SIXT SE SIXT SE
FY 2023 EARNINGS
SECOND TEXT LEVEL: LOCATION, MONTH 20XX
KEY FIGURES
FY 2023 EARNINGS PRESENTATION | MARCH 2024 | 2 |
FY 2023: ANOTHER SUCCESSFUL YEAR
GROWTH STORY CONTINUED
FLEET | ||
[Ø CARS] | ||
169,100 | ||
150,700 | ||
138,400 | ||
FY/2019 | FY/2022 | FY/2023 |
REVENUE | ||
[EUR m] | ||
3,620.5 | ||
3,066.2 | ||
2,501.4 | ||
FY/2019 | FY/2022 | FY/2023 |
EBT | ||
[EUR m] | ||
550.2 | ||
464.3 | ||
308.2 | ||
FY/2019 | FY/2022 | FY/2023 |
FY 2023 EARNINGS PRESENTATION | MARCH 2024
The figures for 2019 used in this presentation have been adjusted and relate to continuing operations. The Leasing segment wa s sold in July 2020.
FY 2023 WITH STRONG GROWTH IN ALL SEGMENTS FIRST ONE BILLION REVENUE YEAR IN NORTH AMERICA
GERMANY
+24%
vs. 2022 +10% vs. 2019
EUROPE
+14%
vs. 2022 +41% vs. 2019
NORTH AMERICA
+19%
vs. 2022 +123% vs. 2019
2023: EUR 1.08 BN
2023: EUR 1.46 BN
2023: EUR 1.08 BN
FY 2023 EARNINGS PRESENTATION | MARCH 2024 | 4 |
OUR FLEET: AT RECORD LEVELS WITH A CONTINUED
HIGH SHARE OF PREMIUM CARS
AVERAGE FLEET SIZE (EXCL. FRANCHISE)
[THOUSAND] | |||||||||||
FY 2019 | FY 2022 | 57% | FY 2023 | ||||||||
50% | Premium | 57% | Premium | Premium | |||||||
share1 | share1 | share1 | |||||||||
189 | |||||||||||
176 | 172 | ||||||||||
166 | |||||||||||
155 | 149 | 149 | |||||||||
143 | 144 | ||||||||||
129 | 125 | 133 | |||||||||
2019 Ø: ~151 | 2022 Ø: ~138 | 2023 Ø: ~169 | |||||||||
Q1/19 | Q2/19 | Q3/19 | Q4/19 | Q1/22 | Q2/22 | Q3/22 | Q4/22 | Q1/23 | Q2/23 | Q3/23 | Q4/23 |
FY 2023 EARNINGS PRESENTATION | MARCH 2024 | 1Based on value share of BMW (incl. MINI), Audi, Mercedes -Benzin-fleets | 5 |
ATTRACTIVE DIVIDEND PROPOSAL
IN LINE WITH OUR DIVIDEND POLICY
74.3% 2022 INCL. SPECIAL DIVIDEND OF
EUR 2.00 ON TOP | ||||
61.1% | 62.1% | |||
54.7% | 55.6% | PAYOUT RATIO | ||
54.6% | PROPOSAL TO AGM | |||
52.7% | ||||
51.0% | 51.3% | ON 12 JUNE 2024 | ||
47.8% | 50.0% | |||
2022 EXCL. EUR 2.00 SPECIAL DIVIDEND
- PAYOUT RATIO:
53.7 % (2012-2018; 2022)
23.8%
DIVIDEND PROPOSAL FOR 2023
- EUR 3.90 dividend per common share
- EUR 3.92 per preference share
- 54.6% payout ratio
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Q4/FY 2023 EARNINGS PRESENTATION | MARCH 2024 | Payout ratio based on consolidated profit after minority interests; payout ratio 2017 w/o special dividend for the sale of DriveNow; 2018 artificially low | 6 |
with DriveNow sales gain included in consolidated profit |
RECENT HIGHLIGHTS
FY 2023 EARNINGS PRESENTATION | MARCH 2024
OPENING OF FURTHER BRANCHES IN THE US NEW AIRPORT AND DOWNTOWN LOCATIONS
SALT LAKE CITY | RONALD REAGAN WASHINGTON | CHICAGO |
INTERNATIONAL AIRPORT | NATIONAL AIRPORT | DOWNTOWN |
FY 2023 EARNINGS PRESENTATION | MARCH 2024 | 8 |
SIXT IN NORTH AMERICA: CONTINUED EXPANSION
SJC
LAX
YVR
SEA
PDXMSP
SLC | ORD |
SFO | EGE | DEN |
ASE | ||
LAS | ||
ABQ | ||
SAN | PHX | |
DFW | ||
SAT | ||
LIH | OGG | IAH |
HNL
YYZ
BOS
JFK, EWR, LGA | |
PIT | PHL |
BWI | |
IND | IAD | DCA |
CVG | RDU | |
BNA | CLT |
ATL JAX
MCO
PBI
TPA FLL
RSW
MIA
>100 BRANCHES 44 TOP AIRPORTS
5 NEW AIRPORT BRANCHES
(4 US + 1 CA)
AND 14 NEW DOWNTOWN BRANCHES
(13 US + 1 CA)
OPENED IN 2023 AND 2024 SO FAR
NUMBER OF BRANCHES AT U.S. AIRPORTS
431 | 50 | ||||
39 | |||||
35 | |||||
29 | |||||
24 | |||||
2019 | 2020 | 2021 | 2022 | 2023 | 2024E |
FY 2023 EARNINGS PRESENTATION | MARCH 2024 | 1As of 31 December 2023 | 9 |
OPENING OF FURTHER BRANCHES IN GERMANY
NEW FLAGSHIP LOCATIONS IN SIXT'S HOME MARKET
MUNICH | FRANKFURT |
OSTBAHNHOF | (ZEIL) |
FY 2023 EARNINGS PRESENTATION | MARCH 2024 | 10 |
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Sixt SE published this content on 04 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2024 10:56:06 UTC.
