Financial summary Q4 '16
• Revenue of €266 million (Q4 '15: €282 million)
• Gross margin of 58% (Q4 '15: 49%)
• EBITDA of €39 million (Q4 '15: €42 million)
• Cash flow from operating activities of €76 million (Q4 '15: €58 million)

Financial summary FY '16
• Revenue of €987 million (FY '15: €1,007 million)
• Gross margin of 57% (FY '15: 52%)
• EBITDA of €141 million (FY '15: €124 million)
• Adjusted EPS1 of €0.23 (FY '15: €0.21)
• Cash flow from operating activities of €144 million (FY '15: €119 million)
• Net cash position of €133 million (Q4 '15: €98 million)

Operational summary
• Automotive order intake exceeded €300 million in 2016
• FCA Group awarded TomTom Automotive ‘Innovation Supplier of the Year 2016’
• Microsoft partnership announced to bring location-based services to Azure platform
• Collaborations with SAP, MapQuest and Pitney Bowes extended
• TomTom City reaches coverage in 100 cities
• Telematics installed base increased by 15% and recurring subscription revenue increased by 21% year on year
• Consumer shipped over one million sports devices in the year

Outlook 2017
• Revenue in the range of €925 million to €950 million
• Adjusted EPS1 of around €0.25

TomTom's Chief Executive Officer, Harold Goddijn

“We reported revenue of €987 million in 2016, which is slightly below last year. We are increasing high margin recurring data, software & services business, which now reflects nearly 50% of our revenue mix and more than 70% of our gross result mix. Gross result grew strongly this year with 9%.

Our Automotive products and roadmap continue to be well received, resulting in order intake for 2016 of over €300 million. Order intakes from previous years are now starting to deliver a strong revenue growth in Automotive. We are working with many automotive OEMs and Tier1s to integrate our HD Maps into the self-driving systems they are developing. In early 2017, we acquired Autonomos, a Berlin-based start-up that will give us greater insights and capabilities into the Autonomous Driving software stack.
Telematics reached a subscriber base of nearly 700,000 subscriptions, representing the largest European fleet management business.”

Key figures waren niet over te nemen en zie op
http://corporate.tomtom.com/releasedetail.cfm?ReleaseID=1010781

TomTom announces changes to its Supervisory Board
Amsterdam, 8 February 2017 – TomTom today announced changes to its Supervisory Board, which will be proposed for adoption by the General Meeting on 24 April 2017.

At the upcoming annual general meeting, Doug Dunn and Ben van der Veer will retire from the Supervisory Board. Peter Wakkie has been nominated by the Supervisory Board for re-appointment for a new term of two years. Furthermore, Anita Elberse has decided to step down as a member of the Supervisory Board after the annual general meeting. Her new leadership position at the Harvard Business School does not allow her to combine these duties with a seat on the Supervisory Board of TomTom.

The Supervisory Board nominated Michael Rhodin for appointment by the General Meeting as new member of the Supervisory Board for a term of four years.

Michael Rhodin is currently an IBM Senior Vice President responsible for business development on IBM's Watson platform. He is also a member of the International Advisory Board of Santander. Michael has served as an officer of IBM for over seven years, and has held several senior management positions throughout his 33-year career with IBM.

“The Supervisory Board is sincerely grateful to Anita, Doug and Ben for their valuable contributions to the company. For twelve and nine years respectively Doug and Ben have brought dedication and constructive support to the Supervisory Board,” said Peter Wakkie, Chairman of the Supervisory Board at TomTom. “We are excited to welcome Michael Rhodin. He will bring extensive technology experience and competency to our Supervisory Board and the company. His nomination fits with TomTom’s positioning as a leading technology company.”

Harold Goddijn, CEO of TomTom: “We are looking forward to Michael’s appointment and his contribution to TomTom. He has a strong track record in the technology sector and we are excited that he is committing to our company.” Harold continued: “On behalf of the Management Board, I would like to thank Anita, Doug and Ben for their efforts and valuable counsel during their time with the company. My sincere appreciation goes out to Doug and Ben for their long term commitment.”

Upon the adoption of the proposed (re-)appointments by the General Meeting, the Supervisory Board will consist of Peter Wakkie (Chairman), Jacqueline Tammenoms Bakker (Deputy Chairman), Jack de Kreij and Michael Rhodin. Their profiles can be found on our corporate website.

tijd 12.02 d.d. 7 febr. 2017
De Midcap 700,35 +2,69 +0,39% BAM EUR 4,715 +12ct vol. 920.000 Philips L. EUR +47ct vol 78.000 TomTom EUR 8,385 +12ct vol. 566.000 dan mogen de kaarten wel meer waard zijn, maar de kosten zullen ook toenemen en TomTom is te eenzijdig met haar producten spreiding.

TomTom is niet onze favoriet.

tijd 09.02
De Midcap 702,14 +0,16 +0,02% TomTom EUR 7,846 -59ct vol. 384.000