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
Harris

Featured Video
Jobs
Project Manager for Keystone Aerial Surveys at Philadelphia, PA
GIS Specialist for Fresno Irrigation District at Fresno, CA
Geospatial Systems Administrator for BAE Systems Intelligence & Security at arnold, MO
Avionics System Engineer for BAE Systems Intelligence & Security at Arlington, VA
Division Engineer for Montana Dept. Of Commerce at Helena, MT
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Upcoming Events
Webinar: What's New in Global Mapper v19.1 at United States - Feb 27, 2018
2018 Esri Developer Summit at Palm Springs Convention Center Palm Springs CA - Mar 6 - 9, 2018
Gi4DM 2018: GeoInformation for Disaster Management at Suleyman Demirel Cultural Center Maslak Campus of Istanbul Technical University (ITU) Istanbul Turkey - Mar 18 - 21, 2018
2018 GIS/CAMA Technologies Conference at Hyatt Regency Houston Houston TX - Mar 19 - 22, 2018
Teledyne Optech
University of Denver GIS Masters Degree Online
Teledyne:



Internet Business Systems © 2018 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