TomTom reports fourth quarter and full year 2016 results

Change percentages and totals calculated before rounding.

Hardware revenue for the quarter was €143 million compared with €163 million in Q4 '15. Data, software & services revenue in the quarter was €123 million, 3% higher compared with €120 million in Q4 '15, mainly due to growing Automotive and Telematics subscription revenue. As a percentage of revenue, data, software & services revenue increased to 46% in Q4 '16 from 42% in Q4 '15.

On a full year basis, revenue from data, software & services was €481 million (FY '15: €449 million) and accounted for 49% of total revenue (FY '15: 45%).

Geographical revenue split

(€ in millions)   FY '16   FY '15  

y.o.y.
change

             
Europe   773.2   771.5   0 %
North America 167.4 186.1 -10 %
Rest of the world   46.7   49.0   -5 %
Total revenue   987.3   1,006.6   -2 %

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