TomTom NV
8 Feb, 2017

TomTom reports fourth quarter and full year 2016 results

Financial summary Q4 '16

Financial summary FY '16

Operational summary

Outlook 2017

Key figures
 
 
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 Earnings per fully diluted share count adjusted for acquisition-related expenses & gains on a post-tax basis.
 
TomTom's Chief Executive Officer, Harold Goddijn
“We reported revenue of €987 million in 2016, which is slightly below last year. We are increasing high margin recurring data, software & services business, which now reflects nearly 50% of our revenue mix and more than 70% of our gross result mix. Gross result grew strongly this year with 9%.
 
Our Automotive products and roadmap continue to be well received, resulting in order intake for 2016 of over €300 million. Order intakes from previous years are now starting to deliver a strong revenue growth in Automotive. We are working with many automotive OEMs and Tier1s to integrate our HD Maps into the self-driving systems they are developing. In early 2017, we acquired Autonomos, a Berlin-based start-up that will give us greater insights and capabilities into the Autonomous Driving software stack. 
 
Telematics reached a subscriber base of nearly 700,000 subscriptions, representing the largest European fleet management business.”
 
View the full TomTom reports fourth quarter and full year 2016 results release in PDF format.