• Home
  • Careers
How can we help you?

Find products, services and support.

News Release Details


TomTom reports fourth quarter and full year results

Feb 28, 2012
TomTom reports fourth quarter and full year results

Financial headlines FY 2011

  • Revenue of €1,273 million and normalised EPS1 of €0.31 at top end of guidance
  • Broadened revenue with growth in all areas except for PNDs
  • Net debt decreased from €294 million to €194 million; leverage ratio of 0.88

Financial headlines Q4 2011

  • Group revenue of €357 million
    • Consumer revenue decreased by 40% year on year to €242 million
    • Automotive revenue increased by 2% year on year to €56 million
    • Licensing revenue increased by 3% year on year to €40 million
    • Business Solutions revenue increased by 19% year on year to €19 million
    • Content and Services revenue increased by 10% year on year to €107 million
  • Net cash flow from operating activities of €134 million

Operational headlines Q4 2011

  • Restructured organisation to reduce costs and increase effectiveness of R&D
  • Signed aftermarket automotive deals with Ford and Opel
  • Secured full control of map operations in India, Indonesia and Thailand
  • Grew HD Traffic installed base to 1.5 million users; available in 23 countries
  • Increased fleet management subscriber base to 180 thousand, up 34%
  • Entered car lease market with telematics services

Outlook full year 2012

  • We expect to deliver revenue of around €1.1 billion and adjusted EPS2 of around €0.35

View the full TomTom fourth quarter 2011 results release in PDF format