TomTom NV
21 Jul, 2015

TomTom reports second quarter 2015 results

Financial summary Q2 '15

Operational summary Q2 '15

Outlook 2015

Key figures

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1Earnings per share adjusted for acquisition-related amortisation on a post-tax basis.

TomTom's Chief Executive Officer, Harold Goddijn
"We reported revenue growth in the second quarter and overall a solid set of results.

Our Consumer business continued to broaden its revenue base with new products in the sports category, and we continued our strong growth path in Telematics and passed the 500,000 subscriptions milestone.

Our Automotive revenue contracted as anticipated, however we continued to book new business at levels which will support a growing business from next year onwards; Licensing delivered double-digit revenue growth in the quarter.

We expect to have fully replaced our map-making system with a transaction-based platform that will enable near real-time maps, in the second half of 2015. With this technological innovation, TomTom is well positioned to address the need for accurate and up-to-date maps, for navigation applications and driver assistance applications, including Highly Automated Driving."

View the full TomTom reports second quarter 2015 results release in PDF format