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Sixt records EBT of approximately EUR 86 million and healthy growth in 2008

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
25.02.2009
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 records EBT of approximately EUR 86 million
and healthy growth in 2008
Pullach, 25 February 2009 - The Sixt Group again recorded substantial
growth in financial year 2008, increasing consolidated operating 
revenue from its rental and leasing business by 10% to EUR 1.53 
billion (2007: EUR 1.38 billion). However, growth in the fourth 
quarter (+6% as against Q4 2007) was clearly down on the trend for 
the first nine months of 2008 (+12%) and also below expectations. 
Since the measures taken to adapt the rental fleet to the changes in 
market conditions require a certain time to take effect, the Group 
was impacted by disproportionately high fleet expenses in the fourth 
quarter. Furthermore, the intensification of the financial crisis in 
the last quarter led to another increase in financing costs. 
Therefore, Group profit before taxes (EBT) will total approximately 
EUR 86 million for full-year 2008 instead of the planned figure of 
roughly EUR 100 million.
For financial year 2009, the Managing Board currently expects demand 
for mobility services to be roughly stable in the core European 
countries. In view of the difficult market environment, Sixt is 
planning a smaller rental fleet, which is expected to lead to a 
corresponding decline in fleet costs from the second quarter onwards.
Providing that no unforeseen negative events occur that have a 
material impact on the Group, Sixt expects EBT to again be clearly 
positive in 2009.
Sixt AG will announce the other key data for 2008 as planned on 19 
March 2009.
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:

Kirsten Struve
Tel.: +49(0)89 74444-4260
E-Mail: kirsten.struve@sixt.de

Branche: Automotive Equipment
ISIN: DE0007231326
WKN: 723132
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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