TomTom reports first quarter 2012 results

Financial headlines

  • Group revenue of €233 million
  • Content and Services revenue of €98 million
  • Adjusted EPS of €0.04
  • Net cash flow from operating activities of €16 million
  • Early repayment of borrowings of €28 million

Operational headlines

  • Renault partnership extended with R-Link
  • Samsung to use TomTom maps for Wave3 smartphone
  • Indian map deal signed with HTC
  • First traffic agreement for Chinese market with Qoros Auto
  • Car insurance market entered through Motaquote partnership

Outlook full year 2012

  • Guidance to deliver revenue of around €1.1 billion and adjusted EPS1 of around €0.35 maintained

View the full TomTom reports first quarter 2012 results release in PDF format

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