Report
Hela Zarrouk

Allane SE : Q1 2024 results in line with expectations – 2024 outlook confirmed

>Q1 2024 results in line with expectations - Allane SE released its final Q1 2024 results which were in line with expectations. In detail, we note:Consolidated revenue (including sales revenue) increased by 16.0% to € 175.5m (Q1 2023: € 151.3m) vs our estimates of € 172.3.Consolidated operating revenue (excl. sales revenue) increased by 32.4% to € 103.8m (ODDO BHF: € 71.9m), mainly driven by an increase in leasing income, more specifically in the Retail Leas...
Underlying
Sixt Leasing AG

Sixt Leasing Se. Sixt Leasing SE is a Germany-based company engaged in automobile leasing. It reports two business segments: Leasing, consisting of Fleet Leasing and Online Retail business fields, and Fleet Management. Fleet Leasing covers full-service leasing for large corporate customers, including lease financing, as well as fleet management, allowing companies with large vehicle fleets to outsource the entire management of their fleet. The offering also includes consultation and advice for vehicle selection, vehicle procurement, vehicle maintenance over the entire contract period, management of tire replacements, as well as solutions for the transparent return of vehicles. Online Retail offers leasing solutions for private and commercial customers through its online platforms sixt-neuwagen.de and autohaus24.de. The Fleet Management segment is covered by the subsidiary Sixt Mobility Consulting GmbH and manages large fleets for customers who purchased or leased their vehicles from other providers.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Hela Zarrouk

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