- Q2 2011 financial summary
Revenue of €314 million compared to €362 million in Q2 2010
Consumer revenue declined by 23% year on year to €209 million
Automotive revenue grew by 34% year on year to €60 million
Business Solutions grew by 12% year on year to €14 million
Non-cash impairment charge on goodwill and other intangible assets of €512 million
Operating result of €18 million and net result of €11 million excluding impairment2
Q2 2011 operational summary
Base of active users of LIVE Services tripled year over year to 1.1 million
GO LIVE 800 series launched
Over 1 million Carminat TomTom systems sold by Renault since launch
Blue&Me TomTom introduced in the US
Traffic portfolio available to businesses and governments in 14 countries
2011 outlook
Revenue of between €1,225 and €1,275 million and earnings per share of between €0.25 and €0.30 excluding impairment