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Sixt:Quarterly Results/2025 Q2: Difference between revisions
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* '''Pricing was still challenged in Q2 2025 but they are seeing improvements in the third quarter'''. "While the challenged second quarter trends continued through July, our U.S. forward bookings for August through the fourth quarter are quickly narrowing the gap to last year's RPD trends," CCO Sandeep Dube said. "We expected when we met in Q1 during the earnings call, we had expected pricing to improve through summer. That element has just been delayed. But then now we see progression, narrowing of the gap on a year-over-year basis on that front." | * '''Pricing was still challenged in Q2 2025 but they are seeing improvements in the third quarter'''. "While the challenged second quarter trends continued through July, our U.S. forward bookings for August through the fourth quarter are quickly narrowing the gap to last year's RPD trends," CCO Sandeep Dube said. "We expected when we met in Q1 during the earnings call, we had expected pricing to improve through summer. That element has just been delayed. But then now we see progression, narrowing of the gap on a year-over-year basis on that front." | ||
==== Depreciation ==== | ==== Depreciation per unit was below the target ==== | ||
* They achieved best depreciation per unit in years (DPU). "On a gross basis, DPU was around $280. Net gains on sale represented about $30 per unit per month driven by strong residual values achieved through our optimized disposition channels and our continued disposal of older vehicles," Dube said. | * They achieved best depreciation per unit in years (DPU). "On a gross basis, DPU was around $280. Net gains on sale represented about $30 per unit per month driven by strong residual values achieved through our optimized disposition channels and our continued disposal of older vehicles," Dube said. | ||