Shares in Sixt had dropped by almost 4% on Tuesday as of around midday, after the mobility firm shared a mixed earnings report.
The company posted a revenue of €858.1 million in the first quarter of 2025, an annual increase of 10%.
Revenue in the German division remained stable over the year, coming in at €243.3m, while revenue growth in Europe as a whole was more promising. It rose 13.8% year-on-year to €296.5m.
Despite softer losses, Sixt remains unprofitable, with earnings before taxes coming to -€17.6m, after a total of -€27.5m seen in the same period a year earlier.
Consolidated net income after taxes came to -€12.6m, after -€23.1m in 2024.
“Sixt is maintaining its expansion course for all regional segments, with profitable growth remaining the top priority,” the firm said in its earnings report.
It continued: “Sixt expects demand for its mobility products to continue to rise in the current financial year. Therefore, Sixt confirms its forecast for the 2025 financial year of being able to increase revenue in a range of 5% to 10% and also expects to achieve a significantly higher EBT margin in the region of 10% in the 2025 financial year compared to the previous year.”
