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 »
Featured Video
Jobs
CAD Engineer for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Upcoming Events
Phil Kaufman Award Ceremony and Banquet to be held November 6 at Hayes Mansion at Hayes Mansion 200 Edenvale Ave San Jose CA - Nov 6, 2024
SEMICON Europa 2024 at Messe München München Germany - Nov 12 - 15, 2024
DVCon Europe 2023 at Holiday Inn Munich – City Centre Munich Germany - Nov 14 - 15, 2024
SEMI MEMS & Imaging Sensors Summit, at International Conference Center Munich Germany - Nov 14, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise