TomTom Reports First Quarter 2015 Results

AMSTERDAM — (BUSINESS WIRE) — April 20, 2015Financial summary Q1 '15

  • Group revenue of €205 million (Q1 '14: €205 million)
  • Gross margin of 54% (Q1 '14: 57%)
  • EBITDA of €21 million (Q1 '14: €30 million)
  • Adjusted EPS1 of €0.01 (Q1 '14: €0.08, of which €0.04 related to a one-off tax gain)
  • Net cash position of €77 million (Q1 '14: €44 million)

Operational summary Q1 '15

  • Consumer launched the new TomTom RIDER for motorcyclists
  • Volkswagen selects TomTom Maps in North America and TomTom Traffic in Europe
  • TomTom to deliver LIVE Services to Hyundai and Kia in Europe
  • Global partnership with Fiat extended to deliver maps and navigation in the Uconnect™ infotainment system in Latin America
  • Telematics increased its installed base by 39% and recurring subscription revenue by 32% year on year

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)     Q1 '15     Q1 '14     y.o.y. change
                   
Consumer     121.6     125.1     -3%
Automotive 23.6 29.2 -19%
Licensing 29.0 26.0 12%
Telematics     31.1     25.1     24%
REVENUE     205.3     205.4     0%
                   
GROSS RESULT 109.9 117.3 -6%
Gross margin     54%     57%      
                   
EBITDA 21.4 29.7 -28%
EBITDA margin     10%     14%      
                   
OPERATING RESULT (EBIT) -5.1 1.5
EBIT margin     -2%     1%      
                   
NET RESULT -6.9 7.6
ADJUSTED NET RESULT     2.4     17.4     -86%
                   
EPS, € fully diluted -0.03 0.03
Adjusted EPS 1 , € fully diluted     0.01     0.08     -87%

 

Change percentages are based on non-rounded figures


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



Review Article Be the first to review this article
Airbus

Featured Video
Jobs
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
GIS Analyst II for Air Worldwide at Boston, MA
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
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
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