Sixt SE ST Stock
€92.45
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Description Sixt
Sixt SE is a publicly listed German car rental company that offers a broad range of mobility services such as car rentals, car sharing, ride-hailing, and leasing. The company was founded in 1912 and has since then expanded to more than 110 countries around the world.
Sixt SE is listed on the Frankfurt Stock Exchange under the ticker symbol SIXG and on the US OTC market under the ticker symbol SIXGF. As of 2021, the company has a market capitalization of approximately €4.4 billion.
The company has experienced steady growth in recent years, with a revenue of €2.49 billion in 2019 and €1.53 billion in the first half of 2020 despite the COVID-19 pandemic. Sixt SE is known for its innovative, customer-centric approach to car rental and mobility services, which has helped it to maintain its position as one of the leading car rental companies in the industry.
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Competitors of Sixt
Sixt is a Germany-based car rental company that trades on the OTC market in the United States under the ticker symbol SIXGF. Its main competitors in the car rental industry include:
1. Enterprise Holdings: This privately-held American company is the largest car rental company in the world, with a fleet of over 2 million vehicles and a presence in over 90 countries.
2. Hertz Global Holdings: Hertz is another large American car rental company that operates in over 160 countries with a fleet of approximately 580,000 vehicles.
3. Avis Budget Group: Avis Budget Group is an American multinational car rental company with a presence in over 180 countries and a fleet of approximately 600,000 vehicles.
4. Europcar Mobility Group: This Paris-based car rental company has a presence in over 140 countries worldwide with a fleet of approximately 350,000 vehicles.
5. Enterprise Rent-A-Car: Enterprise Rent-A-Car is an American car rental company with a strong presence in the United States and a fleet of over 1.9 million vehicles worldwide.
These companies are the main global competitors of Sixt in the highly competitive car rental industry. Other smaller regional competitors can also have an impact on Sixt's revenue and market share.
Suppliers of Sixt
Sixt SE, which is the parent company of Sixt Rent-a-Car, is a publicly-traded company headquartered in Germany (SIXGF is the OTC ticker symbol for the company's American Depositary Receipts). As a service industry company, Sixt leases, rents and sells cars to individuals and businesses. While the company may work with a variety of suppliers, the most important suppliers for Sixt are likely to be automakers and vehicle parts manufacturers.
As a rental car company, Sixt acquires vehicles from major manufacturers such as BMW, Mercedes-Benz, Audi, and Volkswagen Group. To meet its demand for high-quality cars, Sixt probably sources a large portion of its vehicles directly from these automakers or their dealer networks. Other suppliers for the company may include parts manufacturers, car rental software providers, and insurance providers.
Overall, the quality of Sixt's suppliers is crucial to the success of the company as vehicle quality and reliability are important components of its customer satisfaction strategy. The company likely has close relationships with its key suppliers and may have long-term agreements for vehicle supply and maintenance support.
Financial data and news for Sixt
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