TomTom Reports First Quarter 2018 Results

Financial income and expenses

The net interest charge for the quarter was €0.4 million (Q1 '17: €0.4 million). The other financial result for the quarter was a gain of €1.7 million (Q1 '17: €0.4 million), which consisted primarily of foreign exchange gains from the revaluation of monetary balance sheet items.

Income tax

The net income tax for the quarter was a charge of €2.0 million versus a net income tax charge of €0.8 million in Q1 '17.

Net result and adjusted EPS

(€ in millions, unless stated otherwise)   Q1 '18   Q1 '17  

y.o.y.
change

             
Net result   6.4   -2.2   8.6
Net result attributed to equity holders   6.4   -2.2   8.6
Movement of deferred revenue, unbilled revenue and deferred CoS 21.1 -5.8 26.9
Tax effect on movement of deferred revenue, unbilled revenue and deferred CoS   -4.9   1.2   -6.1
Adjusted net result   22.6   -6.8   29.4
             
Adjusted EPS, € fully diluted   0.10   -0.03   0.13

Change amounts and totals calculated before rounding.

 

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