Financial headlines Q3 2011
Group revenue decreased by 10% to €336 million
Content and Services revenue increased by 19% to €107 million
Consumer revenue decreased by 23% to €225 million
Automotive revenue increased by 43% to €59 million
Licensing revenue increased by 27% to €36 million
Business Solutions revenue increased by 33% to €17 million
Net result attributable to the group increased by 50% to €29 million
Net cash flow from operating activities increased by 62% to €70 million
Operational headlines Q3 2011
Restructuring programme initiated; savings of €50 million targeted
LIVE Services take rate increased to 28% from 21% last year
Expansion of automotive partnerships with Renault, Fiat and Mazda
Consumer product announcement for the Indian market
Outlook full year 2011
We expect to deliver full year results towards the upper end of our guidance for revenue of between €1,225 million and €1,275 million and EPS of between €0.25 and €0.30, excluding impairment and restructuring charges