FY 2022 Results in Detail slide image

FY 2022 Results in Detail

OPPORTUNITIES O January Eurozone Composite PMI: 1st month of expansion since June 2022; further increase in February O Consumer confidence indicators rebounding strongly, too о Improved pricing environment vs. pre-Corona O Revenge travel reloaded: Excellent summer signals from travel industry о Access to vehicles continuously improving O Volume discipline: rental industry expected to rejuvenate fleet о Ample financial headroom and resilience Return to pre-pandemic non-risk ratio Growth financing secured: Biggest borrower's note loans transaction in Sixt's history with a volume of EUR 450 m was comfortably oversubscribed о O Rising refinancing costs and risk of fiscal overtightening Slower than expected disinflationary trend as labour markets stay tight Increased car supply could impair residual values and create a cap on rental pricing catch-up High geopolitical uncertainties; no return to unlimited supply of resources Risk of stricter COVID measures in case of new virus variant(s) Availability of (green) electricity SIXT CHALLENGES
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