Slide 1: Q1 2017 Results
Q1 2017 HAROLD GODDIJN – CEO RESULTS TACO TITULAER – CFO 19 April 2017
Slide 2: Operational Highlights
• Acquisition of Autonomos • HD Map to power the Volvo Drive Me programme • Navigation supplier to PSA’s Peugeot 3008 Car of the Year 2017 OPERATIONAL HIGHLIGHTS Peugeot 3008 i-Cockpit Q1 2017 RESULTS PRESENTATION 2 /15
Slide 3: Operational Highlights
OPERATIONAL Traffic service coverage HIGHLIGHTS • Traffic service expanded • Frankfurt & Dusseldorf use TomTom traffic information to reduce congestion in their cities • TomTom Touch Cardio launched Q1 2017 RESULTS PRESENTATION 3 /15
Slide 4: Financial Highlights
• Revenue of €213 million (Q1 '16: €217 million) • Gross result up by 7% YoY FINANCIAL • Gross margin of 62%, up by 5 ppt (Q1 '16: 57%) HIGHLIGHTS • EBITDA of €28 million (Q1 '16: €26 million) • Adjusted EPS1 of €0.03 (Q1 '16: €0.03) • Net cash of €79 million 1 Earnings per fully diluted share count
Slide 5: Software revenue increases
REVENUE MIX Software revenue increases Q1 2017 RESULTS PRESENTATION 5 /15
Slide 6: Automotive grows strongly
AUTOMOTIVE +32% Automotive grows strongly Q1 2017 RESULTS PRESENTATION 6 /15
Slide 7: Thank you, any questions?
THANK YOU Any questions? Q1 2017 RESULTS PRESENTATION 7 /15
Slide 8: Full Year Outlook 2017 Re-iterated
• Revenue in the range of €925 million to €950 million Adjusted EPS¹ of around €0.25 • The combined revenue of Automotive, Licensing and FULL YEAR Telematics businesses to grow above 10%, reiterating our OUTLOOK 2017 previous expectations of revenue CAGR of 15% between 2016 and 2020 RE-ITERATED • Le
Slide 9: Quarterly P&L Statistics
QUARTERLY P&L STATISTICS (€ in thousands) Q4 '15 Q1 '16 Q2 '16 Q3'16 Q4 '16 Q1 '17 FY '16 FY '15 REVENUE 282,488 217,155 265,225 239,331 265,618 212,711 987,329 1,006,607 Cost of sales 143,523 93,850 119,967 94,690 112,594 80,341 421,101 488,080 GROSS RESULT 138,965 123,305 145,258 144,641 153,024 1
Slide 10: Quarterly Balance Sheet Statistics
QUARTERLY BALANCE SHEET STATISTICS (€ in thousands) 31-Dec-15 31-Mar-16 30-Jun-16 30-Sep-16 31-Dec-16 31-Mar-17 ASSETS NON-CURRENT ASSETS Goodwill 403,437 403,529 400,412 400,770 400,318 423,577 Other intangible assets 810,908 806,684 806,271 807,112 795,771 797,955 Other non-current assets 56,385 5
Slide 11: Quarterly Cash Flow Statistics
QUARTERLY CASH FLOW STATISTICS (€ in thousands) Q4 '15 Q1 '16 Q2 '16 Q3 '16 Q4 '16 Q1 '17 FY '16 FY '15 Operating result 203 -4,313 12,752 953 -498 -4,853 8,894 600 Financial gains/(losses) 278 954 -553 -1,960 2,794 1,916 1,235 -2,364 Depreciation and amortisation 41,536 29,870 30,941 32,140 39,052
Slide 12: Outstanding Shares and Adjusted EPS
OUTSTANDING SHARES AND ADJUSTED EPS per 31 March 2017, average over Q1 2017 Q1 2017 RESULTS PRESENTATION 12 /15
Slide 13: Non-GAAP Measures
NON-GAAP MEASURES The financial information in this report includes measures, which are not defined by generally accepted accounting principles (GAAP) such as IFRS. We believe this information, along with comparable GAAP measurements, gives insight to investors because it provides a basis for evalua
Slide 14: Disclaimer
DISCLAIMER This document contains certain forward-looking statements with respect to the financial position and results of TomTom’s activities. We have based these forward- looking statements on our current expectations and projections about future events, including numerous assumptions regarding ou
Slide 15: TomTom NV contact details
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands @: ir@tomtom.com T: +31 20 757 5194 www.tomtom.com/investors