TomTom Reports Second Quarter 2016 Results

AMSTERDAM — (BUSINESS WIRE) — July 18, 2016Financial summary Q2 ' 16

  • Group revenue of €265 million (Q2 '15: €265 million)
  • Gross margin of 55% (Q2 '15: 51%)
  • EBITDA of €44 million (Q2 '15: €28 million)
  • Net result of €12 million (Q2 '15: €3 million)
  • Adjusted EPS1 of €0.10 (Q2 '15: €0.05)
  • Net cash position of €58 million (Q1 '16: €50 million)

Operational summary Q2 '16

  • Consumer reached over 1 million users on the MySports platform
  • Volvo Cars selected TomTom maps, traffic and software for its new infotainment platform
  • HD Map and RoadDNA coverage launched in 17 states across the United States
  • Collaboration with PSA Group announced making the TomTom WEBFLEET fleet management solution available for all connected Peugeot, Citroën and DS fleet vehicles

Outlook 2016

Full year outlook reiterated; Revenue expected of around €1,050 million and adjusted EPS1 expected of around €0.23

Key figures

(€ in millions, unless stated
otherwise)

  Q2 '16   Q2 '15  

y.o.y.
change

  H1 '16   H1 '15  

y.o.y.
change

 
                           
Consumer   157.2   164.9   -5%   273.9   286.6   -4%  
Automotive   34.9   26.0   34%   64.6   49.6   30%  
Licensing   33.2   38.6   -14%   66.9   67.6   -1%  
Telematics   39.9   35.1   14%   77.0   66.1   16%  
REVENUE   265.2   264.6   0%   482.4   469.9   3%  
                           
GROSS RESULT   145.3   134.6   8%   268.6   244.5   10%  
Gross margin   55%   51%       56%   52%      
                           
EBITDA   43.7   27.8   57%   69.3   49.3   41%  
EBITDA margin   16%   11%       14%   10%      
                           
OPERATING RESULT (EBIT)   12.8   0.6       8.4   -4.5      
EBIT margin   5%   0%       2%   -1%      
                           
NET RESULT   12.2   2.5       17.0   -4.4      
ADJUSTED NET RESULT   23.2   12.4   87%   30.7   14.9   106%  
                           
EPS, € fully diluted   0.05   0.01       0.07   -0.02      
Adjusted EPS 1 , € fully diluted   0.10   0.05   87%   0.13   0.06   102%  

Change percentages and totals calculated before rounding

             
                           

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »



Review Article Be the first to review this article


Featured Video
Jobs
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
GIS Analyst II for Air Worldwide at Boston, MA
Senior Structural Engineer for Design Everest at San Francisco, CA
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Upcoming Events
SPTechCon 2016, Dec 5 - 8, 2016, San Francisco, CA at San Francisco CA - Dec 5 - 8, 2016
RoboUniverse San Diego at San Diego CA - Dec 14 - 15, 2016
DGI 2017 at QEII Centre London United Kingdom - Jan 23 - 25, 2017
Trimble
Teledyne Optech
University of Denver GIS Masters Degree Online
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — 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 Policy