TomTom Reports Second Quarter 2015 Results

AMSTERDAM — (BUSINESS WIRE) — July 20, 2015Financial summary Q2 '15

  • Revenue of €265 million (Q2 '14: €252 million)
  • Gross margin of 51% (Q2 '14: 56%)
  • EBITDA of €28 million (Q2 '14: €37 million)
  • Net result of €3 million (Q2 '14: €9 million)
  • Adjusted EPS1 of €0.05 (Q2 '14: €0.08)
  • Net cash position of €77 million (Q2 '14: €51 million)

Operational summary Q2 '15

  • Consumer launched the TomTom Bandit Action Camera
  • MyDrive portal and apps introduced, connecting best-in-class traffic-dependent routing service to PNDs
  • Test map data for Highly Automated Driving launched in Metro Detroit
  • Global agreement with Apple for maps and related information renewed and extended
  • Map footprint extended to Australia with the acquisition of Location Navigation from Sensis
  • Telematics passes milestone of 500,000 subscribed vehicles

Outlook 2015

  • Full year outlook re-iterated; Revenue expected of around €1 billion and adjusted EPS1 expected of around €0.20

Key figures

                                     
(€ in millions, unless stated otherwise)     Q2 '15     Q2 '14    

y.o.y.
change

    H1 '15     H1 '14    

y.o.y.
change

                                     
Consumer     164.9     168.5     -2%     286.6     293.6     -2%
Automotive 26.0 30.6 -15% 49.6 59.8 -17%
Licensing 38.6 27.2 42% 67.6 53.2 27%
Telematics     35.1     25.6     37%     66.1     50.7     30%
REVENUE     264.6     252.0     5%     469.9     457.3     3%
                                     
GROSS RESULT 134.6 139.9 -4% 244.5 257.2 -5%
Gross margin     51%     56%           52%     56%      
                                     
EBITDA 27.8 36.9 -25% 49.3 66.6 -26%
EBITDA margin     11%     15%           10%     15%      
                                     
OPERATING RESULT (EBIT) 0.6 10.2 -94% -4.5 11.7 -138%
EBIT margin     0%     4%           -1%     3%      
                                     
NET RESULT 2.5 8.9 -71% -4.4 16.4 -127%
ADJUSTED NET RESULT     12.4     18.4     -33%     14.9     35.8     -58%
                                     
EPS, € fully diluted 0.01 0.04 -72% -0.02 0.07 -126%
Adjusted EPS 1 , € fully diluted     0.05     0.08     -36%     0.06     0.16     -60%

Change percentages are based on non-rounded figures.

 

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20  Next Page »



Review Article Be the first to review this article
Trimble

Harris

Featured Video
Jobs
Currently No Featured Jobs
Upcoming Events
2017 Conference on Big Data from Space (BiDS'17) at Centre de Congrès Pierre Baudis Toulouse France - Nov 28 - 30, 2017
GeoDATA 2017 London Showcase at ILEC Conference Centre 4 Lillie Road London United Kingdom - Nov 30, 2017
Geospatial World Forum 2018 at Hyderabad International Convention Centre Hyderabad India - Jan 16 - 19, 2018
International LiDAR Mapping Forum at Hyatt Regency 650 15th Street, Denver CO - Feb 5 - 7, 2018
Teledyne Optech
Teledyne:
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise