Sixt (SIX2) Q2 2025 earnings summary

Executive summary

• Achieved record Q2 revenue of EUR 1.08 billion, up 7.4% year-over-year, and H1 revenue of EUR 1.94 billion, up 8.5%, driven by strong demand and fleet expansion, especially in Europe.

• EBT for Q2 increased 71% to EUR 107.3 million; H1 EBT reached EUR 89.8 million, up 153.6% from H1 2024.

• Corporate EBITDA for H1 was EUR 220.2 million, a 51.4% increase year-over-year; Q2 EBITDA was EUR 384.2 million.

• Net profit for H1 was EUR 65.9 million, with EPS (basic) at EUR 1.40, compared to EUR 0.54 in H1 2024.

• Expanded branch network to 2,137 locations globally, with notable growth in North America and Europe.

Financial highlights

• H1 revenue: EUR 1.94 billion (+8.5% year-over-year); Q2 revenue: EUR 1.08 billion (+7.4%).

• EBITDA reached EUR 384.2 million in Q2, up from EUR 353.1 million in Q2 2024.

• EBT rose to EUR 107.3 million in Q2, a 70.8% increase from Q2 2024.

• H1 EBT margin: 4.6% (H1 2024: 2.0%); Q2 EBT margin: 9.9% (Q2 2024: 6.2%).

• Dividend of EUR 2.70 per ordinary share and EUR 2.72 per preference share paid in June 2025.

Outlook and guidance

• FY 2025 guidance confirmed: revenue growth of 5–10% over FY 2024 and EBT margin around 10%.

• Confident outlook for summer and H2 2025 despite political and market uncertainties.

• Despite macroeconomic risks, profitability is expected to improve, with global GDP forecasts subdued and mixed signals from tourism and automotive sectors.