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TomTom N.V.

TomTom N.V.

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Publicatie datum 17 feb 2010 - 23:04
Statutaire naam TomTom N.V.
Titel TomTom Reports Fourth Quarter and Full Year 2009 Results
Bericht Fourth quarter 2009 financial highlights • Revenue €533 million, an increase of 1% year on year and 46% sequentially • Operating result €113 million, operating margin 21% (Q4 ’08: €70 million, 13%) • 175% growth in Other TomTom revenue to €81 million; main contributions by Automotive, WORK, map and traffic subscriptions and mobile phone solutions • €186 million net cash flow from operating activities Full year 2009 financial highlights • Total operating expenses reduced by €127 million to €500 million • Operating result €231 million, operating margin 16% (2008: €244 million, 14%) • Net debt of €442 million (2008: €1,109 million) Outlook full year 2010 • We expect broadly flat revenue and earnings per share in 2010 compared with 2009