Sixt Aktiengesellschaft

euro adhoc: Sixt Aktiengesellschaft
quarterly or semiannual financial statement
Record figures again for the Sixt Group in Q1 2007 - Additional forecast details provided

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3-month report


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

Quarterly figures

Record figures again for the Sixt Group in Q1 2007 - Additional forecast details provided

Pullach, 23 May 2007 - Sixt AG once  again  generated  record   figures  for  its operating revenue and operating profit  in  the   first  three  months  of  2007, continuing its growth path of the   previous  year.  Consolidated  profit  before taxes (EBT) increased by 11.6%, from EUR 32.7 million in the prior-year  quarter to EUR 36.5 million. Consolidated profit for  the  quarter  increased  by   12.9% from EUR 20.1 million to EUR 22.7 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 9.0% in the first  quarter  to  EUR 309.4  million (Q1  2006: EUR 283.7   million).    Foreign    business    continued    its    buoyant development, boosting operating revenue  from  EUR 48.1  million  in the  first quarter of 2006 to EUR 59.1 million, an increase of 22.8%. Total consolidated revenue (including revenue from  the  sale  of   used  leasing vehicles) was EUR 362.5 million, 4.6% less  than  in   the  same  period  of  the previous year (EUR 379.9 million). The reason for  this  was  the  substantially lower sales revenue in the leasing business, which  is  subject  to  significant fluctuation depending on individual decisions how vehicles  are  refinanced  and as a result of closing date effects.

Both Business Units recorded an improvement in sales and earnings in the  first quarter  of  2007.  The  Vehicle  Rental  Business  Unit   generated  revenue  of EUR 222.0 million (Q1 2006: EUR 199.2 million; +11.4%)  with  EBT  of  EUR 31.2 million (Q1 2006: EUR 28.5 million; +9.1%). The Leasing Business Unit  generated revenue from leasing business of EUR 87.4 million  (Q1  2006: EUR 84.5  million; +3.4%) with EBT of EUR 3.1 million (Q1 2006: EUR 2.9 million; +8.5%).

Given the encouraging business developments  in  the  first  three   months,  the Managing Board sees its optimistic predictions for full-year 2007 confirmed.  It has firmed up its forecasts to date and is anticipating growth of 5% to  10%  in consolidated operating revenue, with consolidated earnings growing at  a  faster rate. This continues to assume that the necessary price  adjustments  will  gain acceptance  in  the  market,  that  the  macroeconomic  situation   develops    as forecast, that the used-car market does not deteriorate and that  no  unforeseen negative events with a major impact on the Group occur.

Contact: Frank Elsner Frank Elsner Kommunikation für Unternehmen GmbH, Phone: ++49 - (0) 54 04 - 91 92 0 Fax: ++49 - (0) 54 04 - 91 92 29

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ots Originaltext: Sixt Aktiengesellschaft
Im Internet recherchierbar:

Further inquiry note:
Stefanie Hausmann
Investor Relations
Tel.: +49 (0) 89 74444-4260

Branche: Automotive Equipment
ISIN:      DE0007231326
WKN:        723132
Index:    SDAX, CDAX, Classic All Share, Prime All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Bayerische Börse / official dealing

Weitere Meldungen: Sixt Aktiengesellschaft

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