Sixt:Quarterly Results/2022 Q4: Difference between revisions

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https://www.eqs-news.com/news/adhoc/sixt-se-announcement-of-the-dividend-proposal-for-financial-year-2022-forecast-for-financial-year-2023-and-trend-for-the-first-quarter-of-2023/1763079</ref>===
https://www.eqs-news.com/news/adhoc/sixt-se-announcement-of-the-dividend-proposal-for-financial-year-2022-forecast-for-financial-year-2023-and-trend-for-the-first-quarter-of-2023/1763079</ref>===
Sixt's revenue in 2022 grew by by 34.3% year-over-year to EUR 3.07 billion in-line with the EUR 3.04 billion(+33.3%) analysts estimate. On the other hand, its EBT grew by 24.4% year-over-year to EUR 550.2 million. As a result, the company announced that it will pay a dividend in the amount of EUR 4.11 per ordinary share, which exceeds EUR 3.37 per ordinary share estimate.The company also proposed a dividend in the amount of EUR 4.13 per preference share. Besides, shareholders will get a special dividend of EUR 2.00 per share.
Sixt's revenue in 2022 grew by by 34.3% year-over-year to EUR 3.07 billion in-line with the EUR 3.04 billion(+33.3%) analysts estimate. On the other hand, its EBT grew by 24.4% year-over-year to EUR 550.2 million. As a result, the company announced that it will pay a dividend in the amount of EUR 4.11 per ordinary share, which exceeds EUR 3.37 per ordinary share estimate.The company also proposed a dividend in the amount of EUR 4.13 per preference share. Besides, shareholders will get a special dividend of EUR 2.00 per share.
Sixt pointed out that the 17.6% EBT margin was above the 10% return on investment target.
The company continues to grow geographically. In 2022, the share of foreign revenue grew to 71.4% from 67.2% in 2021.


The company said it "was successful in placement of Borrower´s note loans with a total volume of EUR 450 million" and terms of three, five and seven years. Sixt added that the issue received a huge demand as it had an order book of more than EUR 750 million and "was priced at the lower end of the target range that had been announced."
The company said it "was successful in placement of Borrower´s note loans with a total volume of EUR 450 million" and terms of three, five and seven years. Sixt added that the issue received a huge demand as it had an order book of more than EUR 750 million and "was priced at the lower end of the target range that had been announced."