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