Sixt Stories Document 2022 Income

Sixt in 2022 set an annual file for income, the automobile rental firm reported Tuesday. The corporate reported €3.1 billion (US$3.3 billion) in consolidated income for full-year 2022, a 34.3 % year-over-year enhance from €2.3 billion.

“2022 was the second file 12 months in a row for Sixt,” co-CEO Alexander Sixt mentioned in a press release. “The outcomes present that our Group has reached a noticeably increased degree by way of its strategic positioning, earnings energy and resilience than earlier than the Covid pandemic.”

Sixt achieved its strongest progress in North America, with america now the biggest single marketplace for Sixt worldwide, in line with the corporate. North American income elevated 55.4 % to €908.2 million. 

The corporate expanded into Vancouver, Canada, in 2022, and earlier this month opened services at Toronto’s Pearson Worldwide Airport. It additionally just lately opened a location at Pittsburgh Worldwide Airport and plans to open a brand new department at Reagan Nationwide Airport in Washington, D.C., this spring, in line with the corporate.

The Europe phase, excluding Germany, reported €1.3 billion in income representing a 35.1 % enhance 12 months over 12 months. The German phase elevated 17.6 % over 2021 to €869.8 million.

Web revenue after taxes for 2022 was €385.7 million, a rise of 23.2 % 12 months over 12 months. For the primary quarter of 2023, Sixt expects income to extend to 10 % to 25 % in comparison with a 12 months prior. 

As of Dec. 31, 2022, Sixt’s common variety of rental autos was 138,400, up 10.5 % 12 months over 12 months.