4investors Exklusiv

Aktien

Branchen- und Themenspecials

Ihre privaten Finanzen

Allane

Sixt Leasing SE expands contract portfolio in Online Retail and Fleet Management in third quarter 2019

12.11.2019, 07:30:07 Uhr - Autor: EQS

Bild und Copyright: alexfan32 / shutterstock.com.

DGAP-News: Sixt Leasing SE / Key word(s): 9 Month figures/Quarter Results Sixt Leasing SE expands contract portfolio in Online Retail and Fleet Management in third quarter 2019 12.11.2019 / 07:30 The issuer is solely responsible for the content of this announcement. Sixt Leasing SE expands contract portfolio in Online Retail and Fleet Management in third quarter 2019 Increase in new business brings Online Retail business field back onto growth track in third quarter - Fleet Management continues to grow as well Consolidated revenue up by nearly 6 per cent in first nine months of 2019 to EUR 633 million - operating revenue down slightly EBT of EUR 21.5 million below previous year - Q3 strongest quarter in year to date at EUR 7.4 million Managing Board confirms forecast for full year 2019 Pullach, 12 November 2019 - Sixt Leasing SE, market leader in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has expanded the contract portfolios in its Online Retail and Fleet Management business fields in the third quarter of 2019. In the Online Retail business field, the contract portfolio increased by 2.7 per cent in the period from the end of June to the end of September. This was particularly due to the successful sales cooperation between Sixt Neuwagen, Fiat and Tchibo. The Fleet Management business unit also saw its contract portfolio increase by 2.7 per cent on the previous quarter, maintaining its growth momentum. In the Fleet Leasing business field, the contract portfolio declined by 3.3 per cent over the third quarter. Overall, the Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) grew by 0.8 per cent in the period from the end of June to the end of September 2019. Michael Ruhl, CEO of Sixt Leasing SE: "The positive signals from the Online Retail business field and ongoing growth in the Fleet Management business unit give us confidence for the future development of the contract portfolio. Thanks to the takeover of Flottenmeister GmbH by our subsidiary Sixt Mobility Consulting GmbH, we are now even expecting the Group's contract portfolio to be significantly higher at year-end 2019 than last year." In the Online Retail business field, Sixt Leasing ran an innovative sales campaign in cooperation with Fiat and Tchibo from the end of June to early September. It involved the marketing of new, well-equipped Fiat 500 Lounge vehicles on particularly attractive terms to private customers via the online platform sixt-neuwagen.de. The campaign was very popular with both private customers and participating Fiat dealers. In the Fleet Management business unit, Sixt Mobility Consulting launched a new self-service app for company car users in the third quarter. 'The Companion' enables company car drivers to complete important car-related tasks - like making workshop appointments - quickly and easily at any time using their smartphone. Thus, Sixt Mobility Consulting is pushing ahead with the digitalisation of its business model and setting up its operations much more efficiently. At the start of the fourth quarter, Sixt Mobility Consulting GmbH also announced the acquisition of all shares of Flottenmeister GmbH. The independent fleet manager, also based in Pullach near Munich, had more than 7,000 company cars under management at the end of September. The contracts are going to be transferred to the contract portfolio of the Sixt Leasing Group in the course of the fourth quarter 2019. Business performance in 9M 2019 The Group's contract portfolio in Germany and abroad (excluding franchise and cooperation partners) decreased by 2.0 per cent to 127,200 contracts during the period from the beginning of January to the end of September 2019. This was mainly due to the decline in the first quarter. In the second and third quarters, however, the contract development was positive. Consolidated revenue rose by 5.5 per cent to EUR 633.0 million compared to the same period last year. This is mainly attributable to the strong increase in sales revenues, especially from the considerably higher number of returned lease vehicles from the Online Retail business field. Consolidated operating revenue (excluding sales revenue) declined slightly by 2.3 per cent to EUR 350.0 million. Consolidated earnings before taxes (EBT) came to EUR 21.5 million for the first nine months of 2019, which is 7.8 per cent down on the previous year. The third quarter saw the strongest pre-tax earnings of the year to date at EUR 7.4 million. This brought the operating return on revenue for the first nine months of 2019 to 6.2 per cent (-0.3 percentage points). Consolidated net profit came to EUR 16.1 million (-9.5 per cent). Outlook In line with the adjusted full-year guidance published on 22 October 2019, the Managing Board is expecting the Group's contract portfolio at year-end to be significantly higher than last year. It is also anticipating consolidated operating revenue for the financial year 2019 in the range of EUR 465 million and EBT in the range of EUR 29 million. By the end of the 2021 financial year, the Managing Board continues to expect an increase of the Group's contract portfolio to around 200,000 contracts and an increase in consolidated operating revenue to around EUR 650 million. EBT is still expected to increase to EUR 40 to 45 million. --- The Group's Quarterly Statement as of 30 September 2019 can be downloaded from http://ir.sixt-leasing.com/interim-reports.   About Sixt Leasing: Sixt Leasing SE based in Pullach near Munich is market leader in online direct sales of new vehicles in Germany as well as specialist in management and full-service leasing of large fleets. With tailor-made solutions, the company enables the longer-term mobility of its private and corporate customers. Private and commercial customers use the online platforms sixt-neuwagen.de and autohaus24.de to lease new vehicles affordably. Corporate customers benefit from the cost-saving leasing of their vehicle fleet and from efficient fleet management. Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has been listed in the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) since 7 May 2015. In fiscal year 2018, the Group generated consolidated revenue of EUR 806 million.www.sixt-leasing.com Contact: Sixt Leasing SE Investor Relations Stefan Kraus +49 89 74444 4518ir@sixt-leasing.comTHE SIXT LEASING GROUP IN 9M 2019 AT A GLANCE1   Revenue developmentin EUR million 9M 2019 9M 2018  Change in %    Operating revenue 350.0 358.0 -2.3    Sales revenue 283.0 242.1 16.9 Consolidated revenue 633.0 600.1 5.5    Thereof Leasing business unit 555.3 524.7 5.8       Thereof leasing revenue (finance rate) 167.7 176.7 -5.1       Thereof other revenue from leasing business 142.9 141.7 0.8       Thereof sales revenue 244.8 206.6 18.6    Thereof Fleet Management business unit 77.7 75.4 3.0       Thereof fleet management revenue 39.4 39.6 -0.5       Thereof sales revenue 38.2 35.8 6.9         Earnings developmentin EUR million 9M 2019 9M 2018  Change in % Fleet expenses and cost of lease assets 418.9 378.0 10.8 Personnel expenses 31.3 27.2 15.1 Net other operating income/expense -11.1 -13.6 18.0 Earnings before interest, taxes, depreciation and amortisation (EBITDA) 171.6 181.3 -5.4 Depreciation and amortisation expense 141.1 147.7 -4.5 Net finance costs -9.0 -10.3 12.2 Earnings before taxes (EBT) 21.5 23.4 -7.8    Thereof Leasing business unit 18.6 19.9 -8.5    Thereof Fleet Management business unit 2.9 3.5 -17.1 Operating return on revenue (in %)2 6.2 6.5 -0.3pp Income tax expense 5.4 5.5 -2.2 Consolidated profit 16.1 17.8 -9.5 Earnings per share (in EUR) 0.78 0.87 -         Contract portfolio   30 Sep 2019 31 Dec 2018  Change in % Group contract portfolio 127,200 129,700 -2.0    Thereof Online Retail business field 43,600 44,700 -2.5    Thereof Fleet Leasing business field 39,400 43,000 -8.4    Thereof Fleet Management business unit 44,200 42,000 5.2         Balance sheet figuresin EUR million 30 Sep 2019 31 Dec 2018  Change in % Total equity and liabilities 1,330.6 1,392.7 -4.5 Lease assets 1,125.8 1,204.4 -6.5 Financial liabilities 945.6 1,026.1 -7.8 Equity 223.1 216.8 2.9 Equity ratio (in %) 16.8 15.6 1.2pp         Cash flowin EUR million 9M 2019 9M 2018  Change in % Gross Cash flow 150.6 174.5 -13.7 Investments in lease assets 294.6 386.9 -23.9 -- 1 Rounding differences possible2 Ratio of EBT to operating revenue 12.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: Sixt Leasing SE Zugspitzstraße 1 82049 Pullach Germany Phone: +49 (0)89 744 44 - 4518 Fax: +49 (0)89 744 44 - 8 4518 E-mail: ir@sixt-leasing.com Internet: http://ir.sixt-leasing.de ISIN: DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 WKN: A0DPRE Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange EQS News ID: 910025   End of News DGAP News Service 910025  12.11.2019 

4investors Startseite

Alle Allane News

Allane: Chart, Dividende, HV, Bilanzdaten u.v.m.

4investors-News - Allane

02.01.2024 - Allane: Neuer Mann an der Spitze ...
25.08.2021 - Allane legt Halbjahreszahlen vor ...
26.05.2020 - Sixt Leasing: Über 92 Prozent Annahmequote für Übernahme-Offerte ...
07.05.2020 - Sixt Leasing: Schwelle überschritten ...
06.05.2020 - Sixt Leasing: Die Ausnahme von der Regel ...
19.02.2020 - Sixt bestätigt Gerüchte: Trennung von Sixt Leasing steht an ...
12.08.2019 - Sixt Leasing erwartet stärkere Ergebnisentwicklung im zweiten Halbjahr ...
29.07.2019 - Sixt Leasing: Früherer Sixt-Finanzvorstand wird Aufsichtsrat ...
16.04.2019 - Sixt Leasing: Trotz Gewinnplus keine Änderung bei der Dividende ...
22.09.2018 - Sixt Leasing: Vertragszahlen bleiben hinter Erwartungen zurück ...
28.05.2018 - Sixt Leasing: Online-Geschäft wächst - Planungen bestätigt ...
17.04.2018 - Sixt Leasing: Beim Gewinn geht es nach unten ...
14.03.2018 - Sixt Leasing peilt bis 2021 deutlichere Gewinnzuwächse an ...
14.11.2017 - Sixt Leasing: Online-Vertrieb wächst deutlich - Gewinn sinkt dagegen ...
16.10.2017 - Sixt Leasing bekommt einen neuen Chef ...
04.09.2017 - Sixt Leasing erweitert Angebot um Reisemobile ...
16.08.2017 - Sixt Leasing legt Halbjahreszahlen vor ...
10.05.2017 - Sixt Leasing lässt Planungen für 2017 unverändert ...
24.04.2017 - Sixt Leasing: Neue Prognose für Dividenden und das Online-Geschäft ...
14.03.2017 - Sixt Leasing hebt die Dividende an ...

EQS-News dieses Unternehmens

22.03.2024 - EQS-News: Allane Mobility Group verzeichnet 2023 Wachstum bei operativem ...
13.02.2024 - EQS-News: Allane Mobility Group wird Leasing-Partner für Kia-Händler in ...
02.01.2024 - EQS-News: Allane Mobility Group: Eckart Klumpp tritt Amt des ...
22.12.2023 - EQS-News: Allane Mobility Group stärkt die Rolle des Chief Mobility Officer - ...
21.11.2023 - EQS-News: Allane Mobility Group: autohaus24 eröffnet strategischen Standort in ...
14.11.2023 - EQS-Adhoc: Allane SE: Ausscheiden von Herrn Donglim Shin aus dem Vorstand der ...
09.11.2023 - EQS-News: Allane Mobility Group: Positive Geschäftsentwicklung im ...
07.09.2023 - EQS-News: Allane Mobility Group erweitert Angebot um ...
29.08.2023 - EQS-News: DIGITALES MOBILITÄTSBUDGET: CIRCULA UND ALLANE STARTEN ...
24.08.2023 - EQS-News: Allane Mobility Group: Positive Geschäftsentwicklung im ersten ...