The Sixt managing board expects consolidated operating revenues to be between €2.0 billion and €2.2 billion (previously predicted between €1.95 billion and €2.10 billion). Despite the ongoing pandemic, the company’s mobility services have developed better than expected.
Through the partnership, registered Sixt customers can access the Dezerved marketplace platform for free and receive access to content, insights, and offers with a range of luxury brands.
The news of the collaboration to trial autonomous ride-hailing services in Munich in 2022 came at the IAA conference.
Sixt is now the preferred partner for car rentals for customers of Small Luxury Hotels of the World (SLH).
Though overall revenues for the quarter were underwater by about 20% compared to the same period in 2019, Sixt posted a 6.3% earnings increase. While Sixt issued full-year forecast, it cautioned that uncertainty remains especially for the fourth quarter.
Sixt issued a forecast for the full year for the first time since the outbreak of the pandemic, but the forecast was conditioned on assumptions that the COVID-19 pandemic stays in check, that price levels remain high, and that vehicle supply shortages won’t worsen.
The on-going integration of Sixt ride also enables on-demand taxi services across Germany and in selected cities in France, such as Paris and Marseille, to provide even greater flexibility for travelers.
The company also plans a significant expansion of locations in Europe and the U.S., including smartphone-enabled virtual locations and its van and truck segment to meet e-commerce demand.
Sixt SE managed -$16.6 million in earnings before taxes in the first quarter of 2021, with business improving sequentially. U.S. is a bright spot while Europe continues to be affected by the lockdown.
As of June 1, the supervisory board is appointing Kai Andrejewski, 53, to the management board of Sixt SE to serve as the new chief financial officer.
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