The Sixt Group records 2014 as the most successful fiscal year in its corporate history. Revenues and earnings exceeded the original expectations of the Managing Board and reached best-ever figures. The international mobility service provider’s consolidated earnings before taxes (EBT) rose 14.1 per cent to EUR 157 million. The group’s operating revenue climbed 9.3 per cent to EUR 1.65 billion. This development rests on a broad base of increasing demand registered in both business units, vehicle rental and leasing. The growth driver was once again the dynamic development of the Vehicle Rental Unit’s foreign operations. Total consolidated revenue increased 8.6 per cent to EUR 1.8 billion. Against the background of such an encouraging business performance the Managing Board plans to increase the dividend payout for fiscal year 2014 by around 20 per cent.
Erich Sixt, Chairman of the Managing Board, Sixt SE commented, “The strong result in 2014 exceeded our expectations. It is all the more encouraging if one considers the restrained economic environment in Europe. The basis for this success was, once more, the ongoing international expansion and our clear premium strategy. With a 9.5 per cent pre-tax return on operating revenue, Sixt once again underlined its position as one of the world’s most profitable mobility service providers. Our company’s internal strength makes us generally optimistic for 2015.”
