AMSTERDAM — (BUSINESS WIRE) — July 20, 2015 — Financial summary Q2 '15
- Revenue of €265 million (Q2 '14: €252 million)
- Gross margin of 51% (Q2 '14: 56%)
- EBITDA of €28 million (Q2 '14: €37 million)
- Net result of €3 million (Q2 '14: €9 million)
- Adjusted EPS1 of €0.05 (Q2 '14: €0.08)
- Net cash position of €77 million (Q2 '14: €51 million)
Operational summary Q2 '15
- Consumer launched the TomTom Bandit Action Camera
- MyDrive portal and apps introduced, connecting best-in-class traffic-dependent routing service to PNDs
- Test map data for Highly Automated Driving launched in Metro Detroit
- Global agreement with Apple for maps and related information renewed and extended
- Map footprint extended to Australia with the acquisition of Location Navigation from Sensis
- Telematics passes milestone of 500,000 subscribed vehicles
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, unless stated otherwise) | Q2 '15 | Q2 '14 |
y.o.y.
|
H1 '15 | H1 '14 |
y.o.y.
|
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| Consumer | 164.9 | 168.5 | -2% | 286.6 | 293.6 | -2% | |||||||||||||
| Automotive | 26.0 | 30.6 | -15% | 49.6 | 59.8 | -17% | |||||||||||||
| Licensing | 38.6 | 27.2 | 42% | 67.6 | 53.2 | 27% | |||||||||||||
| Telematics | 35.1 | 25.6 | 37% | 66.1 | 50.7 | 30% | |||||||||||||
| REVENUE | 264.6 | 252.0 | 5% | 469.9 | 457.3 | 3% | |||||||||||||
| GROSS RESULT | 134.6 | 139.9 | -4% | 244.5 | 257.2 | -5% | |||||||||||||
| Gross margin | 51% | 56% | 52% | 56% | |||||||||||||||
| EBITDA | 27.8 | 36.9 | -25% | 49.3 | 66.6 | -26% | |||||||||||||
| EBITDA margin | 11% | 15% | 10% | 15% | |||||||||||||||
| OPERATING RESULT (EBIT) | 0.6 | 10.2 | -94% | -4.5 | 11.7 | -138% | |||||||||||||
| EBIT margin | 0% | 4% | -1% | 3% | |||||||||||||||
| NET RESULT | 2.5 | 8.9 | -71% | -4.4 | 16.4 | -127% | |||||||||||||
| ADJUSTED NET RESULT | 12.4 | 18.4 | -33% | 14.9 | 35.8 | -58% | |||||||||||||
| EPS, € fully diluted | 0.01 | 0.04 | -72% | -0.02 | 0.07 | -126% | |||||||||||||
| Adjusted EPS 1 , € fully diluted | 0.05 | 0.08 | -36% | 0.06 | 0.16 | -60% | |||||||||||||
|
Change percentages are based on non-rounded figures. |
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