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Sixt Reports First Quarter 2025 Earnings

Sixt Reports First Quarter 2025 Earnings

Yahoo17-05-2025

Revenue: €862.1m (up 9.8% from 1Q 2024).
Net loss: €12.6m (loss narrowed by 46% from 1Q 2024).
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Transportation industry in Europe.
Performance of the market in Germany.
The company's shares are down 4.2% from a week ago.
You should learn about the 2 warning signs we've spotted with Sixt.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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New Online Casino UK - How Tea Spins is Revolutionising the UK Casino and Slots Scene
New Online Casino UK - How Tea Spins is Revolutionising the UK Casino and Slots Scene

Yahoo

time31 minutes ago

  • Yahoo

New Online Casino UK - How Tea Spins is Revolutionising the UK Casino and Slots Scene

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This week in Trumponomics: The looming import shortage
This week in Trumponomics: The looming import shortage

Yahoo

time40 minutes ago

  • Yahoo

This week in Trumponomics: The looming import shortage

Few people pay attention to import and export data, which are among the weedier metrics of the economy's health. But these wonky numbers are giving some startling insights into the challenges everyday shoppers may be facing in a month or two or three. Imports plummeted in April, falling by 20% from the prior month. That's the biggest decline in data going back to 1992. It's considerably worse than the drop in imports at the onset of the COVID-19 pandemic in 2020. Does anybody remember what shopping was like during COVID? Aside from the masks and sanitizer, there were widespread product shortages followed by soaring inflation. People didn't mind at first, since many were stuck at home without much to do. But inflation got quite irksome after a couple of years, and it sank Joe Biden's presidency, along with Democratic electoral odds in 2024. We're not yet facing COVID-style shortages. But we might be if President Trump's trade war drags on through the fall and summer. Imports plunged in April because that's when Trump started slapping new import taxes on practically every product entering the United States. So far, Trump has raised the average tariff tax on imports from 2.5% to about 18%. Read more: What Trump's tariffs mean for the economy and your wallet Prices haven't shot up yet because many of the American companies that import goods saw this coming and stocked up ahead of the Trump tariffs. Imports jumped by a record amount in January and were elevated for the first quarter as a whole. Swollen inventories have kept supplies ample and prices in check. If April represents the new trend line, however, a sharp drop in imports will inevitably lead to higher prices and some shortages. 'The impact of tariffs will continue to reverse progress on returning inflation to 2%,' Goldman Sachs explained in a recent analysis. 'Our forecast reflects a sharp acceleration in most core goods categories, where tariff-related increases in prices will be most acute in consumer electronics, autos, and apparel.' The firm expects overall inflation to rise from 2.3% now to 3.5% by importers are handling the Trump tariffs in a variety of ways. Some are taking normal delivery of goods and paying the higher taxes. We know that because tariff revenue collected by the government soared in April and May. The higher cost of imports will eventually make its way to consumers via higher prices. Many other importers have canceled or postponed orders, hoping that Trump will make trade deals and future tariffs will be lower than current ones. They're also watching two high-profile cases in which courts have said some of Trump's tariffs are illegal, while leaving them in place until appeals play out. Trump himself controls much of what happens next. He has set a July 9 deadline for dozens of countries to initiate trade concessions, or else a punishing round of 'reciprocal' tariffs will go into effect, on top of those Trump has already imposed. Some business owners hope for greater clarity by then, though the July 9 deadline is arbitrary and Trump could change it. Read more: The latest news and updates on Trump's tariffs Once current inventories are gone, the rest of 2025 could be rocky. 'Our perspective in terms of how this will affect manufacturers and workers is that we'll see a replay of the initial COVID shock,' Jason Judd, executive director of the Global Labor Institute at Cornell University, told Yahoo Finance. 'It may not be as severe, depending on the distribution of the pain. If Trump comes back with a 40% tariff on apparel, that would feel like a COVID-era shock.' Trump, for his part, acts like everything is hunky-dory under his watch. 'America is hot!' he said on social media on June 6. 'Border is secure, prices are down. Wages are up!' That came after the employment report for May showed the economy created a middling 139,000 new jobs. Many economists, however, think America is cooling. The pace of job growth has slowed this year, the economy technically shrank in the first quarter, and the stock market has been flat in 2025. Trump's tariffs already seem to be punishing the manufacturing sector, which lost 8,000 jobs in May and is in a three-month slump. If that's 'hot,' a cold Trump economy is likely to be miserable. Rick Newman is a senior columnist for Yahoo Finance. Follow him on Bluesky and X: @rickjnewman. Click here for political news related to business and money policies that will shape tomorrow's stock prices.

The Ideological Schism Fueling the Trump-Musk Fight
The Ideological Schism Fueling the Trump-Musk Fight

Politico

timean hour ago

  • Politico

The Ideological Schism Fueling the Trump-Musk Fight

Amid the fallout of the messy public feud between Doland Trump and Elon Musk, it is instructive to think back to Dec. 26, 2024. That day marked the start of another intra-GOP skirmish that nearly fractured the elite core of the MAGA coalition. The December brawl — which, like the latest one, unfolded primarily online — pitted two high-profile factions of the Trumpian right against one another over the issue of high-skilled immigration. The nationalist-populist right, led by MAGA strategist Steve Bannon, urged the incoming administration to end the H-1B visa program as part of a broader crackdown on immigration. The so-called tech right, led by Musk, wanted Trump to defend the program on the grounds that high-skilled immigration is integral to spurring economic growth and fueling 'American dynamism.' Ultimately, the tech right carried the day, with Trump intervening in the online spat to defend the H-1B program. After the feud, the two sides struck a tentative peace, and the contretemps quieted down as Trump reentered office. But the renewal of hostilities between Trump and Musk this week shows that the underlying ideological disagreement between the two factions was never really resolved. And despite all the current bluster about the 'big, beautiful' spending bill, the Epstein files, the ballooning national debt and Musk and Trump's overlarge egos, that divide still runs straight through the same issue that carved up the factions back in December: immigration. That may seem counterintuitive, given that the latest blow-up between Trump and Musk is ostensibly over the fiscal consequences of Trump's megabill — and specifically Musk's contention, supported by independent analyses but rejected by the Trump administration, that the bill would add significantly to the federal debt. But when you strip away all the salacious controversies swirling around the 'BBB,' the fight over the legislation ultimately boils down to the question of whether cracking down on immigration should stand alone as the Trump administration's guiding priority. In the eyes of the MAGA populists, the $155 billion that the BBB appropriates for immigration enforcement and Trump's mass deportation efforts more than justify its passage, whatever its fiscal shortcomings might be. As Stephen Miller, the populist right's go-to immigration hawk, recently put it, the bill includes 'the most significant border security and deportation effort in history' — a fact which 'alone makes this the most important legislation for the conservative project in the history of the nation.' That immigration is at the center of the administration's pitch for the bill should come as no surprise. Since 2016, the issue has been the ideological keystone around which Trump has built his protean and sometimes unwieldy coalition. During the 2024 campaign, Trump and his running mate, JD Vance, proposed solving practically every issue that was thrown their way — from the housing shortage to inflation to 'wokeness' — by tying it back to their promised immigration crackdown. Once in office, the president's first acts included claiming unprecedented emergency authority to carry out his plan for mass deportations. But the centrality of immigration created tension as Musk and his fellow travelers on the tech right began to enter MAGA fold in the leadup to the 2024 election. The tech right threw its weight behind Trump's proposed agenda on immigration, but it was never the group's top priority. Much more important for MAGA's tech faction was taming the federal deficit, which Musk and others moguls — notably Marc Andreessen and Peter Thiel — continue to view as an existential threat to the country's future. Their anxiety about the federal debt is rooted as much in their libertarianism as it is in their self-interest: every dollar the federal government spends servicing the federal debt is a dollar that it does not invest in the supposedly revolutionary technologies — backed by their firms — that they believe will lead to true 'American dynamism.' The misalignment between the priorities of the populist right and the tech right was clear from the start. It was apparent to Miller, who just this week raged that 'you will never live a day in your life where a libertarian cares as much about immigration and sovereignty as they do about the Congressional Budget Office.' It was also apparent to Vance — a perceptive observer of the coalitional dynamics within the MAGA movement — who dedicated an entire speech earlier this spring to arguing that immigration restriction and technological innovation could be mutually-reinforcing goals. 'This idea that tech-forward people and the populists are somehow inevitably going to come to a loggerhead is wrong,' said Vance, identifying himself as 'a proud member of both tribes.' Vance, it turns out, was wrong. To the contrary, the Trump-Musk schism is proof that MAGA loyalists can't have their cake and eat it too. They must choose — a maximalist immigration crackdown, or something else. The vengeance with which the populist right has turned on Musk since his spat with Trump is proof of what happens when a Trump ally — even the richest man on Planet Earth — chooses something else. That the fight really hinged on immigration became clear from the commentary coming out of the populist right. 'Debt is BAD. The migrant crisis is orders of magnitude worse,' posted the activist Charlie Kirk in the midst of the blowup. 'I've never seen debt hold an apartment building hostage,' added another conservative commentator, referring to reports of gang-occupied apartment buildings in Colorado. Then there was Bannon himself, who responded to the feud by suggesting — what else? — that Trump should deport Musk. The near-term consequences of the Trump-Musk schism remain to be seen. Whispers of peace talks between Trump and Musk flitted around Washington on Friday, and Trump has publicly downplayed the significance of the skirmish. At this point, no other big names on the tech right have followed Musk in breaking from Trump. And even if Musk were to actively challenge Trump's GOP — by funding primary challenges to Republican incumbents or even trying to start his own party, as he hinted at on Thursday — the consequences would likely be less dire for the future of the MAGA movement than he might think. Vance, the presumptive heir to the MAGA throne, has been building his own independent fundraising network since 2022, which could insulate him from any Musk-related financial aftershocks. Vance 2028 would certainly like to have access to Musk's campaign dollars, but it's not reliant on them. In the long run, though, the Trump-Musk feud will cement immigration as the critical litmus test for membership in Trump's GOP. The critical ideological fault line within the MAGA movement runs between people who view immigration restriction as a means to an end and those who see it as an end in themselves. The thrashing of Elon Musk is a warning to anyone who finds themselves on the wrong side of that divide.

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