Sixt:Quarterly Results/2025 Q2: Difference between revisions

<blockquote>“This one’s different. It’s massive. It affects 4% of our America’s fleet.”</blockquote><blockquote>“We’re not allowed to sell [recalled cars]… it’s some of our highest RPD segments. These are transit vans and minivans.”</blockquote><blockquote>“There’s also no visibility on when this gets resolved… it’s a parts defect… no delivery time for these parts from the OEMs.”</blockquote><blockquote>“It’s a gut punch. There’s no other way to describe it… it’s hitting us in the heart of summer right now.” </blockquote>'''Avis reiterated its guidance for 2025'''<blockquote>“$1 billion is the bare minimum of what we want to do in a normalized year and that's going to continue going forward.”</blockquote><blockquote>“We’re reaffirming our $900 million to $1 billion EBITDA guidance for 2025.”</blockquote><blockquote>“I don't think this is a particularly normal year given what we're having to deal with, with the tariffs and with the recalls.”</blockquote><blockquote>“Everything we do, we are a cash flow machine at this company… whatever partnerships we want to do, that's additive, but we need to be a $1 billion EBITDA business going forward.”</blockquote><blockquote>“The only silver lining with this recall and the tariffs, it's not unique to Avis. The entire industry is affected… I think we're seeing that right now lead to some pricing recalibration.”</blockquote>

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