SIXT Achieves Record Revenue in Q3 2024

SIXT SE reports a remarkable third quarter with revenue reaching an unprecedented EUR 1.24 billion, marking a 10% increase from Q3 2023 and a 60% rise compared to pre-Covid 2019. The company's earnings before taxes (EBT) stood at EUR 246.4 million, maintaining the previous year’s margin of 19.8%. Significant growth was seen across all geographical segments, notably a 20% increase in North America.

The firm's EBITDA hit a new quarter-high of EUR 542.4 million. This was partly attributed to effective vehicle procurement strategies amid heightened summer demand. Improved purchasing conditions and fleet optimization further boosted financial performance.

SIXT’s strategic focus on fleet quality and customer experience led to a 98% share of non-risk vehicles in Europe and an expanded footprint with new branches in major cities across Europe and the US.