TomTom reports second quarter 2012 results
TomTom reports second quarter 2012 results
Jul 24, 2012
Supporting Materials:
Press Release 450.6 KB
TomTom Q2 Image1.jpg 131.6 KB
Financial summary
- Group revenue decreased by 17% to €262 million
- Consumer revenue decreased by 26% to €155 million
- Automotive revenue was flat at €60 million
- Licensing revenue decreased by 7% to €29 million
- Business Solutions revenue increased by 26% to €18 million
- Gross margin of 52% (Q2 2011: 51%)
- Adjusted EPS1 of €0.09 (Q2 2011: €0.10)
- Net cash flow from operating activities of €10 million (Q2 2011: -€32 million)
- Global agreement with Apple for maps and related information
- New range of Nike+ SportWatch launched
- WEBFLEET subscriber base grew 37% to 209,000 (Q2 2011: 152,000)
- 6" PND launched
- Guidance maintained to deliver revenue of around €1.1 billion and adjusted EPS of around €0.35.
View the full TomTom reports second quarter 2012 results release in PDF format