Sixt recorded €1.3 billion in third-quarter revenue, an increase of 6.6 percent year over year, the company reported Thursday.
The company, however, cited a "challenging macroeconomic environment," particularly in the United States, and noted that with a stable exchange rate compared with Q3 2024, revenue growth would have been 8.2 percent year over year.
"Our success is based on targeted investments in product, technology, marketing, sales, our branch network and thus in our entire customer experience," Sixt CFO Franz Weinberger said in a statement. "Additionally, we have further optimized our fleet utilization."
The company reported third-quarter profit of €181.5 million compared with €179.5 million a year prior. Third-quarter fleet size was 223,000 vehicles, an increase of 8.2 percent year over year.
The Europe segment, excluding Germany, reported revenue of €600.3 million, a 12.9 percent increase year over year. North America reported €386.9 million in revenue compared with €379.3 million a year prior. Revenue in Germany was €334.6 million, up 1.6 percent versus Q3 2024.
Sixt projects full-year 2025 revenue of about €4.25 billion, a 6 percent increase year over year.
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