Sixt Leasing AG

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.
  • TickerA0DPRE
  • ISINDE000A0DPRE6
  • SectorGeneral Retailers
  • CountryGermany

Analysts

Hela Zarrouk

Sixt Leasing SE : A robust H2 forecast due to the effect of the optimisation of the cost base and the positive contribution from new contracts – Buy reiterated

>A H1 in line with expectations - During the conference call, management recapped on the group's performance in H1. The key points were as follows:- The group’s portfolio declined by 2.7% to 126.2k contracts at end-June 2019 (vs 129.7k at end-December 2018), as a result of a 5.1% decrease in contracts in the online retail segment, mainly due to a significant return of vehicles from the 1&1 campaign; as well as a 5.4% decrease in fleet leasing contracts (decrease ...

Hela Zarrouk

Sixt Leasing SE : Un S2 attendu robuste sous l’effet de l’optimisation de la base des coûts et de la contribution positive des nouveaux contrats – Achat réitéré

>Un S1 en ligne avec les attentes - Lors de la conférence téléphonique, le management est revenu sur les réalisations du groupe au S1, qui se sont caractérisées par :Le portefeuille groupe a baissé de 2.7% à 126.2k contrats à fin juin 2019 (vs 129.7k à fin décembre 2018), sous l’effet d’une baisse des contrats de 5.1% dans le segment Online Retail, en raison principalement d’un retour de véhicules important issus de la campagne 1&1 ; ainsi qu’une baisse de 5.4% d...

Hela Zarrouk ...
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 08/12/2019

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Hela Zarrouk ...
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 12/08/2019

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Hela Zarrouk

Sixt Leasing SE : H1 2019 results in line with expectations - H2 still expected to be stronger- FY 2019 guidance maintained.

>As expected, H1 2019 EBT at € 14.1m, -10.7% y-o-y (ODDO BHF: €14m) - Sixt Leasing SE just released its H1-19 results which were in line with expectations: 1/ consolidated revenue increased by 8.5% y-o-y to € 428m (ODDO BHF: € 424.9m) including a 23.6% increase in sales revenue to € 195.5m vs our estimate of € 193.6m (high number of vehicles returned from the 1&1 campaign); 2/ Consolidated operating revenue (excluding sales revenue) declined by 1.5% to € 232.5m, ...

Hela Zarrouk

Sixt Leasing SE : A robust H2 forecast due to the effect of the optimisation of the cost base and the positive contribution from new contracts – Buy reiterated

>A H1 in line with expectations - During the conference call, management recapped on the group's performance in H1. The key points were as follows:- The group’s portfolio declined by 2.7% to 126.2k contracts at end-June 2019 (vs 129.7k at end-December 2018), as a result of a 5.1% decrease in contracts in the online retail segment, mainly due to a significant return of vehicles from the 1&1 campaign; as well as a 5.4% decrease in fleet leasing contracts (decrease ...

Hela Zarrouk

Sixt Leasing SE : Un S2 attendu robuste sous l’effet de l’optimisation de la base des coûts et de la contribution positive des nouveaux contrats – Achat réitéré

>Un S1 en ligne avec les attentes - Lors de la conférence téléphonique, le management est revenu sur les réalisations du groupe au S1, qui se sont caractérisées par :Le portefeuille groupe a baissé de 2.7% à 126.2k contrats à fin juin 2019 (vs 129.7k à fin décembre 2018), sous l’effet d’une baisse des contrats de 5.1% dans le segment Online Retail, en raison principalement d’un retour de véhicules important issus de la campagne 1&1 ; ainsi qu’une baisse de 5.4% d...

Hela Zarrouk

Sixt Leasing SE : H1 2019 results in line with expectations - H2 still expected to be stronger- FY 2019 guidance maintained.

>As expected, H1 2019 EBT at € 14.1m, -10.7% y-o-y (ODDO BHF: €14m) - Sixt Leasing SE just released its H1-19 results which were in line with expectations: 1/ consolidated revenue increased by 8.5% y-o-y to € 428m (ODDO BHF: € 424.9m) including a 23.6% increase in sales revenue to € 195.5m vs our estimate of € 193.6m (high number of vehicles returned from the 1&1 campaign); 2/ Consolidated operating revenue (excluding sales revenue) declined by 1.5% to € 232.5m, ...

Hela Zarrouk

Sixt Leasing SE : H1 2019 results in line with expectations - H2 still expected to be stronger- FY 2019 guidance maintained.

>As expected, H1 2019 EBT at € 14.1m, -10.7% y-o-y (ODDO BHF: €14m) - Sixt Leasing SE just released its H1-19 results which were in line with expectations: 1/ consolidated revenue increased by 8.5% y-o-y to € 428m (ODDO BHF: € 424.9m) including a 23.6% increase in sales revenue to € 195.5m vs our estimate of € 193.6m (high number of vehicles returned from the 1&1 campaign); 2/ Consolidated operating revenue (excluding sales revenue) declined by 1.5% to € 232.5m, ...

Hela Zarrouk

Sixt Leasing SE : Better performance expected in H2

>Q1 2019 in line with forecasts - At the conference call, management spoke about the group's performance in Q1. The key points were as follows:The group's portfolio dropped 3.1% to 125.6k contracts at end-March 2019 due to the 5% contraction in online retail contracts. This was mainly because of significant levels of vehicles returned following the 1&1 campaign (launched in March 2017, around half of the contracts were returned between Q4 2018 and Q1 2019, i.e. a...

A director sold 9,000 shares at 19.041EUR and

A director at Sixt Leasing Ag sold 9,000 shares at 19.041EUR and the significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of...

Hela Zarrouk ...
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 08/12/2019

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Hela Zarrouk ...
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 12/08/2019

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Alain William ...
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Christophe Chaput
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Hela Zarrouk
  • Jean-François Granjon
  • Khaled Ben Amor
  • Martial Descoutures
  • Matthias Desmarais
  • Michael Foundoukidis
  • Pierre Corby
  • Rémi Adam
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 05/09/2019

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Alain William ...
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Hela Zarrouk
  • Jean-François Granjon
  • Khaled Ben Amor
  • Martial Descoutures
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olivier Lebrun
  • Pierre Corby
  • Rémi Adam
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 09/05/2019

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Benoit Valleaux ...
  • Christophe Chaput
  • Emmanuel Matot
  • Geoffroy Michalet
  • Hana Maalej
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Johanna Jourdain
  • Martial Descoutures
  • Nicolas Thorez
  • Pierre Corby
  • Roland Pfaender

ODDO BHF Small & MIDCAP MORNING NEWS - 04/17/2019

At 9.7x 2020e EBITDA the market is yet to factor in Voltalia’s short-term growth targets (1 GW at end-2020). However, at only eighteen months from this deadline, the majority of the projects that will be necessary to achieve this target are under already construction and the pipeline of 6.2 GW guarantees continued growth beyond 2020. After two years of stock market stability we think that the short-term acceleration in installed capacity will lead to a revaluation in the multiples and...

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