Sixt is a parent company that acts as the holding company. Through its subsidiary, Co. is an international provider of mobility services. With its Vehicle Rental and Leasing Business Units Co. provides its customers tailor-made products that provide mobility of a few minutes to several years. In the Vehicle Rental Business Unit Co. has a network of stations with an almost worldwide presence through its own rental offices as well as through cooperation with franchisees and cooperation partners. Through its Leasing Business Unit Co. is a non-bank, vendor-neutral leasing companies. In addition, Co.'s franchisees and cooperation partners provides lease financing and services.
  • TickerSIX2
  • ISINDE0007231326
  • SectorGeneral Retailers
  • CountryGermany
Christophe Chaput ...
  • Hela Zarrouk

Sixt SE : H1 2020 in line with preliminary figures – Comfortable liquidity situation

>H1 2020 results in line with preliminary figures - Sixt SE just released its detailed H1 2020 results, which were in line with preliminary figures, marked by: 1/ a 36.7% decline in H1 2020 consolidated revenue to € 717m, o/w -37.1% in operating revenue to € 711.3m, impacted by the health crisis and in particular a halt in activity in its main markets during the lockdown period. In only Q2, consolidated revenue came in at € 228.5m, -63.6% y-o-y.2/ As alrea...

Christophe Chaput ...
  • Hela Zarrouk

Sixt SE : H1 2020 in line with preliminary figures – Comfortable liquidity situation

>H1 2020 results in line with preliminary figures - Sixt SE just released its detailed H1 2020 results, which were in line with preliminary figures, marked by: 1/ a 36.7% decline in H1 2020 consolidated revenue to € 717m, o/w -37.1% in operating revenue to € 711.3m, impacted by the health crisis and in particular a halt in activity in its main markets during the lockdown period. In only Q2, consolidated revenue came in at € 228.5m, -63.6% y-o-y.2/ As alrea...

Fatma Agnès Hamdani

ODDO BHF Small & MIDCAP MORNING NEWS - 08/05/2020

In this report we analyse the notable differences between the published results of phase I tests for COVID-19 vaccines even though, at this stage, it is difficult to compare one trial with another. Phase I results have been positive overall, in terms of both safety (primary challenge) but also efficacy, with all recording the production of neutralising antibodies. We think that the results published by BioNtech and Moderna lend even greater credibility to the mRNA approach. We are sti...

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: Developed Markets Leadership Chart Book

Europe in focus The U.S. dollar continues to grind marginally higher, and EM equities have suffered as a result. Meanwhile, RS for the MSCI EAFE index is bottoming when compared to the MSCI EM index, largely due to outperformance in Europe. With developed int'l markets beginning to outperform emerging markets, we recommend adding exposure to the developed int'l space. Below we highlight attractive and actionable themes within developed int'l: • Europe & Japan: Though this is an all-encompassing bottoms-up chart book for developed ex-U.S., make no mistake, the vast majority of today's buy rec...

Christophe Chaput ...
  • Hela Zarrouk

Sixt SE : H1 2020 in line with preliminary figures – Comfortable liquidity situation

>H1 2020 results in line with preliminary figures - Sixt SE just released its detailed H1 2020 results, which were in line with preliminary figures, marked by: 1/ a 36.7% decline in H1 2020 consolidated revenue to € 717m, o/w -37.1% in operating revenue to € 711.3m, impacted by the health crisis and in particular a halt in activity in its main markets during the lockdown period. In only Q2, consolidated revenue came in at € 228.5m, -63.6% y-o-y.2/ As alrea...

Christophe Chaput ...
  • Hela Zarrouk

Sixt SE : H1 2020 in line with preliminary figures – Comfortable liquidity situation

>H1 2020 results in line with preliminary figures - Sixt SE just released its detailed H1 2020 results, which were in line with preliminary figures, marked by: 1/ a 36.7% decline in H1 2020 consolidated revenue to € 717m, o/w -37.1% in operating revenue to € 711.3m, impacted by the health crisis and in particular a halt in activity in its main markets during the lockdown period. In only Q2, consolidated revenue came in at € 228.5m, -63.6% y-o-y.2/ As alrea...

Christophe Chaput ...
  • Hela Zarrouk

Sixt SE : Preliminary H1 2020 results slightly below expectations – FY 2020 guidance cancelled – Target price lowered to € 75

>H1 2020 preliminary results slightly below expectations - Sixt SE published yesterday before market close its preliminary H1 2020 results which came in slightly below expectations. H1 2020 operating revenue came in at € 711.3m, -37% y-o-y (vs our estimates of € 704.1m), implying a decrease of 64.4% in Q2 alone to € 222.8m.H1 2020 EBT came in at -€ 122.9m (ODDO BHF: -€ 115.1m), i.e. Q2 2020 EBT at -€ 117.8m (vs € 73.3m in Q2 2019). Since the beginning of th...

Christophe Chaput ...
  • Hela Zarrouk

Sixt SE : Preliminary H1 2020 results slightly below expectations – FY 2020 guidance cancelled – Target price lowered to € 75

>H1 2020 preliminary results slightly below expectations - Sixt SE published yesterday before market close its preliminary H1 2020 results which came in slightly below expectations. H1 2020 operating revenue came in at € 711.3m, -37% y-o-y (vs our estimates of € 704.1m), implying a decrease of 64.4% in Q2 alone to € 222.8m.H1 2020 EBT came in at -€ 122.9m (ODDO BHF: -€ 115.1m), i.e. Q2 2020 EBT at -€ 117.8m (vs € 73.3m in Q2 2019). Since the beginning of th...

Christophe Chaput ...
  • Hela Zarrouk

Sixt SE : A Q2 2020 expected to be down sharply – Extension of stations network in the US

>Preview of Q2 2020 results and downward revision to our FY 2020 estimates - Sixt SE is due to report its Q2 2020 results on 13 August. Unsurprisingly, Q2 (which includes at least two months of lockdown in the group’s main markets) will be the most catastrophic quarter ever recorded by the group. Note that Sixt SE generates 33% of its sales in Germany, 20% in the US, 12% in France, 11% in Spain, 7% in the UK and 3% in Italy, according to our estimates. For Q2 2020, ou...

Fatma Agnès Hamdani

ODDO BHF Small & MIDCAP MORNING NEWS - 08/05/2020

In this report we analyse the notable differences between the published results of phase I tests for COVID-19 vaccines even though, at this stage, it is difficult to compare one trial with another. Phase I results have been positive overall, in terms of both safety (primary challenge) but also efficacy, with all recording the production of neutralising antibodies. We think that the results published by BioNtech and Moderna lend even greater credibility to the mRNA approach. We are sti...

Fatma Agnès Hamdani

ODDO BHF Small & MIDCAP MORNING NEWS - 05/08/2020

Nous analysons ici les différences notables entre les phases 1 publiées sur le vaccin contre la COVID-19, bien qu’il soit, à ce stade, délicat de comparer une étude à une autre. Les résultats de phase 1 sont dans l’ensemble positifs en termes de sécurité (enjeu premier) mais aussi d’efficacité avec la production, pour l’ensemble, d’anticorps neutralisants. Nous croyons que les résultats de BioNtech et Moderna crédibilisent d’autant plus l’approche à ARNm. Nous maintenons notre recomma...

Baptiste Lebacq

ODDO BHF Small & MIDCAP MORNING NEWS - 07/23/2020

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Baptiste Lebacq

ODDO BHF Small & MIDCAP MORNING NEWS - 23/07/2020

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Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier

ODDO BHF Small & MIDCAP MORNING NEWS - 06/10/2020

ASMi’s story increasingly resembles that of ASML (minus the monopoly). The group benefits from the structural increase in capex for 7nm, 5nm and soon 3nm nodes in more precise deposition techniques (ALD and epitaxy) and is gaining market share in memory. ASMi is now profitable and has enough cash to dispense with ASM PT, which should be an incentive for it to sell its residual 25% stake. This would crystallise the group’s low valuation relative to peers (11.8x EBITDA excluding ASM PT)...

Thanks to a better fundamental star rating, SIXT AG. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to SIXT AG. (DE), active in the Transportation Services industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date May 29, 2020, the closing price was EUR 73.85 and its expected value was estimated at EUR 61.53.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

SIXT – AGM 24 June 2020

General: The AGM is to be held in the form of a virtual AGM in accordance with the German Law to Mitigate the Consequences of the COVID-19 Pandemic. The physical presence of shareholders or their authorised proxies is not possible. The voting rights may therefore be exercised solely by postal vote or by granting authority to the proxies designated by the Company.   SIXT is a leading international provider of mobility services. With its products SIXT rent, SIXT share and SIXT ride, the Company offers a unique, integrated range of mobility services in the areas of car rental, car sharing and r...

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