Sixt SE 2020 AR2
The report details Sixt SE's financial and operational performance for the fiscal year 2020, which was heavily impacted by the COVID-19 pandemic. To navigate the crisis, the company implemented extensive cost-saving measures, reducing its rental fleet by 25% and cutting personnel and material costs by EUR 344 million. Strategically, Sixt expanded its product range by launching the SIXT+ car subscription service in Germany and seven other countries, and acquired ten key airport locations in the USA. The report also includes a summarized non-financial declaration highlighting the company's sustainability initiatives, such as reducing the average CO2 emissions of its European fleet to 129 g/km and increasing the share of electric vehicles in its carsharing fleet.
Company: Sixt SE
Sector: Business support services
Country: Germany
Year: 2020
Type: AR2
Pages: 148
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Sixt SE
Annual Report
The report details Sixt SE's financial and operational performance for the fiscal year 2020, which was heavily impacted by the COVID-19 pandemic. To navigate the crisis, the company implemented extensive cost-saving measures, reducing its rental fleet by 25% and cutting personnel and material costs by EUR 344 million. Strategically, Sixt expanded its product range by launching the SIXT+ car subscription service in Germany and seven other countries, and acquired ten key airport locations in the USA. The report also includes a summarized non-financial declaration highlighting the company's sustainability initiatives, such as reducing the average CO2 emissions of its European fleet to 129 g/km and increasing the share of electric vehicles in its carsharing fleet.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees