Sixt, the ground transportation company, saw its highest earnings in history in 2021, with consolidated earnings before taxes of $491.6 million, 43% higher than in 2019. According to a company report, consolidated revenue increased by 49% to $2.54 billion due to significant market share gains. Europe revenues grew by 64% while US revenues doubled over the previous year. Alexander Sixt, co-CEO, said the company is growing because it has continued to drive its internationalization strategy while keeping costs under control. Konstantin Sixt, co-CEO, said the company would continue to innovate, including a taxi pilot project for autonomous driving. Sixt, he said, is also investing heavily in the expansion of its e-vehicle fleet. Corporate earnings before interest, taxes, depreciation and amortization (EBITDA) in the US jumped to $182 million in 2021 from $31.7 million in 2019. In the US, according to the report, Sixt has added 10 major airport locations, bringing the company’s presence to 26 of the 30 largest US airports.

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