$SIX2 (+1,92 %)

21 consecutive record quarters. And the streak could continue.

Today, SIXT released its results for the third quarter of 2026. I think this trend deserves significantly more attention on the German stock market.

Let’s take a closer look at the numbers:

Q3 2026 – Key Financial Metrics

• Revenue: 1.48 billion euros (+11.8%)
• Earnings Before Taxes (EBT): 281.8 million euros (+9%)
• Net income: 197.4 million euros (+8.7%)
• Corporate EBITDA: 350.4 million euros (+8.9%)
• Average vehicle fleet: approximately 248,300 vehicles
• Revenue after nine months: 3.60 billion euros (+10.2%)

Of particular interest: SIXT has thus achieved the highest quarterly revenue in its corporate history.

And now for the real news:

Management is raising its revenue forecast for 2026.

Instead of the previous range of 4.45 to 4.60 billion euros, revenue is now expected to be just under 4.7 billion euros.

The targeted pre-tax profit margin remains at around 10%. This corresponds to a targeted pre-tax profit of approximately 470 million euros.

What sets SIXT apart strategically?

This is where it gets interesting for long-term investors:

INTERNATIONALIZATION

About three-quarters of revenue growth now comes from international markets. Europe and North America, in particular, are performing well.

PREMIUM STRATEGY

The value share of premium vehicles in the fleet has risen to 62%. In the previous year, it was 55%.

BMW, Mercedes, and Audi are key components of this positioning.

DIGITALIZATION

SIXT will invest more than 100 million euros in its technology platform by 2026. The app is becoming a particularly important booking channel.

With the new SIXT Seamless Journey, the entire car rental process is designed to be digital and seamless.

GROWTH WITHOUT BLIND EXPANSION

SIXT deliberately keeps its vehicle fleet small and aligns it with demand. This is intended to improve utilization and profitability.

But where do the risks lie?

A sound investment analysis must not overlook the downsides:

• High capital requirements for the vehicle fleet.
• Interest expenses and financing terms.
• Residual value risks for used vehicles.
• Economic and consumer risks, particularly in the U.S.
• The equity ratio was most recently 26.6%.

The premium strategy must also prove itself over the long term.

My investment thesis:

I don’t view SIXT as just a traditional car rental company.

The company is increasingly positioning itself as an international premium mobility provider with a strong brand, digital sales channels, and a growing international business.

I find it particularly exciting that earnings after nine months rose by 16.9% to just under 407 million euros, while revenue increased by 10.2%.

This is a trend that investors should monitor closely.

Of course, good quarterly results alone don’t make a stock a good buy. Valuation, debt, cash flow, and future vehicle costs also need to be examined.

Now I’d like to hear your thoughts:

Do you see SIXT as an undervalued German blue-chip stock with international growth potential?

Or is the business model too risky in the long term due to its high capital intensity and dependence on the travel market?

Who among you is already invested or has SIXT on your watchlist?

I’m looking forward to hearing your thoughts.

#SIXT
#Aktien
#Dividendenstrategie
#Deutschland
#Wachstumsaktien
#Börse
#Investieren
#SDAX

Sixt increases pre-tax profit by 9 percent to 281.8 million euros in the third quarter of 2026; revenue forecast for 2026 rises to just under 4.7 billion euros

$SIX2 (+1,92 %)
$DE000A1K0656

*Sixt increased its pre-tax profit in the third quarter of 2026 by 9 percent year-over-year to 281.8 million euros.

* Revenue climbed by 12 percent during the same period to a record 1.48 billion euros.

* The average fleet size grew by 11 percent year-over-year in the third quarter to 248,300 vehicles.

* Technology investments are expected to reach more than 100 million euros in 2026 and continue to rise in 2027; management plans to keep the fleet deliberately lean.

* The revenue forecast for 2026 has been raised to just under 4.7 billion euros; the expected pre-tax margin remains at around 10 percent.

Monday:

Unsurprisingly, both June and July were the hottest months ever recorded in Europe. This is having an increasingly significant impact on the economy. Both shipping routes and electricity production are being restricted. Low water levels in the Rhine, Danube, and Po rivers, in particular, are causing problems. Wildfires are also affecting tourism.

https://www.handelsblatt.com/politik/deutschland/klima-juni-und-juli-waren-in-westeuropa-so-warm-wie-noch-nie/100246102.html

Wednesday:

Unlike $MUV2 (+1,86 %) Munich Re, $HNR1 (-0,14 %) Hannover Re increased its profit to 1.4 billion euros in the first half of the year. Overall, prices in the reinsurance business fell by about 4%. Despite this, revenue still rose by 0.2%.

https://www.handelsblatt.com/finanzen/banken-versicherungen/versicherer/versicherer-hannover-rueck-steigert-gewinn-und-haelt-jahresziel/100245193.html

Germany has approved an early retirement pension for all children born in 2020 or later. Parents can either have the money deposited into an account they open themselves, or the Bundesbank will invest it directly in the stock market on the children’s behalf. Parents and grandparents can contribute additional funds to the 10 euros per month.

https://www.tagesschau.de/inland/innenpolitik/kabinettsbeschluss-fruehstartrente-100.html

Thursday:

Record revenue for car rental company $SIX2 (+1,92 %) Sixt in the first half of the year. Overall, revenue increased by 9% to 2.1 billion euros. Profit rose by more than 28% to 84.5 million euros.

https://www.welt.de/newsticker/dpa_nt/infoline_nt/wirtschaft_nt/article6a7d56bea87e8142c31ce6f0/sixt-erzielt-im-ersten-halbjahr-rekordumsatz.html

Friday:

One day after the quarterly results and the confirmed forecast, $EKT (-2,33 %) Energiekontor revised its forecast because wind farms in Scotland will be connected to the grid later than expected. This is, of course, a major misstep in capital market communication. The information from Scotland must have come in yesterday; otherwise, it’s also legally questionable.

https://www.finanzen.net/nachricht/aktien/kurswechsel-energiekontor-aktie-stuerzt-ab-gewinnziel-fuer-2026-drastisch-gesenkt-15874042

Hi :)

I'm thinking about adding Sixt to my portfolio, but after doing some thorough research, I just can't decide which stock to buy.

The preferred stock $SIX3 (+0,84 %) or the common stock $SIX2 (+1,92 %) ....!?

I’ve read that the voting common stock doesn’t really offer any benefits, since the Sixt family holds over 50% anyway.

Plus, their stock price performance has been very different in the past.

The dividends are great for both, though!

I’d really appreciate your opinion.

Best regards, Alois

Today, $SIX2 (+1,92 %) has been added to my portfolio.

Normally, this company doesn’t fit into my portfolio at all, since I’ve decided to focus solely on ETFs, high-quality large- and mega-cap stocks, and a few satellite holdings to expand, such as gold and @Epi certificates.

But after reading about the shareholder benefit/discount several times, I ended up adding 25 shares to my portfolio because I wanted to rent a car for a vacation. I was able to activate the discount extremely quickly and easily with a receipt and a simple email to customer service.

The rental fee of about €80 for the vehicle will then be paid out to me next year almost exactly as a gross dividend. Hopefully, there will also be a few capital gains on top of that.

Do you hold shares in companies that offer similar benefits, such as $UHR (-0,82 %)
$SIX2 (+1,92 %) ? What have been your experiences in this regard?

$SIX2 (+1,92 %) starts 2026 with a significantly better result:

Earnings before taxes turn around to 2.1 million euros in the first quarter, after an increase of 19.7 million euros compared to Q1 2025.

* Sales increase to 928.9 million euros, up 12.6% on Q1 2025 after adjusting for currency effects

* Corp. EBITDA climbs to EUR 67.7 million, an increase of 40.2%.

* Average fleet size (excluding franchise) grows to 182,900 vehicles, an increase of 8.4% with a constant premium share of around 58%.

* Outlook confirmed: revenue of EUR 4.45 to 4.60 billion in 2026 with EBT return in the region of 10 percent

Equity of 2.2 billion euros with an equity ratio of around 30 percent.

Have $SIX2 (+1,92 %) pretty perfect in the dip already bought. Do you think I should buy more? The dividend is of course not uninteresting for the share.

Hello everyone,

here is my review for March. Even really early this time.

📈 Performance:

S&P500: -3.9%

MSCI World: -4.8%

DAX: -10.3%

Dividend portfolio: -5.9%

My high and low performers in March were (top/flop 3):

🟢 ($PETR4 (+0,91 %) ) Petroleo Brasileiro +19.38%

🟢 ($ADM (+0,91 %) ) Archer Daniels +10.98%

🟢 ($GAIN (-1,9 %) ) Gladstone Invest +4.08%

🔴 ($CTAS (+0,38 %) ) Cintas -13.88%

🔴 ($MC (+0,14 %) ) LVMH -14.49%%

🔴 ($ULVR (-0,49 %) ) Unilever -18.70%

Dividends:

March 2026: €178.82

March 2025: € 182.98

Change: -2.27%

This change is partly due to the fact that the USD exchange rate is still worse than last year. In addition, Imperial Brands also paid a significantly higher dividend last year (I think it was a special dividend). Otherwise, Unilever only pays in April and STAG has also switched to quarterly distributions, so that nothing was paid in March either.

Sales:

🟥 None

Purchases:

🟩 SIXT ($SIX2 (+1,92 %) )

🟩 Ferrari ($RACE (-1,75 %) )

Savings plans:

($CTAS (+0,38 %) ) Cintas (50€)

($MC (+0,14 %) ) LVMH (50€)

($MSFT (+0,53 %) ) Microsoft (25€)

The sale of Lockheed Martin in February was fairly neutral from a purely price perspective. Lockheed has neither risen nor fallen significantly. So far, I have no regrets about the sale (although the dividend for March is now missing, of course).

What else has happened?

March was pretty up and down. In terms of performance, this was one of the worst months ever for me. The only worse month for me was September 2022 with -6.3%.

The nest egg continues to grow and, as I said, it will be fully built up in April. But I may have to work on it again. At the moment, I'm thinking about a photovoltaic system. With an almost new build, heat pump, hybrid and purely electric car, the advantages are obvious. The roof is south-facing. So I would benefit fully. The only question is how to finance it. Do I need the money that is earmarked for the loan repayment in 5 years? 100% financing from the bank? At the moment I've sent out a few requests for quotations.

My Payback points were stolen in February. 12995 points were used for a payment at DM. Well, I just hadn't activated the 2FA. Stupid myself. I wrote about it in last month's report. In fact, the Payback points were credited back to me by DM at the beginning of March. I don't know whether this was a scam or whether Payback did something because of my call. I only saw it by chance and of course had everything paid out directly to my account. Lesson learned - I will rebook more often in future.

🥅 Goals for 2026:

I'm trying to reach €85,000 in my dividend portfolio this year. This is to be achieved through dividends, deposits and, of course, share price increases. Let's see how things look at the end of the year, as the first quarter was rather sluggish. I'll have to make up for that over the course of the year.

Anyone who liked the report and would like to read more is welcome to follow me,

If you're not interested, you can keep scrolling or use the block function.

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/Nw_lSUZ6c3k?is=_jOa3og8ETC0XwbE

Tuesday:

So far, inflation has been moving in a good direction. According to estimates, inflation in the eurozone was still at 1.9% in February. It will be interesting to see what effect the higher oil prices will have.

https://global.morningstar.com/de/wirtschaft/inflation-der-eurozone-steigt-erneut-wird-die-ezb-zinssenkungen-verschieben

Wednesday:

At $SIX2 (+1,92 %) Sixt's business figures are convincing. Profit increases by 17% to 286 million euros. Turnover increased by 7% to 4.3 billion euros. Growth came primarily from the USA and Europe (excluding Germany). Sixt is critical of an electric quota for the rental car fleet, as there is a lack of suitable infrastructure in many parts of Europe.

https://www.kurier.de/inhalt.autovermieter-wachstum-in-europa-und-usa-bringt-sixt-rekordumsatz.7349b69e-a441-4382-8b6c-b0e88acb103c.html

Monday: 8:00 Industrial production (DE)

Wednesday: 13:30 Inflation data (USA)

Thursday: 13:30 Unemployment claims (USA)

#landtagswahl
#inflation
#arbeitslosenquote
#usa
#deutschland

Can you think of any other dates?

• Group sales adjusted for currency effects increased by 8.7% (nominal +7.0%) to EUR 4.28 billion (previous year: EUR 4.00 billion)
• Earnings before taxes (EBT): 400.5 million euros (+19.5%; previous year: 335.2 million euros)
• Consolidated net profit: 285.8 million euros (+17.2%; previous year: 243.9 million euros)
• The EBT margin improved to 9.4% (previous year: 8.4%)
• Equity: EUR 2.15 billion (EUR +22 million after dividend payment; adjusted for currency translation effects: EUR +161 million)
• Earnings per ordinary share: 6.08 euros (previous year: 5.19 euros)
• High payout ratio of 53% of consolidated net income: Executive Board proposes dividend of EUR 3.20 per ordinary share / EUR 3.22 per preference share (+18.5%; previous year: EUR 2.70 / EUR 2.72)

🚗💨 🚗💨 🚗💨

https://de.marketscreener.com/boerse-nachrichten/sixt-erzielt-rekordjahr-2025-umsatz-waehrungsbereinigt-um-rund-9-auf-4-3-mrd-euro-gesteigert-a--ce7e5cd3da8ff720

$SIX3 (+0,84 %)

$SIX2 (+1,92 %)