Sixt

Car Leasing Market 2020-2024 | Rising Technological Obsolescence of Older Cars to Boost Growth | Technavio

Wednesday, July 1, 2020 - 3:00am

Our car leasing market report covers the following areas:

Key Points: 
  • Our car leasing market report covers the following areas:
    This study identifies the emergence of car leasing as an effective means of personal transportation for businesses as one of the prime reasons driving the car leasing market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the car leasing market, including some of the vendors such as ALD SA, Arval Service Lease, Athlon Car Lease International BV, Avis Budget Group Inc., Deutsche Leasing AG, Enterprise Holdings Inc., Europcar Mobility Group SA, Hertz Global Holdings Inc., LeasePlan Corporation NV, and Sixt SE.
  • Backed with competitive intelligence and benchmarking, our research reports on the car leasing market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

DGAP-News: Christoph Braumiller and Michael Poglitsch take over the management of Sixt Mobility Consulting GmbH as of June 2020

Friday, June 26, 2020 - 12:02pm

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.

Key Points: 
  • 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.
  • Since 2015, he has been Managing Director of Flottenmeister GmbH, which has been part of the Sixt Mobility Consulting Group since October 2019.
  • As second Managing Director and equal partner, Mr. Michael Poglitsch will take care of the issues Sales & Internationalisation.
  • Sixt Mobility Consulting GmbH (SMC) is one of the leading independent fleet management providers in Europe.

DGAP-News: Sixt SE: SIXT confirms expectations for continued business development in 2020 at its Annual General Meeting, but points to considerable uncertainties due to COVID-19

Wednesday, June 24, 2020 - 4:04pm

Sixt SE: SIXT confirms expectations for continued business development in 2020 at its Annual General Meeting, but points to considerable uncertainties due to COVID-19

Key Points: 
  • Sixt SE: SIXT confirms expectations for continued business development in 2020 at its Annual General Meeting, but points to considerable uncertainties due to COVID-19
    The issuer is solely responsible for the content of this announcement.
  • SIXT confirms expectations for continued business development in 2020 at its Annual General Meeting, but points to considerable uncertainties due to COVID-19
    CEO Erich Sixt: "So far, our business is developing as planned.
  • For example, the question arises as to how strongly the travel habits of Europeans will develop over the summer.
  • For instance, SIXT is experiencing again an increase in bookings in European holiday destinations and in its domestic American airport business.

DGAP-News: Sixt Leasing SE: Annual General Meeting approves dividend of EUR 0.90 for 2019 financial year

Wednesday, June 24, 2020 - 9:01am

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).

Key Points: 
  • 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).
  • In addition, the CEO addressed the effects of the current COVID-19 situation on the business development of Sixt Leasing.
  • 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.

DGAP-News: Sixt Leasing SE: Final acceptance rate for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH at more than 92 per cent

Tuesday, May 26, 2020 - 12:05pm

Thus, the acceptance rate has again increased very significantly compared to the end of the regular acceptance period (72.84 per cent).

Key Points: 
  • Thus, the acceptance rate has again increased very significantly compared to the end of the regular acceptance period (72.84 per cent).
  • Bjrn Waldow, CFO of Sixt Leasing SE: "We are very pleased with the extraordinarily high acceptance rate.
  • The completion of the takeover offer is still subject to the remaining customary closing conditions set out in the offer document.
  • 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.

Analysis on Impact of COVID-19- Vehicle Leasing Market in Europe 2020-2024 | Cost-effective Way Of Obtaining A Vehicle to Boost Growth | Technavio

Wednesday, May 20, 2020 - 4:00pm

Our vehicle leasing market in Europe report covers the following areas:

Key Points: 
  • Our vehicle leasing market in Europe report covers the following areas:
    This study identifies the use of telematics in leased vehicles as one of the prime reasons driving the vehicle leasing market in Europe growth during the next few years.
  • Vehicle Leasing Market in Europe 2020-2024: Vendor Analysis
    We provide a detailed analysis of around 25 vendors operating in the Vehicle Leasing Market in Europe, including some of the vendors such as ALD SA, Arval Service Lease, BMW AG, Daimler AG, Deutsche Sparkassen Leasing AG & Co. KG, Europcar Mobility Group SA, LeasePlan Corp. NV, Natixis SA, Sixt SE, and Volkswagen AG.
  • Backed with competitive intelligence and benchmarking, our research reports on the Vehicle Leasing Market in Europe are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

DGAP-News: Sixt SE: Despite positive business performance in January and February, Q1 2020 at SIXT clearly affected by effects of the Corona crisis

Wednesday, May 13, 2020 - 7:01am

Sixt SE: Despite positive business performance in January and February, Q1 2020 at SIXT clearly affected by effects of the Corona crisis

Key Points: 
  • Sixt SE: Despite positive business performance in January and February, Q1 2020 at SIXT clearly affected by effects of the Corona crisis
    The issuer is solely responsible for the content of this announcement.
  • Following the de facto halt to international travel in March, we reacted very quickly to the worldwide slump in demand.
  • Thanks to the high adaptability of our business model, we shall be well prepared once demand rebounds.
  • For Q1 SIXT reports post-tax earnings from continued business units of EUR -9.6 million (Q1 2019: EUR 27.7 million).

DGAP-News: Sixt Leasing SE: Business development in the first quarter of 2020 in line with expectations

Tuesday, May 12, 2020 - 7:01am

In the first quarter of 2020, the expansion of the digital product and service portfolio in particular was further advanced.

Key Points: 
  • 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 Leasing business field, Sixt Leasing expanded its cooperation with BSH Hausgerte GmbH in the field of e-mobility.
  • This includes the assumption that a recovery in business development will occur in the second half of the year 2020.

DGAP-News: Sixt Leasing SE: Minimum acceptance threshold for voluntary public takeover offer by Hyundai Capital Bank Europe GmbH clearly exceeded

Thursday, May 7, 2020 - 8:01am

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).

Key Points: 
  • 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).
  • 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.
  • The completion of the takeover offer is still subject to the remaining customary closing conditions set out in the offer document.
  • 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.

DGAP-News: Sixt SE: Sixt SE signs syndicated loan agreement with bank consortium including KfW

Wednesday, May 6, 2020 - 5:05pm

The consortium consists of Bayerische Landesbank, Commerzbank Aktiengesellschaft, DZ BANK AG, UniCredit Bank AG as well as the German state-owned KfW Bank.

Key Points: 
  • The consortium consists of Bayerische Landesbank, Commerzbank Aktiengesellschaft, DZ BANK AG, UniCredit Bank AG as well as the German state-owned KfW Bank.
  • Pullach, 6 May 2020 - Today, Sixt SE signed a syndicated loan with a consortium of banks consisting of Bayerische Landesbank, Commerzbank Aktiengesellschaft, DZ BANK AG and UniCredit Bank AG as well as the German state-owned "Kreditanstalt fr Wiederaufbau" (KfW Bank).
  • 2019 was the most successful financial year in the corporate history of Sixt SE.
  • In view of the uncertainties caused by the COVID-19 pandemic, the Managing Board of Sixt SE has decided to secure financial flexibility through this syndicated loan agreement.