing SE / Key word(s): Offer
26.05.2020 / 12:29
The issuer is solely responsible for the content of this announcement.

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:
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.

www.sixt-leasing.com


Contact:
Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



26.05.2020 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.
Archive at www.dgap.de



show this

May 12, 2020

Sixt Leasing SE: Business development in the first quarter of 2020 in line with expectations

DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results
12.05.2020 / 07:30
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Business development in the first quarter of 2020 in line with expectations

  • Slight decrease in Group contract portfolio in the first three months of 2020 - Significant increase compared to the same period of the previous year
  • Consolidated operating revenue and earnings before taxes (EBT) below previous year's level, as expected
  • Managing Board and Supervisory Board propose a dividend of EUR 0.90 per Sixt Leasing share to the shareholders for the 2019 financial year
  • Managing Board intensifies measures to reduce COVID-19 risks and confirms forecast for 2020 - Still recovery expected in the second half of the year
  • End of additional acceptance period for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH on 20 May 2020 at 24:00 hours (CEST)

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
In the first quarter of 2020, the expansion of the digital product and service portfolio in particular was further advanced. In the Online Retail business field, Sixt Leasing launched a sales cooperation with PAYBACK via its online platform sixt-neuwagen.de to market a Kia Stonic "VISION" to private customers. 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". 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 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
The Managing Board and Supervisory Board of Sixt Leasing SE propose to the shareholders a dividend of EUR 0.90 per Sixt Leasing share for the 2019 financial year (previous year: EUR 0.48). Thus, the Boards confirm the dividend expectations of the shareholders as deriving from the sale of Sixt SE's stake in the company and the associated voluntary public takeover offer by HCBE. The Managing Board and Supervisory Board based their dividend proposal on the up to date business, investment and liquidity planning of the company, which already has been adjusted to the expected economic and financial effects of the COVID-19 situation on the markets and the operations of Sixt Leasing SE.

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
Shareholders of Sixt Leasing SE can accept the voluntary public takeover offer by HCBE until the end of the legally stipulated, additional acceptance period on 20 May 2020 at 24:00 hours (CEST). The minimum acceptance threshold of 55 per cent was significantly exceeded at the end of the regular acceptance period on 30 April 2020 at 24:00 hours (CEST) with an acceptance rate of 72,84 per cent. The closing of the takeover offer is still subject to the remaining customary closing conditions set out in the offer document.

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
According to the forecast published on 20 March 2020, the Managing Board continues to expect a slight increase in the Group's contract portfolio compared with 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. This does not yet take into account the expenses that would be incurred after a successfully completed HCBE takeover offer. The Managing Board expects the transaction to be completed in the second half of 2020 and, in this case, expects additional one-off costs in a high single-digit million euro range in the year 2020, part of which is to be considered in the accounting already in the first half of 2020. The assumptions and uncertainties in connection with the COVID-19 pandemic described in the Quarterly Statement also apply to the forecast. This includes the assumption that a recovery in business development will occur in the second half of the year 2020.

The Group's Quarterly Statement as of 31 March 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.

www.sixt-leasing.com


Contact:
Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]


The Sixt Leasing Group in Q1 2020 at a glance1

       
Revenue development
in EUR million
Q1 2020
 
Q1 2019
 
Change
in %
    Operating revenue 114.3 119.7 -4.5
    Sales revenue 85.0 113.0 -24.8
Consolidated revenue 199.3 232.7 -14.4
    Thereof Leasing business unit 169.6 206.6 -17.9
        Thereof leasing revenue (finance rate) 54.9 56.4 -2.6
        Thereof other revenue from leasing business 46.1 47.8 -3.6
        Thereof sales revenue 68.6 102.4 -33.0
    Thereof Fleet Management business unit 29.7 26.1 13.9
        Thereof fleet management revenue 13.3 15.5 -14.1
        Thereof sales revenue 16.4 10.6 54.8
       
Earnings development
in EUR million
Q1 2020
 
Q1 2019
 
Change
in %
Fleet expenses and cost of lease assets 128.6 161.1 -20.2
Personnel expenses 10.2 10.6 -4.2
Net other operating income/expense -4.2 -3.8 -10.7
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 56.3
 
57.2
 
-1.5
 
Depreciation and amortisation expense 47.9 47.3 1.3
Net finance costs -2.8 -2.9 2.1
Earnings before taxes (EBT) 5.6 7.0 -20.3
    Thereof Leasing business unit 4.8 6.2 -22.3
    Thereof Fleet Management business unit 0.8 0.8 -4.7
Operating return on revenue (in %)2
 
4.9
 
5.9
 
-1.0 points
Income tax expense 1.8 1.4 34.5
Consolidated profit 3.8 5.7 -33.4
Earnings per share (in EUR) 0.18 0.27 -
       
Contract portfolio
 
31 Mar 2020 31 Dec 2019 Change
in %
Group contract portfolio 135,300 136,200 -0.7
    Thereof Online Retail business field 43,500 44,300 -1.8
    Thereof Fleet Leasing business field 39,700 40,400 -1.7
    Thereof Fleet Management business unit 52,200 51,500 1.4
       
Balance sheet figures
in EUR million
31 Mar 2020 31 Dec 2019 Change
in %
Total assets 1,443.4 1,328.9 8.6
Lease assets 1,128.5 1,119.7 0.8
Financial liabilities 1,044.7 948.2 10.2
Equity 233.2 229.2 1.8
Equity ratio (in %)
 
16.2
 
17.2
 
-1.0 points
       
Cash Flow
in EUR million
Q1 2020
 
Q1 2019
 
Change
in %
Gross Cash flow 49.3 50.2 -1.9
Investments in lease assets 120.4 93.4 28.8
       
 

1 Rounding differences possible
2 Ratio of EBT to operating revenue



12.05.2020 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.
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May 07, 2020

Sixt Leasing SE: Minimum acceptance threshold for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH clearly exceeded

DGAP-News: Sixt Leasing SE / Key word(s): Offer
07.05.2020 / 08:00
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Minimum acceptance threshold for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH clearly exceeded

  • Acceptance rate of roughly 73 per cent significantly above the minimum acceptance threshold of 55 per cent
  • Managing Board and Supervisory Board of Sixt Leasing SE welcome the acceptance of the offer by the shareholders
  • Additional acceptance period runs until 20 May 2020 at 24:00 hours (CEST)

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:
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.

www.sixt-leasing.com


Contact:
Sixt Leasing SE
Investor Relations
+49 89 74444 4518
[email protected]



07.05.2020 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.
Archive at www.dgap.de



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Apr 30, 2020

Sixt Leasing SE: Offer for Sixt Leasing Shares of EUR 18.00 ends in 14 hours, Thursday, 30 April 2020, 24:00 hrs CEST

DGAP-News: Sixt Leasing SE / Key word(s): Offer
30.04.2020 / 09:52
The issuer is solely responsible for the content of this announcement.

Sixt Leasing SE: Offer for Sixt Leasing Shares of EUR 18.00 ends in 14 hours, Thursday, 30 April 2020, 24:00 hrs CEST

  • Acceptance Period ends on Thursday, 30 April 2020, 24:00 hrs CEST.
  • Acceptance Rate as published by the Bidder as of 29 April, 14:00 hrs CEST, was around 46% (including the shares acquired from Sixt SE).
  • As outlined in the Reasoned Statement published on 6 April 2020 (https://ir.sixt-leasing.com/takeoveroffer), the Sixt Leasing Managing Board and Supervisory Board recommend the Acceptance of the Voluntary Public Takeover Offer by Hyundai Capital Bank Europe GmbH.

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.
        The issuer is solely responsible for the content of this announcement.

        The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
        Archive at www.dgap.de



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        Apr 29, 2020

        Sixt Leasing SE publishes Annual Report 2019 - Acceptance period for takeover offer ends tomorrow on April 30

        DGAP-News: Sixt Leasing SE / Key word(s): Annual Results/Offer
        29.04.2020 / 07:33
        The issuer is solely responsible for the content of this announcement.

        Sixt Leasing SE publishes Annual Report 2019 - Acceptance period for takeover offer ends tomorrow on April 30

        • Business development in 2019 in line with the adjusted forecast from October 2019
        • End of acceptance period for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH tomorrow, on 30 April 2020, at midnight
        • Outlook for 2020 confirmed: Slight increase in Group contract portfolio; consolidated operating revenue approximately at the previous year's level and EBT very significantly below previous year expected
        • CEO Michael Ruhl: "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. Hyundai Capital Bank Europe will support us as a new major shareholder in the event of a successful takeover offer."

        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
        The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) climbed significantly in the 2019 financial year by 5.0 per cent to 136,200 contracts, reaching the highest figure in the company's history. This is primarily due to the positive development in the fourth quarter and the acquisition of Flottenmeister GmbH.

        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
        For the 2019 financial year, the Managing Board and Supervisory Board of Sixt Leasing SE are considering to propose a dividend of up to EUR 0.90 per share to the Annual General Meeting. The specific proposal for the appropriation of profits will be published along with the agenda for the 2020 Annual General Meeting at the latest. The event will take place on 23 June 2020 as a virtual Annual General Meeting.

        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
        The voluntary public takeover offer by Hyundai Capital Bank Europe GmbH, a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., has been running since 24 March 2020 and will end tomorrow, on 30 April 2020, at midnight (CEST). The offer price in the amount of EUR 18.00 per share in cash is equivalent to a premium of around 25.0 per cent on the unaffected Xetra closing share price as of 18 February 2020 and a premium of around 40.8 per cent on the unaffected volume-weighted average price during the last three months up to and including 18 February 2020.

        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 Managing Board confirms the forecast published on 20 March 2020. Accordingly, it expects a slight increase in the Group's contract portfolio compared with 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. This does not yet take into account the expenses that would be incurred after a successfully completed takeover offer. In this case, the Managing Board expects additional one-off costs in a high single-digit million euro range in the year 2020.

        The Annual Report 2019 of Sixt Leasing SE can be downloaded from http://ir.sixt-leasing.com/annual-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.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        +49 89 74444 4518
        [email protected]



        29.04.2020 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.
        Archive at www.dgap.de



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        Apr 06, 2020

        Sixt Leasing SE: Managing Board and Supervisory Board recommend acceptance of the voluntary public tender by Hyundai Capital Bank Europe GmbH

        DGAP-News: Sixt Leasing SE / Key word(s): Statement/Offer
        06.04.2020 / 14:36
        The issuer is solely responsible for the content of this announcement.

        Sixt Leasing SE: Managing Board and Supervisory Board recommend acceptance of the voluntary public tender by Hyundai Capital Bank Europe GmbH

        • Joint reasoned statement by the Managing Board and Supervisory Board published
        • Fair financial consideration with an attractive premium for shareholders
        • The Managing Board and Supervisory Board welcome the commitment of Hyundai Capital Bank Europe GmbH to support the strategy of Sixt Leasing

        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 acceptance period for the offer has started with the publication of the offer document on 24 March 2020 and will end on 30 April 2020, 24:00 hours (CEST). The success of the offer is conditional upon the achievement of a minimum acceptance threshold of at least 55 per cent of the Sixt Leasing shares issued at the end of the acceptance period as well as the occurrence of other customary closing conditions. The Sixt Leasing shares tendered for sale are identified by the ISIN DE000A2888L0.

        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: [email protected].

        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:
        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.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        +49 89 74444 4518
        [email protected]



        06.04.2020 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.
        Archive at www.dgap.de



        show this

        Mar 30, 2020

        Sixt Leasing SE: Sixt Neuwagen and PAYBACK offer city SUV already from EUR 89.95 per month*

        DGAP-News: Sixt Leasing SE / Key word(s): Alliance/Product Launch
        30.03.2020 / 08:00
        The issuer is solely responsible for the content of this announcement.

        Sixt Neuwagen and PAYBACK offer city SUV already from EUR 89.95 per month*

        • Special promotion for the 20th birthday of PAYBACK
        • Kia Stonic with extensive equipment at attractive terms
        • Simple vehicle configuration and ordering via PAYBACK App
        • Optional service packages available
        • Pickup at participating Kia dealerships already possible from June 2020

        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
        PAYBACK customers can lease the Kia Stonic "VISION" with a duration of 24, 36 or 48 months and with a mileage of 10,000, 15,000 or 20,000 kilometres per year. The promoted CUV features a 100 hp turbo petrol engine** and numerous extras such as automatic climate control, central locking with radio remote control, 17-inch light-alloy wheels, EcoDynamics with Start Stop System, smartphone integration via Apple CarPlay and Android Auto, Kia radio with touchscreen and Bluetooth hands-free kit, rain sensor, rear parking sensors, a heatable multifunction leather steering wheel and heated seats for driver and front passenger. Customers can choose the metallic paint finishes Aurora Black, Signal Red, Denim Blue or Graphite.

        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
        Fuel consumption combined 5.2-5.0 l/100 km; CO2 emissions combined 120-115 g/km

        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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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.

        www.sixt-leasing.com

         

        About PAYBACK:
        PAYBACK is the leading multi-partner bonus programme, which is already being used enthusiastically by over 31 million customers in Germany alone. Based on the simple principle of "one programme - many partners", they receive points and coupons for their purchases from around 680 PAYBACK partner companies, saving them a considerable amount every year.

        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.

        www.PAYBACK.de

         

        Press contact Sixt Leasing:
        Kirchhoff Consult
        Nikolaus Hammerschmidt
        +49 40 609186 18
        [email protected]

         

        Press contact PAYBACK:
        Nina Purtscher
        Head of Corporate & PAYBACK PR
        PAYBACK GmbH
        Theresienhöhe 12
        80339 München
        Germany
        +49 (0) 89 997 41 - 206
        [email protected]
        PAYBACK.net
        PAYBACK.de
        facebook.com/PAYBACK
        twitter.com/Presse_PAYBACK



        30.03.2020 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.
        Archive at www.dgap.de



        show this

        Mar 25, 2020

        Sixt Leasing SE: Significant increase in contract portfolio in 2019 financial year - More demanding general conditions in 2020

        DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results
        25.03.2020 / 07:30
        The issuer is solely responsible for the content of this announcement.

        Sixt Leasing SE: Significant increase in contract portfolio in 2019 financial year - More demanding general conditions in 2020

        • Group contract portfolio climbs to record level in 2019 financial year - All three business fields return to growth in the fourth quarter
        • Number of new contracts in the Online Retail business field increases by more than 30 per cent year-on-year in 2019
        • Consolidated operating revenue and earnings before taxes (EBT) below previous year's level, as expected
        • Outlook for 2020: Slight increase in Group contract portfolio and consolidated operating revenue at about the previous year's level expected; EBT influenced by Coronavirus and costs in connection with the announced takeover offer
        • Offer document of HCBE published on 24 March 2020 after approval by Bafin
        • CEO Michael Ruhl: "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."

        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:
        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.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        Note:
        All fiscal year 2019 figures in this release are preliminary and subject to possible change. The final and audited 2019 consolidated annual financial statements for Sixt Leasing Group will be published on 29 April 2020.

        THE SIXT LEASING GROUP IN 2019 AT A GLANCE1

               
        Revenue development
        in EUR million
        2019
         
        2018
         
        Change
        in %
           Operating revenue 468.2 480.5 -2.6
           Sales revenue 356.3 325.3 9.5
        Consolidated revenue 824.4 805.8 2.3
           Thereof Leasing business unit 722.6 705.0 2.5
              Thereof leasing revenue (finance rate) 223.2 235.2 -5.1
              Thereof other revenue from leasing business 192.4 190.4 1.0
              Thereof sales revenue 307.0 279.4 9.9
           Thereof Fleet Management business unit 101.8 100.8 1.0
              Thereof fleet management revenue 52.6 54.9 -4.1
              Thereof sales revenue 49.2 46.0 7.0
               
        Earnings development
        in EUR million
        2019
         
        2018
         
        Change
        in %
        Fleet expenses and cost of lease assets 536.9 508.0 5.7
        Personnel expenses 41.5 36.5 13.7
        Net other operating income/expense -13.4 -20.4 34.7
        Earnings before interest, taxes, depreciation and amortisation (EBITDA) 232.7 240.8 -3.4
        Depreciation and amortisation expense 191.3 197.1 -2.9
        Net finance costs -12.0 -13.2 9.9
        Earnings before taxes (EBT) 29.3 30.5 -4.0
           Thereof Leasing business unit 25.5 26.1 -2.4
           Thereof Fleet Management business unit 3.8 4.4 -13.3
        Operating return on revenue (in %)2 6.3 6.4 -0.1 points
        Income tax expense 7.8 8.6 -9.1
        Consolidated profit 21.5 22.0 -2.0
        Earnings per share (in EUR) 1.04 1.07 -
               
        Contract portfolio
         
        31 Dec 2019 31 Dec 2018 Change
        in %
        Group contract portfolio 136,200 129,700 5.0
           Thereof Online Retail business field 44,300 44,700 -0.8
           Thereof Fleet Leasing business field 40,400 43,000 -6.1
           Thereof Fleet Management business unit 51,500 42,000 22.5
               
        Balance sheet figures
        in EUR million
        31 Dec 2019 31 Dec 2018 Change
        in %
        Total equity and liabilities 1,328.9 1,392.7 -4.6
        Lease assets 1,119.7 1,204.4 -7.0
        Financial liabilities 948.2 1,026.1 -7.6
        Equity 229.2 216.8 5.8
        Equity ratio (in %) 17.2 15.6 1.6 points
               
        Cash flow
        in EUR million
        2019
         
        2018
         
        Change
        in %
        Gross Cash flow 219.3 247.8 -11.5
        Investments in lease assets 407.0 475.7 -14.4
               

        1 Preliminary figures according to IFRS; rounding differences possible
        2 Ratio of EBT to operating revenue



        25.03.2020 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.
        Archive at www.dgap.de



        show this

        Feb 21, 2020

        Sixt Leasing SE gets new major strategic shareholder with Hyundai Capital Bank Europe

        DGAP-News: Sixt Leasing SE / Key word(s): Offer
        21.02.2020 / 17:52
        The issuer is solely responsible for the content of this announcement.

        Sixt Leasing SE gets new major strategic shareholder with Hyundai Capital Bank Europe

        • Hyundai Capital Bank Europe, a joint venture between Santander Consumer Bank and Hyundai Capital Services, acquires Sixt SE's 41.9 percent stake in Sixt Leasing SE
        • Announcement of voluntary takeover offer to all shareholders of Sixt Leasing SE to purchase the remaining shares
        • Offer price of EUR 18.00 per share in cash is equivalent to a premium of around 40.8 percent on the unaffected volume-weighted average price of the past three months
        • Michael Ruhl, CEO of Sixt Leasing SE: "New major shareholder supports current growth course."

        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.

        Subsequently, HCBE today announced a voluntary public takeover offer aimed at all shareholders of Sixt Leasing SE, to acquire the remaining shares in Sixt Leasing SE against payment of a cash consideration in the amount of EUR 18.00 per share. The offer price is equivalent to a premium of around 25.0 percent on the unaffected Xetra closing share price as of 18 February 2020 and a premium of around 40.8 percent on the unaffected volume-weighted average price of the past three months.

        If the share purchase agreement and the takeover offer are closed prior to this year's annual general meeting of Sixt Leasing SE, the price will be increased, depending on the consolidated profit for the financial year 2019 as stated in the audited consolidated financial statements of Sixt Leasing SE, by up to EUR 0.90 per share in each case. In this context, Sixt SE has informed Sixt Leasing SE of a dividend expectation of up to EUR 0.90 per share for the 2019 financial year, subject to a sufficient unappropriated profit.

        The takeover offer as well as the share purchase agreement will be made subject to certain completion conditions, amongst others, merger control and other regulatory clearances, a minimum acceptance threshold of 55 percent of the shares of Sixt Leasing SE and further customary closing conditions.

        Erich Sixt, Chairman of the Supervisory Board of Sixt Leasing SE: "Following the IPO in the year 2015, Sixt SE and Sixt Leasing SE will now be fully separated. With its mature, promising business model, I expect Sixt Leasing to continue to develop positively also outside the Sixt Group. I would like to thank the Managing Board, the management team and all of the staff at Sixt Leasing for their major contribution to the success of the Sixt Group in recent years and decades."

        Michael Ruhl, CEO of Sixt Leasing SE: "We are delighted to welcome Hyundai Capital Bank Europe as major shareholder on board of Sixt Leasing SE. With the expertise and resources of the two globally active corporations Santander and Hyundai, we can complement our strengths ideally. Together we will continue Sixt Leasing's current strategy to become the leading provider of longer-term auto-mobility in Europe."

        New growth opportunities through strategic partnership
        With its strong expertise in the vehicle leasing and mobility business, Sixt Leasing attracted HCBE as a strategic partner in order to be able to offer the full range of products and services and utilize all distribution channels. Therefore, Sixt Leasing will continue to operate its business model that has proven to be a success with a strong focus on innovation and growth. The new major shareholder is committed to the existing strategy capitalizing on secular growth trends in the car-as-a-service sector and will continue to invest in the business and employees. With regard to future market trends, the focus will especially be on growth in the retail sector.

        Jochen Klöpper, Chairman of the Supervisory Board of Hyundai Capital Bank Europe GmbH: "We are delighted about the opportunity to cooperate strategically with Sixt Leasing in the future. The know-how and successful business model of the company form a strong platform for growth. By complementing our product portfolio with Sixt Leasing's innovative mobility services and fleet business at the point of sale and online, Hyundai Capital Bank Europe is able to further strengthen its position in the automotive finance sector."

        Yoono Hwang, President of Hyundai Capital Services Korea and Member of the Supervisory Board of Hyundai Capital Bank Europe GmbH: "We are convinced that this is an excellent opportunity to leverage the innovation potential of Sixt Leasing with regard to future market trends in the automotive sector."

        Brand usage secured for a further five years
        In order to continue Sixt Leasing's business seamlessly in its new ownership structure, Sixt Leasing SE and Sixt SE have agreed on the continued use of existing brand rights for a period of five years from the date on which the transaction is completed (closing). The Sixt Leasing Group will therefore be able to continue to use brands like 'Sixt Leasing', 'Sixt Neuwagen' and 'Sixt Mobility Consulting' in the scope of the business activities so far also over the next five years.

        Expansion of used vehicle sites in Germany
        Also today, Sixt Leasing SE entered into an agreement with companies of the Sixt SE Group on the acquisition of the used vehicle sites belonging to SL Car Sales GmbH in Eching (near Munich) and Berlin. The purchase of these two locations depends upon the completion of HCBE's acquisition of Sixt SE's stake in Sixt Leasing SE. Sixt Leasing already runs an own used vehicle site at Egelsbach near Frankfurt. This means that the company will have a total of three of its own retail locations in Germany in future. The Garching site will remain with SL Car Sales GmbH within the Sixt SE Group.

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


        Information about HCBE

        Hyundai Capital Bank Europe GmbH
        Hyundai Capital Bank Europe is the captive financial services provider of the Hyundai Motor and Kia Motors for their car brands Kia and Hyundai. The company is located in Frankfurt am Main. HCBE successfully passed the EU-wide standard bank approval procedure and received the German full-license from the ECB in September 2016. Shareholders of the joint venture are Santander Consumer Bank AG und Hyundai Capital Services Inc.

        Santander Consumer Bank AG
        Santander Consumer Bank AG is one of the top 5 private banks in Germany in terms of the number of customers. It offers private and corporate customers comprehensive financial services through various channels. Whether online, via video advice or in person at the branch - Santander has a service and product range that covers a broad spectrum, from current accounts and credit cards to mortgages and securities business. In Germany, the Bank is the largest manufacturer-independent financier of mobility and is also a leader in consumer financing. The wholly owned subsidiary of the Spanish Banco Santander is located in Mönchengladbach.

        Hyundai Motor Group
        Hyundai Motor Group is a global corporation that has created a value chain based on automobiles, steel, and construction and includes logistics, finance, IT and service. With about 250,000 employees worldwide, the Group's automobile brands include Hyundai Motor Co. and Kia Motors Corp and Genesis. Armed with creative thinking, cooperative communication and the will to take on all challenges, it is working to create a better future for all.

        Hyundai Capital Services Inc.
        Hyundai Capital Services is the financing arm of Hyundai Motor Group offering auto financing, durable goods financing, leasing services, and personal loans.
         

        ---

        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.

        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.

        www.sixt-leasing.com


        Contact:

        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        21.02.2020 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.
        Archive at www.dgap.de



        show this

        Dec 11, 2019

        Sixt Leasing SE starts digital aftersales of service products on sixt-neuwagen.de

        DGAP-News: Sixt Leasing SE / Key word(s): Product Launch
        11.12.2019 / 11:00
        The issuer is solely responsible for the content of this announcement.

        Sixt Leasing SE starts digital aftersales of service products on sixt-neuwagen.de

        • Expansion of service offering for existing customers on sixt-neuwagen.de: 'Worry-free maintenance and tear package' now bookable after placing a leasing order
        • Michael Ruhl, CEO of Sixt Leasing SE: "By expanding our product and service portfolio and making it more flexible we are able to open up an even bigger market potential for our online business."

        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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        11.12.2019 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.
        Archive at www.dgap.de



        show this

        Nov 12, 2019

        Sixt Leasing SE expands contract portfolio in Online Retail and Fleet Management in third quarter 2019

        DGAP-News: Sixt Leasing SE / Key word(s): 9 Month figures/Quarter Results

        12.11.2019 / 07:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE expands contract portfolio in Online Retail and Fleet Management in third quarter 2019

        • Increase in new business brings Online Retail business field back onto growth track in third quarter - Fleet Management continues to grow as well
        • Consolidated revenue up by nearly 6 per cent in first nine months of 2019 to EUR 633 million - operating revenue down slightly
        • EBT of EUR 21.5 million below previous year - Q3 strongest quarter in year to date at EUR 7.4 million
        • Managing Board confirms forecast for full year 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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        THE SIXT LEASING GROUP IN 9M 2019 AT A GLANCE1
         

        Revenue development
        in EUR million
        9M
        2019
        9M
        2018
         Change
        in %
           Operating revenue 350.0 358.0 -2.3
           Sales revenue 283.0 242.1 16.9
        Consolidated revenue 633.0 600.1 5.5
           Thereof Leasing business unit 555.3 524.7 5.8
              Thereof leasing revenue (finance rate) 167.7 176.7 -5.1
              Thereof other revenue from leasing business 142.9 141.7 0.8
              Thereof sales revenue 244.8 206.6 18.6
           Thereof Fleet Management business unit 77.7 75.4 3.0
              Thereof fleet management revenue 39.4 39.6 -0.5
              Thereof sales revenue 38.2 35.8 6.9
               
        Earnings development
        in EUR million
        9M
        2019
        9M
        2018
         Change
        in %
        Fleet expenses and cost of lease assets 418.9 378.0 10.8
        Personnel expenses 31.3 27.2 15.1
        Net other operating income/expense -11.1 -13.6 18.0
        Earnings before interest, taxes, depreciation and amortisation (EBITDA) 171.6 181.3 -5.4
        Depreciation and amortisation expense 141.1 147.7 -4.5
        Net finance costs -9.0 -10.3 12.2
        Earnings before taxes (EBT) 21.5 23.4 -7.8
           Thereof Leasing business unit 18.6 19.9 -8.5
           Thereof Fleet Management business unit 2.9 3.5 -17.1
        Operating return on revenue (in %)2 6.2 6.5 -0.3pp
        Income tax expense 5.4 5.5 -2.2
        Consolidated profit 16.1 17.8 -9.5
        Earnings per share (in EUR) 0.78 0.87 -
               
        Contract portfolio
         
        30 Sep 2019 31 Dec 2018  Change
        in %
        Group contract portfolio 127,200 129,700 -2.0
           Thereof Online Retail business field 43,600 44,700 -2.5
           Thereof Fleet Leasing business field 39,400 43,000 -8.4
           Thereof Fleet Management business unit 44,200 42,000 5.2
               
        Balance sheet figures
        in EUR million
        30 Sep 2019 31 Dec 2018  Change
        in %
        Total equity and liabilities 1,330.6 1,392.7 -4.5
        Lease assets 1,125.8 1,204.4 -6.5
        Financial liabilities 945.6 1,026.1 -7.8
        Equity 223.1 216.8 2.9
        Equity ratio (in %) 16.8 15.6 1.2pp
               
        Cash flow
        in EUR million
        9M
        2019
        9M
        2018
         Change
        in %
        Gross Cash flow 150.6 174.5 -13.7
        Investments in lease assets 294.6 386.9 -23.9

        --
        1
        Rounding differences possible

        2 Ratio of EBT to operating revenue



        12.11.2019 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.
        Archive at www.dgap.de



        show this

        Oct 22, 2019

        Sixt Mobility Consulting acquires Flottenmeister GmbH, expanding contract portfolio to over 50,000 contracts

        DGAP-News: Sixt Leasing SE / Key word(s): Takeover

        22.10.2019 / 18:59
        The issuer is solely responsible for the content of this announcement.


        Sixt Mobility Consulting acquires Flottenmeister GmbH, expanding contract portfolio to over 50,000 contracts

        • Sixt Mobility Consulting takes over 100 per cent of shares in Flottenmeister GmbH
        • Flottenmeister currently manages more than 7,000 company cars
        • Christoph v. Tschirschnitz, Managing Director Sixt Mobility Consulting: "Under the umbrella of Sixt Mobility Consulting, Flottenmeister customers will continue to receive seamless support. In addition, we want to excite them with our fully digitalised service portfolio and international presence."
        • Michael Ruhl, CEO Sixt Leasing SE: "The acquisition is a further step in the consistent implementation of our 'DRIVE>2021' strategy programme. In addition to volume growth, we also expect positive synergy effects."


        Pullach, 22 October 2019 - Sixt Mobility Consulting GmbH, one of the leading independent providers of fleet management in Europe and wholly owned subsidiary of Sixt Leasing SE, reached terms with SchneiderGolling Südholding GmbH on a complete takeover of the shares in Flottenmeister GmbH. The independent fleet manager, which is also based in Pullach, near Munich, is managing over 7,000 company cars as of the end of September 2019. Sixt Mobility Consulting is thus further expanding its market position in Germany and increasing its contract portfolio in Europe to over 50,000 contracts, representing growth of more than 15 per cent. The parties have agreed not to disclose the purchase price or other transaction details.

        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:
        Sixt Mobility Consulting GmbH (SMC) is one of Europe's leading independent providers of fleet and mobility budget management and a wholly-owned subsidiary of Sixt Leasing SE. SMC advises corporate customers with a fleet size of 150 vehicles or more on efficient fleet management and provides all fleet management services for cars and vans with innovative IT solutions and high-performance customer care teams.

        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.
        www.mobility-consulting.com


        About Sixt Leasing:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        22.10.2019 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.
        Archive at www.dgap.de



        show this

        Aug 12, 2019

        Sixt Leasing SE: Business performance in first half of 2019 as expected

        DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results/Quarter Results

        12.08.2019 / 07:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE: Business performance in first half of 2019 as expected

        • Consolidated revenue increases by 9 per cent to EUR 428 million in the first half of 2019
        • Contract portfolio and operating revenue decrease slightly, as expected
        • EBT of just over EUR 14 million in line with expectations
        • Business performance in the second half of the year still expected to be stronger
        • Managing Board confirms forecast for 2019 and medium-term targets for 2021

        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.

        Business performance in H1-2019

        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).

        Outlook

        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.

        ---


        The full half-year report can be downloaded at http://ir.sixt-leasing.com/interim-reports.

        About Sixt Leasing:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        THE SIXT LEASING GROUP IN H1 2019 AT A GLANCE1

               
        Revenue development
        in EUR million
        H1
        2019
        H1
        2018
        Change
        in %
           Operating revenue 232.5 236.1 -1.5
           Sales revenue 195.5 158.2 23.6
        Consolidated revenue 428.0 394.3 8.5
           Thereof Leasing business unit 379.7 345.1 10.0
              Thereof leasing revenue (finance rate) 112.0 117.2 -4.4
              Thereof other revenue from leasing business 95.4 93.4 2.1
              Thereof sales revenue 172.2 134.4 28.1
           Thereof Fleet Management business unit 48.3 49.2 -1.9
              Thereof fleet management revenue 25.0 25.4 -1.7
              Thereof sales revenue 23.2 23.8 -2.3
               
        Earnings development
        in EUR million
        H1
        2019
        H1
        2018
        Change
        in %
        Fleet expenses and cost of lease assets 284.1 246.3 15.3
        Personnel expenses 21.3 18.7 14.1
        Net other operating income/expense -7.6 -8.3 7.6
        Earnings before interest, taxes, depreciation and amortisation (EBITDA) 115.0 121.0 -5.0
        Depreciation and amortisation expense 94.9 98.1 -3.2
        Net finance costs -5.9 -7.1 17.1
        Earnings before taxes (EBT) 14.1 15.8 -10.7
           Thereof Leasing business unit 12.2 13.6 -10.3
           Thereof Fleet Management business unit 1.9 2.2 -13.4
        Operating return on revenue (in %)2 6.1 6.7 -0.6 points
        Income tax expense 3.7 4.3 -13.9
        Consolidated profit 10.4 11.5 -9.5
        Earnings per share (in EUR) 0.51 0.56 -
               
        Contract portfolio
         
        31 Jun 2019 31 Dec 2018 Change
        in %
        Group contract portfolio 126,200 129,700 -2.7
           Thereof Online Retail business field 42,400 44,700 -5.1
           Thereof Fleet Leasing business field 40,700 43,000 -5.4
           Thereof Fleet Management business unit 43,100 42,000 2.5
               
        Balance sheet figures
        in EUR million
        31 Jun 2019 31 Dec 2018 Change
        in %
        Total equity and liabilities 1,343.5 1,392.7 -3.5
        Lease assets 1,137.6 1,204.4 -5.5
        Financial liabilities 975.1 1,026.1 -5.0
        Equity 217.0 216.8 0.1
        Equity ratio (in %) 16.2 15.6 0.6 points
               
        Cash flow
        in EUR million
        H1
        2019
        H1
        2018
        Change
        in %
        Gross Cash flow 101.4 114.1 -11.1
        Investments in lease assets 194.9 280.9 -30.6
               

        --
        1
        Rounding differences possible

        2 Ratio of EBT to operating revenue



        12.08.2019 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.
        Archive at www.dgap.de



        show this

        Jul 29, 2019

        Sixt Leasing SE: Change in the Supervisory Board: Dr Julian zu Putlitz succeeds Dr Bernd Metzner

        DGAP-News: Sixt Leasing SE / Key word(s): Personnel

        29.07.2019 / 14:15
        The issuer is solely responsible for the content of this announcement.


        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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        29.07.2019 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.
        Archive at www.dgap.de



        show this

        Jun 25, 2019

        Sixt Leasing SE: Online market leader Sixt Neuwagen launches innovative sales partnership with Fiat and Tchibo

        DGAP-News: Sixt Leasing SE / Key word(s): Alliance/Product Launch

        25.06.2019 / 09:00
        The issuer is solely responsible for the content of this announcement.


        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

        • Innovative partnership model: First joint promotion between Sixt Neuwagen, car manufacturer, car dealer and marketing partner
        • Fiat 500 Lounge MY 2020 incl. City Package from EUR 85 per month* orderable for private customers exclusively via tchibo.de
        • Promotion runs from 25 June until 12 August as long as stocks last
        • Customers can choose between three colours, three durations as well as two mileages, and optionally book servicing packages
        • Offer to be advertised by Tchibo as part of its 'La Dolce Vita' Week World
        • Digital ordering process with Video-Ident and eSigning

        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
        The Fiat 500 Lounge MY 2020 convinces with Italian flair and extensive equipment. The variant offered as part of the 'La Dolce Vita' Week World is powered by a 69 hp petrol engine and can be ordered in the colours 'Gelato White', 'Opera Bordeaux Metallic' and 'Lattementa Green'. In addition, the promotional car comes standard, among others, with a two-year manufacturer's warranty, 15" alloy wheels, air conditioning, a remote control for central locking, a Uconnect radio with 7" HD touchscreen including Mirroring, as well as cruise control. Furthermore, the promotional Fiat is equipped with the City Package. This contains a rain sensor, incl. automatic driving light switch, as well as rear parking sensors.

        Digital process ensures convenient ordering process
        The special offer for the Fiat 500 Lounge can be accessed exclusively via the website www.tchibo.de/sixt-neuwagen. In addition to the colour, the desired duration and mileage is selectable. Duration is either 24, 36 or 48 months, and mileage 10,000 or 15,000 kilometres per year. Next, customers can order their city speedster via PC, smartphone or tablet using Sixt Neuwagen's digital ordering process. During the ordering process, all relevant data and information for the leasing contract can be entered and uploaded online. The usual identification process for leasing contracts is carried out conveniently by Video-Ident. Then, the contract can be signed without paper using eSigning.

        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
        In addition, customers can use attractive service products on request. Thus, an insurance as well as a maintenance and wear package can be booked on attractive terms already during the ordering process for the vehicle, and be included in the monthly leasing instalment. The insurance package with full cover, partial cover, motor vehicle liability and GAP cover is available for only EUR 58 per month. Depending on the combination of duration and mileage, the maintenance and wear package costs between EUR 23 and EUR 42 per month. Services related to this package will be handled exclusively through participating Fiat dealers. Further products and services can be ordered directly from Fiat's trading partners.

        Cooperation partner with strong brand and reach
        Within the 'La Dolce Vita' Week World at Tchibo, the special promotion for the Fiat 500 Lounge is being advertised by means of wide-ranging point of sale, offline and online measures. This particularly includes display stands and flyers in the Tchibo branches, integration in the in-store and order magazines, as well as newsletters and social media activities.

        --

        * 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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com

        About Fiat Chrysler Automobiles (FCA):
        Fiat Chrysler Automobiles (FCA) designs, engineers, manufactures and sells vehicles and related parts, services and production systems worldwide. FCA's automotive brands include Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Ram, Maserati. The Group's businesses also include Mopar (automotive parts and service), Comau (production systems) and Teksid (iron and castings). FCA has around 200,000 employees worldwide. Further information is available on the internet at www.fcagroup.com.

        About Tchibo:
        Tchibo operates more than 1,000 branches, more than 21,200 retail depots as well as national online shops in eight countries. With this multichannel distribution system, the company offers, in addition to coffee and the single-portion systems Cafissimo and Qbo, weekly changing non-food ranges and services, such as travel and mobile. In 2017, Tchibo generated sales of 3.2 billion euros with an international workforce of around 12,100 employees. Tchibo is the roasted coffee market leader in Germany, Austria, the Czech Republic and Hungary, and is one of the leading e-commerce companies in Europe.

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        25.06.2019 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.
        Archive at www.dgap.de



        show this

        Jun 17, 2019

        Sixt Leasing SE: Sixt Mobility Consulting drives international expansion - New management personnel in Austria, France and the Netherlands

        DGAP-News: Sixt Leasing SE / Key word(s): Expansion/Personnel

        17.06.2019 / 11:10
        The issuer is solely responsible for the content of this announcement.


        Sixt Mobility Consulting drives international expansion - New management personnel in Austria, France and the Netherlands

        • Rainer Pflügler is the new Managing Director of the Austrian subsidiary and will thus also serve customers in Eastern Europe in the future
        • Philippe Huillard is new Chief Sales Officer (CSO) in France
        • Bas Bogerd is new Chief Commercial Officer (CCO) in the Netherlands
        • Christoph v. Tschirschnitz, Managing Director Sixt Mobility Consulting: "With the new management personnel, we have significantly strengthened our international line-up and further set the course for our future growth in Europe."

        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:
        Sixt Mobility Consulting GmbH (SMC) is one of Europe's leading independent providers of fleet management services and a wholly-owned subsidiary of Sixt Leasing SE. SMC advises and supports company fleets, regardless of the manufacturer or the lessor. Its focus is on classic outsourcing of fleet management, including user services and support with fleet purchasing, by means of fully digitalised multi-bidding procedure, for instance. The scope of its advisory services for optimising the total cost of ownership and providing attractive mobility solutions for employees also comprises innovative, forward looking mobility concepts.
        www.mobility-consulting.com


        About Sixt Leasing:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        17.06.2019 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.
        Archive at www.dgap.de



        show this

        Jun 04, 2019

        Sixt Leasing SE: Annual General Meeting votes for stable dividend and extension of the corporate purpose

        DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM/Dividend

        04.06.2019 / 14:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE: Annual General Meeting votes for stable dividend and extension of the corporate purpose

        • Annual General Meeting adopts all proposals on agenda items from Managing Board and Supervisory Board by large majority
        • Shareholders approve stable dividend of EUR 0.48 per share for financial year 2018 and vote to extend the corporate purpose
        • Managing Board plans significant further development of product and service portfolio in the current year

        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
        Shareholders approved the proposal to distribute a dividend of EUR 0.48 per share for the 2018 financial year, which is in line with the previous year. This represents a total dividend payment of EUR 9.9 million. The dividend pay-out ratio is therefore around 45 per cent of consolidated net profit and so in the middle of the forecast target range of 30 per cent to 60 per cent of consolidated net profit. In terms of the closing price at year-end 2018, this represents a dividend yield of 4.2 per cent. Sixt Leasing SE is thus continuing its attractive dividend policy.

        Corporate purpose extended
        Shareholders also approved the proposal to expand the corporate purpose. In future, the Company will therefore be able to offer or broker certain products and services independently of any lease or fleet management contract. This includes damage management, maintenance and wear-and-tear packages, insurance or tyre services.

        2019 growth initiatives presented
        In a presentation entitled 'The future of longer-term auto-mobility', Michael Ruhl, Chief Executive Officer (CEO) since 1 January 2019, introduced his plans to shareholders for the further implementation of the strategy programme 'DRIVE>2021' that was launched in 2018. Accordingly, the service range of Sixt Leasing is to be further developed significantly in the current year, particularly in the areas of Products, Customer Experience, Segments & Markets and Processes. The focus will be on digitalisation throughout this.

        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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        04.06.2019 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.
        Archive at www.dgap.de



        show this

        May 08, 2019

        Sixt Leasing SE: Business development in Q1 2019 in line with expectations

        DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results/Quarterly / Interim Statement

        08.05.2019 / 07:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE: Business development in Q1 2019 in line with expectations

        • Slight decrease of Group contract portfolio and operating revenue
        • EBT with around EUR 7 million in line with expectations
        • Managing Board introducing measures in four areas to further improve business model
        • Forecast for 2019 financial year and medium-term targets for 2021 confirmed

        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."

        • In the Products area, the existing product range will be supplemented with new more flexible and bundled offerings in order to address individual customer groups even more specifically. Moreover, in addition to new car leasing, customers should be given the opportunity to lease used vehicles, and to book individual service products independently of a leasing or fleet management contract.
        • The Customer Experience will be improved further with more user-friendly online portals, applications and processes. App-based self-service functions should give users a simple and intuitive alternative to the currently still frequently used service processing via telephone, email or fax. Furthermore, Sixt Leasing is planning to open more of its own locations where customers can pick up and return their vehicle directly.
        • In the Segments & Markets area, the Group is putting a stronger focus on smaller corporate customers in the B2B business. The Fleet Management business unit will further develop into an integrated corporate mobility manager, offering not only standard fleet management services but also integration of innovative, forward-looking mobility concepts such as mobility budgets and car sharing. On top of that, the company is seeking to expand its international operations more aggressively.
        • Sixt Leasing will gradually automate and digitise Business Processes, which are still partly manual or analogue, in order to achieve more efficient procedures both for customers and within the organisation. At the same time, the cooperation between the business fields is to be intensified in order to make better use of synergies and optimise costs.

        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.


        Outlook

        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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        THE SIXT LEASING GROUP IN Q1 2019 AT A GLANCE1

               
        Revenue development
        in EUR million
        Q1 2019
         
        Q1 2018
         
        Change
        in %
           Operating revenue 119.7 120.3 -0.6
           Sales revenue 113.0 81.6 38.5
        Consolidated revenue 232.7 202.0 15.2
           Thereof Leasing business unit 206.6 177.1 16.7
              Thereof leasing revenue (finance rate) 56.4 58.3 -3.2
              Thereof other revenue from leasing business 47.8 48.9 -2.4
              Thereof sales revenue 102.4 69.9 46.6
           Thereof Fleet Management business unit 26.1 24.9 4.8
              Thereof fleet management revenue 15.5 13.1 17.9
              Thereof sales revenue 10.6 11.8 -9.8
               
        Earnings development
        in EUR million
        Q1 2019
         
        Q1 2018
         
        Change
        in %
        Fleet expenses and cost of lease assets 161.1 127.5 26.3
        Personnel expenses 10.6 9.1 16.4
        Net other operating income/expense -3.8 -4.5 14.8
        Earnings before interest, taxes, depreciation and amortisation (EBITDA) 57.2 60.9 -6.1
        Depreciation and amortisation expense 47.3 49.2 -4.0
        Net finance costs -2.9 -3.6 19.2
        Earnings before taxes (EBT) 7.0 8.0 -12.7
           Thereof Leasing business unit 6.2 7.0 -11.3
           Thereof Fleet Management business unit 0.8 1.0 -22.1
        Operating return on revenue (in %)2 5.9 6.7 -0.8 pp
        Income tax expense 1.4 2.2 -37.1
        Consolidated profit 5.7 5.9 -3.8
        Earnings per share (in EUR) 0.27 0.29 -
               
        Contract portfolio
         
        31/03/19
         
        31/12/18
         
        Change
        in %
        Group contract portfolio 125,600 129,700 -3.1
           Thereof Online Retail business field 42,400 44,700 -5.0
           Thereof Fleet Leasing business field 41,400 43,000 -3.7
           Thereof Fleet Management business unit 41,800 42,000 -0.6
               
        Balance sheet figures
        in EUR million
        31/03/19
         
        31/12/18
         
        Change
        in %
        Total equity and liabilities 1,358.9 1,392.7 -2.4
        Lease assets 1,151.6 1,204.4 -4.4
        Financial liabilities 975.9 1,026.1 -4.9
        Equity 222.6 216.8 2.7
        Equity ratio (in %) 16.4 15.6 0.8 pp
               
        Cash flow
        in EUR million
        Q1 2019
         
        Q1 2018
         
        Change
        in %
        Gross Cash flow 50.2 53.5 -6.2
        Investments in lease assets 93.4 157.2 -40.6
               

        1 Rounding differences possible
        2 Ratio of EBT to operating revenue



        08.05.2019 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.
        Archive at www.dgap.de



        show this

        Apr 16, 2019

        Sixt Leasing SE accelerates digitalisation of the business model and confirms forecasts

        DGAP-News: Sixt Leasing SE / Key word(s): Annual Results

        16.04.2019 / 08:31
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE accelerates digitalisation of the business model and confirms forecasts

        • Sixt Leasing publishes Annual Report 2018 and presents digitalisation initiatives for the financial year 2019
        • Shareholders to receive a stable dividend for the financial year 2018, subject to the approval of the Annual General Meeting
        • Managing Board still expects a significant increase in Group contract portfolio, consolidated operating revenue and EBT by the financial year 2021

        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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.

        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        16.04.2019 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.
        Archive at www.dgap.de



        show this

        Mar 13, 2019

        Sixt Leasing SE achieves record revenue and increases earnings in 2018 financial year

        DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results/Forecast

        13.03.2019 / 20:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE achieves record revenue and increases earnings in 2018 financial year

        • Group contract portfolio with around 130,000 contracts roughly at previous year's level
        • Consolidated operating revenue increases by almost six per cent to more than EUR 480 million
        • Consolidated earnings before taxes (EBT) rise by almost three per cent to more than EUR 30 million
        • Managing Board makes proposal to Supervisory Board of stable dividend of EUR 0.48 per share
        • Outlook for 2019: Slight increase in Group contract portfolio as well as stable consolidated operating revenue and EBT expected
        • CEO Michael Ruhl: "In 2019, we are strengthening our focus on the topic of digitisation in order to further optimise our product range and to make our internal and customer related processes more efficient."

        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 Online Retail business field decreased by 1.6 per cent to 44,700 contracts in 2018, remaining roughly on a par at the level of the previous year. This development was influenced by two factors in particular. Firstly, new business was weaker than in the previous year primarily due to the slow implementation of the new WLTP test procedure and the related tight delivery situation for certain manufacturers. And secondly, the number of expired contracts increased sharply in the 2018 financial year due to strong contract growth over the past years.

        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
        For the current 2019 financial year, the Managing Board is forecasting 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. For the first half of 2019, business development is expected to be significantly weaker than in the same period of the previous year as well as the expected business development in the second half of 2019.

        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).


        About Sixt Leasing:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2018, the Group generated consolidated revenue of EUR 806 million.

        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        Note:
        All fiscal year 2018 figures in this release are preliminary and subject to possible change. The final and audited 2018 consolidated annual financial statements for Sixt Leasing Group will be published on 16 April 2019.


        The Sixt Leasing Group in 2018 at a glance1

            
        Revenue development
        in EUR million
        2018
         
        2017
         
        Change
        in %
             Operating revenue480.5454.45.7
             Sales revenue325.3289.612.3
        Consolidated revenue805.8744.08.3
             Thereof Leasing business unit705.0637.810.5
                  Thereof leasing revenue (finance rate)235.2227.63.3
                  Thereof other revenue from leasing business190.4179.06.4
                  Thereof sales revenue279.4231.220.8
             Thereof Fleet Management business unit100.8106.1-5.0
                  Thereof fleet management revenue54.947.814.9
                  Thereof sales revenue46.058.4-21.2
            
        Earnings development
        in EUR million
        2018
         
        2017
         
        Change
        in %
        Fleet expenses and cost of lease assets-508.0-460.710.3
        Personnel expenses-36.5-33.010.4
        Net other operating income/expense-20.4-16.028.0
        Earnings before interest, taxes, depreciation and amortisation (EBITDA)240.8234.32.8
        Depreciation and amortisation expense-197.1-188.34.7
        Net finance costs-13.2-16.2-18.6
        Earnings before taxes (EBT)30.529.72.8
             Thereof Leasing business unit26.125.62.2
             Thereof Fleet Management business unit4.44.16.6
        Operating return on revenue (in %)26.46.5-0.1 points
        Income tax expense-8.6-8.8-2.6
        Consolidated profit22.020.95.1
        Earnings per share (in EUR)1.071.01-
            
        Contract portfolio
         
        31 Dec 201831 Dec 2017Change
        in %
        Group contract portfolio 129,700132,900-2.4
             Thereof Online Retail business field44,70045,400-1.6
             Thereof Fleet Leasing business field43,00048,100-10.5
             Thereof Fleet Management business unit42,00039,4006.6
            
        Balance sheet figures
        in EUR million
        31 Dec 201831 Dec 2017Change
        in %
        Total equity and liabilities1,392.71,442.8-3.5
        Lease assets1,204.41,219.2-1.2
        Equity216.8205.15.7
        Equity ratio (in %)15.614.21.4 points
            
        Cash flow
        in EUR million
        2018
         
        2017
         
        Change
        in %
        Gross Cash flow247.8216.714.3
        Investments in lease assets475.7619.2-23.2
            

        1 Preliminary figures according to IFRS; rounding differences possible
        2 Ratio of EBT to operating revenue



        13.03.2019 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.
        Archive at www.dgap.de



         

        show this

        Jan 31, 2019

        Sixt Leasing SE: Speed up and take off - Sixt Neuwagen launches joint promotion with Miles & More

        DGAP-News: Sixt Leasing SE / Key word(s): Alliance

        31.01.2019 / 10:10
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE: Speed up and take off - Sixt Neuwagen launches joint promotion with Miles & More

        • 15,000 award miles for Miles & More members who order an SUV from Sixt Neuwagen
        • Attractive SUVs from just EUR 139 per month
        • Promotion running from 1 to 28 February 2019
        • Dr Felix Frank: "Bargain hunters always stay mobile, be it on the road or in the air."

        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.


        ---
        * Offer valid while stocks last, prices subject to change. More terms and conditions of participation on https://www.sixt-neuwagen.de/milesandmore.

        ** 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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2017, the Group generated consolidated revenue of EUR 744 million.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        31.01.2019 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.
        Archive at www.dgap.de



        show this

        Jan 14, 2019

        Sixt Leasing starts exclusive fleet leasing cooperation with Iberofleeting in Spain and Portugal

        DGAP-News: Sixt Leasing SE / Key word(s): Alliance

        14.01.2019 / 09:30
        The issuer is solely responsible for the content of this announcement.


        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:
        Sixt Leasing SE based in Pullach near Munich is market leader 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 2017, the Group generated consolidated revenue of EUR 744 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 4723
        [email protected]



        14.01.2019 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.
        Archive at www.dgap.de



        show this

        Nov 14, 2018

        Sixt Leasing SE increases revenue and earnings in the first nine months of 2018

        DGAP-News: Sixt Leasing SE / Key word(s): 9-month figures/Quarterly / Interim Statement

        14.11.2018 / 07:31
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE increases revenue and earnings in the first nine months of 2018

        • Revenue increases by more than eight per cent to over EUR 600 million
        • EBT increases by 12.3 per cent to EUR 23.4 million compared to the same period last year that was burdened by special effects
        • Potential residual value risk from diesel vehicles significantly reduced
        • Managing Board confirms targets for 2018 that were adjusted in September

        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
        The potential residual value risk from diesel vehicles was reduced significantly in the first three quarters of 2018 as part of the strategy programme DRIVE>2021. In the period from January to September 2018, the share of new contracts for diesel vehicles without buyback agreement in Germany was just 15 per cent. In the fourth quarter of 2017, this figure was still at 28 per cent. Hence, Sixt Leasing SE has reached its self-defined target of around 15 per cent for the full-year 2018 already after nine months.

        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
        For the 2018 financial year, the Managing Board expects, in line with the forecast adjusted in September, a slight increase in consolidated operating revenue and EBITDA as well as an EBT and a Group's contract portfolio approximately at the previous year's level. The target for the operating return on revenue remains unchanged at 6.0 per cent.

        ---

        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:
        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.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        The Sixt Leasing Group in 9M 2018 at a glance1
         

        Revenue development
        in EUR million
        9M
        2018
        9M
        2017
        Change
        in %
        Q3
        2018
        Q3
        2017
        Change
        in %
        Consolidated revenue 600.1 553.0 8.5 205.8 184.3 11.7
        Thereof Leasing business unit 524.7 476.2 10.2 179.7 157.9 13.8
        Thereof leasing revenue (finance rate) 176.7 169.9 4.0 59.5 57.1 4.4
        Thereof other revenue from leasing business 141.7 129.8 9.2 48.2 43.1 11.9
        Thereof sales revenue 206.3 176.4 16.9 71.9 57.8 24.5
        Thereof Fleet Management business unit 75.4 76.8 -1.9 26.2 26.3 -0.7
        Thereof fleet management revenue 39.6 35.5 11.6 14.2 11.4 24.3
        Thereof sales revenue 35.8 41.4 -13.5 12.0 14.9 -19.7
                     
        Earnings development
        in EUR million
        9M
        2018
        9M
        2017
        Change
        in %
        Q3
        2018
        Q3
        2017
        Change
        in %
        Fleet expenses and cost of lease assets -378.0 -341.7 10.6 -131.7 -114.1 15.4
        Personnel expenses -27.2 -24.6 10.5 -8.5 -7.8 9.1
        Net other operating income/expense -13.6 -12.4 9.1 -5.3 -5.0 5.4
        Earnings before interest, taxes, depreciation and amortisation (EBITDA) 181.3 174.3 4.0 60.3 57.3 5.3
        Thereof Leasing business unit 177.8 171.3 3.8 59.0 56.3 4.8
        Thereof Fleet Management business unit 3.6 3.0 19.9 1.3 1.0 31.6
        Depreciation and amortisation expense -147.7 -140.4 5.2 -49.6 -49.7 -0.2
        Net finance costs -10.3 -13.1 -21.5 -3.1 -3.5 -10.6
        Earnings before taxes (EBT) 23.4 20.8 12.3 7.5 4.0 86.8
        Thereof Leasing business unit 19.9 17.9 10.6 6.2 3.1 101.8
        Thereof Fleet Management business unit 3.5 2.9 22.9 1.3 1.0 38.2
        Operating return on revenue (in %)2 6.5 6.2 0.3 pp 6.2 3.6 2.6 pp
        Income tax expense -5.5 -5.4 2.0 -1.2 -1.1 7.5
        Consolidated profit 17.8 15.4 16.0 6.3 2.9 118.0
        Earnings per share (in EUR) 0.87 0.75 -      
                     
        Contract portfolio
         
        30 Sep 2018 31 Dec 2017 Change
        in %
             
        Contract portfolio Group 131,300 132,900 -1.2      
        Thereof Online Retail business field 46,500 45,400 2.3      
        Thereof Fleet Leasing business field 44,100 48,100 -8.2      
        Thereof Fleet Management business unit 40,700 39,400 3.3      
                     
        Balance sheet figures
        in EUR million
        30 Sep 2018 31 Dec 2017 Change
        in %
             
        Total equity and liabilities 1,435.4 1,442.8 -0.5      
        Lease assets 1,253.1 1,219.2 2.8      
        Equity 213.4 205.1 4.0      
        Equity ratio (in %) 14.9 14.2 0.7 pp      
                     
        Cash Flow
        in EUR million
        9M
        2018
        9M
        2017
        Change
        in %
        Q3
        2018
        Q3
        2017
        Change
        in %
        Gross Cash flow 174.5 157.9 10.5 60.4 53.7 12.5
        Investments in lease assets 386.9 434.4 -10.9 106.0 153.1 -30.8

        ---
        1 Figures according to IFRS; rounding differences possible
        2 Ratio EBT to operating revenue (=consolidated revenue without sales revenue)



        14.11.2018 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.
        Archive at www.dgap.de



        show this

        Oct 30, 2018

        Change in the Managing Board of Sixt Leasing SE: Michael Martin Ruhl takes over CEO position from Thomas Spiegelhalter effective from 1 January 2019

        DGAP-News: Sixt Leasing SE / Key word(s): Change of Personnel

        30.10.2018 / 19:33
        The issuer is solely responsible for the content of this announcement.


        Change in the Managing Board of Sixt Leasing SE: Michael Martin Ruhl takes over CEO position from Thomas Spiegelhalter effective from 1 January 2019

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

        Michael Martin Ruhl 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.

        Before joining Hannover Leasing, Mr Ruhl worked for 17 years in leading sales positions. After various positions at the Commerzbank, the banker and banking business economist moved in 1997 to DaimlerChrysler Services Structured Finance GmbH, a predecessor company of DFH Deutsche Fonds Holding AG, where he was last a member of the Board.

        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:
        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.
        www.sixt-leasing.com


        Contact
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        30.10.2018 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.
        Archive at www.dgap.de



        show this

        Oct 11, 2018

        Sixt Leasing SE: Sixt Mobility Consulting under new leadership: Christoph von Tschirschnitz appointed Managing Director of Sixt Mobility Consulting, set to lead the future expansion in Europe

        DGAP-News: Sixt Leasing SE / Key word(s): Change of Personnel

        11.10.2018 / 12:00
        The issuer is solely responsible for the content of this announcement.


         

        Sixt Mobility Consulting under new leadership: Christoph von Tschirschnitz appointed Managing Director of Sixt Mobility Consulting, set to lead the future expansion in Europe

        • Christoph v. Tschirschnitz is coming from BMW Group, where he was most recently CEO of the Region Central & Southeastern Europe.
        • Sixt Mobility Consulting is on a strong growth and expansion course: Contract portfolio is set to increase by another 50 percent to more than 60,000 contracts by the end of 2021.
        • Sixt Leasing CEO Thomas Spiegelhalter: "Christoph v. Tschirschnitz will drive forward our growth plans in particular with his international management experience."

        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:
        Sixt Mobility Consulting GmbH is one of the leading independent providers of fleet management and a wholly-owned subsidiary of Sixt Leasing SE. The fleet specialist advises and supervises company fleets independently from manufactures and leasing providers. The business is focused on classic outsourcing of fleet management including user assistance as well as support in fleet procuring, for example through implementing multi-bidding processes. The consulting scope for improving the total cost of ownership and attractive mobility solutions for employees also includes innovative, forward-looking mobility concepts.

        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.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        11.10.2018 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.
        Archive at www.dgap.de



        show this

        Oct 04, 2018

        Sixt Leasing starts autumn with 'HotCars' promotion - Fiat 500 available at a special price starting at EUR 99 per month*

        DGAP-News: Sixt Leasing SE / Key word(s): Product Launch

        04.10.2018 / 14:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing starts autumn with 'HotCars' promotion - Fiat 500 available at a special price starting at EUR 99 per month*

        • Special offer until the end of 2018 featuring seven popular new car models at exceptionally attractive terms

        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:
        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.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 4723
        [email protected]



        04.10.2018 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.
        Archive at www.dgap.de



        show this

        Aug 14, 2018

        Sixt Leasing SE increases revenue to just under EUR 400 million in the first half of 2018

        DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results

        14.08.2018 / 07:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE increases revenue to just under EUR 400 million in the first half of 2018

        • Portfolio slightly increased to a total of 133,800 contracts due to growth in the Fleet Management and Online Retail business fields
        • Group revenue rose by around 7 per cent year on year to EUR 394 million, with EBT coming in as expected at almost EUR 16 million
        • Share of diesel vehicles without buyback agreement decreases again
        • Managing Board confirms targets for full-year 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 share of new contracts for diesel vehicles without buyback agreements in Germany fell by a further 6 percentage points to only around 11 per cent in the second quarter. Including foreign countries, this share was 19 per cent. As expected, the German stock of diesel vehicles with the Euro 5 standard or lower without buyback agreement also continued to decline to around 4,000 vehicles in the second quarter. In the meantime, almost all vehicles with the Euro 4 standard have been sold successfully. Overall, Sixt Leasing was able to further reduce the potential residual value risk from diesel vehicles.

        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.


        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.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        The Sixt Leasing Group in Q1 2018 at a glance1

        Revenue development
        in EUR million
        H1
        2018
        H1
        2017
        Change
        in %
        Q2
        2018
        Q2
        2017
        Change
        In %
        Consolidated revenue 394.3 368.7 6.9 192.3 181.1 6.2
           Thereof Leasing business unit 345.1 318.2 8.4 168.0 154.7 8.6
              Thereof leasing revenue (finance rate) 117.2 112.9 3.8 58.9 56.1 4.9
              Thereof other revenue f. leasing business 93.5 86.7 7.8 44.6 42.8 4.0
              Thereof sales revenue 134.4 118.7 13.3 64.5 55.8 15.7
           Thereof Fleet Management business unit 49.2 50.5 -2.6 24.3 25.6 -5.0
              Thereof fleet management revenue 25.4 24.1 5.6 12.3 12.2 1.1
              Thereof sales revenue 23.8 26.4 -10.0 12.0 14.2 -15.3
                     
        Earnings development
        in EUR million
        H1
        2018
        H1
        2017
        Change
        in %
        Q2
        2018
        Q2
        2017
        Change
        in %
        Fleet expenses and cost of lease assets -246.3 -227.5 8.3 -118.8 -110.9 7.1
        Personnel expenses -18.7 -16.8 11.2 -9.6 -8.7 9.7
        Net other operating income/expense -8.3 -7.4 11.6 -3.8 -1.6 138.2
        Earnings before interest, taxes, depreciation and amortisation (EBITDA) 121.0 117.0 3.4 60.2 59.9 0.5
           Thereof Leasing business unit 118.8 115.0 3.3 59.0 58.7 0.5
           Thereof Fleet Management business unit 2.3 2.0 14.1 1.2 1.2 1.2
        Depreciation and amortisation expense -98.1 -90.7 8.2 -48.9 -46.6 4.8
        Net finance costs -7.1 -9.6 -25.4 -3.5 -5.0 -28.8
        Earnings before taxes (EBT) 15.8 16.8 -5.6 7.8 8.3 -6.0
           Thereof Leasing business unit 13.6 14.9 -8.3 6.6 7.2 -7.4
           Thereof Fleet Management business unit 2.2 1.9 15.2 1.1 1.1 3.5
        Operating return on revenue (in %)2 6.7 7.5 -0.8 6.7 7.4 -0.7
        Income tax expense -4.3 -4.3 0.5 -2.1 -1.8 18.8
        Consolidated profit 11.5 12.5 -7.7 5.6 6.5 -12.9
        Earnings per share (in Euro) 0.56 0.61 -      
                     
        Contract portfolio
         
        30 Jun 2018 31 Dec 2017 Change
        in %
             
        Contract portfolio Group 133,800 132,900 0.7      
           Thereof Online Retail business field 47,000 45,400 3.6      
           Thereof Fleet leasing business field 45,600 48,100 -5.2      
           Thereof Fleet Management business unit 41,200 39,400 4.6      
                     
        Balance sheet figures
        in EUR million
        30 Jun 2018 31 Dec 2017 Change
        in %
             
        Total equity and liabilities 1,439.4 1,442.8 -0.2      
        Lease assets 1,265.0 1,219.2 3.8      
        Equity 206.2 205.1 0.5      
        Equity ratio (in %) 14.3 14.2 0.8      
                     
        Cash flow
        in EUR million
        H1
        2018
        H1
        2017
        Change
        in %
        Q2
        2018
        Q2
        2017
        Change
        in %
        Gross Cash flow 114.1 104.2 9.5 60.5 57.1 5.9
        Investments in lease assets 280.9 281.3 -0.1 123.7 148.5 -16.7


        ---
        1 Figures according to IFRS; rounding differences possible
        2 Ratio EBT to operating revenue (=consolidated revenue without sales revenue)



        14.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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        Jul 31, 2018

        Sixt Leasing appoints Dr Felix Frank from AutoScout24 as new Head of Online Business

        DGAP-News: Sixt Leasing SE / Key word(s): Change of Personnel

        31.07.2018 / 13:45
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing appoints Dr Felix Frank from AutoScout24 as new Head of Online Business

        • CEO Thomas Spiegelhalter: "Felix Frank is the ideal cast for this position. He will make a significant contribution to achieving our ambitious expansion plans."
        • With this step, next course for further dynamic growth in Online Retail set
        • Growth of contract portfolio by 140 percent until the end of 2021 planned

        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.

        www.sixt-leasing.com


        Contact:

        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        31.07.2018 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.
        Archive at www.dgap.de



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        Jul 02, 2018

        Sixt Leasing SE repays final partial loan amount to Sixt SE - reorganisation of Group financing thus successfully completed

        DGAP-News: Sixt Leasing SE / Key word(s): Financing

        02.07.2018 / 14:00
        The issuer is solely responsible for the content of this announcement.


         

        Sixt Leasing SE repays final partial loan amount to Sixt SE - reorganisation of Group financing thus successfully completed

        • Final outstanding amount of the Core Loan of EUR 190 million repaid to Sixt SE as planned at the earliest possible time in the end of June
        • Transition of the Group's financing towards independent financing instruments enables further improvements in the interest cost structure

        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.


        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.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        02.07.2018 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.
        Archive at www.dgap.de



        show this

        Jun 20, 2018

        Sixt Leasing SE: Annual General Meeting votes for stable dividend and re-election of Supervisory Board

        DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM/Dividend

        20.06.2018 / 10:33
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE: Annual General Meeting votes for stable dividend and re-election of Supervisory Board

        • Annual General Meeting adopts all proposals on agenda items from Managing Board and Supervisory Board by large majority
        • Shareholders approve dividend of EUR 0.48 per share for financial year 2017 and elect current Supervisory Board members for another term
        • Managing Board sees positive impact of strategy programme DRIVE>2021 and confirms forecast for financial year 2018

        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
        Shareholders approved the proposal to distribute a dividend of EUR 0.48 per share for the 2017 financial year, which is in line with the previous year. This represents a total pay-out of EUR 9.9 million. The dividend ratio is therefore around 47 per cent of consolidated profit and roughly in the middle of the target pay-out range of 30 to 60 per cent of consolidated profit. In terms of the closing price at year-end 2017 this represents a dividend yield of 2.5 per cent. Sixt Leasing SE is thus continuing its attractive dividend policy.

        Current Supervisory Board members re-elected
        Shareholders also elected the current Supervisory Board members Mr Erich Sixt, Mr Prof. Dr. Marcus Englert, and Mr Dr. Bernd Metzner. Before, they voted to cancel the right of Sixt SE to delegate one of the three Supervisory Board members for as long as it holds shares in Sixt Leasing SE. Following the corresponding changes to the Articles of Association, which were adopted by a majority of the shareholders at the Annual General Meeting, all the Supervisory Board members now have to be elected by the Annual General Meeting.

        Positive impact of strategy programme 'DRIVE>2021'
        Under the heading 'The future of mobility is digital', Thomas Spiegelhalter, CEO since
        1 January 2018, presented the new strategy programme 'DRIVE>2021' to shareholders. The acronym stands for digitalisation, risk management, internationalisation as well as volume and earnings growth until the year 2021. The programme aims to increase the pace of digitalisation, improve the risk-return profile, drive internationalisation forward and boost the number of contracts and earnings significantly.

        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.


        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 revenue of EUR 744 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 - 4518
        [email protected]



        20.06.2018 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.
        Archive at www.dgap.de



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        May 28, 2018

        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

        DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results/Quarterly / Interim Statement

        28.05.2018 / 07:35
        The issuer is solely responsible for the content of this announcement.


        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

        • Contract portfolio in the Online Retail business field tops contract portfolios in the Fleet Leasing and Fleet Management business fields for the first time
        • Consolidated revenue increases by almost 8 per cent year on year to EUR 202 million - EBT at EUR 8 million as expected
        • Share of diesel vehicles without buyback agreements in new orders successfully reduced
        • Advances in the implementation of the DRIVE>2021 strategy programme leave the Managing Board confident that targets for 2018 will be met

        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
        to 40,100 contracts. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) rose by 0.5 per cent to 133,500 contracts.

        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
        In the first quarter of 2018, Sixt Leasing successfully continued to reduce the potential residual value risk from diesel vehicles in the portfolio, as planned. The share of new contracts for diesel vehicles without buyback agreements noticeably decreased by 12 percentage points compared to the fourth quarter 2017, down to approximately 22 per cent. In Germany, the share decreased to only around 17 per cent. In addition, the German portfolio of diesel vehicles with Euro 5 standard or lower without buyback agreement decreased, as expected, from around 5,600 to around 4,700 vehicles in the period from the end of December to the end of March.

        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.


        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.

        www.sixt-leasing.de


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        The Sixt Leasing Group in Q1 2018 at a glance
        (Figures according to IFRS)1


        Revenue performance

        in EUR million Q1 2018 Q1 2017 Change in %
        Consolidated revenue 202.0 187.7 7.6
           Thereof Leasing business unit 177.1 163.5 8.3
              Thereof leasing revenue (finance rate) 58.3 56.7 2.7
              Thereof other revenue from leasing business 48.9 43.9 11.5
              Thereof sales revenue 69.9 62.9 11.1
           Thereof Fleet Management business unit 24.9 24.1 3.1
              Thereof fleet management revenue 13.1 11.9 10.3
              Thereof sales revenue 11.8 12.2 -3.8


        Earnings performance

        in EUR million Q1 2018 Q1 2017 Change in %
        Fleet expenses and cost of lease assets -127.5 -116.6 9.4
        Personnel expenses -9.1 -8.1 12.7
        Net other operating income/expenses -4.5 -5.8 -23.1
        Earnings before interest, taxes, depreciation and amortisation (EBITDA) 60.9 57.1 6.5
           Thereof Leasing business unit 59.8 56.3 6.1
           Thereof Fleet Management business unit 1.1 0.8 32.3
        Depreciation and amortisation -49.2 -44.1 11.7
        Net finance costs -3.6 -4.6 -21.8
        Earnings before taxes (EBT) 8.0 8.5 -5.3
           Thereof Leasing business unit 7.0 7.7 -9.1
           Thereof Fleet Management business unit 1.0 0.8 31.5
        Operating return on revenue (in %)2 6.7 7.5 -0.8 points
        Income tax expenses -2.2 -2.5 -12.8
        Consolidated profit 5.9 6.0 -2.2
        Earnings per share (in EUR) 0.29 0.29 -


        Further key figures

          31 Mar 2018 31 Dec 2017 Change in %
        Contract portfolio Group 133,500 132,900 0.5
           Thereof Online Retail 46,900 45,400 3.3
           Thereof Fleet Leasing 46,500 48,100 -3.3
           Thereof Fleet Management 40,100 39,400 1.9
        in EUR million 31 Mar 2018 31 Dec 2017 Change in %
        Total equity and liabilities 1,453.9 1,442.8 0.8
        Lease assets 1,258.2 1,219.2 3.2
        Equity 210.9 205.1 2.8
        Equity ratio (in %) 14.5 14.2 +0.3 points
        in EUR million Q1 2018 Q1 2017 Change in %
        Gross cash flow 53.5 47.1 13.7
        Investments in lease assets 157.2 132.8 18.4


        ---
        1 Rounding differences possible
        2 Ratio EBT to operating revenue (=consolidated revenue without sales revenue)



        28.05.2018 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.
        Archive at www.dgap.de



        show this

        May 02, 2018

        Sixt Leasing SE successfully issues a EUR 250 million bond as part of a new debt issuance programme

        DGAP-News: Sixt Leasing SE / Key word(s): Issue of Debt/Financing

        02.05.2018 / 12:54
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE successfully issues a EUR 250 million bond as part of a new debt issuance programme

        • Bond enables independent refinancing of the Sixt Leasing Group from Sixt SE and other growth investments
        • Issue marks successful start to a EUR 1 billion 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."


        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 revenue of EUR 744 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 - 4518
        [email protected]



        02.05.2018 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.
        Archive at www.dgap.de



        show this

        Apr 17, 2018

        Sixt Leasing SE retains positive outlook on business growth after record revenue in 2017 and the successful launch of the 'DRIVE>2021' strategy programme

        DGAP-News: Sixt Leasing SE / Key word(s): Final Results/Forecast

        17.04.2018 / 08:12
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE retains positive outlook on business growth after record revenue in 2017 and the successful launch of the 'DRIVE>2021' strategy programme

        • Sixt Leasing releases 2017 Annual Report recording record revenue and a significant increase of its contract portfolio
        • Supervisory Board approves Managing Board plan to propose a stable dividend for the fiscal year 2017 at Annual General Meeting
        • 'DRIVE>2021' strategy programme to form the basis for even stronger and more profitable growth in the future in the 2018 fiscal year
        • Contract portfolio, revenue and earnings expected to increase significantly by the end of 2021

        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.

        Therefore, the Managing Board continues to expect an increase of at least 60 per cent in the Group's contract portfolio to more than 220,000 contracts and a growth of consolidated revenue of at least one third to more than EUR 1 billion by the end of the 2021 fiscal year, with operating revenue increasing by 50 per cent to around EUR 700 million. The Managing Board is also maintaining its assumption that earnings before interest, taxes, depreciation and amortisation (EBITDA) and consolidated earnings before taxes (EBT) will each rise by around two thirds to around EUR 400 million and around EUR 50 million respectively by the 2021 fiscal year, with the operating return on revenue (EBT/operating revenue) therefore amounting to around 7 per cent in 2021.

        Thomas Spiegelhalter, CEO of Sixt Leasing SE: "Our successfully launched 'DRIVE>2021' strategy programme stands for Digitalisation, Risk management, Internationalisation as well as Volume and Earnings growth up to the year 2021. The aim of 'DRIVE>2021' is to increase the pace of digitalisation, to improve our risk-return profile, to further push ahead with internationalisation and to significantly increase the contract portfolio as well as earnings. The measures we have initiated have already shown a positive effect and make us confident of achieving our ambitious growth targets by the end of fiscal year 2021."

        This outlook is based on the figures presented in the 2017 Annual Report, which Sixt Leasing SE has published and made available for download at ir.sixt-leasing.de/annual-reports today. The report shows no deviations from the preliminary annual figures already released in March.

        Fiscal year 2017

        In fiscal year 2017, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) increased significantly by 17.0 per cent to 132,900 contracts compared to the previous year. The biggest growth driver was the Online Retail business field with a 65.6 per cent increase in the contract portfolio. The Fleet Leasing and Fleet Management business fields saw slight increases of 1.2 per cent and 1.9 per cent respectively.

        Consolidated revenue climbed by 4.2 per cent to reach a record amount of EUR 744.0 million. The Group's operating revenue (excluding sales revenue) improved by 5.7 per cent to EUR 454.4 million and thereby achieved a new record, too. Sales revenue from leasing returns and marketed customer vehicles saw a slight increase of 2.0 per cent to EUR 289.6 million.

        EBITDA increased slightly by 2.5 per cent to EUR 234.3 million while EBT decreased by 5.9 per cent to EUR 29.7 million as expected. As a result, the operating return on revenue fell slightly by 0.8 percentage points to 6.5 per cent, but at the same time remained above the target figure of 6.0 per cent. The equity ratio amounted to 14.2 per cent, down from 16.6 per cent in the previous year, and was thus also further above the minimum target of 14.0 per cent. Gross cash flow improved by 11.2 per cent to EUR 216.7 million. Investments in lease assets significantly increased by 31.3 per cent to EUR 619.2 million. The financial result improved noticeably by 16.8 per cent to EUR -16.2 million due to the repayment of a portion of the Core Loan in the amount of EUR 300 million to Sixt SE.

        Consolidated net profit declined by 15.2 per cent to EUR 20.9 million. Nevertheless, the Supervisory Board has approved the Managing Board's plan 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.

        Outlook 2018

        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. Moreover, the Managing Board continues to expect the Online Retail business field to become the largest business field within the Sixt Leasing Group as measured by contract portfolio size.

        Thomas Spiegelhalter: "The future of mobility is digital. For this reason, the digitalisation of new vehicle sales through our dynamically growing Online Retail business field will play a key role in the implementation of 'DRIVE>2021'. In the current fiscal year, Online Retail will already be the business field with the largest contract portfolio in the Sixt Leasing Group."


        About Sixt Leasing:

        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.

        www.sixt-leasing.de

        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 (0)89 744 444 518
        [email protected]



        17.04.2018 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.
        Archive at www.dgap.de



        show this

        Mar 14, 2018

        Sixt Leasing SE 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

        DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results/Forecast

        14.03.2018 / 07:30
        The issuer is solely responsible for the content of this announcement.


        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

        • Group revenue rise to new all-time high of EUR 744 million
        • Online Retail business field drives growth in Group's contract portfolio
        • Earnings before interest, taxes, depreciation and amortisation (EBITDA) grow by 2.5 per cent to EUR 234.3 million
        • Financial result significantly improved due to lower interest expenses
        • Earnings before taxes (EBT) of around EUR 30 million in line with expectations
        • 'DRIVE>2021' strategy programme initiated for profitable growth by 2021
        • Outlook for 2018: slight increase in contract portfolio, operating revenue and EBITDA expected as well as EBT approximately on prior year's level
        • Targets for 2021: Significant increase of contract portfolio to more than 220,000 contracts (+>60 per cent), increase in revenue to more than EUR 1 billion (+>33 per cent) and significant increase in EBT to around EUR 50 million (+66 per cent)

        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.

        Consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 2.5 per cent to EUR 234.3 million. As expected, consolidated earnings before taxes (EBT) fell by 5.9 per cent to EUR 29.7 million. The main reasons for this were growth investments in digitalisation and IT solutions as well as additional risk provisions for the residual values of leased vehicles. As a result, the operating return on revenue (EBT/operating revenue) fell slightly by 0.8 percentage points to 6.5 per cent, but remained above the target figure of 6.0 per cent. The equity ratio amounted to 14.2 per cent, down from 16.6 per cent in the previous year, and was thus also further above the minimum target of 14.0 per cent.

        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.

        Thomas Spiegelhalter, CEO of Sixt Leasing SE: "In 2017, we continued on our growth course and, in particular, successfully promoted the digitalisation of new vehicle sales. In 2018, we intend to lay the foundation for even stronger and more profitable growth in the future. To this end, we have initiated the strategy programme 'DRIVE>2021'. The name stands for Digitalisation, Risk management, Internationalisation as well as Volume and Earnings growth up to the year 2021. The aim of 'DRIVE>2021' is to increase the pace of digitalisation, to actively manage potential risks from diesel residual values, to further push ahead with internationalisation and to significantly increase the contract portfolio as well as earnings. First measures necessary for the implementation of the programme have already been initiated. 2018 will therefore become a transitional year. Over the next four years, however, we expect a noticeable positive effect, especially in the Online Retail and Fleet Management business fields, accompanied by a significant increase in contract portfolio, sales and earnings of the Sixt Leasing Group."

        Leasing segment (Fleet Leasing and Online Retail)
        The contract portfolio in the Leasing segment, which comprises the Fleet Leasing and Online Retail business fields, developed very positively in the fiscal year 2017. It rose by 24.7 per cent to 93,500 contracts (31 December 2017), three times as much as in the previous year. Online Retail continued its dynamic growth and increased the contract portfolio by 65.6 per cent to 45,400 contracts, as expected. At the same time, Fleet Leasing recorded a slight increase of 1.2 per cent to 48,100 contracts. Total revenue of the Leasing segment increased by 1.8 per cent to EUR 637.8 million. EBITDA improved by 2.3 per cent to EUR 230.0 million. EBT amounted to EUR 25.6 million and was thus 8.7 per cent below the previous year's figure.

        Fleet Management segment
        The contract portfolio in the Fleet Management segment increased further in 2017 and rose by 1.9 per cent to 39,400 contracts (31 December 2017) compared to the previous year. Total revenue again showed significant growth and climbed by 21.9 per cent to EUR 106.1 million. The main reason for this was the complete takeover and associated full consolidation of Sixt Mobility Consulting AG in Switzerland in the second half of 2016. As a result, the earnings figures continued to develop positively. EBITDA rose by 11.7 per cent to EUR 4.3 million, EBT even by 16.3 per cent to EUR 4.1 million.

        Group financing
        In the fiscal year 2017, Sixt Leasing was able to repay a significant portion amounting to EUR 300 million of the Core Loan provided by Sixt SE at the earliest possible point in time as planned, in particular through the successful placement of the debut bond for EUR 250 million. The remaining partial amount of EUR 190 million is to be repaid according to plan in 2018. This means that the reorganisation of Sixt Leasing Group's financing from Sixt SE to its own external financing instruments, which began in 2015, is still completely on schedule.
        Björn Waldow, CFO of Sixt Leasing SE: "With the successful repayment of the largest instalment of the Core Loan to Sixt SE to date, we are now on the home straight in terms of the reorganisation of our Group financing. The repayment of the remaining EUR 190 million in the current year will enable us to refinance our business completely independently of our main shareholder and further reduce interest costs."

        Risk situation
        The Managing Board is continuing to keep a close eye on the discussion regarding potential driving bans for older diesel vehicles. As of 31 December 2017, Sixt Leasing SE in Germany held approximately 5,600 diesel vehicles with Euro-5 and Euro-4 standard which are not covered by buyback agreements. As new diesel cars that do not comply with the Euro-6 standard are no longer registered since the end of 2015, the number of cars with a Euro-5 standard and below continues to fall. By the end of 2018, the Managing Board expects the number of such diesel cars to fall to merely around 2,500 vehicles.
         

        Strategy programme 'DRIVE>2021'

        Digitalisation
        Sixt Leasing wants to push ahead with the digitalisation of its business model even more quickly, especially in the Online Retail business field. To this end, new functions and services are to be introduced gradually on the sixt-neuwagen.de online platform from 2018 year onwards, such as a further optimised completely digital ordering process, a set of separately bookable service products, a demand configurator and a customer portal. In addition, the company aims to optimise interfaces to the 'analogue world' and thus improve the customer experience by establishing own locations for the delivery and return of leased vehicles in important metropolitan areas. In the Fleet Management business unit, the IT infrastructure is to be optimised in order to further improve customer processes and services and to reach new customer groups.

        Risk management
        Sixt Leasing intends to considerably improve the risk-return profile in the years to come. For this purpose, the company plans to reduce the potential risk of diesel vehicles in the contract portfolio significantly. This is to be accomplished through the reduction of the number of new contracts of diesel vehicles without a buyback agreement. Corresponding measures have already been initiated. The aim for the year 2018 is to reduce the number of new contracts for diesel vehicles without a buyback agreement significantly to around 15 per cent.

        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
        Sixt Leasing intends to expand both in Germany and abroad. In the Online Retail business field, the first step will be to optimise the business model and to further strengthen the position on the domestic market. To this end, the company wants to improve digital and analogue processes and boost sales, for example through sales cooperations and targeted special promotions for existing clients. In 2018, sixt-neuwagen.de will be prepared for transmission to private and commercial customers in other European countries. From 2019 onwards, the gradual expansion into selected markets such as France, Italy or Spain is planned. Simultaneously, Sixt Leasing wants to push ahead with the internationalisation in the Fleet Management business unit in a total of eight to nine European countries to cover the majority of the European market.

        Volume and earnings growth
        For the financial year 2018, the Managing Board expects a slight increase in the Group's contract portfolio. New business in Online Retail is expected to grow by around 20 per cent compared to the previous year's figure of around 12,000 new contracts (excluding contracts from the 'flat rate for the road' campaign with Peugeot and 1&1). In the Fleet Management business unit, the Managing Board anticipates a slight increase in the contract portfolio, while in the Fleet Leasing business field it anticipates a slight decline of the contract portfolio, especially due to active risk management regarding new diesel vehicles without a buyback agreement. According to the Managing Board's assessment. Operating revenue should increase slightly.

        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.


        The Sixt Leasing Group in 2017
        (Preliminary figures in accordance with IFRS)1


        Revenue performance

        in EUR million 2017 2016 Change in %
        Leasing segment 637.8 626.8 +1.8
        Fleet Management segment 106.1 87.1 +21.9
        Consolidated revenue 744.0 713.9 +4.2
        thereof consolidated operating revenue (without sales revenue) 454.4 430.0 +5.7
        thereof sales revenue 289.6 283.9 +2.0
         

        Earnings performance

        in EUR million 2017 2016 Change in %
        Fleet expenses and cost of lease assets2 460.7 439.3 +4.9
        Personnel expenses 33.0 25.0 +32.1
        Net other operating
        income/expense
        -16.0 -21.0 -23.8
        EBITDA 234.3 228.6 +2.5
        Depreciation and amortisation 188.3 177.5 +6.1
        Net finance costs -16.2 -19.5 -16.8
        Earnings before taxes (EBT) 29.7 31.6 -5.9
        Operating return on revenue (%)2 6.5 7.3 -0.8 points
        Income tax expenses 8.8 6.9 +27.0
        Consolidated profit 20.9 24.6 -15.2
        Earnings per share (in EUR)3 - basic and diluted 1.01 1.19 -
         

        Further KPIs

        in EUR million 31.12.2017 31.12.2016 Change in %
        Total equity and liabilities 1,442.8 1,172.2 +23.1
        Lease assets 1,219.2 1,020.8 +19.4
        Non-current liabilities to related parties4 - 490.0 -100.0
        Current liabilities to related parties5 193.9 3.8 >+100
        Financial liabilities6 865.9 353.7 >+100
        Equity 205.1 194.7 +5.4
        Equity ratio (%) 14.2 16.6 -2.4 points
          2017 2016 Change in %
        Gross Cash flow 216.7 194.8 +11.2
        Investments in lease assets7 619.2 471.7 +31.3


        1 Due to roundings it is possible that selected figures in this Press 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.
        2 Ratio of EBT to operating revenue
        3 Ratio of Group surplus attributable to the Group shareholders to weighted number of shares for the period
        4 Liabilities to Sixt SE (Core Loan)
        5 Mainly liabilities to Sixt SE; including EUR 190.0 million Core Loan
        6 Current and non-current financial liabilities, including finance leases
        7 Value of vehicles added to the leasing fleet


        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 revenue of EUR 744 million.

        www.sixt-leasing.de


        Contact:

        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 4518
        [email protected]


        Note:
        All fiscal year 2017 figures in this release are preliminary and subject to possible change. The final and audited 2017 consolidated annual financial statements for Sixt Leasing Group will be published on 17 April 2018.



        14.03.2018 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.
        Archive at www.dgap.de



        show this

        Feb 16, 2018

        Sixt Leasing SE: Dr Bernd Metzner is new member of the Supervisory Board of Sixt Leasing SE

        DGAP-News: Sixt Leasing SE / Key word(s): Change of Personnel

        16.02.2018 / 10:05
        The issuer is solely responsible for the content of this announcement.


        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:
        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
        Investor Relations
        Stefan Kraus
        +49 89 74444 - 4518
        [email protected]



        16.02.2018 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.
        Archive at www.dgap.de



        show this

        Dec 22, 2017

        Sixt Leasing SE: Major DAX customers of Sixt Mobility Consulting receive 'Fleet Europe Awards 2017'

        DGAP-News: Sixt Leasing SE / Key word(s): Miscellaneous

        22.12.2017 / 09:26
        The issuer is solely responsible for the content of this announcement.


        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:
        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.

        www.sixt-leasing.com
        www.mobility-consulting.com

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 - 4723
        [email protected]



        22.12.2017 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.
        Archive at www.dgap.de



        show this

        Nov 29, 2017

        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

        DGAP-News: Sixt Leasing SE / Key word(s): Product Launch/Market launch

        29.11.2017 / 11:17
        The issuer is solely responsible for the content of this announcement.


        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

        • Affordable e-mobility: flexible 12 to 24 month flat rate for a comprehensively equipped BMW i3 'E-Mobility Edition' including winter tyres, insurance, taxes, transfer and registration from 249 euros (incl. VAT)
        • Uncomplicated ordering process: paper-free and comfortable online contract conclusion via eSign, video-ident and online credit check
        • Concentrated brand strength: sales partnership with Yello pools competences in the online retail for new vehicles and the energy supply throughout Germany

        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.


        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.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 - 4518
        [email protected]



        29.11.2017 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.
        Archive at www.dgap.de



        show this

        Nov 14, 2017

        Sixt Leasing continues dynamic growth during the first nine months of 2017 - Online Retail business field expands contract portfolio by almost 70 percent

        DGAP-News: Sixt Leasing SE / Key word(s): 9-month figures/Quarterly / Interim Statement

        14.11.2017 / 07:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing continues dynamic growth during the first nine months of 2017 - Online Retail business field expands contract portfolio by almost 70 percent

        • Continued dynamic growth: Group contract portfolio substantially increases over first nine months of 2017
        • Digitalisation of new vehicle sales: in line with plan, Online Retail grows disproportionally strong in line with plan
        • Growth investments: expenses for the further development of innovative IT solutions adversely affect earnings


        Pullach, 14 November 2017 - Sixt Leasing SE, market leader in online sales of new vehicles and specialist for managing and offering full-service leasing for large fleets, continued its dynamic growth path during the first nine months of fiscal year 2017. As at 30 September 2017 the Group's contract portfolio increased by 17.4 percent against the previous year and to 130,300 contracts in total. With an increase of 68.7 percent to 43,500 contracts, the Online Retail business field once again took the lead as strongest growth driver. The Fleet Management and Fleet Leasing business fields expanded their contract portfolio by 3.6 percent to 39,300 contracts and 0.5 percent to 47,600 contracts.

        Björn Waldow, CFO of Sixt Leasing SE: "The dynamic growth of our promising Online Retail business field is keeping up as expected thanks above all to the successful introduction of new offers like the 'flat rate for the road', 'campervan leasing' and the 'environmental bonus' offered on our online platform sixt-neuwagen.de."

        Business performance
        Over the first nine months of fiscal year 2017 Group revenue increased by 3.4 percent compared to the same period the year before and totalled EUR 553.0 million. Operating revenue (without vehicle sales revenue) improved by 5.3 percent to EUR 335.2 million. The proceeds from the sale of returned leasing vehicles and the marketing of customer cars gained 0.7 percent to EUR 217.8 million.

        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.

        Björn Waldow: "As first mover in the growth market for new vehicle sales via the internet we are deliberately investing in projects to further develop our IT strategy. This includes, in particular, innovative IT solutions such as setting up a fully digital order process via Video-Ident and eSign on our online platform sixt-neuwagen.de. These expenses are burdening our earnings in the current growth phase. However, we are convinced that these investments will positively contribute on future earnings."

        Group financing
        Over the first nine months of 2017 Sixt Leasing SE was able to redeem as planned a significant amount of EUR 300 million from the Core Loan provided by Sixt SE following the successful placement of a bond at the earliest possible time. The remaining portion of EUR 190 million are expected to be repaid during fiscal year 2018 as planned. This means that the transfer of Sixt Leasing Group's financing from Sixt SE to external financing arrangements, which had started in 2015, continues to be fully on schedule.

        New CEO
        On 16 October 2017, the Supervisory Board of Sixt Leasing SE appointed Mr. Thomas Spiegelhalter (53) as new Chairman of the Managing Board (CEO), effective as at 1 January 2018. Currently Mr. Spiegelhalter is spokesman of the management board of BERESA Group, one of Germany's largest Mercedes-Benz car dealer groups. As CEO of Sixt Leasing SE he will sign responsible for the strategic development of the company, sales and marketing as well as the purchasing, IT and HR. He will take over the office from Rudolf Rizzolli, whose contract expires.

        Outlook
        The Managing Board confirms the modified earnings forecast from October. Accordingly, it expects an EBT of around EUR 30 million for fiscal year 2017. Moreover, the Managing Board continues to expect an increase of the Group's contract portfolio, around 45,000 contracts in the Online Retail business field as well as a slight increase of operating revenue by the end of the year.


        The Sixt Leasing Group in 9M 2017 at a glance

        (Figures in accordance with IFRS)1


        Revenue performance

        in EUR million 9M 2017 9M 2016 Change
        in %
        Q3 2017 Q3 2016 Change
        in %
        Leasing segment 476.2 473.0 +0.7 157.9 160.2 -1.4
        Fleet Management segment 76.8 61.7 +24.6 26.3 21.1 +24.7
        Consolidated revenue
        thereof consolidated operating revenue (without sales revenue)
        thereof sales revenue
        553.0

        335.2
        217.8
        534.7

        318.4
        216.3
        +3.4

        +5.3
        +0.7
        184.3

        111.6
        72.7
        181.3

        107.5
        73.7
        +1.6

        +3.8
        -1.4
         

        Earnings performance

        in EUR million 9M 2017 9M 2016 Change
        in %
        Q3 2017 Q3 2016 Change
        in %
        Fleet expenses and cost of lease assets2 341.7 330.0 +3.5 114.1 112.6 +1.4
        Personnel expenses 24.6 18.4 +33.8 7.8 6.7 +17.3
        Depreciation and amortisation2 140.4 131.4 +6.9 49.7 43.3 +14.9
        Net other operating
        income/expense
        -12.4 -15.7 -20.8 -5.0 -6.7 -25.4
        Net finance costs -13.1 -15.2 -14.3 -3.5 -4.3 -18.6
        Earnings before taxes (EBT) 20.8 23.9 -12.9 4.0 7.6 -47.1
        Operating return on revenue (%)3 6.2 7.5 -1.3 points 3.6 7.1 -3.5 points
        Income tax expenses 5.4 6.4 -15.7 1.1 2.2 -47.5
        Consolidated profit 15.4 17.5 -11.9 2.9 5.5 -47.0
        Earnings per share (in EUR)4 - basic and diluted 0.75 0.85 - 0.14 0.27 -
         

        Balance sheet figures

        in EUR million 30 Sep 2017 31 Dec 2016 Change in %
        Total assets 1,335.6 1,172.2 +13.9
        Lease assets 1,138.9 1,020.8 +11.6
        Non-current liabilities to related parties5 190.0 490.0 -61.2
        Current liabilities to related parties6 3.2 3.8 -15.3
        Financial liabilities7 765.8 353.7 >+100
        Equity 199.6 194.7 +2.5
        Equity ratio (%) 14.9 16.6 -1.7 points
          9M 2017 9M 2016 Change in %
        Investments in lease assets8 434.4 343.6 +26.4
         

        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.
        2 The write-downs on lease assets intended for sale are accounted as fleet expenses and cost of lease assets since the financial year 2016. The figures of the previous year are adjusted accordingly.
        3 Ratio of EBT to operating revenue
        4 Ratio of consolidated profit attributable to the Group shareholders to weighted number of shares for the period
        5 Liabilities to Sixt SE (Core Loan)
        6 Mainly liabilities to Sixt SE
        7 Current and non-current financial liabilities, including finance leases
        8 Value of vehicles added to the leasing fleet


        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.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Investor Relations
        Stefan Kraus
        +49 89 74444 - 4518
        [email protected]



        14.11.2017 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.
        Archive at www.dgap.de



        show this

        Oct 16, 2017

        Thomas Spiegelhalter appointed new CEO of Sixt Leasing SE as of 1 January 2018

        • Supervisory Board extends appointment of CFO Björn Waldow until 2021

        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.

        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 - 4723
        [email protected]

        Aug 16, 2017

        Sixt Leasing: Further dynamic growth of Online business in the first half of 2017

        DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results/Quarter Results

        16.08.2017 / 07:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing: Further dynamic growth of Online business in the first half of 2017
        • Online Retail: Business field for new vehicle sales via internet brings substantial lift to the contract portfolio in the first half of 2017
        • Progress in Group financing: Repayment of EUR 300 million according to plan means further savings in interest costs in second half of the year
        • Positive outlook: Managing Board expects continued revenue and earnings growth in fiscal year 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
        While the contract portfolio for the Online Retail business field gained 55.1 percent in the first six months of 2017 to 42,500 contracts, the number of contracts for the other two business fields remained stable. Fleet Leasing recorded 47,600 contracts by the end of June 2017, a plus of 0.1 percent. For the Leasing business unit, which comprises the Online Retail and Fleet Leasing business fields, the number of contracts climbed to 90,100 contracts, 20.2 percent more than at the end of 2016. The Fleet Management business unit recorded a gain of 0.4 percent to 38,800 contracts. Over the period from the end of 2016 to the end of June 2017, the Group's total number of contracts inside and outside Germany (excluding franchise and cooperation partners) gained 13.5 percent to 128,900 contracts. Compared to 30 June 2016 the growth of the Group's contract portfolio even came to 22.6 percent.

        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
        Following the successful placement of a bond, Sixt Leasing SE was able to redeem a significant volume in the amount of EUR 300 million from the Core Loan provided by Sixt SE as planned at the earliest time on 30 June 2017. Hence, the transfer of Sixt Leasing Group's financing from Sixt SE to external financing arrangements, which had started in 2015, continues to be fully in line with the schedule.

        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."

        Outlook
        For the full fiscal year 2017 and on the basis of the successful business performance of the first six months, the Company expects to see a further growth of the contract portfolio, an increase of earnings before taxes (EBT) in the high single-digit percentage range, a slight improvement in operating revenue and an equity ratio above the targeted minimum figure of 14 percent. Moreover, the Managing Board specifies its forecast for the Online Retail business field. Given the ongoing dynamic growth seen in the first six months of 2017, above all thanks to the 'flat rate for the road' offer, the Managing Board expects the contract portfolio to reach around 45,000 contracts by the end of the year.


        The Sixt Leasing Group in H1 2017 at a glance

        (Figures in accordance with IFRS)1

        Revenue performance

        in EUR million H1 2017 H1 2016 Change
        in %
        Q2 2017 Q2 2016 Change
        in %
        Leasing segment 318.2 312.9 +1.7 154.7 159.6 -3.1
        Fleet Management segment 50.5 40.5 +24.6 26.4 19.5 +35.2
        Consolidated revenue
        thereof consolidated operating revenue
        (without sales revenue)
        thereof sales revenue
        368.7

        223.6
        145.1
        353.4

        210.9
        142.5
        +4.3

        +6.0
        +1.8
        181.1

        111.1
        70.0
        179.1

        107.5
        71.5
        +1.1

        +3.3
        -2.2

        Earnings performance
         
        in EUR million H1 2017 H1 2016 Change
        in %
        Q2 2017 Q2 2016 Change
        in %
        Fleet expenses and cost of lease assets2 227.5 217.5 +4.6 110.9 110.6 +0.3
        Personnel expenses 16.8 11.7 +43.2 8.7 6.1 +42.1
        Depreciation and amortisation2 90.7 88.1 +2.9 46.6 44.0 +5.9
        Net other operating
        income/expense
        -7.4 -9.0 -17.4 -1.6 -4.9 -67.5
        Net finance costs -9.6 -10.9 -12.3 -5.0 -5.3 -6.1
        Earnings before taxes (EBT) 16.8 16.2 +3.2 8.3 8.2 +1.3
        Operating return on revenue (%)3 7.5 7.7 -0.2 points 7.4 7.6 -0.2 points
        Income tax expenses 4.3 4.3 +0.5 1.8 2.1 -12.3
        Consolidated profit 12.5 12.0 +4.1 6.5 6.1 +5.8
        Earnings per share (in EUR)4 - basic and diluted 0.61 0.58 - 0.31 0.30 -

        Balance sheet figures
         
        in EUR million 30 Jun 2017 31 Dec 2016 Change in %
        Total assets 1,270.0 1,172.2 +8.3
        Lease assets 1,093.4 1,020.8 +7.1
        Non-current liabilities to related parties5 190.0 490.0 -61.2
        Current liabilities to related parties6 6.8 3.8 +79.1
        Financial liabilities7 715.2 353.7 >+100
        Equity 197.1 194.7 +1.2
        Equity ratio (%) 15.5 16.6 -1.1 points
          H1 2017 H1 2016 Change in %
        Investments in lease assets8 281.3 222.4 +26.5
         

        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.
        2 The write-downs on lease assets intended for sale are accounted as fleet expenses and cost of lease assets since the financial year 2016. The figures of the previous year are adjusted accordingly.
        3 Ratio of EBT to operating revenue
        4 Ratio of consolidated profit attributable to the Group shareholders to weighted number of shares for the period
        5 Liabilities to Sixt SE (Core Loan)
        6 Mainly liabilities to Sixt SE
        7 Current and non-current financial liabilities, including finance leases
        8 Value of vehicles added to the leasing fleet


        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.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 - 4518
        [email protected]



        16.08.2017 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.
        Archive at www.dgap.de



        show this

        Jun 30, 2017

        Sixt Leasing SE: AGM resolves on dividend increase and share-based compensation system

        DGAP-News: Sixt Leasing SE / Key word(s): AGM/EGM/Dividend

        30.06.2017 / 14:45
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE: AGM resolves on dividend increase and share-based compensation system
        • Widespread approval: Large majority of shareholders accepts all of the proposals put on the agenda by Managing Board and Supervisory Board
        • Dividend increased by 20 percent over previous year: Pay-out of EUR 0.48 per share for fiscal year 2016
        • Share-based compensation: Introduction of a long-term compensation system for management
        • Positive outlook confirmed: Digitalisation drives profitable growth

        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
        The shareholders' meeting approved the proposed dividend of EUR 0.48 per share for the fiscal year 2016. This places the dividend 20 percent above the level of last year. In order to allow shareholders to participate even more in the company's sustained, dynamic and profitable growth via their dividends, the Managing Board raised the target pay-out ratio from 30 to 40 percent to 30 to 60 percent of consolidated profit, beginning with the 2017 financial year.

        New, share-based compensation model
        Shareholders also passed a stock option programme. This is linked to ambitious targets and envisages that members of the Managing Board and selected managers will receive share options which can be converted to shares after four years. Options can be serviced in cash or in treasury shares, in conjunction with two share price thresholds. If the share price rises by 30 percent, then 60 percent of options may be exercised; if it rises by 50 percent, all options may be exercised.

        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
        In his speech entitled "Digitalisation drives profitable growth", Rudolf Rizzolli, CEO of Sixt Leasing SE, presented the company's current strategy. This envisages Online Retail becoming the largest business field in the mid-term on account of its dynamic growth. In Fleet Leasing, which is still the largest business field for now, the company intends to offer more IT solutions as well as online and mobile services. Digitalisation will also play an important role in the future of the fleet management business, where the online-based Sixt Global Reporting Tool which is already in use will provide customers with potential savings and promote growth.

        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.


        About Sixt Leasing:
        Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) based in Pullach near Munich is market leader in online sales of new vehicles and 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.

        www.sixt-leasing.de

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 - 4518
        [email protected]



        30.06.2017 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.
        Archive at www.dgap.de



        show this

        May 10, 2017

        Sixt Leasing affirms outlook for full-year 2017 following strong growth in Q1

        DGAP-News: Sixt Leasing SE / Key word(s): Quarter Results

        10.05.2017 / 07:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing affirms outlook for full-year 2017 following strong growth in Q1

        • Positive outlook: Managing Board expects dynamic revenue and earnings growth to continue in fiscal year 2017
        • Growth driver Online Retail: Business field for online sales of new vehicles gains around 58 percent year-on-year in Q1 2017 to further increase contract portfolio
        • Milestone in Group financing: Successful placement of bond with volume of EUR 250 million and coupon of 1.125 percent

        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
        60 percent year-on-year we have started very well into the new year and underpinned once again that the future of new vehicle sales is digital."

        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
        15.7 percent due to the bond placement, but was still substantially above the declared minimum of 14.0 percent.

        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."


        The Sixt Leasing Group in Q1 2017 at a glance

        (Figures in accordance with IFRS)1
         

        Revenue performance

        in EUR million Q1 2017 Q1 2016 Change in %
        Leasing Segment 163.5 153.3 +6.7
        Fleet Management segment 24.1 21.0 +14.7
        Consolidated revenue 187.7 174.3 +7.6
        thereof consolidated operating revenue (without sales revenue) 112.5 103.4 +8.9
        thereof sales revenue 75.1 71.0 +5.9
         

        Earnings performance

        in EUR million Q1 2017 Q1 2016 Change in %
        Fleet expenses and cost of lease assets2 116.6 106.9 +9.1
        Personnel expenses 8.1 5.6 +44.4
        Depreciation and amortisation2 44.1 44.1 +0.0
        Net other operating
        income/expense

        -5.8

        -4.1

        +43.1
        Net finance costs -4.6 -5.6 -18.1
        Earnings before taxes (EBT) 8.5 8.1 +5.1
        Operating return on revenue (%)3 7.5 7.8 -0.3 points
        Income tax expenses 2.5 2.2 +12.5
        Consolidated profit 6.0 5.9 +2.3
        Earnings per share (in EUR)4 - basic and diluted 0.29 0.29 -
         

        Balance sheet figures

        in EUR million 31 Mar 2017 31 Dec 2016 Change in %
        Total assets 1,280.2 1,172.2 +9.2
        Lease assets 1,050.5 1,020.8 +2.9
        Non-current liabilities to related parties5 190.0 490.0 -61.2
        Current liabilities to related parties6 303.2 3.8 >+100
        Financial liabilities7 442.3 353.7 +25.0
        Equity 200.7 194.7 +3.1
        Equity ratio (%) 15.7 16.6 -0.9 points
          Q1 2017 Q1 2016 Change in %
        Investments in lease assets8 132.8 106.4 +24.8


        1 Due to roundings, it is possible that selected figures in this Press 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.
        2 The write-downs on lease assets intended for sale are accounted as fleet expenses and cost of lease assets since the financial year 2016. The figures of the previous year are adjusted accordingly.
        3 Ratio of EBT to operating revenue
        4 Ratio of consolidated profit attributable to the Group shareholders to weighted number of shares for the period
        5 Liabilities to Sixt SE (Core Loan)
        6 Mainly liabilities to Sixt SE
        7 Current and non-current financial liabilities, including finance leases
        8 Value of vehicles added to the leasing fleet


        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.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 - 4723
        [email protected]



        10.05.2017 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.
        Archive at www.dgap.de



        show this

        Apr 24, 2017

        Sixt Leasing raises forecast for online business in 2017 significantly after most successful year in the company's history

        DGAP-News: Sixt Leasing SE / Key word(s): Final Results/Dividend

        24.04.2017 / 08:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing raises forecast for online business in 2017 significantly after most successful year in the company's history

        • Annual Report 2016 published: Sixt Leasing records most successful fiscal year in corporate history
        • Attractive dividend policy: Increase of dividend per share by 20 per cent to EUR 0.48 and expansion of target distribution range to 30-60 per cent of consolidated net profit
        • Higher contract portfolio expected: Forecast for Online Retail contract portfolio upgraded to significantly more than 40,000 contracts by the end of 2017
        • Outlook confirmed: Managing Board expects dynamic growth to continue in fiscal year 2017

        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:
        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 2016 the Group generated consolidated revenues of EUR 714 million.

        www.sixt-leasing.com
         

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 - 4518
        [email protected]



        24.04.2017 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.
        Archive at www.dgap.de



        show this

        Mar 14, 2017

        Sixt Leasing SE: 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

        DGAP-News: Sixt Leasing SE / Key word(s): Preliminary Results/Forecast

        14.03.2017 / 07:30
        The issuer is solely responsible for the content of this announcement.


        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

        • Revenue and earnings increase to new peak values
        • Strong growth in the online business and in Fleet Management continues unabated
        • Contract volume climbed by 10 per cent to 113,600 contracts - in the online business field even by about 30 per cent
        • Profitability and equity ratio improved despite high future investments
        • Dividend increase by 20 per cent to EUR 0.48 per share
        • Significant interest savings through optimisation of financial structure
        • Growth outlook for 2017 in the online business field nearly doubled through increase of 8,600 to a total of 36,000 contracts
        • Increase of consolidated EBT 2017 in the high single-digit per centage range

        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)
        The Leasing business unit, which consists of the Fleet Leasing and Online Retail business fields underwent a positive development in fiscal year 2016. Compared to 2015, the contract portfolio rose by 8.0 per cent to 74,900 contracts (31 December 2016). Thus, the dynamic growth in Online Retail of 29.9 per cent to 27,400 contracts was more than able to make up for the slight decline in Fleet Leasing of 1.6 per cent to 47,500 contracts. Total revenue of the Leasing business unit increased by 5.6 per cent to EUR 626.8 million. Earnings before taxes (EBT) of the Leasing business unit increased as a result of the operating growth, the improved earnings quality in the contract portfolio and a drop in the average interest expenses due to the reorganisation of Group financing by 2.1 per cent to EUR 28.0 million. Investments in the long-term growth of the Online Retail business field had an inverse effect.

        Fleet Management business unit
        The Fleet Management business unit underwent a very positive development during fiscal 2016. Compared to the previous year, the contract portfolio increased by 14.3 per cent to 38,700 contracts (31 December 2016), in particular due to the complete takeover of the present Sixt Mobility Consulting AG in Switzerland. Total revenue of the Fleet Management business unit increased by 21.1 per cent to EUR 87.1 million. Earnings before taxes (EBT) of the Fleet Management business unit also saw very positive growth and rose by 25.1 per cent to EUR 3.5 million.

        Financing
        Sixt Leasing SE was able to reach several milestones in fiscal year 2016 concerning the set-up of a Group financing that is diversified and independent from Sixt SE. In May, Sixt Leasing SE successfully placed its first borrower's note loan for EUR 30 million with institutional investors. In July, the company reached its target volume of EUR 500 million just one month after starting the asset-backed securities (ABS) programme to refinance leasing contracts. In January 2017, the company placed its first bond with a volume of EUR 250 million. Last year, Sixt Leasing SE also repaid EUR 209 million of the Core Loan provided by Sixt SE. Thus, the amount outstanding under this loan amounts to EUR 490 million as of 31 December 2016.

        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."

        Innovation in 2017
        In March 2017, Sixt Leasing was the first provider to introduce a "flat rate for the road" along with a fully digital online ordering process, and thus reached the next milestone in the online strategy. The new vehicle flat rate initially offered within the scope of a collaboration with the mobile telephony and internet provider 1&1 includes, in addition to the vehicle, an all-in carefree package covering all costs for transfer, registration, taxes and insurance. With the additionally bookable Flexi-Lease option, the 12-month basic term can be extended flexibly at a later point in time by up to 30 months.

        "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
        For fiscal 2017 and the following years, Sixt Leasing wants to continue the path of profitable growth taken to date and further expand its position as an innovative and high-margin mobility provider on the German market.

        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.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0) 89 / 99 24 96 - 30
        Fax: +49 (0) 89 / 99 24 96 - 32
        E-Mail: [email protected]
         

        Note:
        All fiscal year 2016 figures in this press release are preliminary and subject to possible change. The final and audited 2016 consolidated annual financial statements for Sixt Leasing SE will be published on 24 April 2017.



        The Sixt Leasing Group in 2016
        (Preliminary figures in accordance with IFRS)1

        Revenue performance

        in EUR million 2016 2015 Change in %
        Leasing Segment 626.8 593.5 +5.6
        Fleet Management segment 87.1 71.9 +21.1
        Consolidated revenue 713.9 665.4 +7.3
        thereof consolidated operating revenue (without sales revenue) 430.0 429.8 0
        thereof sales revenue 283.9 235.6 +20.5
         

        Earnings performance

        in EUR million 2016 2015 Change in %
        Fleet expenses and cost of lease assets2 439.3 408.5 +7.5
        Personnel expenses 25.0 20.2 +23.7
        Depreciation and amortisation2 177.5 171.5 +3.5
        Net other operating
        income/expense
        -21.0 -13.6 +53.9
        Net finance costs -19.5 -21.3 -8.4
        Earnings before taxes (EBT) 31.6 30.3 +4.3
        Operating return on revenue (%)3 7.3 7.0 +0.3 points
        Income tax expenses 6.9 7.7 -13.3
        Consolidated profit 24.6 22.5 +9.3
        Earnings per share (in EUR)4 - basic and diluted 1.19 1.20  
         

        Balance sheet figures

        in EUR million 31.12.2016 31.12.2015 Change in %
        Total equity and liabilities 1,172.2 1,112.9 +5.3
        Lease assets 1,020.8 957.8 +6.6
        Non-current liabilities to related parties5 490.0 699.0 -29.9
        Current liabilities to related parties6 3.8 4.0 -6.4
        Financial liabilities7 353.7 97.3 >+100
        Equity 194.7 178.3 +9.2
        Equity ratio (%) 16.6 16.0 +0.6 points
          2016 2015 Change in %
        Investments in lease assets8 471.7 424.1 +11.2


        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.
        2 The write-downs on lease assets intended for sale are accounted as fleet expenses and cost of lease assets since the financial year 2016. The figures of the previous year are adjusted accordingly.
        3 Ratio of EBT to operating revenue
        4 Ratio of Group surplus attributable to the Group shareholders to weighted number of shares for the period
        5 Liabilities to Sixt SE (Core Loan)
        6 Mainly liabilities to Sixt SE
        7 Current and non-current financial liabilities, including finance leases
        8 Value of vehicles added to the leasing fleet



        14.03.2017 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.
        Archive at www.dgap.de



        show this

        Mar 01, 2017

        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

        DGAP-News: Sixt Leasing SE / Key word(s): Market launch/Alliance

        01.03.2017 / 10:00
        The issuer is solely responsible for the content of this announcement.


        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

        • Forward-looking service: Flexible 12- to 30-month flat rate for a fully equipped Peugeot 208 including registration, transfer, taxes and insurance from 99.99 euros (incl. VAT)
        • Digital shopping basket: Online new vehicle order placement and contract conclusion by means of video-ident and eSign
        • Strong partner: As a cooperation partner, the mobile telephony pioneer 1&1 emphasises Sixt Leasing's innovative capacity in the area of online retail for new vehicles
        • CEO Rudolf Rizzolli: 'Our customers don't want to buy cars. They want mobility - preferably online, flexible and on the basis of an affordable all-in flat rate that they can plan with.'

        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.


        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 665 million euros.

        www.sixt-leasing.com


        Contact:
        Sixt Leasing SE
        Corporate Communications
        Stefan Kraus
        +49 89 74444 4518
        [email protected]



        01.03.2017 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.
        Archive at www.dgap.de



        show this

        Jan 26, 2017

        Sixt Leasing SE successfully issues debut bond worth 250 million Euro

        DGAP-News: Sixt Leasing SE / Key word(s): Issue of Debt

        26.01.2017 / 17:44
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing SE successfully issues debut bond worth 250 million Euro

        • Coupon: 1.125% per year
        • Term: 4 years
        • Further important milestone in setting up an independent and diversified Group financing
        • CFO Björn Waldow: "The successful issue confirms the very good reputation that Sixt Leasing has established for itself since the IPO in 2015."

        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."


        About Sixt Leasing
        Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For about 50 years the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 35 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Online Retail (private and commercial customer leasing).
        In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services.
        Since 7 May 2015 the shares of Sixt Leasing SE are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2015 the Group generated revenues of EUR 665 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0) 89 / 99 24 96 - 30
        Fax: +49 (0) 89 / 99 24 96 - 32
        E-Mail: [email protected]



        26.01.2017 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.
        Archive at www.dgap.de



        show this

        Nov 16, 2016

        Sixt Leasing SE: Sixt Leasing expands contract portfolio and raises profitability during first nine months of 2016

        DGAP-News: Sixt Leasing SE / Key word(s): 9-month figures/Quarterly / Interim Statement

        2016-11-16 / 07:31
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing expands contract portfolio and raises profitability during first nine months of 2016

        • Consolidated revenue up by 7.3% to EUR 534.7 million after nine months
        • Group EBT increases above average by 9.8% to EUR 23.9 million despite higher expenditures for growth initiatives
        • Operating return on revenue improves by 11.9% to 7.5%
        • Contract portfolio gains 7.5% to 111,000 contracts
        • Reorganisation of Group financing as planned leads to improvement of financial result of EUR 1.0 million compared to second quarter 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:
        "Sixt Leasing further extended its leading position in online retail leasing in Germany through the recent advertising campaigns. As early mover we have a critical advantage on a so far largely untapped market. We aim to increase this advantage and will therefore continue to invest in advertising measures. In our opinion, the market for private and commercial customer leasing is only at the beginning of its development. This provides Sixt Leasing with substantial growth opportunities over the coming years."

        Sixt Leasing Group key figures after nine months 2016

        • Group revenue for the first nine months of 2016 climbed by 7.3% compared to the same period the year before, totalling EUR 534.7 million (9M 2015: EUR 498.5 million). This growth was especially the result of higher proceeds from the sale of returned leasing vehicles and the remarketing of customer vehicles in the Fleet Management business unit.
        • Consolidated operating revenue (without the proceeds from vehicle sales) dropped slightly by 1.9% to EUR 318.4 million (9M 2015: EUR 324.5 million). The decline is mainly the result of lower fuel prices depressing the revenue from fuel. Adjusted for this effect, consolidated operating revenue increased by 1.7%.
        • Sixt Leasing recognises consolidated earnings before taxes (EBT) of EUR 23.9 million, an increase of 9.8% on the same figure the year before (9M 2015: EUR 21.7 million). EBT in Q3 was negatively impacted by expenditures of around EUR 2 million for the new vehicle broker autohaus24 GmbH that was acquired in April and its integration as well as the continuation of the TV advertising campaign. This was offset by positive effects arising from the ongoing reorganisation of the Group's financing. After the redemption of EUR 209 million from the Sixt SE Core Loan at the end of June 2016, the financial result in the third quarter improved by EUR 1.0 million compared to the second quarter 2016.
        • Operating return on revenue (EBT/operating revenue) gained in line with strategy for qualitative growth by 11.9% to 7.5% (9M 2015: 6.7%).

        Björn Waldow, CFO of Sixt Leasing SE:
        "The economic benefits from building-up an independent financing structure become more and more visible. Following the repayment of EUR 209 million from the Sixt SE Core Loan the financial result improved by EUR 1.0 million in the third quarter only. This effect will continue in the next quarters. By gradually redeeming the remaining loan amount of EUR 490 million, we expect further significant savings in the future."

        Contract portfolio keeps growing
        As of 30 September 2016 the Group's total number of contracts inside and outside Germany (excluding franchisees and cooperation partners) amounted to 111,000 contracts (31 December 2015: 103,200 contracts; +7.5%).
        The gain is essentially due to the dynamic development of the Online Retail business field, whose contract portfolio improved by 22.3% to 25,800 contracts (31 December 2015: 21,100 contracts). In the Fleet Leasing business field the number of contracts totalled 47,400, which was slightly lower than at the end of the previous year (31 December 2015: 48,300; -2.0%) but 1.1% up on the figure at the end of the previous quarter.
        For the Fleet Management business unit the number of contracts at the end of the third quarter climbed to 37,800, 11.9% more than on 31 December 2015 (33,800 contracts). This gain is essentially due to the complete take-over of the present Sixt Mobility Consulting AG in Switzerland as well as the acquisition of a new client.

        Outlook for the year 2016
        The Managing Board continues to expect the contract portfolio to expand in the full fiscal year 2016. Despite the investments in the long-term growth of the Online Retail business field, Sixt Leasing continues to expect a slight improvement in consolidated EBT. For the consolidated operating revenue in 2016 a stable development is expected compared to last year. For the Group's equity ratio the Managing Board aims to achieve a figure above the targeted minimum of 14%.
         

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0) 89 / 99 24 96 - 30
        Fax: +49 (0) 89 / 99 24 96 - 32
        E-Mail: [email protected]


        The Sixt Leasing Group at a glance
        (Figures in accordance with IFRS)1

        Revenue performance

        EUR million 9M 2016 9M 2015 Change % Q3 2016 Q3 2015 Change %
        Leasing segment 473.0 445.6 +6.2 160.2 151.9 +5.4
        Fleet Management segment 61.7 53.0 +16.4 21.1 17.5 +20.5
        Consolidated revenue
        - thereof consolidated operating revenue (without vehicle sales)
        - thereof sales revenue
        534.7

        318.4
        216.3
        498.5

        324.5
        174.0
        +7.3

        -1.9
        +24.3
        181.3

        107.5
        73.7
        169.5

        108.6
        60.8
        +7.0

        -1.0
        +21.3
         

        Earnings performance

        EUR million 9M 2016 9M 2015 Change % Q3 2016 Q3 2015 Change %
        Fleet expenses and cost of lease assets 325.6 301.5 +8.0 111.1 101.6 +9.4
        Personnel expenses 18.4 15.1 +21.6 6.7 4.6 +43.4
        Depreciation and amortisation 135.9 133.4 +1.9 44.8 45.3 -1.1
        Net other operating
        income/expense
        -15.7 -11.2 +40.4 -6.7 -4.6 +45.7
        Net finance costs -15.2 -15.6 -2.1 -4.3 -5.3 -17.8
        Earnings before taxes (EBT) 23.9 21.7 +9.8 7.6 8.0 -4.5
        Operating return on revenue (%)2 7.5 6.7 +0.8 points 7.1 7.4 -0.3 points
        Income tax expenses 6.4 5.8 +10.8 2.2 2.1 +3.3
        Consolidated profit/loss 17.5 15.9 +9.5 5.5 5.9 -7.3
        Undiluted earnings per share
        (in EUR)3
        0.85 0.88 - 0.27 0.29 -
         

        Balance sheet figures

        in EUR million 30.09.2016 31.12.2015 Change in %
        Total equity and liabilities 1,139.0 1,112.9 +2.3
        Lease assets 996.1 957.8 +4.0
        Non-current liabilities to related parties4 490.0 699.0 -29.9
        Current liabilities to related parties5 3.5 4.0 -12.6
        Other financial liabilities6 322.3 97.3 >+100
        Equity 187.6 178.3 +5.2
        Equity ratio (%) 16.5 16.0 +0.5 points
          9M 2016 9M 2015 Change in %
        Investments in lease assets7) 343.6 319.1 +7.7
         

        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.
        2 Ratio of EBT to operating revenue
        3 Ratio of consolidated profit attributable to the Group shareholders to weighted number of shares for the period
        4 Liabilities to Sixt SE
        5 Mainly liabilities to Sixt SE
        6 Current and non-current financial liabilities, including finance leases
        7 Value of vehicles added to the leasing fleet



        2016-11-16 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.
        Archive at www.dgap.de


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        Aug 30, 2016

        Sixt Leasing (Switzerland) AG executes full takeover of SXB Managed Mobility AG in Switzerland

        DGAP-News: Sixt Leasing SE / Key word(s): Takeover

        2016-08-30 / 08:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing (Switzerland) AG executes full takeover of SXB Managed Mobility AG in Switzerland

        • Acquisition of remaining 50% of joint venture with Swisscom subsidiary Business Fleet Management AG
        • Further step in the internationalisation of the Fleet Management business segment

        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
        Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For about 50 years the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 35 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Online Retail (private and commercial customer leasing).
        In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services.
        Since 7 May 2015 the shares of Sixt Leasing SE are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2015 the Group generated revenues of EUR 665 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0) 89 / 99 24 96 - 30
        Fax: +49 (0) 89 / 99 24 96 - 32
        E-Mail: [email protected]



        2016-08-30 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.
        Archive at www.dgap.de


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        Aug 17, 2016

        Sixt Leasing after first half year 2016 fully in line with plan

        DGAP-News: Sixt Leasing SE / Key word(s): Half Year Results

        2016-08-17 / 07:31
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing after first half year 2016 fully in line with plan

        • Consolidated revenue up by 7.4% to EUR 353.4 million
        • Consolidated earnings before taxes (EBT) grow above average by 18.2% to EUR 16.2 million, and even by 26.9% in Q2
        • Operating return on revenue improves by 20.3% to 7.7%
        • Contract portfolio grows 1.8% to 105,200 contracts compared to year end 2015
        • Online Retail business field continues its dynamic development
        • Significant progress made in reorganising the Group financing
        • Managing Board confirms economic targets for full year 2016

        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

        • Consolidated revenue rose by 7.4% to EUR 353.4 million (H1 2015: EUR 329.1 million) mainly due to higher proceeds from the sale of used leasing vehicles.
        • Operating revenue (without proceeds from sales of used leasing vehicles) dropped slightly by 2.3% to EUR 210.9 million (H1 2015: EUR 215.9 million). The decrease is mainly attributable to lower income from fuel services due to price declines. Adjusted by this effect, operating revenue rose by 1.7%.
        • Proceeds from sales of used leasing vehicles (sales revenue) climbed substantially by 25.9% to EUR 142.5 million after EUR 113.2 million for the same period last year. This gain mainly reflects the higher number of vehicles being returned after the strong expansion of the contract portfolio over the last few years in the Leasing business unit. In addition, the increasing number of vehicles which are being marketed for Fleet Management customers did also impact this development.
        • The Group generated consolidated earnings before taxes (EBT) of EUR 16.2 million, an increase of 18.2% compared to the same number last year (H1 2015: EUR 13.7 million).
        • The operating return on revenue (EBT/operating revenue) improved by 20.3% to 7.7% (H1 2015: 6.4%).

        Key figures for Q2 2016

        • During Q2 2016 consolidated revenue climbed 9.4% to EUR 179.1 million (Q2 2015: EUR 163.8 million).
        • Operating revenue (without sales revenue) dropped slightly by 2.1% to EUR 107.5 million (Q2 2015: EUR 109.9 million).
        • For Q2 2016 Sixt Leasing generated EBT of EUR 8.2 million, which was 26.9% higher than in the same quarter last year (Q2 2015: EUR 6.4 million).

        Further growth of contract portfolio
        As at reporting date, 30 June 2016, the Group's total number of contracts inside and outside Germany (excluding franchisees and cooperation partners) increased to 105,200 contracts, 1.8% more than the number recorded on 31 December 2015 (103,200 contracts).

        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
        As at 30 June 2016, Sixt Leasing Group's equity totalled EUR 182.1 million, EUR 3.8 million higher than at 31 December 2015 (EUR 178.3 million). By the decision of the Annual General Meeting on 1 June 2016, a total dividend of EUR 8.2 million was distributed to the shareholders of Sixt Leasing SE.

        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
        The Sixt Leasing Group divides its operative business into the two business units (segments) Leasing (with the business fields Fleet Leasing and Online Retail) and Fleet Management (with the subsidiary Sixt Mobility Consulting GmbH).

        Leasing business unit:
        The Leasing business unit expanded its total revenue (including sales revenue) by 6.6% to EUR 312.9 million in the first half of 2016. The operating revenue from leasing transactions (finance leasing and services) decreased slightly by 2.0% to EUR 194.9 million, above all as attributable to lower income from fuel services due to price declines. Adjusted by this effect, operating revenue increased by 1.9 %. The segment's result (EBT) for the first six months of the year improved by 18.7% from EUR 12.3 million to EUR 14.7 million.

        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:
        Over the first six months, the Fleet Management business unit generated 14.3% higher revenue, totalling EUR 40.5 million. Declining revenue for fleet management was offset by substantially higher sales of used leasing vehicles for customers. Earnings before taxes (EBT) improved by 13.5% from EUR 1.4 million to EUR 1.6 million.

        Outlook for the year 2016
        Looking ahead to the full fiscal year 2016, the Managing Board of Sixt Leasing SE projects further growth in the contract portfolio. The expectation for the Online Retail business field is to keep up the dynamic development so that its contracts portfolio is set to climb to 32,000 contracts by the end of 2017. In the Fleet Leasing business field, it is target to achieve a slight growth in the contract portfolio during 2016. The Fleet Management business unit is expected to take another step towards the mid-term target of 50,000 contracts during the current year. The management focuses on expanding the presence in Europe by taking under management parts of customers' international fleets.

        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:
        Sixt Leasing SE
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0) 89 / 99 24 96 - 30
        Fax: +49 (0) 89 / 99 24 96 - 32
        E-Mail: [email protected]


        The Sixt Leasing Group at a Glance
        (Figures in accordance with IFRS)1
         

        Revenue performance

        EUR million H1 2016 H1 2015 Change % Q2 2016 Q2 2015 Change %
        Leasing segment 312.9 293.6 +6.6 159.6 146.9 +8.6
        Fleet Management segment 40.5 35.5 +14.3 19.5 16.8 +15.9
        Consolidated revenue
        thereof consolidated operating revenue (without sales from used leasing vehicles)
        thereof sales revenue
        353.4

        210.9
        142.5
        329.1

        215.9
        113.2
        +7.4

        -2.3
        +25.9
        179.1

        107.5
        71.5
        163.8

        109.9
        53.9
        +9.4

        -2.1
        +32.8
         

        Earnings performance

        EUR million H1 2016 H1 2015 Change % Q2 2016 Q2 2015 Change %
        Fleet expenses and cost of lease assets 214.5 200.0 +7.3 108.8 97.5 +11.6
        Personnel expenses 11.7 10.5 +12.0 6.1 5.2 +18.1
        Depreciation and amortisation 91.1 88.0 +3.4 45.7 44.9 +1.9
        Net other operating
        income/expense
        -9.0 -6.5 +37.0 -4.9 -4.4 +11.2
        Net finance costs -10.9 -10.3 +5.9 -5.3 -5.3 -0.3
        Earnings before taxes (EBT) 16.2 13.7 +18.2 8.2 6.4 +26.9
        Operating return on revenue (%)2 7.7 6.4 +1.3 points 7.6 5.9 +1.7 points
        Income taxes 4.3 3.7 +15.0 2.1 2.0 +3.5
        Consolidated profit/loss 12.0 10.0 +19.4 6.1 4.4 +37.4
        Undiluted earnings per share
        (in EUR)3
        0.58 0.59 - 0.29 0.22 -
         

        Balance sheet figures

        in EUR million 30.06.2016 31.12.2015 Change in %
        Total equity and liabilities 1,182.7 1,112.9 +6.3
        Lease assets 974.9 957.8 +1.8
        Non-current liabilities to related parties4 490.0 699.0 -29.9
        Current liabilities to related parties5 4.0 4.0 -2.3
        Other financial liabilities6 354.4 97.3 >+100%
        Equity 182.1 178.3 +2.1
        Equity ratio (%) 15.4 16.0 -0.6 points
          H1 2016 H1 2015 Change in %
        Investments in lease assets7) 222.4 210.3 +5.7


        1 Due to rounding selected figures in this press release may not add up to the amount recorded. For the same reason, some percentage figures listed may also not exactly reflect the absolute numbers to which they refer.
        2 Ratio of EBT to operating revenue
        3 Ratio of Group surplus attributable to the Group shareholders to weighted number of shares for the period.
        4 Liabilities to Sixt SE
        5 Mainly liabilities to Sixt SE
        6 Current and non-current financial liabilities, including finance leases
        7 Value of vehicles added to the leasing fleets



        2016-08-17 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.
        Archive at www.dgap.de


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        Jul 29, 2016

        Sixt Leasing raises ABS programme to EUR 500 million

        DGAP-News: Sixt Leasing SE / Key word(s): Financing

        2016-07-29 / 08:44
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing raises ABS programme to EUR 500 million

        • Hence further financing building block successfully completed

        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."


        About Sixt Leasing
        Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For about 50 years the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 35 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Online Retail (private and commercial customer leasing).
        In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services.
        Since 7 May 2015 the shares of Sixt Leasing SE are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2015 the Group generated revenues of EUR 665 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing SE
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0)89/ 99 24 96 - 30
        Fax: +49 (0)89/ 99 24 96 - 32
        Email: [email protected]



        2016-07-29 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.
        Archive at www.dgap.de


        show this

        Jun 30, 2016

        Sixt Leasing starts ABS programme

        DGAP-News: Sixt Leasing AG / Key word(s): Financing

        2016-06-30 / 08:00
        The issuer is solely responsible for the content of this announcement.


        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."


        About Sixt Leasing:
        Sixt Leasing AG (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For over 50 years already the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 35 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Online Retail (private and commercial customer leasing).
        In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services.
        Since 7 May 2015 the shares of Sixt Leasing AG are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2015 the Group generated revenues of EUR 665 million.
        www.sixt-leasing.com


        Contact:
        Sixt Leasing AG
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0)89/ 99 24 96 - 30
        Fax: +49 (0)89/ 99 24 96 - 32
        Email: [email protected]



        2016-06-30 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.
        Archive at www.dgap.de


        show this

        May 12, 2016

        Sixt Leasing raises profitability still further during Q1 2016

        DGAP-News: Sixt Leasing AG / Key word(s): Quarterly / Interim Statement

        2016-05-12 / 07:30
        The issuer is solely responsible for the content of this announcement.


        Sixt Leasing raises profitability still further during Q1 2016

        • Consolidated revenue climbs 5.4% year-on-year to EUR 174.3 million
        • Group EBT improves above average by 10.5% to EUR 8.1 million
        • Return on operating revenue up by 13.3% to 7.8%
        • Contract portfolio increases by 6.7% to 105,000 contracts
        • Contract portfolio in the Online Retail business field grows almost one third to 23,000 contracts
        • Acquisition of autohaus24 strengthens growth strategy of Online Retail
        • Transfer of Group financing to external financing partners fully in line with plan
        • Managing Board confirms business targets for full year 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

        • Year-on-year consolidated revenue rose 5.4 % to EUR 174.3 million (Q1 2015: EUR 165.3 million), mainly through higher proceeds from the sale of used leasing vehicles.
        • Operating revenue (without the proceeds from sales) dropped slightly by 2.5% to EUR 103.4 million (Q1 2015: EUR 106.0 million). This decrease is mainly attributable to lower income from fuel services due to price declines. Adjusted by fuel service income, the quarterly operating revenue increased from the previous year's first quarter by 1.1%.
        • Sales proceeds climbed substantially, up by 19.6% to EUR 71.0 million after EUR 59.3 million for the same period the year before. This gain reflects the higher number of vehicles being returned after the strong expansion of the contract portfolio over the last few years as well as the increasing number of vehicles which are being marketed on customers' behalf in the Fleet Management segment.
        • Sixt Leasing Group generated consolidated earnings before taxes (EBT) of EUR 8.1 million, an increase of 10.5% compared to the same figure the year before (EUR 7.3 million).
        • The operating return on revenue (EBT/operating revenue) gained in line with strategy and climbed 13.3% to 7.8% (Q1 2015: 6.9%).

        Private and commercial customers: contract portfolio increased by almost one third
        As at reporting date, 31 March 2016, the Group's total number of contracts inside and outside Germany (excluding franchisees and cooperation partners) increased to 105,000 or 5.7% more than the 98,400 contracts recorded at the end of March 2015. The number of contracts managed by the Online Retail business field was up by 31.3% to 23,000 contracts.

        Strong equity ratio, credit lines of over EUR 350 million negotiated
        As at 31 March 2016 the Sixt Leasing Group recorded consolidated equity of EUR 184.1 million, some EUR 5.8 million more than at 31 December 2015. The equity ratio improved from 16.0% to 16.4% and remained above the targeted minimum level of 14%.

        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
        The Sixt Leasing Group divides its operative business into the two business units (segments) Leasing (divided into the Fleet Leasing and Online Retail business fields) and Fleet Management.

        Leasing business unit:
        The Leasing business unit's total revenue (including sales proceeds) gained 4.5% during the first quarter of 2016 to EUR 153.3 million. The operating revenue from leasing transactions (finance leasing and services) decreased slightly by 2.2% to EUR 95.6 million, above all as a result of lower income from fuel services due to petrol price declines. Adjusted by fuel service income, the quarterly operating revenue climbed by 1.4%. EBT improved by 10.5% to EUR 7.5 million.

        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:
        Total revenue of the Fleet Management business unit, which is operated by Sixt Mobility Consulting GmbH, grew in the reporting period by 13.0% to EUR 21.0 million. Receding revenue from fleet management was offset by substantially higher sales from marketing vehicles on behalf of customers. Earnings before taxes (EBT) improved 11.1% to EUR 0.6 million. The number of contracts held by the segment expanded 7.5% to 33,400 contracts (31 March 2015: 31,100 contracts).

        Outlook for the year 2016
        Looking ahead to the full 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 unchanged, with the number of contracts climbing above 32,000 by the end of 2017. In the Fleet Leasing business field the aim for 2016 is to achieve low single-digit growth in the contract portfolio. The Fleet Management business unit is expected to make a further step during the current year towards its medium-term target of around 50,000 contracts. In all this, Sixt Leasing intends to continue on its track of profitable growth.

        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:
        Sixt Leasing AG
        Corporate Communications
        Frank Elsner
        Tel.: +49 (0) 89 / 99 24 96 - 30
        Fax: +49 (0) 89 / 99 24 96 - 32
        E-Mail: [email protected]

        --

        The Sixt Leasing Group at a glance
        (Figures in accordance with IFRS)1
         

        Revenue performance

        in EUR millionQ1 2016Q1 2015Change in %
        Leasing segment153.3146.7+4.5
        Fleet Management segment21.018.6+13.0
        Consolidated revenue174.3165.3+5.4
           thereof consolidated operating revenue (finance leasing &
           services)
        103.4106.0-2.5
           thereof sales revenue71.059.3+19.6
         

        Earnings performance

        in EUR million Q1 2016Q1 2015Change in %
        Fleet expenses and cost of lease assets105.7102.5+3.1
        Personnel expenses5.65.3+5.9
        Depreciation and amortisation45.343.2+5.0
        Net other operating income/expense-4.1-2.1+90.4
        Net finance costs-5.6-5.0+12.5
        Earnings before taxes (EBT)8.17.3+10.5
        Operating return on revenue (%)27.86.9+13.3
        Income tax2.21.7+28.3
        Consolidated profit5.95.6+5.0
        Earnings per share - basic (in EUR)30.290.37-23.4
         

        Balance sheet figures

        in EUR million31 March 201631 Dec 2015Change in %
        Total equity and liabilities1,121.11,112.9+0.7
        Lease assets966.3957.8+0.9
        Non-current liabilities to related parties4490.0699.0-29.9
        Current liabilities to related parties5212.74.0>+100
        Other financial liabilities6103.397.3+6.2
        Equity184.1178.3+3.3
        Equity ratio (%)16.416.0+0.4 points
         Q1 2016Q1
        2015
        Change in %
        Investments in lease assets7106.499.8+6.5
         

        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.
        2 Ratio of EBT to operating revenue
        3 Ratio of consolidated profit attributable to the Group's shareholders to weighted number of shares for the period
        4 Liabilities to Sixt SE
        5 Mainly liabilities to Sixt SE
        6 Current and non-current financial liabilities, including finance leases
        7 Value of vehicles added to the leasing fleet



        2016-05-12 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


         

        show this

        May 11, 2016

        Sixt Leasing places first borrower's note loan

        DGAP-News: Sixt Leasing AG / Key word(s): Bond

        2016-05-11 / 08:33
        The issuer is solely responsible for the content of this announcement.


        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
        Sixt Leasing AG (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For over 50 years already the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 35 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Online Retail (private and commercial customer leasing).
        In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services.
        Since 7 May 2015 the shares of Sixt Leasing AG are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2015 the Group generated revenues of EUR 665 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing AG
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0)89/ 99 24 96 - 30
        Fax: +49 (0)89/ 99 24 96 - 32
        Email: [email protected]



        2016-05-11 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


        show this

        Mar 14, 2016

        Sixt Leasing AG: contract portfolio exceeds 100,000 threshold for the first time in 2015 - Pre-tax earnings (EBT) up 18.2% to EUR 30.3 million

        DGAP-News: Sixt Leasing AG / Key word(s): Preliminary Results/Final Results

        2016-03-14 / 10:00
        The issuer is solely responsible for the content of this announcement.


        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

        • Consolidated revenue up by 15.7% to EUR 665.4 million
        • Return on operating revenue climbs 17.7% to 7.0%
        • Successful focus on qualitative growth and margin optimisation in the fleet business
        • Above-average growth in high-yield business with private and commercial customers (Online Retail) to 21,100 contracts (+33.7%)
        • Proceeds from marketing of vehicle returns in the Online Retail business field higher than expected
        • Restructuring of Group financing fully on target
        • Dividend of EUR 0.40 per share planned for 2015
        • Dott. Rudolf Rizzolli, CEO: 'In 2015 Sixt Leasing achieved all its targets and recorded the most successful year in the company's history. For 2016 we expect further growth in revenue and earnings.'


        Pullach, 14 March 2016 - Sixt Leasing AG, one of the largest non-bank, vendor-neutral full service leasing companies in Germany, recorded a business development in 2015 that was fully in line with its own expectations. The Group's three business fields performed successfully. The Fleet Leasing business field consistently implemented the strategy of profitable growth with high and reliable income. The high-margin business field Online Retail with its platform sixt-neuwagen.de, which targets private and commercial customers, grew exponentially and improved its market position. It succeeded above all in significantly improving the number of contracts offering additional service packages, and substantially increased customer retention. The Fleet Management business field expanded its contract portfolio through successful key account acquisition and kicked off the internationalisation of its operations.

        According to provisional calculations, the Sixt Leasing Group's earnings before taxes (EBT) climbed 2015 by 18.2% to EUR 30.3 million. Total Group revenue climbed 15.7% to EUR 665.4 million. The EBT margin (in relation to operating revenue) improved further, by 17.7% to 7.0%. At the end of 2015, the Group's contract portfolio totalled 103,200 contracts, some 6.0% more than the figure recorded for the previous year, and thus for the first time above 100,000. Shareholders are set to benefit from the good business development in 2015 through payment of a dividend of EUR 0.40 per share.

        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.'


        Key figures for the Group in 2015

        • Year-on-year consolidated revenue rose 15.7% to EUR 665.4 million (2014: EUR 575.0 million). The strong growth is mainly the result of higher proceeds from the sale of returned vehicles.
        • Operating revenue (without sales revenue) increased 0.4% to EUR 429.8 million (2014: EUR 427.9 million) and thus performed in line with strategy. In 2015 Sixt Leasing especially focused on increasing profitability in its Fleet Leasing business field, while above all the Online Retail business field registered significant growth impetus.
        • Sales revenue jumped by 60.1% to EUR 235.6 million, compared to EUR 147.1 million the year before. This development reflects the strong growth of the preceding years, which has triggered a large number of vehicle returns with a certain time lag. Another effect is that since 2013 the Fleet Management segment has offered the additional service of marketing customer vehicles. The marketing of vehicles returned from the private and commercial customer business led to higher earnings contributions than expected. This development was also supported by the expansion of marketing efforts via stationary channels.
        • Sixt Leasing Group's net finance costs improved by 7.9% to EUR -21,3 million (2014: EUR -23,1 million). This development was facilitated by an improved interest rate environment and the redemption of financial liabilities following the inflow of proceeds from the IPO.
        • The Sixt Leasing Group generated earnings before taxes (EBT) of EUR 30.3 million, an increase of 18.2% (2014: EUR 25.6 million). This gain was attributable above all to growth, the measures taken to increase the contract portfolio's profitability as well as lower spending on interest payments.
        • The operating return on revenue (EBT to operating revenue) improved by 17.7% to 7.0% and thus was higher than the sustainably targeted rate of 6%.
        • Consolidated profit climbed from EUR 19.0 million to EUR 22.5 million, a gain of 18.4%.


        Dividend ratio at the upper end of the targeted corridor
        At the Annual General Meeting on 1 June 2016, the Managing Board proposes to pay out a dividend for fiscal year 2015 of EUR 0.40 per share, subject to the approval of the Supervisory Board. This dividend proposal would result in a total distribution of EUR 8.2 million and a distribution ratio of around 37% (referenced to the consolidated profit). The ratio would therefore be at the upper end of the targeted corridor of 30% to 40% that was communicated at the IPO.

        Group's contract portfolio climbs 6.0%
        As at reporting date, 31 December 2015, the Group's total number of contracts inside and outside Germany (excluding franchisees) increased to 103,200 and therefore exceeded the figure of 100,0000 contracts for the first time. Compared with the figure recorded at the previous year's reporting date (97,400 contracts) the increase amounts to 6.0%. This improvement is essentially due to the strong demand registered in the Online Retail business field and the successful key account acquisition in the Fleet Management segment.

        Group equity ratio of 16%
        At the end of the year under review Sixt Leasing reported Group equity of EUR 178.3 million. The increase of EUR 166.1 million from the figure at the end of 2014 (EUR 12.3 million) is essentially the result of the capital increase during the IPO and the capital injection of EUR 30 million made by Sixt SE before the stock listing. At 16.0% the equity ratio at the end of 2015 was therefore above the targeted figure of at least 14%.

        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
        The Sixt Leasing Group divides its operative business into the two segments (business units), Leasing (with the business fields Fleet Leasing and Online Retail) and Fleet Management.

        Leasing segment:
        Operating revenue from leasing business (finance leasing and services) in 2015 came to EUR 397.1 million, some 2.5% over the figure of the previous year (EUR 387.5 million). The business unit's total revenue (including the strong uptake in sales revenue) amounted to EUR 543.7 million, an increase of 14.5% on the figure of 2014 at EUR 518.4 million.

        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:
        Total revenue for the Fleet Management segment, which is operated via the subsidiary Sixt Mobility Consulting GmbH, reached EUR 71.9 million in 2015, a gain of 26.9% (2014: EUR 56.6 million). The segment's operating revenue made with services (excluding sales revenue) came to EUR 32.7 million, compared to EUR 40.4 million the year before. The 19.1% drop is essentially the result of the strategically intended termination of the contract with a key account that did not meet profitability expectations.

        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.


        Outlook for the year 2016
        Sixt Leasing has set itself the following targets for the current fiscal year 2016:

        • Continued intensified growth in the Online Retail business field with the objective of achieving a substantial competitive position in the German market for new cars for private and commercial customers. To this end, Sixt Leasing will expand its online marketing channels and invest significantly in marketing campaigns with a wide reach in order to increase brand recognition. Given the ample market potential, these investments are expected to pay off in the short term. A first TV campaign kicked off early 2016 and led already to a substantial uptake in hits registered on the online platform.
        • Further profitability improvements in the contract portfolio by increasing the ratio of services sold in the leasing contracts as well as through increased measures towards customer retention. Innovative products and services aim to raise customer benefits and lead to further simplifications in car selection, ordering and delivery processes.
        • Continuing the internationalisation of the Fleet Management segment in Western Europe that started in 2015. The objective is to manage international fleets and thereby expand the contract portfolio. A key role will be assumed by the 'Global Reporting Tool', which was introduced in the fourth quarter of 2015 and allows the efficient and transparent management of worldwide fleets.

        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:
        Sixt Leasing AG
        Corporate Communications
        Frank Elsner
        Tel.: +49 (0) 89 / 99 24 96 - 30
        Fax: +49 (0) 89 / 99 24 96 - 32
        E-Mail: [email protected]


        Note:
        All fiscal year 2015 figures in this news are preliminary and subject to possible changes. The audited consolidated financial statements 2015 for Sixt Leasing AG will be published on 18 April 2016.


        The Sixt Leasing Group in 2015
        (Preliminary figures in accordance with IFRS)1


        Revenue performance

        in EUR million20152014Change in %
        Leasing segment593.5518.4+14.5
        Fleet Management segment71.956.6+26.9
        Consolidated revenue665.4575.0+15.7
             thereof consolidated operating revenue (finance leasing & services)429.8427.9+0.4
             thereof sales revenue235.6147.1+60.1
         

        Earnings performance

        in EUR million 20152014Change in %
        Fleet expenses and cost of lease assets401.4337.7+18.9
        Personnel expenses20.217.6+14.6
        Depreciation and amortisation178.6158.3+12.8
        Net other operating income/expense-13,6-12.6+7.7
        Net finance costs-21.3-23.1-7.9
        Earnings before taxes (EBT)30.325.6+18.2
        Operating return on revenue (%)27.06.0+17.7
        Income tax7.76.6+17.5
        Consolidated profit22.519.0+18.4
        Earnings per share - basic
        (in EUR)3
        1.201.27-5.5
          

        Balance sheet figures for the Group

        in EUR million31 Dec 201531 Dec 2014Change in %
        Total equity and liabilities1,112.91,080.9+3.0
        Lease assets957.8902.4+6.1
        Non-current liabilities to related parties699.04 20.0+>100
        Current liabilities to related parties4.0659.85-99.4
        Other financial liabilities697.3259.1-62.5
        Equity178.3712.3>+100
        Equity ratio (%)16.01.1+14.9 points
         20152014Change in %
        Investments in lease assets8424.1420.2+0.1
          

        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.
        2 Ratio of EBT to operating revenue
        3 Ratio of consolidated profit attributable to the Group's shareholders to weighted number of shares for the period (undiluted), 2015 based on 18.7 million shares (weighted), 2014 based on 15.0 million shares (weighted)
        4 Liabilities to Sixt SE (Core Loan)
        5 Mainly liabilities to Sixt SE
        6 Current and non-current financial liabilities, including finance leases
        7 Following the equity inflow from the IPO and the capital injection of EUR 30 million into the capital reserves made by Sixt SE
        8 Value of vehicles added to the leasing fleet



        2016-03-14 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



         

        show this

        Dec 04, 2015

        Sixt Leasing AG: New Chief Sales Officer strengthens Sixt Leasing AG's sales efforts for further expansion

        DGAP-News: Sixt Leasing AG / Key word(s): Change of Personnel

        2015-12-04 / 09:24
        The issuer is solely responsible for the content of this announcement.


        New Chief Sales Officer strengthens Sixt Leasing AG's
        sales efforts for further expansion

        • Vinzenz Pflanz to become new Chief Sales Officer / Managing Director Sales, effective as at 15 January 2016

        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.'


        Sixt Leasing
        Sixt Leasing AG (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For over 50 years already the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 40 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Private and Commercial Customer Leasing (Online Retail).
        In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total operating costs over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services. Since 7 May 2015 the shares of Sixt Leasing AG are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2014 the Group generated revenues of EUR 575 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing AG
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0)89/ 99 24 96 - 30
        Fax: +49 (0)89/ 99 24 96 - 32
        Email: [email protected]

        Note:
        A photo of Vinzenz Pflanz can be obtained on request.



        2015-12-04 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



         

        Nov 18, 2015

        Sixt Leasing AG: Sixt Leasing significantly increases profitability during first nine months of 2015


        DGAP-News: Sixt Leasing AG / Key word(s): 9-month figures

        2015-11-18 / 07:31


        Sixt Leasing significantly increases profitability during first nine months of 2015

        • Operating return on sales climbs to 6.7%; in Q3 up to 7.4%
        • Earnings before taxes (EBT) for first nine months up by 39% to EUR 21.7 million
        • 19% upturn in Group revenue strongly affected by higher proceeds from the sale of used vehicles
        • First external financing agreements concluded
        • Dott. Rudolf Rizzolli, CEO: 'Business performance fully in line with our expectations'
        • Revenue forecast for full year 2015 confirmed and earnings forecast outlined in more detail

        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

        • Compared with the same period last year, Group's revenue for the first nine months of 2015 was up by 18.7% to EUR 498.5 million (9M 2014: EUR 419.9 million). The strong growth is due to higher proceeds from the sale of used leasing vehicles as well as increased revenue from finance leasing.
        • Operating revenue (without the proceeds from sales) increased 2.0% to EUR 324.5 million (9M 2014: EUR 318.1 million).
        • Sales proceeds climbed 70.9% to EUR 174.0 million after EUR 101.8 million for the same period last year. This strong increase is due above all to the expansion of the contract portfolio over the last few years. At the end of the leasing contract's term this leads to correspondingly more vehicle returns that come in with a certain time lag. Moreover, since 2014 the Fleet Management segment has offered as additional service to market customer vehicles that were under management after the end of their contract terms.
        • For the period January to September the Sixt Leasing Group generated consolidated earnings before taxes (EBT) of EUR 21.7 million, an increase of 39.2% (9M 2014: EUR 15.6 million). Key factors contributing towards this increase in earnings were the revenue growth in finance leasing, improved margins of new business transactions and lower financing costs.
        • The operating return on sales, measured as the ratio of EBT to operating revenue, improved by 1.8 percentage points from 4.9% to 6.7%.
        • For the first three quarters the Group recorded a 38.0% gain in earnings after taxes, up to EUR 15.9 million (9M 2014: EUR 11.6 million).

        Sixt Leasing Group key figures Q3 2015

        • Group revenue for Q3 2015 climbed by 14.4% to EUR 169.5 million (Q3 2014: EUR 148.2 million).
        • Operating revenue (without proceeds from sales) slightly increased to EUR 108.6 million (Q3 2014: EUR 108.2 million; +0.4%).
        • Sixt Leasing's EBT in Q3 rose by 33.1% to EUR 8.0 million (Q3 2014: EUR 6.0 million).

        Development of the contract portfolio
        As at 30 September 2015 the Group's total number of contracts inside and outside Germany (excluding franchisees) amounted to 91,700 (30 September 2014: approx. 97,600 contracts; -6.1%). As already communicated in the H1 report, this drop is mainly the result of discontinued business relations with a Fleet Management customer who could not meet the Company's profitability expectations.

        Operating business segment performance
        The Sixt Leasing Group divides its operating business into the two segments (business units) Leasing (with the business fields Fleet Leasing and Online Retail) and Fleet Management (with the subsidiary Sixt Mobility Consulting GmbH).

        Leasing segment:
        For the period January to September 2015 the Leasing segment generated revenue from leasing operations (finance leasing and services) of EUR 299.6 million. Year-on-year this translates into a rise of 3.7% (9M 2014: EUR 289.0 million). The key driver was the increase in revenue in finance leasing (+10.9%), due to the ongoing growth in the number of contracts concluded by the Online Retail business field. Including the sales of vehicles, the segment's revenue climbed 16.7% to EUR 445.6 million (9M 2014: EUR 381.9 million).

        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:
        During the first three quarters the segment registered a revenue increase of 39.2%. Given the higher proceeds from the sale of vehicles, revenue climbed to EUR 53.0 million (9M 2014: EUR 38.1 million). The revenue from services was EUR 24.9 million and thus lower than the figure recorded in the same period last year (EUR 29.1 million; -14.4%). This development was due to the termination of the contract with one key account in the second quarter 2015.

        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
        In the third quarter 2015 Sixt Leasing AG concluded its first long-term financing agreements with its banking partners. These will enable Sixt Leasing AG to gradually replace the Group financing secured by Sixt SE and to finance its planned growth, whilst simultaneously lowering its average interest rate payments.

        Outlook for the full-year 2015
        Following the positive business performance of the first nine months and the ongoing good environment for lease financing in Europe, the Managing Board continues to expect a slight increase in operating revenue compared to 2014. Total consolidated revenue are expected to be substantially higher than last year given stronger proceeds from the sale of vehicles.

        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:
        Sixt Leasing AG
        Corporate Communications
        Frank Elsner
        Tel.: +49 (0) 89 / 99 24 96 - 30
        Fax: +49 (0) 89 / 99 24 96 - 32
        E-mail: [email protected]

        Note:
        The Interim Report of Sixt Leasing AG as at 30 September 2015 can now be downloaded from
        http://ir.sixt-leasing.com/interim-reports.

        Sixt Leasing Group
        (All figures in accordance with IFRS)1

         

        Revenue performance

        EUR million9M
        2015
        9M
        2014
        Change %Q3
        2015
        Q3
        2014
        Change %
        Leasing segment445.6381.9+16.7151.9130.6+16.3
        Fleet Management segment53.038.1+39.217.517.6-0.3
        Consolidated revenue498.5419.9+18.7169.5148.2+14.4
        thereof consolidated operating revenue (without vehicle sales)
         
        324.5
         
        318.1

        +2.0

        108.6
         
        108.2
         
        +0.4
        thereof sales revenue
        174.0101.8+70.960.840.0+51.9
         

        Earnings performance

        EUR million9M
        2015
        9M
        2014
        Change %Q3
        2015
        Q3
        2014
        Change %
        Fleet expenses and cost of lease assets301.5245.3+22.9101.688.8+14.3
        Personnel expenses15.113.4+12.74.64.4+6.7
        Depreciation and amortisation expenses133.4118.1+12.945.339.3+15.2
        Net other operating
        income/expenses
         
        -11.2
         
        -9.7
         
        +15.6
         
        -4.6
         
        -3.6
         
        +28.1
        Net finance costs-15.6-17.8-12.4-5.3-6.0-12.4
        Earnings before taxes (EBT)21.715.6+39.28.06.0+33.1
        Operating return on sales (%)26.74.9+1.8 points7.45.6+1.8 points
        Income tax expense5.84.1+42.72.11.5+37.7
        Consolidated profit15.911.6+38.05.94.5+31.5
        Undiluted earnings per
        share (EUR)3
         
        0.88
         
        0.77
         
        -
         
        0.29
         
        0.30
         
        -
         

        Other key figures for the Group

         30 Sep. 201531 Dec. 2014Change %
            
        Total assets (EUR million)1,090.11,080.9+0.9
        Lease assets (EUR million)948.9902.4+5.2
        Equity (EUR million)171.7412.3>+100
        Equity ratio (%)15.841.1+14.7 points
            
         9M 20159M 2014Change %
        Investments (EUR million)5319307+3.9
         


        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 nine-month figures listed may not follow from adding up the individual quarterly figures. For the same reason, 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 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





        2015-11-18 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



        414087  2015-11-18 

        Sep 04, 2015

        Sixt Leasing AG added to Deutsche Börse's SDAX index


        DGAP-News: Sixt Leasing AG / Key word(s): Miscellaneous

        2015-09-04 / 08:22


        Sixt Leasing AG added to Deutsche Börse's SDAX index

        • Mobility service provider upgraded into renown small cap index merely four months after IPO
        • CFO Björn Waldow: 'Integration of stock increases visibility and appeal on the capital market.'

        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.

        Björn Waldow, CFO of Sixt Leasing AG: 'We are delighted that Sixt Leasing AG has been included into the SDAX so soon after its IPO. This step gives our stock even more visibility and appeal for institutional and private German and international investors. We also take this as confirmation that our business model is positively received not only by our customers but also from investors.'

        About Sixt Leasing:
        Sixt Leasing AG (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For around 50 years the Company has been one of the leading German mobility service providers. The Company is represented in further Western European countries and through strong franchise partners in around 40 countries outside worldwide. Sixt Leasing offers comprehensive services through its business divisions of Fleet Leasing, Fleet Management and Private and Corporate Customer Leasing. With its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting, the Fleet Management Business Unit offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services. Since 7 May 2015 the shares of Sixt Leasing AG are traded on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. In 2014 the Group generated revenues of EUR 575 million.
        www.sixt-leasing.com

        Contact:
        Sixt Leasing AG
        Corporate Communications
        Frank Elsner / Frank Paschen
        Tel.: +49 (0)89/ 99 24 96 - 30
        Fax: +49 (0)89/ 99 24 96 - 32
        E-mail: [email protected]

         





        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



        392515  2015-09-04 

        Aug 19, 2015

        Sixt Leasing records leap in earnings in first half of 2015


        Sixt Leasing AG / Key word(s): Half Year Results/Quarter Results

        2015-08-19 / 07:31


        Sixt Leasing records leap in earnings in first half of 2015

        • Consolidated earnings before taxes rise 43% to EUR 13.7 million
        • Operating return on sales improves significantly from 4.6% to 6.4%
        • Group revenue up by 21%, thanks above all to higher sales revenue
        • The business field Online Retail for private and commercial customers continues on growth track with its www.sixt-neuwagen.de platform
        • Dott. Rudolf Rizzolli, CEO: 'Strategy of qualitative growth is paying off'
        • Outlook for full fiscal year 2015 confirmed

        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

        • Compared with the same period last year, Group revenue for the first six months of 2015 climbed 21.1% from EUR 271.8 million to EUR 329.1 million. The strong growth is primarily due to higher revenues from the sale of used leasing vehicles as well as increased revenues from finance leasing.
        • Operating revenue (excluding sales revenue) improved 2.8% to EUR 215.9 million (H1 2014: EUR 210.0 million).
        • As already outlined in the Q1 report, the strong rise of 83.2% in sales revenues to EUR 113.2 million (H1 2014: EUR 61.8 million) mainly results from the expansion of the contract portfolio over the last few years. The termination of the leasing contracts leads to a corresponding number of vehicles being returned, with a certain time lag. Moreover, since 2014 the Fleet Management segment has also offered to market the managed customer vehicles after the end of their contract terms.
        • For the first half of 2015 the Sixt Leasing Group generated consolidated earnings before taxes (EBT) of EUR 13.7 million, which is an increase of 43.0% on the same period last year (EUR 9.6 million). This leap in earnings is due to growing business volume, the improvement in margins in the contract portfolio as well as lower borrowing costs.
        • The operating return on sales, measured as the ratio of EBT to operating revenue, improved significantly, from 4.6% (H1 2014) to 6.4% (H1 2015).
        • The first half of 2015 closed with a 42.1% rise in post-tax earnings to EUR 10.0 million (H1 2014: EUR 7.1 million).

        Sixt Leasing Group key figures Q2 2015

        • Group revenue in the second quarter 2015 climbed 17.4% to EUR 163.8 million (Q2 2014: EUR 139.4 million).
        • The operating revenue without the revenues from the sale of used leasing vehicles rose 2.9% quarter-on-quarter from EUR 106.8 million (Q2 2014) to EUR 109.9 million (Q2 2015).
        • EBT went up 6.6% to EUR 6.4 million (Q2 2014: EUR 6.0 million).

        Development of the contract portfolio
        By the middle of 2015 the Group's entire contract portfolio in Germany and abroad amounted to roughly 91,200 contracts. The decline from the figure recorded on 30 June 2014 (96,200 contracts, -5.1%) is mainly due to developments in the Fleet Management segment. As had been duly communicated before, a key account with around 7,400 contracts was not included in the portfolio any longer in the second quarter 2015. The Sixt Leasing Group terminated the agreement as it did not meet the profitability expectations.

        Performance in the operative business segments
        The Sixt Leasing Group divides its operative business into the two segments (business units) Leasing (with the business fields Fleet Leasing and Online Retail) and Fleet Management.

        Leasing Segment:
        During the first six months of 2015 the Leasing segment generated revenue from leasing operations (finance leasing and services) of EUR 198.8 million, which equals an increase of 3.7% compared to the same period last year (EUR 191.8 million). The increase is the result of higher revenues in finance leasing (+11.2%), in particular due to the ongoing growth of the Online Retail business field. Including the sales of vehicles, the segment's revenues climbed 16.9% to EUR 293.6 million (H1 2014: EUR 251.3 million).

        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:
        This segment saw its total revenues rise by 73.0% in the first half of 2015 to EUR 35.5 million (H1 2014: EUR 20.5 million). The main reason was the significant increase in sales revenues. The revenue from services came to EUR 17.1 million, some 6.3% below the same period last year (EUR 18.2 million). As had already been communicated, Sixt Mobility Consulting GmbH had terminated the contract with a key account holding around 7,400 contracts, as this relationship did not meet the profitability expectations. The vehicles under these contracts were managed until 31 March 2015, but were no longer included in the portfolio of the second quarter 2015. However, the discontinuation of this customer relationship has had a positive influence on the profitability of the Fleet Management business.

        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
        Due to the cash inflow of EUR 112 million (gross) from the successful IPO as well as the capital injection of EUR 30 million by Sixt SE prior to the IPO, the Group equity of Sixt Leasing AG amounted to EUR 166.1 million as at 30 June 2015. It was therefore significantly higher than the equity recorded on 31 December 2014 (EUR 12.3 million), when the Company was still maintaining a profit and loss transfer agreement with Sixt SE. The equity ratio increased from 1.1% at the end of 2014 to 14.3% as at 30 June 2015.

        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
        Following the good business performance of the first six months, which was in line with plan, the Managing Board confirms its previous outlook for the whole of fiscal year 2015. The Managing Board projects a slight increase in operating consolidated revenues and an improvement in consolidated EBT over last year.

        Contact:
        Sixt Leasing AG
        Corporate Communications
        Frank Elsner
        Tel.: +49 (0)89/ 99 24 96 - 30
        Fax: +49 (0)89/ 99 24 96 - 32
        E-mail: [email protected]

        Note:
        The Interim Report of Sixt Leasing AG as at 30 June 2015 can now be downloaded from
        http://ir.sixt-leasing.com/interim-reports.


        Sixt Leasing Group
        (All figures in accordance with IFRS)1

        Revenue performance

        EUR millionH1 2015H1 2014Change %Q2 2015Q2 2014Change %
        Leasing segment293.6251.3+16.9146.9127.3+15.4
        Fleet Management segment35.520.5+73.016.812.2+38.4
        Consolidated revenue329.1271.8+21.1163.8139.4+17.4
        thereof consolidated operating revenue (without vehicle sales)215.9 210.0 +2.8 109.9 106.8 +2.9 
        thereof sales revenue113.2 61.8 +83.2 53.9 32.6 +65.1 
         

        Earnings performance

        EUR millionH1 2015H1 2014Change %Q2 2015Q2 2014Change %
        Fleet expenses and
        cost of lease assets
         
        200.0
         
        156.5
         
        +27.8
         
        97.5
         
        78.9
         
        +23.6
        Personnel expenses10.59.1+15.65.24.7+11.3
        Depreciation and
        amortisation expenses
         
        88.0
         
        78.8
         
        +11.7
         
        44.9
         
        41.0
         
        +9.4
        Net other operating
        income/expenses
         
        -6.5
         
        -6.1
         
        +8.1
         
        -4.4
         
        -3.5
         
        +27.7
        Net finance costs-10.3-11.8-12.4-5.3-5.4-1.2
        Earnings before taxes (EBT)13.79.6+43.06.46.0+6.6
        Operating return on
        sales (%)2
         
        6,4
         
        4,6
         
        +1.8 points
         
        5.9
         
        5.7
         
        +0.2 points
        Income tax expense3.72.5+45.72.01.6+24.4
        Consolidated profit10.07.1+42.14.44.4+0.2
        Undiluted earnings per
        share (EUR)3
         
        0.59
         
        0.47
         
        -
         
        0.22
         
        0.29
         
        -
         

        Other key figures for the Group

         30 Jun. 201531 Dec. 2014Change %
            
        Total assets (EUR million)1,163.11,080.9+7.6
        Lease assets (EUR million)938.8902.4+4.0
        Equity (EUR million)4166.112.3>+100
        Equity ratio (%)414.31.1+13.2 points
            
         H1 2015H1 2014Change %
        Investments (EUR million)5210198+6.6
         
        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



        387829  2015-08-19 

        Jul 07, 2015

        Sixt Neuwagen offers follow-up financing for lease vehicles

        Collaboration between Sixt Leasing’s Neuwagen portal and the Wuppertal-based specialist lender akf bank

        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.’

        May 27, 2015

        Sixt Leasing AG IPO: Exercise of the Greenshoe option and premature termination of the stabilization period


        Sixt Leasing AG / Key word(s): Miscellaneous

        2015-05-27 / 13:52


        Sixt Leasing AG IPO: Exercise of the Greenshoe option and premature termination of the stabilization period

        • COMMERZBANK acting as stabilization manager has announced the exercise of the Greenshoe option in respect of 1,213,081 shares
        • The stabilization period was hence terminated prematurely. This underlines the successful debut on the stock exchange
        • After the exercise of the Greenshoe option, the share of the major shareholder Sixt SE amounts to 41.9%
        • The free float stands at 58.1% after the 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:
        Sixt Leasing AG
        Press Office
        Frank Elsner
        Tel.: +49 - 89 - 99 24 96 30
        Fax: +49 - 89 - 99 24 96 32
        E-Mail: [email protected]

        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.





        2015-05-27 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



        362213  2015-05-27 

        May 18, 2015

        Sixt Leasing doubles pre-tax Group earnings in Q1 2015


        Sixt Leasing AG / Key word(s): Quarter Results

        2015-05-18 / 07:32


        Sixt Leasing doubles pre-tax Group earnings in Q1 2015

        • EBT up from EUR 3.6 million to EUR 7.3 million
        • Group revenues up by 25% to EUR 165.3 million
        • Performance in line with internal expectations
        • Dott. Rudolf Rizzolli, CEO: 'A strong first quarter lays a solid foundation for achieving our targets for the year.'

        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

        • Group revenues for January to March 2015 climbed 25.0% compared with the same quarter last year (EUR 132.3 million) to EUR 165.3 million. Growth was driven above all by stronger revenue from the sale of used leasing vehicles and from finance leasing.
        • Operating revenues (excluding vehicle sales revenue) increased 2.8% to EUR 106.0 million (Q1 2014: EUR 103.2 million).
        • The strong increase in sales revenues by over 100% to EUR 59.3 million (Q1 2014: EUR 29.1 million) is essentially due to the increasing expansion of the contract portfolio over the last few years, which at the end of the leasing contract's term results in corresponding vehicle returns, which come with a certain time lag. In addition, the service range on the fleet management segment was extended and now also includes the re-marketing of the managed cars.
        • Group earnings before taxes (EBT) doubled from EUR 3.6 million to EUR 7.3 million. This was not just effected by the growth in business volume but also improved margins in the contract portfolio.
        • The Group closed the first quarter with significantly higher earnings after taxes of EUR 5.6 million (Q1 2014: EUR 2.6 million).

        Contract portfolio keeps growing
        As per reporting date, 31 March 2015, the Group's total number of contracts inside and outside Germany (excluding franchisees) was 98,400. This amounts to an increase of 18,800 contracts, or 23.6%, as against the reporting date of the same quarter last year (79,600).

        Operating business segments' performance
        The Sixt Leasing Group divides its operating business into the two segments (business units) Leasing (with the business fields Fleet Leasing and Online Retail) and Fleet Management.

        Leasing segment:
        In the first three months of 2015 the Leasing segment generated revenue from leasing transactions in the amount of EUR 97.7 million, a gain of 2.9% on the same quarter last year (EUR 95.0 million). This positive development is the result of a higher contract volume, especially in the Online Retail business field. Total revenue for the Leasing segment for the first three months came to EUR 146.7 million, which is a significant 18.3% gain on the same period last year (EUR 124.0 million).

        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:
        Revenues in the Fleet Management segment rose from EUR 8.3 million for Q1 2014 to EUR 18.6 million in Q1 2015. This very positive development is driven by the revenue from vehicle sales climbing by EUR 10.2 million to a total of EUR 10.3 million.

        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
        As per 31 March 2015 the Sixt Leasing Group reported an equity ratio of 1.8%. Account must be taken, however, of the fact that at that time the profit and loss transfer agreement with the previous sole shareholder Sixt SE was still in effect. This has meanwhile been terminated. As part of the IPO Sixt Leasing AG acquired equity totalling EUR 142 million (including the equity intake of EUR 30 million from Sixt SE and before costs of the IPO). Including these equity funds and based on the Group balance sheet as at 31 March 2015, this amounts to a mathematically sound equity ratio of around 15%.

        Outlook for the whole of 2015
        Following the good opening quarter, the Managing Board expects that the Sixt Leasing Group will continue on its course of profitable growth for the full fiscal year 2015. The Managing Board therefore projects a slight increase in operating consolidated revenues and an improvement in consolidated EBT compared to the previous year.

        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:
        Sixt Leasing AG
        Press Office
        Frank Elsner
        Tel.: +49 - 89 - 99 24 96 30
        Fax: +49 - 89 - 99 24 96 32
        E-Mail: [email protected]

        Note:
        The interim report of Sixt Leasing AG as at 31 March 2015 can now be downloaded from
        http://ir.sixt-leasing.com/interim-reports.

        Sixt Leasing Group
        (All figures in accordance with IFRSs)

        Revenue performance

        EUR millionQ1 2015Q1 2014Change %
        Leasing segment146.7124.0+18.3
        Fleet Management segment18.68.3>+100.0
        Consolidated revenue
        thereof consolidated operating revenue
        (without vehicle sales)
        thereof sales revenue
        165.3
         
        106.0
        59.3
        132.3
         
        103.2
        29.1
        +25.0
         
        +2.8
        >+100.0
         

        Earnings performance

        EUR millionQ1 2015Q1 2014Change %
        Fleet expenses and
        cost of lease assets
         
        102.5
         
        77.6
         
        +32.0
        Personnel expenses5.34.4+20.1
        Depreciation and amortisation43.137.8+14.3
        Net other operating
        income/expense
         
        -2.1
         
        -2.6
         
        -18.0
        Net finance costs-5.0-6.3-21.9
        Earnings before taxes7.33.6>+100.0
        Income tax expense1.71.0+81.9
        Consolidated profit5.62.6>+100.0
        Earnings per share - basic
        (EUR)1
         
        0.37
         
        0.18
         
        -
         

        Other key figures for the Group

         31 Mar. 201531 Dec. 2014Change %
        Total assets (EUR million)1,051.81,080.9-2.7
        Lease assets (EUR million)920.9902.4+2.1
        Equity (EUR million)218.712.3+52.5
        Equity ratio (%)21.81.1+0.7 points
         Q1 2015Q1 2014Change %
        Investments (EUR million)310098+1.5
         


        1 Based on 15.0 million shares in the first three months of 2015 and 15.0 million shares in
        the first three months of 2014
        2 Before equity intake from IPO and cash contribution into capital reserves from Sixt SE
        3 Value of vehicles added to the leasing fleet





        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



        358263  2015-05-18 

        May 07, 2015

        IPO of Sixt Leasing AG: Issue price fixed at EUR 20.00 per share

        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: [email protected]
        
        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:      [email protected]                      
        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                                                      
        

        Apr 09, 2015

        Sixt Mobility Consulting takes over comprehensive fleet management for around 14,000 vehicles of SAP

        Largest mandate for Sixt Leasing subsidiary so far
        Establishment of global reporting system for global fleet management

        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.”

        Apr 07, 2015

        Sixt and Swisscom launch fleet management specialist Managed Mobility AG

        Joint venture in Switzerland to provide comprehensive services in fleet management and fleet optimisation

        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.”

        Apr 01, 2015

        Björn Waldow appointed CFO of Sixt Leasing AG

        Financial and controlling expert strengthens mobility provider’s Managing Board

        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.”