Car rental company – Sixt is recovering – economy

Car rental company Sixt is banking on continuously higher car rental prices and growing demand due to Corona easing. “The global travel market is at a crossroads after a year and a half of the pandemic,” said co-boss Konstantin Sixt. The company is seeing a boost from the train conductor strike: demand has been increasing since the announcement. “Mr. Weselsky is our Employee of the Month again,” Sixt said. In the last quarter, the company generated pre-tax profit of nearly 78 million euros, following a loss of 117.7 million euros in 2020. At nearly 500 million euros, sales were lower about one-fifth at the pre-crisis level.

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