Corporate News

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.

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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.

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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.

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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.
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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.

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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.
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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.
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, 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.
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 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.

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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]



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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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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.

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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)

---

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.
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 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.

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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.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.

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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.
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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.
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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.

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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.
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The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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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The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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.

---

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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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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)

---

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.

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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]



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.
Archive at www.dgap.de



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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 [email protected]". 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.
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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.
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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



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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 [email protected]". 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.

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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]


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.

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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.
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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 [email protected]". 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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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.
 

---


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.
Archive at www.dgap.de



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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)

---


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.
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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



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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 [email protected]". 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.

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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



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        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



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        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



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        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.
        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 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



        show this

        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



        show this

        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.

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        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



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        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]com



        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