Tele Atlas B.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
02 nov 2006 - 14:52
Statutory name
Tele Atlas B.V.
Title
TELE ATLAS REPORTS RECORD €65 MILLION REVENUE FOR THIRD QUARTER 2006
Comments
‘s-Hertogenbosch, The Netherlands, 30 October 2006 – Tele Atlas NV (FSE: TA6, EUNV: TA), a leading global provider of digital maps and dynamic content for navigation and location based solutions, today reported results for the third quarter of 2006.
Third Quarter Highlights:
• Revenues increased 29% to a record €65.0 million (Q3 2005: €50.5 million)
• Record Adjusted EBITDA of €11.1 million (Q3 2005: €1.7 million)
• Net loss increased to €17.8 million due in part to non-operating charges related to expansion of China activities. (Q3 2005: loss €9.8 million)
• 81% increase in personal navigation year over year showing continued strong growth in market
• New agreements with Nokia to provide maps for Nokia N95, and RIM for BlackBerry Pearl
• Expansion of presence in China with Changdi Youhao Mapping Technologies Co., Ltd. distribution agreement
Date last update: 22 May 2025