TomTom Reports First Quarter 2016 Results

AMSTERDAM — (BUSINESS WIRE) — April 18, 2016Financial summary Q1 ' 16

  • Group revenue of €217 million (Q1 '15: €205 million)
  • Gross margin of 57% (Q1 '15: 54%)
  • EBITDA of €26 million (Q1 '15: €21 million)
  • Adjusted EPS1 of €0.03 (Q1 '15: €0.01)
  • Net cash position of €50 million (Q1 '15: €77 million)

Operational summary Q1 ' 16

  • Consumer launched TomTom RIDER 410 for motorcyclists and the GO Mobile app for iPhone
  • PSA Group launched its new global infotainment platform, built on the full suite of TomTom products
  • Partnership with Fiat extended to deliver maps, traffic and navigation on the all new Uconnect™ 7” HD Nav and Uconnect™ 7” HD Nav LIVE systems
  • HD Maps and RoadDNA coverage launched for all interstates and highways in California and Nevada
  • Telematics increased its installed base by 30% and recurring subscription revenue by 28% year on year

Outlook 2016

  • Full year outlook re-iterated; Revenue expected of around €1,050 million and adjusted EPS1 expected of around €0.23.

Key figures

                   
(€ in millions)     Q1 '16     Q1 '15     y.o.y. change  
                     
Consumer     116.6     121.6     -4%  
Automotive     29.7     23.6     26%  
Licensing     33.7     29.0     16%  
Telematics     37.1     31.1     19%  
REVENUE     217.2     205.3     6%  
                     
GROSS RESULT     123.3     109.9     12%  
Gross margin     57%     54%        
                     
EBITDA     25.6     21.4     19%  
EBITDA margin     12%     10%        
                     
OPERATING RESULT (EBIT)     -4.3     -5.1        
EBIT margin     -2%     -2%        
                     

NET RESULT 2

    4.8     -6.9        
ADJUSTED NET RESULT     7.9     2.4        
                     
EPS, € fully diluted     0.02     -0.03        
Adjusted EPS 1 , € fully diluted     0.03     0.01        

Change percentages and totals are based on non-rounded figures

 
                     

1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article

Harris

Featured Video
Jobs
Product Manager for CHA Consulting, Inc. at Boston, Massachusetts
Software Developer for CHA Consulting, Inc. at Norwell, Massachusetts
Geospatial Analyst/Programmer for LANDIQ at Sacramento, California
System Designer/Engineer for Bluewater at Southfield, Michigan
Director of Process Engineering. for Tekni-Plex at Toledo, Ohio
BIM Manager for Eagle Point Software Corporation at Dubuque, Iowa
Upcoming Events
FME World Tour 2018 at Dortmund Germany - Apr 25, 2018
Directions LIVE 2018 at Malaysia - Apr 26 - 3, 2018
DroneCon 2018 at MIDRAND, JHB South Africa - May 16 - 18, 2018
GEO Business 2018 at 52 Upper Street London United Kingdom - May 22 - 23, 2018
GENEQ
Canon: oce crystalPoint
Teledyne Optech
Teledyne:
GEOINT2018



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