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

Geschrieben am 13.03.2008 - [Nächster Artikel]


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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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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
--------------------------------------------------------------------------------


ots Originaltext: Sixt Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

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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Wirtschaft   November 2007 Wi, Dezember 2007 Wi, Januar 2008 Wi, Februar 2008 Wi, März 2008 Wi, April 2008 Wi, Mai 2008 Wi, Juni 2008 Wi, Juli 2008 Wi, August 2008 Wi, September 2008 Wi, Oktober 2008 Wi, November 2008 Wi, Dezember 2008 Wi, Januar 2009 Wi
Finanzen November 2007 Fi, Dezember 2007 Fi, Januar 2008 Fi, Februar 2008 Fi, März 2008 Fi, April 2008 Fi, Mai 2008 Fi, Juni 2008 Fi, Juli 2008 Fi, August 2008 Fi, September 2008 Fi, Oktober 2008 Fi, November 2008 Fi, Dezember 2008 Fi, Januar 2009 Fi
Sonstiges Mai 2006 So, Juni 2006 So, Juli 2006 So, August 2006 So, September 2006 So, Oktober 2006 So, November 2006 So, Dezember 2006 So, Januar 2007 So, Februar 2007 So, März 2007 So, April 2007 So, Mai 2007 So
Fortsetzung Juni 2007 So, August 2007 So, September 2007 So, Oktober 2007 So, November 2007 So, Dezember 2007 So, Januar 2008 So, Februar 2008 So, März 2008 So, April 2008 So, Mai 2008 So, Juni 2008 So, Juli 2008 So, August 2008 So
Teil 3 & Sport September 2008 So, Oktober 2008 So, November 2008 So, Dezember 2008 So, Januar 2009 So, April 2008 Sp, Mai 2008 Sp, Juni 2008 Sp, Juli 2008 Sp, August 2008 Sp, September 2008 Sp, Oktober 2008 Sp, November 2008 Sp, Dezember 2008 Sp, Januar 2009 Sp

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