Sixt Leasing SE : Ramp-up of digitisation despite the crisis – caution on 2021
>Ramp-up of digitisation despite the crisis - The group held yesterday an analysts’ conference, during which we found management’s tone generally cautious on the current year with a persistent lack of visibility. The main points to note are:2020 results: management recapped on the group’s 2020 performance, characterised by: consolidated revenue posting a 9.3% decline to € 747.7m; consolidated operating revenues (excluding income from vehicle sales) down 9.6%; the...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.
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.
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