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Sixt Aktiengesellschaft

euro adhoc: Sixt Aktiengesellschaft
Earnings
Sixt Group increases profit after taxes by 26.9% in 2007

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Preliminary figures for financial year 2007
13.03.2008
Ad hoc disclosure in accordance with section 15 WpHG 
(Wertpapierhandelsgesetz - German Securities Trading Act) Sixt AG, 
Zugspitzstr. 1, 82049 Pullach, Germany WKN: 723132, ISIN: 
DE0007231326 WKN: 723133, ISIN: DE0007231334 Frankfurt Stock 
Exchange, Prime Standard Segment
Sixt Group increases profit after taxes by 26.9% in 2007
Pullach, 13 March 2008 - The Sixt Group achieved record operating 
revenue and earnings in financial year 2007. According to preliminary
figures, the mobility service provider´s consolidated net profit 
amounted to EUR 93.6 million, an increase of 26.9% over the 
prior-year figure (EUR 73.8 million). The basic earnings per ordinary
share rose to EUR 3.73 (prior year: EUR 2.95; +26.4%), while the 
basic earnings per preference share reached EUR 3.77 (prior year: EUR
3.36; +12.2%). Consolidated profit before taxes (EBT) increased by 
13.2% to EUR 137.7 million (2006: EUR 121.6 million).
Consolidated operating revenue from rental and leasing business 
(excluding revenue from the sale of used leasing vehicles), which 
best reflects Sixt's business development, rose by 14.0% in 2007 to 
EUR 1.38 billion (2006: EUR 1.21 billion). Total consolidated revenue
(including revenue from the sale of used leasing vehicles) reached 
EUR 1.57 billion (2006: EUR 1.44 billion; +8.7%).
The basis for Sixt´s excellent business development in the year under
review was the expansion of customer relations in both the Vehicle 
Rental and Leasing Business Units as a result of intensified sales 
activities and the dynamic expansion of international activities.
In 2007, the Vehicle Rental Business Unit generated an increase in 
revenue of 16.7% to EUR 1.01 billion (2006: EUR 863.3 million). EBT 
rose by 18.0% to EUR 123.2 million (2006: EUR 104.4 million), thus 
outstripping the increase in revenue. The Leasing Business Unit´s 
revenue from leasing activities (excluding revenue from the sale of 
used leasing vehicles) rose to EUR 373.7 million (2006: EUR 348.0 
million; +7.4%). EBT, which was impacted in the first half of the 
year by temporary market uncertainties relating to the tax conditions
for lease financing, rose significantly year-on-year in the second 
half of the year. At EUR 11.9 million, full-year EBT was below the 
level of the previous year (EUR 13.9 million; -14.2%) as already 
announced.
The Managing Board is optimistic for 2008 and is currently expecting 
a further rise in consolidated operating revenue. Despite an expected
increase in operating costs, another increase in consolidated 
operating profit as against the previous year is also anticipated. 
This forecast assumes that there are no unforeseen negative events 
for the Group.
Contact:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH,
Tel.: ++49 - (0) 54 04 - 91 92 0
Fax: ++49 - (0) 54 04 - 91 92 29
end of announcement                               euro adhoc

Further inquiry note:

Andrea Zemann
Sixt Aktiengesellschaft
Tel.: +49(0)89 / 7 4444 5104
Fax: +49(0)89 / 7 4444 8 5104

Branche: Automotive Equipment
ISIN: DE0007231326
WKN:
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / regulated dealing

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