TomTom Reports First Quarter 2017 Results

AMSTERDAM — (BUSINESS WIRE) — April 18, 2017Financial summary Q1 '17

  • Revenue of €213 million (Q1 '16: €217 million)
  • Gross margin of 62% (Q1 '16: 57%)
  • EBITDA of €28 million (Q1 '16: €26 million)
  • Adjusted EPS1 of €0.03 (Q1 '16: €0.03)
  • Net cash position of €79 million (Q1 '16: €50 million)

Operational summary Q1 '17

  • Acquisition of Autonomos, a Berlin-based Autonomous Driving start-up
  • TomTom HD Map selected in the Volvo’s Drive Me research programme for Autonomous Driving
  • Traffic service extended in South America and now covers 54 countries globally
  • Frankfurt and Düsseldorf selected TomTom’s data to power their traffic management centres
  • TomTom Touch Cardio, an activity tracker with a built-in heart rate monitor, launched

Outlook 2017

Full year outlook re-iterated; revenue expected in the range of €925 million to €950 million and adjusted EPS1 expected of around €0.25

Key figures

(€ in millions, unless stated otherwise)   Q1 '17   Q1 '16  

y.o.y.
change

             
Automotive & Licensing   74.1   63.4   17%
Telematics 40.6 37.1 10%
Consumer   98.0   116.6   -16%
REVENUE   212.7   217.2   -2%
             
GROSS RESULT 132.4 123.3 7%
Gross margin   62%   57%    
             
EBITDA 28.0 25.6 9%
EBITDA margin   13%   12%    
             
OPERATING RESULT (EBIT) -4.9 -4.3
EBIT margin   -2%   -2%    
             
NET RESULT -4.6 4.8
ADJUSTED NET RESULT   7.0   7.9   -11%
             
EPS, € fully diluted -0.02 0.02
Adjusted EPS 1 , € fully diluted   0.03   0.03    

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »
Featured Video
Jobs
Principal Engineer for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise