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TomTom Reports Second Quarter Results 2007

Mon, 23 Jul 2007 00:00:01 GMT

TomTom Reports Second Quarter Results 2007
Strong revenue and profitablity
Second quarter 2007 financial
highlights• Revenue of €380 million,
up 29% sequentially and up 37% year on year
• Portable navigation device (PND) volume of 1.8 million,
up 36% sequentially and up 118% year on year
• Gross margin of 45%, up 5 points sequentially and up 2
points year on year

• Operating margin of 25%, up 6 points sequentially and
up 2 points year on year
• Net profit of €68 million, up 56% sequentially and
up 81% year on year
• Fully diluted EPS of €0.58, up 56% sequentially
and up 81% year on year
• Net cash flow from operating activities of €72
million
Second quarter 2007 operational
highlights
• New TomTom GO range launched

• MapShare™ proprietary map improvement technology
announced
• Joint development announced with Vodafone UK to deliver
unique new advanced travel time information
system in the UK
Outlook 2007
• European and North American markets for PNDs together
expected to grow to around 21 million units in 2007
• Revenue expectation for 2007 of between €1.6
billion to €1.8 billion maintained
• PND unit forecast for 2007 increased to between 8 and 9
million

• Gross margin of at least 40% of revenue and operating
margin of at least 20% of revenue now expected
for the full year

Tele Atlas N.V...

TomTom N.V. intends to make a cash offer of € 21.25 per ordinary share for Tele Atlas N.V.

Mon, 23 Jul 2007 00:00:01 GMT

This is a joint press release of Tele Atlas N.V. and TomTom N.V. pursuant to the provisions of Section 9b, subsection 2.a, of the Dutch Securities Trade Supervision Decree 1995 (Besluit toezicht effectenverkeer 1995)...

TomTom and Vodafone UK To Introduce the World’s Most Advanced Travel Time Information System for Superior Navigation in the UK

Tue, 26 Jun 2007 00:00:01 GMT

TomTom and Vodafone UK To Introduce the World’s Most Advanced Travel Time Information System for Superior Navigation in the UK

Accurate Travel Time for All Roads

London, UK, 26 June 2007 - TomTom, the world’s largest navigation solutions provider, and Vodafone UK today announce that they will jointly develop a new traffic information system that will deliver superior travel time information...

TomTom Hits 10 Million Product Mark

Wed, 09 May 2007 00:00:01 GMT

TomTom Hits 10 Million Product Mark

Amsterdam, The Netherlands, 9 May 2007 – TomTom, the world’s largest navigation solutions provider, announced today that it has sold its 10 millionth navigation product...

New and Expanded Maps Now Available for TomTom Users

Tue, 17 Apr 2007 00:00:01 GMT

New and Expanded Maps Now Available for TomTom Users• TomTom makes maps of new territories available• New maps offer an abundance of new navigation information including: - Thousands of kilometers of new roads and cross roads across Europe; - London’s new congestion charge zone (UK); - New Points Of Interest in small urban areas (France); - Increased house number information (Italy, Spain, Portugal);Amsterdam, The Netherlands, 17 April 2007 – TomTom, the world’s largest navigation solutions provider, today announces the availability of updates of most of its maps across its entire product portfolio...

TomTom Launches New Product Range: TomTom ONE XL

Mon, 16 Apr 2007 00:00:01 GMT

TomTom Launches New TomTom ONE XL Product Range~ TomTom ONE XL makes navigation even easier to use and safer with its extra large widescreen ~London, UK 16 April 2007 – TomTom, the world’s largest navigation solutions provider, today reveals the new TomTom ONE XL range with a super-sized 4.3 inch high-quality touch screen and a sleek new design...

TomTom Unveils the New TomTom RIDER - Its Award Winning Navigation Solution for Bikers

Wed, 11 Apr 2007 00:00:01 GMT

TomTom Unveils the New TomTom RIDER - Its Award Winning Navigation Solution for Bikers UK, 11 April 2007 –TomTom, the world’s largest navigation solution provider, today announces the launch of the new TomTom RIDER, TomTom’s all in one navigation solution designed for bikers by bikers...

TomTom to Open New Research and Development Office in Eindhoven

Mon, 26 Mar 2007 00:00:01 GMT

TomTom to Open New Research and Development Office in Eindhoven Office Emphasizes TomTom’s Commitment to Automotive Market and Technology Innovation Amsterdam, 26 March 2007 - TomTom, the world’s largest navigation solutions provider, today announces it will open a new office in Eindhoven (The Netherlands)...

TomTom HOME Hits One Million Users – the world’s largest Satellite Navigation Community!

Wed, 14 Mar 2007 00:00:01 GMT

TomTom HOME Hits One Million Users – the world’s largest Satellite Navigation Community!Customers See TomTom HOME As An Invaluable Tool To Keep Their TomTom Updated 14 March 2007, London: TomTom, the world’s largest portable navigation solution provider today announces that more than one million users across the world have accessed and registered for TomTom HOME, TomTom’s free software that enables TomTom users to future proof and personalize their devices...

Reports Fourth Quarter and Full Year Results 2006

Thu, 22 Feb 2007 00:00:01 GMT

Reports Fourth Quarter and Full Year Results 2006

Record Quarterly Revenue and Earnings

Fourth quarter financial highlights

Compared with Q4 2005

- Revenue increased by 65% to €478 million
- 1.9 million portable navigation devices (PNDs) shipped, up 146%
- Reports Fourth Quarter and Full Year Results 2006
- Gross margin increased by 3 percentage points to 46%
- Operating margin increased by 3 percentage points to 26%
- Net profit increased by 67% to €80 million
- Fully diluted EPS increased by 66% to €0.68
- Cash generated from operations of €132 million

Compared with Q3 2006
- Revenue increased by 35%
- PNDs shipped increased by 62%
- Gross margin increased by 2 percentage points
- Fully diluted EPS increased by 10%

Full year highlights
- Revenue increased by 89% to €1,364 million
- 4.7 million PNDs shipped, up 178%
- Net profit increased by 55% to €222 million
- Fully diluted EPS increased by 51% to €1.90- Cash balances increased by €260 million to €438 million

Fourth quarter operational highlights
- Clear leadership of European market, market share of 50% during important quarter; Consolidated number two position in North American market; number of retail outlets increased by 4,000 to 20,000
- New TomTom ONE became world’s best selling PND
- Joint development announced with Vodafone to deliver a unique new advanced travel time information system in the Netherlands

Outlook 2007
We expect that the European and North American market for PNDs will together grow to around 18 million units in 2007, up from over 10 million units in 2006...