Slide 1: Q3 2018 Results
Q3 2018 RESULTS Harold Goddijn – CEO Taco Titulaer – CFO 16 OCTOBER 2018
Slide 2: Operational highlights
Operational highlights • Groupe PSA selected TomTom’s maps, navigation and live services for its next generation infotainment • BMW Group selected TomTom’s traffic data, routing and EV services • Mapmaking platform milestone: more than 1.5 billion updates in a single month • Exploring strategic alte
Slide 3: Path to Autonomous Driving
Path to Autonomous Driving From level 0 to level 5 L0 L1 L2 L3 L4 L5 Driver controls all Steering OR speed Steering AND speed Eyes-off Fully automated Fully automated aspects of driving control supervised control supervised conditionally on certain everywhere by driver by driver routes/roads Advance
Slide 4: Financial highlights
Financial highlights • Revenue of €220 million (Q3 '17: €219 million) • Gross margin of 73% (Q3 '17: 66%) • EBITDA of €62 million (Q3 '17: €35 million) • Adjusted EPS of €0.11 (Q3 '17: €0.16) • Net cash position of €179 million (Q3 '17: €102 million) • Deferred revenue position of €285 million (Q3 '
Slide 5: Continued growth in Automotive
Continued growth in Automotive Operational revenue +36% 72 12 53 5 In € millions 36 4 59 48 31 Q3 '16 Q3 '17 Q3 '18 Reported revenue Net increase of deferred and unbilled revenue Q3 ’16 revenue has not been restated under the new IFRS 15 accounting standards. Based on our assessment, the impact of I
Slide 6: 2018 Outlook
2018 Outlook Full year guidance increased Q3 results Q4 outlook Full year outlook • Solid performance and year on year • Higher expectations from our Revenue ~ €850 million growth in Automotive, Telematics Consumer business and also higher and Enterprise demand from Automotive Gross margin At least
Slide 7: Thank you – Any questions?
Thank you – Any questions? 7 / 14
Slide 8: Revenue break-down
Revenue break-down BY SEGMENT (€M) BY TYPE (€M) YTD ‘18 YTD ‘17 YTD ‘18 YTD ‘17 39% 36% 34% 41% 40% 643 46% 685 643 685 60% 66% 20% 18% Automotive & Enterprise Data, software & services Telematics Hardware Consumer 8 / 14
Slide 9: P&L
P&L (€ in millions) Q2 '17 Q3 '17 Q4 '17 Q1 '18 Q2 '18 Q3 '18 YTD '18 YTD '17 Restated Restated Restated Restated REVENUE 253.0 218.6 218.2 191.8 231.4 219.7 642.9 684.7 Cost of sales 90.4 74.5 88.7 58.3 65.8 59.9 183.9 244.4 GROSS RESULT 162.6 144.2 129.5 133.5 165.6 159.8 458.9 440.3 Research and
Slide 10: Balance sheet
Balance sheet (€ in millions) 30-Jun-17 30-Sept-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 Restated Restated Restated ASSETS Goodwill 254.9 254.5 256.3 256.1 255.5 255.9 Other intangible assets and capitalised contract costs 770.6 765.9 731.1 723.6 711.8 703.4 Other non-current assets 103.7 97.9 91.
Slide 11: Cash flow
Cash flow (€ in millions) Q2 '17 Q3 '17 Q4 '17 Q1 '18 Q2 '18 Q3 '18 YTD '18 YTD '17 Restated Restated Restated Restated Operating result -154.5 -0.4 -29.6 6.9 24.9 23.8 55.6 -156.4 Financial gains/(losses) -1.5 -3.3 0.6 -0.3 -1.4 0.5 -1.2 -2.9 Depreciation and amortisation 204.9 35.9 68.0 37.4 38.5
Slide 12: Outstanding shares and adjusted EPS
Outstanding shares and adjusted EPS Q3 '18 YTD '18 Common shares outstanding at the beginning of the period 235,318,516 235,318,516 Common shares outstanding at the end of the period 235,318,516 235,318,516 Average shares outstanding during the period* 231,069,285 230,767,811 [A] In the money share
Slide 13: Important Notice
Important Notice 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 assumpti
Slide 14: 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