Financial summary Q1 '18
Operational summary Q1 '18
Full year outlook re-iterated; expected revenue of around €800 million and adjusted EPS1 of around €0.25.
Change percentages and totals calculated before rounding.
This report includes the following non-GAAP measures: Automotive operational revenue, gross margin, EBIT (margin), EBITDA (margin), adjusted net result, adjusted EPS and net cash, which are further explained on page 10 of this report.
2017 figures are restated under the new IFRS 15 and IFRS 16 accounting standards.
1 Earnings per fully diluted share count adjusted for movement of deferred revenue, unbilled revenue, deferred cost of sales, impairments and material restructuring and disposal costs on a post-tax basis.
TomTom's Chief Executive Officer, Harold Goddijn
“TomTom started the year with a solid set of results. Nearly 70% of our revenues is now derived from data, software & services, boosting our gross margin. Automotive operational revenue in the quarter amounted to €78 million, an increase of 42% compared with the same quarter last year.”
View the full TomTom reports first quarter 2018 results release on our quarterly results website.