This represents an increase of 13% when compared to revenue of $3.1 million in the fourth quarter of 2018.
Following this Q1 start, the managing board of Sixt confirms its outlook for the entire fiscal year of 2019 and plans investments of around 8 billion euros ($9 billion).
Total U.S. rental car revenues increased 7%, compared to the first quarter of 2018.
In the first quarter of 2018, Hertz Global Holdings reported total revenues of $2.1 billion and decreased net loss by 9% based on an increase in transaction days, a decrease in per-unit depreciation expense, and an increase in pricing excluding ride-hailing rentals.
Certify's quarterly SpendSmart report shows an increase in ride-hailing use among business travelers, although car rentals and taxis are still holding their ground in certain markets.
Hertz Global Holdings Inc. has announced that it expects to issue a press release and hold a conference call detailing the company's 2014 first quarter earnings results on or before June 9.
For the first quarter 2014, German-based Sixt SE’s revenue and earnings were both up compared to last year’s figures. Rental revenue climbed 9.5% — from EUR 210.1 million in Q1 2013 to EUR 230.1 million.
Avis Budget Group Inc. has reported its first quarter 2014 revenue of $1.9 billion, a 10% increase compared to first quarter in 2013. This is primarily due to a 6% increase in rental days and the acquisitions of Payless and Zipcar.
Hertz Global Holdings Inc. has announced that it has postponed its planned conference call to discuss its 2014 first quarter earnings results.
Hertz Global Holdings Inc. will discuss its financial results from first quarter 2014 during a conference call next Wednesday May 7 at 10:00 a.m. EST.
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