In my opinion, Sixt is currently a perfect investment that will bear fruit in the long term, but as a German mid-cap it is currently still flying under the radar of major American investors.

Around a third of the European population lives in large cities. Urban mobility is changing in such a way that many city dwellers no longer own a car, but do not want to do without the advantages of a car in some situations, despite cycling and public transport.

You can see it every day on the streets - at least here in Munich: there is a MILES, ShareNow or Sixt Share vehicle on every corner. In recent months, Sixt has significantly increased its fleet and you now see almost more SIXTs than MILES. At the latest since Sixt cars can no longer be booked via the Miles app (and vice versa), there is now real competition and SIXT has the much better cards.

As a start-up, MILES is dependent on investor funds and, unlike a car rental company with decades of tradition and large cash reserves, has significantly worse conditions when purchasing vehicles, no well-established maintenance processes, no experience on the used car market and significantly less willingness to take risks.

In addition, Sixt can deploy its fleet much more flexibly. Depending on the situation, cars from Car-Sharing can also be quickly transferred to the classic rental business or to business customers, as Sixt is only developing Car-Sharing as a new line of business, while the existing business has long been tried and tested and runs like Swiss clockwork.

The fact that a large proportion of the shares are family-owned and that this family has often made forward-looking, intelligent decisions in recent decades also speaks in the company's favor. Innovations have not been overlooked. The spirit of the times was recognized early on: for example, Sixt tapped into the Internet back in the 90s.

One last, subjective point, which comes from the customer's point of view and should therefore not be underestimated: SIXT in Munich is currently cheaper than MILES (billing per minute vs. per kilometer), provided you are not stuck in a traffic jam. However, Sixt cars are usually in much better condition. A reversing camera is actually included in all of them. MILES is too stingy for such (comparatively inexpensive) special equipment; I have never experienced reversing cameras in the S and M segments. It seems to be just a small detail, but for me personally it makes parking a lot easier, and if I have to pay more for not having it, why should I? Competitor FreeNow, on the other hand, only offers Stellantis cars, so also operates far from what you could call premium. So Sixt has the better prices in spite of premium cars - and probably also has the better margins.

In a nutshell: In the long term, I see only one winner in car sharing in Germany, and that winner is Sixt. The car sharing market as a whole is likely to grow strongly in the coming years, even outside Germany. Sixt has long been active in all European countries with its classic car rental business, so it will be much easier for Sixt to expand car sharing than Miles; after all, the entire infrastructure for fleet maintenance, the development of local laws, etc. does not have to be built from scratch.

And even if the car-sharing bet should not work out for some reason: Sixt has an extremely solid foundation both in the B2B fleet business and as a traditional car rental company.

According to Warren Buffet, you should only invest in a business that you understand. And if I use a product myself regularly and am happy with it, and if it is a fairly new product that can appeal to significantly more people than before over the years, then I see it as a real gem, especially when it is still valued so low.

This is not an investment for short-term speculation, but I am firmly convinced that Sixt will provide a lot of pleasure in the coming years.

Do you think I'm looking at this all too much through rose-colored glasses, or do you agree with my assessment?

$SIX2 (+1,25 %)
$SIX3 (+0,83 %)

Stellantis, because it's mentioned in the text: $STLAM (+0,27 %)

$SIX2 (+1,25 %)

Can anyone tell me where I can find the Sixt preference shares in Getquin?

Unfortunately nothing found in a direct search

Thanks a lot!

$SIX2 (+1,25 %)

The car rental company Sixt continues to record good demand.

Revenue rose by ten percent to EUR 858.1 million in the first quarter, as the company announced in Pullach on Tuesday.

The company recorded robust growth in Europe and the USA. Analysts had expected lower growth.

At the same time, Sixt was able to reduce its losses. Earnings before taxes improved by 36 percent to minus EUR 17.6 million, while the net loss amounted to EUR 12.6 million after a loss of a good EUR 23 million in the previous year.

The company also benefited from a tight fleet: the fleet only grew by just under four percent. The company confirmed its forecast for the current year. "Against the backdrop of continuing macroeconomic uncertainties, we are planning for the decisive summer business with an even tighter fleet," commented CFO Franz Weinberger.

The company achieved record sales of EUR 858.1 million, which corresponds to an increase of 12.3% compared to the same quarter of the previous year.

EBITDA amounted to EUR 217.8 million, also a record figure for a first quarter. However, Sixt recorded earnings before taxes (EBT) of EUR -17.6 million, which is attributable to market-related factors.

Despite the quarterly loss, Sixt confirms its forecast for the financial year 2025.

The company continues to expect revenue growth of 5% to 10%, supported by strong demand in the summer business.

Salut@all vlt. can someone shed some light on it, I'm thinking of joining Sixt. What speaks for what against it. $SIX2 (+1,25 %)

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

Also as a video:

https://youtube.com/shorts/yU_UfNQy7OQ?feature=shared

Sunday:

Another crypto theft occurred, this time probably the biggest ever. 1.5 billion dollars were stolen from the crypto exchange Bybit. Although the blockchain is considered secure, access to the individual wallets in which the cryptos are stored is not. As a result, there was a 'bank run' on the exchange as investors lost confidence and withdrew their money.

https://www.handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/krypto-milliarden-diebstahl-schockt-krypto-markt/100109251.html

Monday:

No tailwind for the new federal government in Germany, the ifo business climate index is stagnating. The economy therefore remains a major construction site and urgent action is needed.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-ifo-geschaeftsklima-stagniert-deutsche-wirtschaft-wartet-ab/100109446.html

Tuesday:

Fuel cell specialist$F3C (-0,11 %) FC Energy is also forecasting double-digit growth for 2025. In 2024, the company achieved the upper end of the forecast for sales growth (+22.5%). Adjusted EBITDA grew to 22 million euros, exceeding the forecast.

https://www.finanzen.net/nachricht/aktien/auf-wachstumskurs-sfc-energy-aktie-sfc-energy-rechnet-mit-anhaltendem-wachstum-14267631

Wednesday:

Deutsche Telekom $DTE (+0,26 %) Deutsche Telekom is on a record course but falls short of the expectations of some analysts. Sales rose by 3.4 % to 115.77 billion euros, the dividend is to rise to 90 cents per share. The development of the US subsidiary remains decisive for Deutsche Telekom.

https://www.handelsblatt.com/technik/it-internet/deutsche-telekom-setzt-nach-rekordjahr-2024-auf-weiteres-wachstum/100108104.html

e.on $EOAN (+2,51 %) is convincing in terms of figures, even if the results here were slightly below the previous year's figures. EBITDA is expected to increase by 6-9% in 2025. The CEO of e.on expects the new German government to finally implement an efficient energy transition instead of adhering to expansion targets at all costs. The dividend is to rise to 55 cents per share.

https://www.waz.de/wirtschaft/article408409404/stromriese-eon-verdient-trotz-rezession-erneut-milliarden.html

Thursday:

$SIX2 (+1,25 %) Sixt, the car rental company, presents record sales figures. Turnover increased by 10.5% to 4 billion euros. The US business in particular is doing well. Profits fall slightly due to falling used car prices. The dividend is to rise to 2.70 per share. Sales growth of 5 - 10 % is also planned for the coming year.

https://www.boerse.de/nachrichten/EQS-News-SIXT-durchbricht-erstmals-die-Vier-Milliarden-Umsatzmarke-Drittes-Rekordjahr-in-Folge/37085370

Also $KGX (+3,43 %) Kion is planning to increase its dividend from 0.70 to 0.82 euros per share. Turnover is expected to stagnate in 2025 and amount to 10.9 - 11.7 billion euros. In 2024 it was 11.5 billion euros.

https://www.finanzen.net/nachricht/aktien/ausblick-vorsichtig-kion-aktie-mit-aufschlaegen-hoehere-dividende-nach-gewinnzuwachs-geplant-14275807

GDP growth in the USA falls to a growth rate of 2.3% in the 4th quarter. However, this is in line with expectations. Germany is a long way from 2.3 % growth. The country is in the longest recession phase in post-war history.

https://finance.yahoo.com/news/gdp-us-economy-grows-at-23-annualized-pace-in-fourth-quarter-matching-estimates-133216310.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEDHZnuC0vgU8t8P7RBXsPEgAWKgMPnwT-Drlsk8DdbuQHCNMXQ7A1RS54QADRKn60ZxSDZoUa_q_5Xoub7zQSzmycOPUkgkOlopnSzTIeKez9crAfvPN2tBrlZUdmJEpy_cgFrV-geZT0BuG_Rqr5_OMyPnvoiPClm6tDcy3OZ8

Friday:

The world's largest insurance group posts a bottom-line profit of 10 billion euros, up 10% on the previous year. Allianz $ALV (+2 %) Allianz once again exceeds analysts' expectations and the dividend rises to €15.40 per share. At the same time, Allianz has been cutting back on life insurance benefits for years.

https://www.handelsblatt.com/finanzen/banken-versicherungen/versicherer/versicherer-allianz-erzielt-rekordgewinn-und-zahlt-mehr-dividende/100108025.html

Due to rising food prices, inflation in Germany remains at 2.3%. Next week there will be further inflation data from the EU, as well as a possible key interest rate cut by the ECB.

https://www.welt.de/wirtschaft/article255568962/Inflation-liegt-im-Februar-bei-2-3-Prozent-Nahrung-und-Dienstleistungen-werden-teurer.html

These are the most important dates for the coming week:

Monday: 11:00 Inflation data (EU)

Wednesday: 16:00 ISM data (USA)

Thursday: 14:15 Interest rate decision (EU)

Can you think of any other dates? Write it in the comments 👇

#inflation
#usa
#ezb
#zinsentscheid

$SIX2 (+1,25 %)

After a difficult previous year, car rental company Sixt is aiming for significant profit improvements in 2025.

Pre-tax earnings are expected to account for around ten percent of revenue, which is expected to grow by five to ten percent, as the Pullach-based company announced on Thursday.

On average, analysts had expected revenue growth in the lower half of this range, but had also hoped for a little more in terms of profitability.

Analyst Constantin Hesse from the investment bank Jefferies spoke of a solid fourth quarter for the car rental company.

However, pre-tax earnings fell slightly short of expectations.

The targets for 2025 are in line with expectations. Due to the below-average share price performance to date, he saw room for upside for the share.

For Baader Bank expert Christian Obst, Sixt has set itself somewhat higher growth targets for the new year than expected.

Discounts for car rental companies are likely to increase over the course of the year.

Losses on residual car values, on the other hand, should subside over the course of the year, and IT and personnel costs should also develop more favorably.

In general, Sixt is usually cautious in its forecasts.

Last year, Sixt increased its turnover by 10.5 percent to EUR 4.0 billion.

Sixt is expanding its business in the relatively new US market in particular.

In contrast, Sixt's pre-tax profit fell by 27.8 percent to EUR 335 million.

The pre-tax margin thus amounted to 8.4 percent.

The management intends to reduce the dividend per ordinary share to EUR 2.70 after EUR 3.90 a year earlier due to the decline in profits.

The decline in profits was mainly due to falling used car prices, which is why Sixt had to sell many cars after their useful life at unexpectedly low prices. Among other things, losses on electric cars weighed on the balance sheet.

The management is trying to reduce the residual value risk and has already achieved significant success in Europe.

In Sixt's growing US market, however, it is traditionally more common for the car rental company to also bear the value risk of the cars for the duration of their use.

Various analyst firms rate the share at between €100 and €135, which still leaves a lot of room for upside.

I myself am up around 30% and see further growth. Especially in the USA 👆🏼

It's a shame that the dividend is being cut, but I think it's a step in the right direction.

A few days before the Bundestag elections, Wall Street has discovered its special love for Europe and German second-line stocks. The small cap index MDaxwhich is usually overshadowed by the Dax, is suddenly enjoying a level of attention not seen for years. Several major Wall Street addresses have published analyses of the index of medium-sized companies almost simultaneously.

The MDax is considered to be one of the most undervalued indices in the Old World and this is precisely what makes it particularly attractive from Wall Street's perspective. The Bundestag elections are fueling this bet: if Germany manages to turn the economy around afterwards, the MDax could benefit disproportionately.

Around a third of the MDax companies' business is attributable to the domestic market. Accordingly, the local misery has weighed much more heavily on the index. By contrast, the index has not yet priced in the economic policy stimuli that could arise after the election.

Possible beneficiaries are (examples):

Through lower energy costs:

$WCH (+0,58 %) | $LXS (-1,67 %) | $GBF (+1,84 %)

Improved consumer sentiment:

$CTS (+0 %) | $BOSS (+0,21 %) | $SIX2 (+1,25 %)

Suitable funds could be

$EXID (+1,17 %) | $MD4X (+0,99 %)

Source (excerpts) & graphic:

WELT editorial team "Alles auf Aktien"

Hello everyone,

My current portfolio was completely reorganized after the takeover of $COP (-1,4 %) at the end/beginning of the year. I have reinvested almost all of the liquidity freed up as a result in small-mid caps. I also see further potential here in the coming years due to more flexible adaptability (with regard to the USA) and financing costs. At the beginning of the year $SESG (+6,92 %)
$NA9 (-0,66 %)
$TNIE (-1,74 %)
$KTN (+1,59 %)
$ALCRB (-0,9 %)
$DSFIR (-1,01 %) made it into my portfolio. Today, I swapped the pipe burner $P911 (+0,5 %) in $MUM (-1,29 %) . My next idea would be $SIX2 (+1,25 %) I would like to hear what else you have on your watchlist in this segment.

Greetings

Micha

Apple business grows despite decline in iPhone + Intel misses expectations with sales forecast + Labor market data for DE/USA + Sixt AG retrospectively on yesterday's Drop&Rebound

Apple $AAPL (+2,59 %)grows despite iPhone decline

• Apple has closed the important Christmas quarter with an increase in sales despite a decline in the iPhone business.
• Growth in Mac computers, iPads and the services business more than compensated for the iPhone decline.
• On balance, Apple increased its quarterly profit by seven percent to 36.3 billion dollars (34.8 billion euros), as the company announced on Thursday after the close of the US stock exchange.
• iPhone sales fell from 69.7 billion dollars in the same quarter last year to 69.14 billion dollars.
• Analysts had expected an average of around 71 billion dollars.
• Apple is placing a special focus on artificial intelligence in the new iPhone generation presented in the fall.
• However, the new functions will only be introduced gradually.
• In Europe, many of them will not reach users until April.
• The Mac business, on the other hand, performed significantly better than Wall Street had expected.
• Turnover rose from 7.8 to 8.99 billion US dollars.
• Analysts had expected just under eight billion dollars.
• There was also a significant increase in iPad sales from seven to a good eight billion dollars.
• The service business with revenues from the App Store and Apple's subscription offers, among others, grew from 23.1 billion dollars a year ago to 26.34 billion dollars.
• Overall, Group sales increased by four percent to a record 124.3 billion dollars.
• Apple shares traded slightly down at times in US after-hours trading.
• In addition to the decline in iPhone sales, this could also have been triggered by the slowdown in business in the China region.
• Turnover there fell by eleven percent to 18.5 billion dollars and fell short of analysts' expectations.
• Apple is facing more competition from Chinese smartphone providers in this huge market.

Intel $INTC (-1,71 %)misses expectations with sales forecast

• The struggling semiconductor giant Intel is preparing the stock market for continued difficult business.
• The sales forecast for the current quarter fell short of analysts' expectations.
• Intel is still looking for a new boss after the departure of long-time CEO Pat Gelsinger in December.
• For the current quarter, Intel forecast revenues of between 11.7 and 12.7 billion dollars on Thursday after the close of the US stock exchange.
• Analysts had expected an average of around 12.9 billion dollars.
• In the previous quarter, sales fell by seven percent to 14.3 billion dollars.
• However, Intel hit the upper end of its own forecast and beat analysts' expectations.
• The share price rose by a good two percent in US after-hours trading.
• On the bottom line, Intel posted a loss of 126 million dollars in the last quarter after a profit of 2.67 billion dollars a year earlier.
• Intel once dominated the semiconductor market, but has been struggling with problems for years.
• Graphics card specialist Nvidia has conquered a leading position, particularly in the business with chips for artificial intelligence.
• Intel is also under greater pressure in its traditional business with PC processors and chips for data centers.

Investor places Sixt shares $SIX2 (+1,25 %)for around 50 million euros

• A major investor sells 600,000 Sixt shares worth almost EUR 50 million.
• The placement thus comprises almost two percent of Sixt's ordinary shares.
• A major investor is placing Sixt shares worth almost EUR 50 million on the market.
• Deutsche Bank, which was entrusted with the placement, announced on Thursday evening that an institutional investor is offering a good 600,000 Sixt ordinary shares, which are to be placed with other investors overnight.
• The name of the seller was not disclosed.
• At Thursday's Xetra closing price, the Sixt share package is worth EUR 49 million, but the shares are normally sold at a discount.
• The placement comprises just under two percent of Sixt's ordinary shares, which are majority-owned by the Sixt family.

Friday: Stock market dates, economic data, quarterly figures

Stock exchange holiday China and Hong Kong

• ex-dividend of individual stocks
• Texas Instruments USD 1.36

• Quarterly figures / company dates USA / Asia
• 02:00 Samsung Electronics full year results
• 12:30 Exxon Mobil quarterly figures
• 12:45 Chevron quarterly figures
• 13:45 Abbvie quarterly figures
• 14:30 Colgate-Palmolive quarterly figures

• Quarterly figures / Company dates Europe
• 07:00 Novartis annual results
• 07:30 Atoss Software preliminary annual results
• 10:00 Thyssenkrupp AGM

• economic data

08:00 DE: Retail sales December and year 2024 seasonally adjusted real FORECAST: +0.6% yoy previous: -0.1% yoy

08:45 FR: Consumer prices (preliminary) January PROGNOSE: 0.0% yoy/+1.5% yoy previously: +0.2% yoy/+1.3% yoy HICP PROGNOSE: 0.0% yoy/+1.9% yoy previously: +0.2% yoy/+1.8% yoy

09:55 DE: Labor market data January seasonally adjusted unemployment rate FORECAST: +15,000 yoy previous: +10,000 yoy Unemployment rate seasonally adjusted FORECAST: 6.2% previous: 6.1%

14:00 DE: Consumer prices (preliminary) January PROGNOSE: +0.2% yoy/+2.7% yoy previous: +0.5% yoy/+2.6% yoy HICP PROGNOSE: -0.1% yoy/+2.9% yoy previous: +0.7% yoy/+2.8% yoy

14:30 US: Labor Cost Index 4Q FORECAST: +0.9% yoy Q3: +0.8% yoy yoy

14:30 US: Personal Spending and Income December Spending / Income PROGNOSE: +0.6% yoy/+0.4% yoy previous: +0.4% yoy/+0.3% yoy PCE Price Index / Total Rate PROGNOSE: +0.3% yoy/+2.6% yoy previous: +0.1% yoy/+2.4% yoy PCE price index / core rate PROGNOSE: +0.2% yoy/+2.8% yoy PREVIOUS: +0.1% yoy/+2.8% yoy

15:45 US: Chicago Purchasing Managers Index January FORECAST: 41.0 previous: 36.9

$SIX2 (+1,25 %)

A major investor is placing Sixt shares worth almost EUR 50 million on the market.

Deutsche Bank, which was entrusted with the placement, announced on Thursday evening that an institutional investor is offering a good 600,000 Sixt ordinary shares, which are to be placed with other investors overnight. The name of the seller was not disclosed. At Thursday's Xetra closing price, the Sixt share package is worth EUR 49 million, but the shares are normally sold at a discount. The placement comprises just under two percent of Sixt's ordinary shares, which are majority-owned by the Sixt family.