Sixt Aktiengesellschaft

EANS-Adhoc: Sixt Aktiengesellschaft
Sixt Shows Strong Earnings Growth for First Three Quarters of 2011

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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9-month report

22.11.2011

Ad hoc disclosure in accordance with section 15 WpHG
Sixt AG, Zugspitzstr. 1, 82049 Pullach
WKN: 723132, ISIN: DE0007231326
WKN: 723133, ISIN: DE0007231334
Frankfurt Stock Exchange, Prime Standard Segment


Quarterly figures 


Sixt Shows Strong Earnings Growth for First Three Quarters of 2011

Pullach, 22 November 2011 - Sixt´s very satisfactory business performance from
the first half of 2011 continued in the third quarter. The company is reporting
consolidated earnings before taxes (EBT) of EUR 115.7 million for the first nine
months of the year, 59.0% higher than the figure for the same period last year
(EUR 72.8 million). EBT for the third quarter was EUR 44.2 million, a 16.4%
increase (Q3 2010: EUR 38.0 million).
The consolidated after-tax profit for the first nine months grew 46.5%, to EUR
80.4 million (Q1-3 2010: EUR 54.9 million).

Sixt benefited in the first three quarters from higher demand in vehicle rental,
good progress in its expansion outside Germany, and an ongoing more supportive
environment for the leasing sector. Rental revenue (excluding other revenue from
rental business) increased 11.8% for this year´s period from January through
September, to EUR 674.3 million (Q1-3 2010: EUR 603.1 million). The uptrend in
the Leasing Business Unit continued during the year. The unit is reporting
leasing revenue of EUR 296.1 million for the first nine months, only 4.7% below
the prior-year equivalent (EUR 310.6 million). Revenue from the leasing business
returned to prior-year levels by the third quarter.

All in all, the Sixt Group is reporting a 1.0% increase in consolidated revenue
for the first nine months of 2011, to EUR 1.18 billion (Q1-3 2010: EUR 1.17
billion). Consolidated revenue for the third quarter increased 3.9%, to EUR
422.3 million (Q3 2010: EUR 406.5 million).

The Managing Board continues to assume that rental revenue for the year 2011 as
a whole will grow, and that leasing revenue will remain roughly stable.
Consolidated EBT is expected to be considerably higher than last year's figure.
Sixt is readying itself for a more difficult year 2012 given the general
expectation of a global economic downturn. Against this background the strong
earnings level of 2011 will be hard to achieve from today´s perspective.

Contact: 
Frank Elsner
Sixt Central Press Office
T +49 - 89 - 992 496 - 30
F +49 - 89 - 992 496 - 32
E-Mail: pressrelations@sixt.com


Further inquiry note:
Investor Relations
+49 (0)89-74444-5104
InvestorRelations@sixt.de

end of announcement                               euro adhoc 
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issuer:      Sixt Aktiengesellschaft
             Zugspitzstraße 1
             D-82049 Pullach
phone:       +49 (0) 89 744445104
FAX:         +49 (0) 89 7444485104
mail:     InvestorRelations@sixt.de
WWW:      http://www.sixt.de
sector:      Automotive Equipment
ISIN:        DE0007231326, DE0007231334
indexes:     SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, Hannover, regulated dealing:
             München 
language:   English
 



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