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Investors TOM2 € 9.15 +0.12, +1.34% 17:35 CET, 25/04/2017


Outlook 2017

We are re-iterating our guidance for the year.

In 2017, we expect full year revenue of between €925 million and €950 million. Adjusted EPS1 is expected of around €0.25.

We expect the combined revenue of the Automotive, Licensing and Telematics businesses to grow above 10% year on year in 2017, in line with our previous expectations of their combined revenue CAGR of 15% between 2016 and 2020.

We expect the level of investments (both CAPEX and OPEX) to show a modest increase compared with 20162, excluding acquisitions. 

19 April 2017

 

1Earnings per fully diluted share count adjusted for acquisition-related expenses & gains on a post-tax basis.

2In 2016, CAPEX was €118 million and OPEX was €557 million