TomTom targets return to sales growth in 2015

Thursday 12 February 2015 | 11:13 CET | News
TomTom reported fourth-quarter sales of EUR 258 million, slightly lower than the EUR 268 million a year earlier. EBITDA fell to EUR 29.2 million from EUR 33.3 million, and the margin dipped to 11 percent from 12 percent a year ago. Adjusted net profit toaled EUR 9.7 million. The full-year results showed a similar picture of slightly lower sales and EBITDA, while net profit excluding one-time items rose 4 percent to EUR 60.3 million. In 2014, consumer revenues fell 5 percent to EUR 619 million, auto revenue was down 1 percent to EUR 109 million, and licensing fell 4 percent to EUR 112 million,

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Categories: Mobile & Wireless
Companies: TomTom
Countries: World
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