DGAP-News: Sixt SE: SIXT doubles earnings before taxes in first quarter of 2022 compared to 2019 – Mobility provider benefits from market share gains
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Thursday, May 12, 2022
Despite the chip crisis, the vehicle fleet grew by 35% in the first quarter compared to the same quarter of 2021 and was thus roughly at the level of the pre-corona quarter of 2019.
Key Points:
- Despite the chip crisis, the vehicle fleet grew by 35% in the first quarter compared to the same quarter of 2021 and was thus roughly at the level of the pre-corona quarter of 2019.
- This positive development in procurement played a major role in enabling the company to realise the disproportionate increase in revenue in the first quarter.
- The expansion of its international presence led to very dynamic business outside Germany in the first quarter.
- SIXT offers a wide range of premium vehicles for both business customers and tourists in the Canadian market.