TomTom Reports Third Quarter 2014 Results

AMSTERDAM — (BUSINESS WIRE) — October 28, 2014

Financial summary Q3 '14

  • Revenue of €235 million (Q3 '13: €244 million)
  • Gross margin of 57% (Q3 '13: 56%)
  • EBIT of €8 million (Q3 '13: €14 million)
  • Adjusted1 EPS of €0.07 (Q3 '13: €0.10)
  • Net cash position of €104 million (Q3 '13: €52 million)

Operational summary Q3 '14

  • New entry-level START range of PNDs introduced
  • TomTom Golfer GPS watch launched
  • Partnership with Volkswagen Group Research for the development of Highly Automated Driving (HAD) systems
  • Partnership with Bosch SoftTec to deliver Advanced Driver Assistance Systems (ADAS)
  • Multinet-R map format launched, the first commercial product release from our new map-making platform
  • Location-based services product portfolio extended with online turn-by-turn navigation
  • Telematics installed base increased to 414,000

Outlook 2014

  • Full year outlook for revenue updated; revenue now expected of between €930 million and €950 million. Outlook for adjusted1 EPS of at least €0.25 is unchanged

Key figures2

(€ in millions)   Q3 '14   Q3 '13  

y.o.y.

change

  YTD '14   YTD '13  

y.o.y.

change

                         
Consumer   153   170   -10%   447   465   -4%
Automotive 26 26 1% 86 85 1%
Licensing 27 27 0% 80 85 -6%
Telematics   28   21   34%   79   60   31%
REVENUE   235   244   -4%   692   696   -1%
                         
GROSS RESULT 133 137 -3% 390 378 3%
Gross margin   57%   56%       56%   54%    
                         
EBITDA 41 41 0% 108 110 -2%
EBITDA margin   17%   17%       16%   16%    
                         
EBIT 8 14 -42% 20 21 -8%
EBIT margin   3%   6%       3%   3%    
                         
NET RESULT   6   11   -49%   22   17   32%
                         
EPS, € diluted 0.03 0.05 -49% 0.10 0.07 35%
Adjusted 1 EPS, € diluted   0.07   0.10   -32%   0.23   0.20   13%

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  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
Division Engineer for Montana Dept. Of Commerce at Helena, MT
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Geospatial Systems Administrator for BAE Systems Intelligence & Security at arnold, MO
Geospatial Analyst/Programmer for LANDIQ at Sacramento, CA
Upcoming Events
USC Spatial Science Summit at 3540 South Figueroa Los Angeles CA - Feb 23, 2018
2018 Los Angeles Geospatial Summit at USC Radisson Hotel 3540 S Figueroa St. Los Angeles CA - Feb 23, 2018
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
Teledyne Optech
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