TomTom Reports Fourth Quarter and Full Year 2013 Results

AMSTERDAM — (BUSINESS WIRE) — February 10, 2014

Financial summary Q4 '13

  • Group revenue of €268 million (Q4 '12: €289 million)
  • Gross margin of 54% (Q4 '12: 53%)
  • EBIT margin of 2% (Q4 '12: 9%)
  • Cash flow from operating activities of €51 million (Q4 '12: €91 million)

Financial summary FY '13

  • Group revenue of €963 million (FY '12: €1,057 million)
  • Gross margin of 54% (FY '12: 52%)
  • EBIT margin of 3% (FY '12: 7%)
  • Adjusted1 EPS of €0.26 (FY '12: €0.40)
  • Cash flow from operating activities of €180 million2 (FY '12: €167 million)
  • Net cash of €83 million (YE '12: net debt of €86 million)

Operational summary Q4 '13

  • TomTom Traffic launched in Brazil
  • TomTom Traffic enters into a partnership agreement with Total Traffic + Weather Network (Clear Channel) in North America
  • Business Solutions grows its installed base by 38% year on year to 330,000 WEBFLEET subscriptions

Outlook 2014

  • Revenue of around €900 million
  • Adjusted1 EPS of around €0.20

Key figures

                         
(€ in millions)   Q4 '13   Q4 '12  

y.o.y.
change

  FY '13   FY '12  

y.o.y.
change

                         
Consumer   165   187   -12%   567   639   -11%
Automotive 46 44 3% 192 212 -9%
Licensing 32 37 -14% 119 133 -10%
Business Solutions   24   20   19%   85   73   16%
REVENUE   268   289   -7%   963   1,057   -9%
                         
GROSS RESULT 143 154 -7% 521 555 -6%
Gross margin   54%   53%       54%   52%    
                         
EBITDA 33 53 -37% 143 181 -21%
EBITDA margin   12%   18%       15%   17%    
                         
OPERATING RESULT (EBIT) 4 25 -83% 26 70 -64%
EBIT margin   2%   9%       3%   7%    
                         
NET RESULT   3   99   -97%   20   129   -84%
                         
EPS, € diluted 0.01 0.45 -97% 0.09 0.58 -85%
Adjusted 1 EPS, € diluted   0.06   0.13   -52%   0.26   0.40   -34%

1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
Featured Video
Jobs
Technical Support Engineer for EDA Careers at Freemont, CA
Senior DSP Architect / System Engineer for General Dynamics Mission Systems at Scottsdale, AZ
Principal Engineer FPGA Design for Intevac at Santa Clara, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Sr. Staff Design SSD ASIC Engineer for Toshiba America Electronic Components. Inc. at San Jose, CA
SOC Logic Design Engineer for Global Foundaries at Santa Clara, CA
Upcoming Events
FPGA 2017 at 350 Calle Pincipal, Marriott Hotel Monterey CA - Feb 22 - 24, 2017
DVCon 2017 Conference at DoubleTree Hotel San Jose CA - Feb 27 - 2, 2017
IoT Summit 2017 at Great America ballroom, Santa Clara Convention Center Santa Clara CA - Mar 16 - 17, 2017
SNUG Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Mar 22 - 23, 2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy