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TomTom Third quarter results release 2006

 
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timber
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Joined: Jan 18, 2006
Posts: 422
Location: Wild and Windy SW Scotland UK

PostPosted: Sat Oct 28, 2006 12:43 pm    Post subject: TomTom Third quarter results release 2006 Reply with quote

apologies if already posted could not find it so here goes.

Quote:
Record Quarterly Revenue and Earnings
Full Year Guidance Increased

Third quarter financial highlights
Compared with Q3 2005
Revenue increased by 41% to €353 million
1.2 million portable navigation devices (PND’s) shipped, up 119%
Gross margin increased by 1 percentage point to 44%
Net profit increased by 24% to €73 million
Fully diluted EPS improved by 24% to €0.62
Compared with Q2 2006
Revenue increased by 27%
PND’s shipped increased by 42%
Gross margin increased by 1 percentage point
Operating margin increased by 6 percentage points to 29%
Net profit increased by 92%
Fully diluted EPS improved by 94%
Third quarter operational highlights
PND market continues to grow strongly
Successful introduction and rapid ramp-up to full volumes of new ONE; GO range performs well with production volumes now at planned levels
European market share of more than 50% in September; North American retail outlets increased by 5,000 to 16,000
Order book is strong ahead of the holiday season
Cash generated from operations of €117 million
Outlook 2006
Full year 2006 guidance increased: revenues now expected to be in the range of €1.3 billion to €1.4 billion (previously €1.1 billion to €1.3 billion), PND units in the range of 4.4 million to 4.7 million (previously 3.6 million to 3.9 million). We expect a gross margin of at least 40% and an operating margin of well in excess of our target of 20% for the full year.


intresting reading shift as many box's as possible don't worry about all the faulty equipment mounts, RDS-TMC, out of date maps and customer support Thumbs Up
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alix776
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Joined: 03/05/2003 14:45:49
Posts: 3999
Location: leyland lancs ENGLAND

PostPosted: Sat Oct 28, 2006 4:46 pm    Post subject: Reply with quote

timber all maping for anygps is out of date as oon as it released that goes for both navteq and teleatlas

yes the upport isnt the greatest but the one time ive used them they were pretty helpful.

as for the mounts yes they were a problem but a far a know they have been replaced free of charge. yes it would have been nice if they didnt but thats life

rds tmc cnt comment havent seen of used them but they do rely on being able to pick up classic fm which is some parts of the country reception may not be very good due but is likely to be due to a week signal from classic

shift a many boxes as possible there a business after all that what they are there for the more they move the lower prices is usually what happens
_________________
currently using aponia truck navigation on windows phone. Good bye IOS don't let the door hit you on the way out .

Oh the joys of being a courier.
device Lumia 950 xl
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