TomTom Group financial highlights

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Algemeen advies 28/10/2008 08:43
Revenue of €429 million
Gross profit of €240 million; gross profit margin of 56%
EBITDA of €118 million; EBITDA margin of 28%
Net income of €58 million; Diluted EPS €0.46
Net debt of €1,322 million

TomTom Group operational highlights
North American and European PND markets combined grew 40% year on year in volume
Leading market share of 45% in Europe and more than 20% in North America maintained
GO LIVE X40 series announced offering LIVE Services in Europe from Q4 2008
First Tele Atlas map incorporating TomTom Map Share™ changes launched
Partnership with Renault announced to deliver in-dash navigation to Renault cars in mid 2009
New Tele Atlas senior management team members appointed

TomTom Group full year outlook
- TomTom Group (reported)
- Revenue of between €1.75 billion and €1.85 billion
- EBITDA margin of between 20% and 24%

TomTom business - Revenue of between €1.6 billion and €1.7 billion
- PND volume of between 12 million and 13 million
- Gross and EBIT margin of close to 40% and 20% respectively maintained

Tele Atlas business (pro forma)
- Revenue of approximately €310 million
- Adjusted EBITDA of approximately €60 million



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