Slide 1: Sixt SE Q3 2024 Results
SIXT SE Q3 2024 RESULTS SECOND TEXT LEVEL: LOCATION, MONTH 20XX
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER This presentation (together with the presenters’ speeches delivery of the Presentation nor any further discussions of and neither the Company nor any of its directors takes any and any other related verbal or written communications the Company with any of the recipients thereof shal
Slide 3: Our Comeback: EBT in Q3 back on track with margin around 20%
OUR COMEBACK: EBT IN Q3 BACK ON TRACK WITH MARGIN AROUND 20% DESPITE ONGOING CHALLENGING MARKET ENVIRONMENT EBT [EUR m] 0% 246.9 246.4 -52% Q3/24 EBT Margin: 131.9 -183% 62.9 19.8% 33.3 -27.5 Q1 2023 Q1 2024 Q2 2023 Q2 2024 Q3 2023 Q3 2024 Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 3
Slide 4: Our top line performance: high demand, exceptional fleet and extended network
OUR TOP LINE PERFORMANCE: HIGH DEMAND, EXCEPTIONAL FLEET AND EXTENDED NETWORK IN LINE WITH OUR LONG-TERM DEVELOPMENT REVENUE BRANCHES EUR m [#] 10Y CAGR 13% 59% 10% ~50 branch openings in 9M/24 1,242 1,129 FLEET [avg.#] 997 9% 780 799 189,000 206,100 670 562 463 498 463 369 Q3 2023 Q3 2024 UTILIZATI
Slide 5: Our earnings: record EBITDA demonstrates operational strength
OUR EARNINGS: RECORD EBITDA DEMONSTRATES OPERATIONAL STRENGTH; SECOND BEST EBT IF NEGATIVE RESIDUAL VALUE EFFECTS ARE EXCLUDED EBITDA EBT EUR m EUR m 77% 15% 82% Elimination of positive 542 283.1 residual value effects Elimination of 473 253.2 246.9 negative residual value effects 423 359 306 146.6
Slide 6: Global Footprint & Fleet
GLOBAL FOOTPRINT & FLEET Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 6
Slide 7: Our internationalisation strategy: further growth across all segments
OUR INTERNATIONALISATION STRATEGY: FURTHER GROWTH ACROSS ALL SEGMENTS DESPITE GDP-WEAKNESS REVENUE EUR m GERMANY EUROPE NORTH AMERICA +0.2%¹ +2.8%2 +7% Q3 GDP growth +5% +21% Q3 GDP growth vs. Q3 2023 vs. Q3 2023 +0.4%1 vs. Q3 2023 +13% vs. Q3 2019 +27% vs. Q3 2019 Q3 GDP growth +461% vs. Q3 2019 Q3
Slide 8: Our presence in North America: fast scaling presence with 50th US airport opening
OUR PRESENCE IN NORTH AMERICA: FAST SCALING PRESENCE WITH 50TH US AIRPORT OPENING AS EARLY AS THIS YEAR REVENUE CAGR IN NORTH AMERICA (2019-2023): 22% YVR >120 BRANCHES SEA YYZ BOS 49 U.S. AIRPORTS MSP MKE PDX JFK, EWR, LGA 6 NEW U.S. AIRPORT BRANCHES AND SLC PHL ORD PIT BWI 12 NEW DOWNTOWN BRANCHES
Slide 9: Our branches: continued openings globally and >70 modernisations
OUR BRANCHES: CONTINUED OPENINGS GLOBALLY AND >70 MODERNISATIONS SINCE SUMMER 2023 TO FURTHER INCREASE CUSTOMER EXCITEMENT ZURICH AIRPORT DRESDEN MAIN STATION NEW YORK CITY WILLIAMSBURG NICE PROMENADE Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 9
Slide 10: Our global premium fleet: already high premium share further increased
OUR GLOBAL PREMIUM FLEET: ALREADY HIGH PREMIUM SHARE FURTHER INCREASED Q3 2023 Q3 2024 Premium share1 Premium share1 54% 59% Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 1 Based on value share of BMW (incl. MINI), Audi, Mercedes-Benz in-fleets 10
Slide 11: EBT Deep Dive
EBT DEEP DIVE Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 11
Slide 12: Our EBT bridge: residual value effects compensated by strong revenue growth
OUR EBT BRIDGE: RESIDUAL VALUE EFFECTS COMPENSATED BY STRONG REVENUE GROWTH Higher efficiency, as increase (4.3 %) is EBT proportionally lower than [EUR m] revenue increase (10.0 %). Financing fleet in increased interest rate environment. However, increase lower -29.4 than in Q2 Y-o-Y (Q2 2024 -7.6
Slide 13: Update Fleet De-Risking
UPDATE FLEET DE-RISKING Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 13
Slide 14: Our European fleet: risk share further reduced
OUR EUROPEAN FLEET: RISK SHARE FURTHER REDUCED – ON TRACK TO REACH PRE-PANDEMIC LEVELS IN 2025 EUROPE - SHARE OF RISK VEHICLES INFLEETED* EUROPE - RISK VEHICLES IN FLEET [%] [#] 30 Risk Vehicles (incl. V&T) 25 Risk Vehicles C&B 20 15 10 5 <2% 0 Q1 Q3 Q1 Q3 Q1 Q2 Q3 Q1 Q3 Q1 Q3 2022 2022 2023 2023 20
Slide 15: Our North American fleet: reduction of risk exposure and vehicle costs
OUR NORTH AMERICAN FLEET: REDUCTION OF RISK EXPOSURE AND VEHICLE COSTS THROUGH TARGETED MEASURES Optimise and Remarketing Optimised Tight premium accelerate cycle out of initiatives (e.g. purchasing fleet with low older vehicles and network expansion conditions for mileage replacement against and ac
Slide 16: Outlook Update
OUTLOOK UPDATE Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 16
Slide 17: Our full year guidance: continued expectation of significant revenue growth
OUR FULL YEAR GUIDANCE: CONTINUED EXPECTATION OF SIGNIFICANT REVENUE GROWTH; PROJECTED EBT ON LEVEL OF MARKET EXPECTATION UPDATED FORECAST FOR FULL YEAR 2024 Significant revenue growth EBT of around EUR 340 million (previously: EUR 340-390 million; latest market expectation: EUR 352 million) Q3
Slide 18: Q&A Session
Q&A SESSION Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 18
Slide 19: Thank You!
THANK YOU! Q3 2024 EARNINGS PRESENTATION | NOVEMBER 2024 19