AMSTERDAM — (BUSINESS WIRE) — July 18, 2016 — Financial summary Q2 ' 16
- Group revenue of €265 million (Q2 '15: €265 million)
- Gross margin of 55% (Q2 '15: 51%)
- EBITDA of €44 million (Q2 '15: €28 million)
- Net result of €12 million (Q2 '15: €3 million)
- Adjusted EPS1 of €0.10 (Q2 '15: €0.05)
- Net cash position of €58 million (Q1 '16: €50 million)
Operational summary Q2 '16
- Consumer reached over 1 million users on the MySports platform
- Volvo Cars selected TomTom maps, traffic and software for its new infotainment platform
- HD Map and RoadDNA coverage launched in 17 states across the United States
- Collaboration with PSA Group announced making the TomTom WEBFLEET fleet management solution available for all connected Peugeot, Citroën and DS fleet vehicles
Outlook 2016
Full year outlook reiterated; Revenue expected of around €1,050 million and adjusted EPS1 expected of around €0.23
Key figures
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(€ in millions, unless stated
|
Q2 '16 | Q2 '15 |
y.o.y.
|
H1 '16 | H1 '15 |
y.o.y.
|
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| Consumer | 157.2 | 164.9 | -5% | 273.9 | 286.6 | -4% | |||||||
| Automotive | 34.9 | 26.0 | 34% | 64.6 | 49.6 | 30% | |||||||
| Licensing | 33.2 | 38.6 | -14% | 66.9 | 67.6 | -1% | |||||||
| Telematics | 39.9 | 35.1 | 14% | 77.0 | 66.1 | 16% | |||||||
| REVENUE | 265.2 | 264.6 | 0% | 482.4 | 469.9 | 3% | |||||||
| GROSS RESULT | 145.3 | 134.6 | 8% | 268.6 | 244.5 | 10% | |||||||
| Gross margin | 55% | 51% | 56% | 52% | |||||||||
| EBITDA | 43.7 | 27.8 | 57% | 69.3 | 49.3 | 41% | |||||||
| EBITDA margin | 16% | 11% | 14% | 10% | |||||||||
| OPERATING RESULT (EBIT) | 12.8 | 0.6 | 8.4 | -4.5 | |||||||||
| EBIT margin | 5% | 0% | 2% | -1% | |||||||||
| NET RESULT | 12.2 | 2.5 | 17.0 | -4.4 | |||||||||
| ADJUSTED NET RESULT | 23.2 | 12.4 | 87% | 30.7 | 14.9 | 106% | |||||||
| EPS, € fully diluted | 0.05 | 0.01 | 0.07 | -0.02 | |||||||||
| Adjusted EPS 1 , € fully diluted | 0.10 | 0.05 | 87% | 0.13 | 0.06 | 102% | |||||||
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Change percentages and totals calculated before rounding |
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