AMSTERDAM — (BUSINESS WIRE) — April 18, 2017 — Financial summary Q1 '17
- Revenue of €213 million (Q1 '16: €217 million)
- Gross margin of 62% (Q1 '16: 57%)
- EBITDA of €28 million (Q1 '16: €26 million)
- Adjusted EPS1 of €0.03 (Q1 '16: €0.03)
- Net cash position of €79 million (Q1 '16: €50 million)
Operational summary Q1 '17
- Acquisition of Autonomos, a Berlin-based Autonomous Driving start-up
- TomTom HD Map selected in the Volvo’s Drive Me research programme for Autonomous Driving
- Traffic service extended in South America and now covers 54 countries globally
- Frankfurt and Düsseldorf selected TomTom’s data to power their traffic management centres
- TomTom Touch Cardio, an activity tracker with a built-in heart rate monitor, launched
Outlook 2017
Full year outlook re-iterated; revenue expected in the range of €925 million to €950 million and adjusted EPS1 expected of around €0.25
Key figures
| (€ in millions, unless stated otherwise) | Q1 '17 | Q1 '16 |
y.o.y.
|
||||
| Automotive & Licensing | 74.1 | 63.4 | 17% | ||||
| Telematics | 40.6 | 37.1 | 10% | ||||
| Consumer | 98.0 | 116.6 | -16% | ||||
| REVENUE | 212.7 | 217.2 | -2% | ||||
| GROSS RESULT | 132.4 | 123.3 | 7% | ||||
| Gross margin | 62% | 57% | |||||
| EBITDA | 28.0 | 25.6 | 9% | ||||
| EBITDA margin | 13% | 12% | |||||
| OPERATING RESULT (EBIT) | -4.9 | -4.3 | |||||
| EBIT margin | -2% | -2% | |||||
| NET RESULT | -4.6 | 4.8 | |||||
| ADJUSTED NET RESULT | 7.0 | 7.9 | -11% | ||||
| EPS, € fully diluted | -0.02 | 0.02 | |||||
| Adjusted EPS 1 , € fully diluted | 0.03 | 0.03 |
