Financial summary Q1 '17
Revenue of €213 million (Q1 '16: €217 million)
Gross margin of 62% (Q1 '16: 57%)
EBITDA of €28 million (Q1 '16: €26 million)
Adjusted EPS1 of €0.03 (Q1 '16: €0.03)
Net cash position of €79 million (Q1 '16: €50 million)
Operational summary Q1 '17

Acquisition of Autonomos, a Berlin-based Autonomous Driving start-up
TomTom HD Map selected in the Volvo’s Drive Me research programme for Autonomous Driving
Traffic service extended in South America and now covers 54 countries globally
Frankfurt and Düsseldorf selected TomTom’s data to power their traffic management centres
TomTom Touch Cardio, an activity tracker with a built-in heart rate monitor, launched
Outlook 2017

Full year outlook re-iterated; revenue expected in the range of €925 million to €950 million and adjusted EPS1 expected of around €0.25

TomTom's Chief Executive Officer, Harold Goddijn

“Combined Automotive, Licensing and Telematics revenue grew by 14% year on year, in line with our expectations. High margin recurring software revenue now accounts for 60% of group revenue and more than 75% of gross result in the quarter.

Automotive revenue came in strong because of overall growing car sales and new car models launched with our products. We are happy that the international motor press selected the PEUGEOT 3008 as the Car of the Year 2017 featuring our products.

We continued to make progress in Autonomous Driving during this quarter. Volvo selected our products for their Drive Me research programme and our HD Map and RoadDNA coverage was further extended.”


Key figures
(€ in millions, unless stated otherwise) Q1 '17 Q1 '16 y.o.y. change
Automotive & Licensing 74.1 63.4 17%
Telematics 40.6 37.1 10%
Consumer 98.0 116.6 –16%
REVENUE 212.7 217.2 –2%
GROSS RESULT 132.4 123.3 7%
Gross margin 62% 57%
EBITDA 28.0 25.6 9%
EBITDA margin 13% 12%
OPERATING RESULT (EBIT) –4.9 –4.3
EBIT margin –2% –2%
NET RESULT –4.6 4.8
ADJUSTED NET RESULT 7.0 7.9 –11%
DATA PER SHARE (in €)
EPS - fully diluted –0.02 0.02
Adjusted EPS1 - fully diluted 0.03 0.03
Change percentages and totals calculated before rounding.
This report includes the following non-GAAP measures: gross margin, EBIT (margin), EBITDA (margin), adjusted net result, adjusted EPS and net cash,
which are further explained on page 9 of this report.

tijd 09.10
TomTom EUR 8,92 +25ct vol. 261.000