AMSTERDAM, Jul 24, 2012 (BUSINESS WIRE) -- Financial summary
-- Group revenue decreased by 17% to EUR262 million
-- Consumer revenue decreased by 26% to EUR155 million
-- Automotive revenue was flat at EUR60 million
-- Licensing revenue decreased by 7% to EUR29 million
-- Business Solutions revenue increased by 26% to EUR18 million
-- Gross margin of 52% (q2 2011:51%)
-- Adjusted EPS(1) of EUR0.09 (q2 2011:EUR0.10)
-- Net cash flow from operating activities of EUR10 million (q2 2011:-EUR32 million)
Operational summary
-- Global agreement with Apple for maps and related information
-- New range of Nike+ SportWatch launched
-- WEBFLEET subscriber base grew 37% to 209,000 (q2 2011:152)(q2 2011:000)
-- 6" PND launched
2012 outlook
-- Guidance maintained to deliver revenue of around EUR1.1 billion and adjusted EPS(1) of around EUR0.35.
More [VIA]
-- Group revenue decreased by 17% to EUR262 million
-- Consumer revenue decreased by 26% to EUR155 million
-- Automotive revenue was flat at EUR60 million
-- Licensing revenue decreased by 7% to EUR29 million
-- Business Solutions revenue increased by 26% to EUR18 million
-- Gross margin of 52% (q2 2011:51%)
-- Adjusted EPS(1) of EUR0.09 (q2 2011:EUR0.10)
-- Net cash flow from operating activities of EUR10 million (q2 2011:-EUR32 million)
Operational summary
-- Global agreement with Apple for maps and related information
-- New range of Nike+ SportWatch launched
-- WEBFLEET subscriber base grew 37% to 209,000 (q2 2011:152)(q2 2011:000)
-- 6" PND launched
2012 outlook
-- Guidance maintained to deliver revenue of around EUR1.1 billion and adjusted EPS(1) of around EUR0.35.
More [VIA]
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