SIXT SE has reported a 10% increase in revenue for the first quarter, reflecting strong growth in Europe and the U.S. This performance confirms their earnings improvement and supports the company's positive outlook for 2025, projecting higher profitability. CFO Dr. Franz Weinberger emphasized the importance of a consistent premium strategy and agile fleet planning to navigate volatile market conditions. Despite macroeconomic uncertainty, SIXT has adapted by tightening its fleet and preparing for increased demand in the summer season, showcasing adaptability and resilience.
Fleet at tight level and strong growth in Europe and the U.S. form the basis for significant improvement in earnings and confirmation of the 2025 outlook.
SIXT achieved a 10% increase in revenue in the first quarter and significantly improved its earnings - we are therefore well on track to achieve our full-year targets.
Our consistent premium strategy, fleet planning inside the demand as well as our high level of flexibility and resilience are of crucial importance, especially in volatile markets.
We efficiently met the high demand for our mobility products in the first quarter with a slight increase in our fleet of around 4%.
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