DGAP-Ad-hoc: Sixt SE / Key word(s): Forecast 
Sixt SE: Sixt SE announces new forecast for financial year 2020 
 
23-Nov-2020 / 17:35 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Sixt SE announces new forecast for financial year 2020* 
 
*Pullach, 23 November 2020* - On the basis of the figures for the first 
three quarters of financial year 2020 published on 12 November 2020 and the 
latest information on its business performance in the fourth quarter, the 
Managing Board of Sixt SE approved a new forecast for financial year 2020 
today. Prior to this, Sixt SE had withdrawn its previous forecast for 
financial year 2020 on 4 August 2020 and refrained from publishing a new 
forecast due to the strongly increased uncertainty concerning the extent of 
the adverse effects in connection with the COVID-19 pandemic. 
 
For financial year 2020, the Managing Board of Sixt SE expects consolidated 
operating revenue of around EUR 1.50 billion (2019 adjusted: EUR 2.49 
billion). Earnings before taxes (EBT) of the Sixt Group (from continuing 
operations) for financial year 2020 are expected to be in the range between 
EUR -70 million and EUR -95 million (2019 adjusted: EUR 308 million). 
 
The reason for the ranges is the COVID-19 pandemic, which is currently 
spreading more strongly again, and the associated contact and travel 
restrictions, the effects of which on the business operations of the Sixt 
Group are subject to a high degree of uncertainty. The new forecast is also 
based on the assumption that the COVID-19 pandemic will not spread even more 
severely in the current year and that there will be no further significant 
regulatory restrictions, in particular contact and travel restrictions. 
 
The results from the discontinued Leasing segment, in particular the one-off 
effect from the sale of the shareholding in Sixt Leasing SE, are not 
included in the forecast. Of these results, the shareholders of Sixt SE are 
entitled to earnings after taxes of around EUR 65 million. 
 
Note: "Consolidated operating revenue" is not a key figure in accordance 
with IFRS. Information on the composition of consolidated operating revenue 
is available in the 2019 Annual Report of Sixt SE on page 101 (available at 
ir.sixt.eu). For better comparability, the previous year's figures for 
financial year 2019 have been adjusted for the discontinued leasing business 
unit. 
 
Contact: 
Nicole Schillinger 
Head of Investor Relations 
Sixt SE 
Tel.: +49 (0)89 74444-5104 
Email: investorrelations@sixt.com 
 
23-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     Sixt SE 
             Zugspitzstraße 1 
             82049 Pullach 
             Germany 
Phone:       +49 (0)89 74444-5104 
Fax:         +49 (0)89 74444-85104 
E-mail:      investorrelations@sixt.com 
Internet:    http://ir.sixt.eu 
ISIN:        DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt 
             Namensaktien, DE000A2BPDU2 Sixt-Anleihe 2016/2022, DE000A2G9HU0 
             Sixt-Anleihe 2018/2024 
WKN:         723132 
Indices:     SDAX 
Listed:      Regulated Market in Frankfurt, Munich; Regulated Unofficial 
             Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, 
             Tradegate Exchange 
EQS News ID: 1150022 
 
End of Announcement DGAP News Service 
 
1150022 23-Nov-2020 CET/CEST 
 
 

(END) Dow Jones Newswires

November 23, 2020 11:35 ET (16:35 GMT)