Sixt SE : The newsflow is improving but caution is the watchword in the short term – Neutral rating maintained – TP increased to € 79
>What to expect from the meeting on 9 June? - Sixt SE will hold its analysts’ conference on 9 June, at which the management is likely to give a recap on the current situation as regards management of the crisis as well as the trends to be expected for business in the coming quarters (particularly Q3: 47% of full-year underlying earnings before tax). Besides the current year, we will be interested to hear the comments on 2021 as well as on the short and medium-term gro...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.
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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