TomTom Reports Third Quarter 2017 Results

AMSTERDAM — (BUSINESS WIRE) — October 19, 2017 — TomTom (AEX:TOM2):

Financial summary Q3 '17

  • Revenue of €218 million (Q3 '16: €239 million)
  • Gross margin of 65% (Q3 '16: 60%)
  • EBITDA of €31 million (Q3 '16: €33 million)
  • Adjusted EPS1 of €0.08 (Q3 '16: €0.05)
  • Net cash position of €102 million (Q3 '16: €81 million)
  • Deferred revenue position of €240 million (Q3 '16: €206 million)

Operational summary Q3 '17

  • Traffic service expanded to 68 countries
  • Launch of TomTom EV Service providing real-time availability for charging points for drivers of electric vehicles
  • Telematics recognised by Berg Insight as Europe's leading and most innovative provider of fleet management solutions (for the third year running)
  • Strategic review of Consumer Sports in progress

Outlook 2017
Full year revenue outlook updated. Due to recent reorganisation of Consumer Sports, revenue is now expected of around €900 million2. Outlook for adjusted EPS1 of around €0.25 is unchanged.

Key figures

                         

(€ in millions, unless stated
otherwise)

  Q3 '17   Q3 '16  

y.o.y.
change

  YTD '17   YTD '16  

y.o.y.
change

                         
Automotive & Licensing   81.1   65.7   23%   242.2   197.2   23%
Telematics 39.4 36.5 8% 120.1 113.6 6%
Consumer   97.2   137.1   -29%   321.5   410.9   -22%
REVENUE   217.7   239.3   -9%   683.8   721.7   -5%
                         
GROSS RESULT 140.5 144.6 -3% 433.5 413.2 5%
Gross margin   65%   60%       63%   57%    
                         
EBITDA 31.2 33.1 -6% 104.4 102.3 2%
EBITDA margin   14%   14%       15%   14%    
                         
OPERATING RESULT (EBIT) -6.0 1.0 -170.4 9.4
EBIT margin   -3%   0%       -25%   1%    
                         
NET RESULT -5.3 0.6 -170.0 17.5
ADJUSTED NET RESULT   18.8   11.7   60%   46.8   42.8   9%
                         
EPS, € fully diluted -0.02 0.00 -0.72 0.07
Adjusted EPS 1 , € fully diluted   0.08   0.05   59%   0.20   0.18   8%

Change percentages and totals calculated before rounding.

This report includes the following non-GAAP measures: gross margin, EBIT (margin), EBITDA (margin), adjusted net
result, adjusted EPS and net cash, which are further explained on page 11 of this report.


1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
12 Mid-January Economic Nuggets
VectorworksVectorworks Blog
by Vectorworks
You’re Probably Doing BIM Without Knowing It!
Jobs
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
Mid-Level Landscape Architect/Designer for Studio-MLA at Los Angeles, California
GIS Specialist for City of Ithaca at ithaca, New York
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
Upcoming Events
Digital Built Week Americas at Anaheim CA - Jun 14, 2022 - Dec 31, 1969
Utopian and Sacred Architecture Studies (USAS) - 2nd Edition at University Way, Dockland Campus London, E16 2RD, UK London --Choose One-- United Kingdom - Jun 14 - 15, 2022
HxGN LIVE Global 2022 - Future of Manufacturing at Las Vegas NV - Jun 20 - 23, 2022



© 2022 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise