ADVERTISEMENTSixt’s share price plummeted by almost 4% on Tuesday following the release of a mixed quarterly earnings report.
The mobility firm reported a revenue of €858.1 million for the first quarter of 2025, a 10% annual increase.
Revenue from the German division of the company remained steady, reaching €243.3 million, while revenue growth across Europe showed more promise, rising 13.8% to €296.5 million year-on-year.
Despite recording lower losses, Sixt still posted a net loss, with earnings before taxes at -€17.6 million compared to -€27.5 million in the same period last year.
Consolidated net income after taxes stood at -€12.6 million, down from -€23.1 million in 2024.
Sixt expressed its commitment to expanding in all regional markets, focusing on profitable growth in its earnings report.
The firm stated, “Sixt anticipates continued growth in demand for its mobility services in the current fiscal year. Consequently, Sixt confirms its forecast for the 2025 fiscal year, expecting revenue to increase by 5% to 10% and a significantly higher EBT margin around 10% compared to the previous year.”
