AMSTERDAM — (BUSINESS WIRE) — October 29, 2013 —
Financial summary
- Group revenue of €244 million (Q3 '12: €274 million)
- Gross margin of 56% (Q3 '12: 55%)
- EBIT margin of 6% (Q3 '12: 12%)
- Adjusted1 EPS of €0.10 (Q3 '12: €0.14)
- Cash flow from operating activities of €71 million (Q3 '12: €50 million)
- Net cash position of €52 million (Q3 '12: net debt of €153 million)
Operational summary
- New generation of PNDs widely available in Europe
- Successful roll-out of our GPS sports watches, now available in 21 countries
- TomTom’s real-time traffic in more Daimler models
- Renault R-Link ranked by independent study as the best in-dash infotainment system
- Business Solutions acquires Coordina, the Spanish market leader in Fleet Management Solutions
2013 outlook
We expect to deliver full year revenue towards the upper end of our guidance of between €900 and €950 million and we expect adjusted¹ EPS of around €0.25 (previously around €0.20).
Key figures
| (in € millions) | Q3 '13 | Q3 '12 |
y.o.y.
|
YTD '13 | YTD '12 |
y.o.y.
|
||||||||||||
| Revenue | 244 | 274 | -11% | 696 | 768 | -9% | ||||||||||||
| Gross result | 137 | 150 | -9% | 378 | 400 | -6% | ||||||||||||
| Gross margin | 56% | 55% | 54% | 52% | ||||||||||||||
| EBITDA | 41 | 58 | -30% | 110 | 128 | -14% | ||||||||||||
| EBITDA margin | 17% | 21% | 16% | 17% | ||||||||||||||
| EBIT result | 14 | 32 | -57% | 21 | 46 | -53% | ||||||||||||
| EBIT margin | 6% | 12% | 3% | 6% | ||||||||||||||
| Net result | 11 | 22 | -49% | 17 | 30 | -43% | ||||||||||||
| EPS, € diluted | 0.05 | 0.10 | -50% | 0.07 | 0.13 | -45% | ||||||||||||
| Adjusted 1 EPS, € diluted | 0.10 | 0.14 | -32% | 0.20 | 0.27 | -26% |
